IoT is instrumental in the rise of connected healthcare, and Sweden’s Cuviva is at the forefront of the this revolution, offering a solution that reins in costs while giving vulnerable patients real-time personalised communication with healthcare professionals, delivering better and more equal healthcare for everyone.
Cuviva, founded in 2016 is one of those rare companies that is driving a market that didn’t exist before they identified a problem. The company saw that even though connected healthcare was evolving, there remained an obvious gap between the equipment and resources provided by healthcare and the technology available.
“Despite the digital revolution, there are still 1.1 million people in Sweden alone who are not connected on a daily basis – and if you’re not connected you are not going to be able to take advantage of the many benefits offered by digital healthcare,” explains Henrik Cederqvist, Founder and CEO Cuviva. “The people who can most benefit from connected healthcare, such the elderly with multiple chronic health issues and patients with both cognitive and motoric disabilities, are the same people who are least likely to be connected. Add ageing populations into the mix and it was obvious to us something needed to be done.”
What Cuviva did was develop a ground-breaking digital system that delivers safe, connected healthcare to a patient’s home while keeping costs down. With Tele2 IoT connectivity at the heart of the Cuviva connected healthcare revolution, even the most vulnerable patients are able to enjoy increased quality of life.
“Sweden spends more than 250 billion SEK on healthcare annually,” says Cederqvist. “Second-stage elderly patients – those with multiple chronic conditions in their twilight years – make up about 50% of that budget. At the same time, the mindset of traditional healthcare today is to give care, not to give health.