Maryland’s growing health technology industry topic of MEDA Conference

Date
05/29/2014

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The Maryland Economic Development Association (MEDA) announced its 2014 Summer Conference, to be held June 12 from 10 a.m. to 3 p.m., with networking beginning at 9 a.m., at the University of Maryland’s Riggs Alumni Center in College Park, Maryland. Industry experts will speak about the transition of the health technology industry in Maryland and the unique assets that position the state to become a leader in global health technology.

“The age of information is redefining the health industry,” says MEDA President Lawrence F. Twele, CEcD. “Access to health-related information has grown exponentially, and it’s changed the playing field drastically.”

Conference speakers will deliver an overview of the health technology industry and discuss the potential for health technology to improve health and care delivery and connect the dots between the growing health technology industry and economic development.

Mobile health will also be a topic of discussion. Attendees will learn that some Maryland companies and universities have already begun developing apps that can be used to monitor patient health. Speakers will explore the question of how this rapidly growing remote monitoring will affect development of innovative business opportunities in Maryland.

“It’s a very exciting time for health technology,” says Twele. “Especially in Maryland, where our young talent is developing innovative products completely new to the game.”

New record-keeping software systems are in the works, changing the way patients, medical providers and insurance companies are communicating. The new systems, scheduled to be a topic of discussion at the conference, are designed to provide a more positive experience for patients. Twele says this will lead to a plethora of business development opportunities.

Experts also will discuss current developments in health data security.

The conference will close with a discussion on the importance of nurturing innovative health technology firms. “Technological innovations will drive down costs and attract a wider consumer base,” says Twele. “We’re very excited to see where the future of the health technology industry is headed, especially in Maryland.”

Registration for the 2014 MEDA Summer Conference is $65 for members and $80 for nonmembers.

The Maryland Economic Development Association

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