Technology Trends in Healthcare 2017

July 11, 2017

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Rajesh R. Ballakoor

Senior Manager – Client Solutions

Digital transformation in the Healthcare industry has brought innovation across the design, development, creation, use and maintenance of information systems. Tech innovation in the Healthcare industry has been phenomenal over the years, bringing about varied trends among Healthcare providers to look forward to, in the coming year. Healthcare Providers are increasingly leveraging Healthcare Provider Consulting Services in order to take advantage of these trends.

Artificial Intelligence (AI):

Machine Learning has been advancing by leaps and bounds over the last few years. AI has improved the analysis of complex medical data for Healthcare Providers with the help of algorithms and software applications. Many healthcare providers are developing healthcare solutions based on these algorithms with the help of Healthcare Provider Companies.

Blockchain:

Blockchain as a technology was created for cryptocurrency transactions. However, we will also see Healthcare providers hustle up to determine the application utility of Blockchain to bring about an improvement in maintaining health records, execute transactions and interact with stakeholders. Blockchain would be used to facilitate and create a repository of health information that is more comprehensive and secure. It is believed that adoption of Blockchain will help in detecting fraud, improving Healthcare provider directory accuracy, simplification of application processes and furthermore, facilitate a strong provider-client relationship.

Cloud:

This year, it is expected that cloud will see increased adoption by Healthcare Providers. Cloud Computing is believed to help in facilitating the application of Big Data Analytics, Cognitive Computing, Mobile Collaboration and Information Exchange technologies in Healthcare Industry in order to accelerate the delivery of advanced Healthcare solutions. Cloud Computing will provide cost flexibility and also help in reducing costs.

Disease Management Technology:

Healthcare providers are leveraging Disease Management Solutions to facilitate speed and agility in diagnosis. This will give rise to more Data Management technologies which will in turn shorten time-to-market. Modern Disease Management Technology will help in narrowing diagnosis with precision with the help of Data driven applications and predictive analytics.

Innovation in EHR:

Digitization of Healthcare in the form of EHR is turning out to be a double edged sword. It has helped in bringing about improvement in convenience and quality of patient care. However, Security in EHR continues to be a growing concern. Since the data in EHR is sensitive and critical, a data breach can turn out to be an expensive affair. Implementation of EHR too comes at a high cost. This year will see new and much needed developments in EHR.

Imaging management:

Development of new techniques will help eliminate duplicate processing. Using cloud technology will help physicians to manage images and eliminate hurdles such as imaging redundancies. It will also enable interoperability on a larger scale and further, foster an earlier diagnosis.

Internet of Things (IoT):

There are many appliances and medical devices that will ring in the continuous innovation in IoT. Along with medical devices, IoT is also changing Healthcare services owing to increased connectivity and cloud. This is in turn helping in achieving decreased costs and improved treatments. IoT in healthcare industry deals with critical data and therefore there is no scope for error. With the development in Healthcare Information Exchange, the amount of data and information shared is going to increase. The focus of IoT therefore, will now be seen primarily on overcoming security concerns to protect critical information.

Benefits of Technology in Healthcare:

  • Wearables: Smart health monitors are evolving rapidly, providing new and improved features. These health monitors collect personalized real time data. The derived data helps users in adopting healthier lifestyles and even helps medical research with abundant data. Wearables are also bringing about a revolution in improving clinical outcomes.
  • The use of Big Data in Medicine: With increasing amount of data being generated, with the help of wearables and digitized data exchange, this data can be analyzed for a detailed evaluation. Big Data is moving the healthcare industry towards evidence-based medicine by utilizing the clinical data available. Big Data in medicine has made it possible to gain a 360 degree view of a desired set. This has in turn encouraged a value-based, patient-centric healthcare practice.
  • Telemedicine and Remote Monitoring: With the ongoing development in Mobile technology in the Healthcare industry, the need for physical interaction with the healthcare professional has reduced. This has brought about a revolutionary change in the rural and remote areas of the world where healthcare systems are not readily available. This has been a catalyst in developing creative solutions for healthcare information exchange and timely diagnosis.

Providing solutions for the changing healthcare requirements means that there is a need for reducing costs of accessing Healthcare and nurturing productivity to offer improved healthcare services. Healthcare providers and payers, with the help of Digital transformation will be able to transition to more scalable models, designed to enable smarter choices and better utilization of time.

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