How healthcare is being reinvented through digital transformation

The digital healthcare market is expected to reach $ 206 billion by 2020, as a joint study by SAP and Oxford Economics concluded that nearly 70% of healthcare companies plan to digitally transform their operations, while nearly 61% believe this will increase patient satisfaction.

Most healthcare providers today have strong plans for digital transformation and their efforts are changing the way they deliver healthcare through new and innovative methods. Today, hospitals provide outpatient, hospital, outpatient, and outpatient surgery services; access to the patient’s history; and telemedicine in different ways through its revamped processes and technology-enabled execution. Even as providers are creating and delivering new digital products and services to improve clinical outcomes and patient satisfaction, they are also finding entirely new business models capable of generating value through new business models. Players like Microsoft, Google, Amazon and Apple are also struggling to gain market share, with varying levels of success.

As the healthcare sector becomes compulsive to adopt a digital strategy, let’s see how they are reinventing the way they perform through digitization:

1. Use healthcare interoperability to enable the sharing of patient data across the continuum of care from healthcare providers and stakeholders to deliver coordinated collaborative care to each and everyone.
2. The Internet of Medical Things (IoMT) is here, at a confluence of IoT, telemedicine and telehealth technologies, putting wearable devices like ECG and EKG monitors to use and playing a critical role in tracking vital medical statistics to prevent or control chronic diseases and to provide virtual care to patients, increasing customer satisfaction in the process.
3. Portable devices allow patients to be monitored in real time, avoiding the need to physically admit them to the hospital. Virtual care is set up to allow the elderly to stay home, even when their health is monitored for any signs of deterioration.
4. Countries with large populations with limited access to providers are turning to telemedicine, even as wait times for medical appointments and Medicaid acceptance rates continue to rise year over year. Telemedicine is an important tool that allows even remote patients to access specialists, as technology makes it possible for the right healthcare professional to match the right patient, either in person or through virtual care portals.
5. Automation, artificial intelligence, and chatbots make it possible for patients to reduce costs by avoiding visiting a doctor and obtaining self-care instructions as we use healthcare data and analytics to enable better treatment plans and better outcomes for the patients.
   1. Chatbots make it possible to handle routine medical consultations using AI-backed voice and messaging systems, while machine learning enhances the chatbot’s capabilities with every interaction. They also schedule appointments, test prescriptions, run lab tests, provide a hassle-free billing procedure, and keep track of health data.
   2. AI can replicate a human’s abilities to process information and make decisions, increasing the speed and accuracy of diagnosis. AI-enabled body scanners detect cancer early and save lives. AI is being used to explore chemical and biological interactions and to improve formulations of old drugs and test the efficacy of new drugs without the need for costly clinical trials.
   3. Big data analytics is leveraging health data and tracking epidemics by merging population data, health statistics, and migration to help prevent epidemics, reduce costs, and cure disease. It is also used to detect identity theft and health care fraud.
   4. Robots that assist a surgeon or perform surgeries themselves are now a reality, while others provide support to people with sensory, cognitive and motor disabilities (who comprise nearly 20% of the world’s population) or their caregivers. AI-enabled humanoid robots are helping lonely humans stay independent longer with their company and their conversations.
6. To enable healthcare providers and patients necessary access to confidential patient data in accordance with the Health Insurance Portability and Accountability Act (HIPAA), the industry is rapidly turning to cloud computing.
7. The digital health industry is also working to improve its digital marketing strategies by focusing on the quality of its content and its ability to convert visitors to patients as engagement increases and provides the vital and relevant information you need to share with the consumer.

To be sure, digital healthcare is altering the healthcare landscape in a number of ways, requiring a complete process overhaul before efficient new ways of delivering healthcare can take effect. Even the insurance industry is turning to digital transformation using out-of-the-box projects in health insurance, which take a value-of-care approach rather than focusing on volumes. For all these innovative new approaches to take root and become the norm rather than the exception, organizations must not only embrace and exploit the benefits of the digital transformation of healthcare, but also engage and motivate their workforce. to gain the skills necessary to make the best use of these facilities.