How does the 2021 Digital Transformation in Healthcare Look Like

from Analytics Insight
June 29, 2021

As in any other industry, technology is making its way into the healthcare industry. The speed of medical innovations is leading to the digital transformation of the industry.

There is currently a need for better patient engagement and experience. In addition, data generated, tracked, analyzed and used in real time by innovative medical devices is the new currency in healthcare. All in all, the digital transformation is catalyzing research and development (R&D) and improving operational performance, productivity, efficiency and cost efficiency across the healthcare value chain.

The fundamental drivers of digital transformation are the emerging technologies that provide a business with a digital foundation and competitive advantage. These include artificial intelligence (AI), blockchain, cloud and virtual reality. Leveraging these technologies will enable biopharmaceutical companies to develop new products and services, retain customers more effectively, and run processes more efficiently.

In this context, let’s take a look at the status of digital transformation in healthcare in 2021:

• On-demand healthcare: The shift towards the need for long-term care is increasing. To speak of “on-demand medical care” means patients who can consult doctors at will, anytime and anywhere. It turns out to be beneficial, especially for patients suffering from chronic illnesses or other non-serious ailments. The significant advances in telemedicine and communication channels are helping consumers receive treatment over video calls. For example, companies like Nomad Health – an online marketplace that connects doctors on short-time work directly with medical facilities – help provide doctors with on-demand health care in certain circumstances that suits their talents, expertise and schedule.

• Alternative to medication: Virtual Reality (VR) is used in several areas of healthcare. This technology is considered a safer and more efficient alternative to medication and is used to treat pain, anxiety, post-traumatic stress disorder and stroke, among other things. In addition, virtual reality simulations are used by doctors and residents to improve their skills or to plan complicated operations. In addition, VR headsets are also used as a tool to help children with autism find their way around the world.

• Rise of portable devicess: Most people used to have a physical exam or health check up once a year if something went wrong. But today people are actively committed to prevention and are therefore more likely to ask for information about their health. As a result, healthcare companies are investing in wearable technology devices that can continuously track and collect patient health data. It can provide up-to-date monitoring of high-risk patients and identify the possibility of a serious health event.

• Predictive analysis: The ongoing COVID-19 pandemic has taught the world to be prepared for anything. Predictive analytics helps to identify possible circumstances early on before they occur. The method helps determine which diseases are about to become significant problems, a patient’s condition, admission rates, and helps hospitals staff their facilities appropriately, etc. Therefore, predictive analytics in healthcare can help a healthcare practitioner or healthcare provider as quickly as possible to respond to all change.

• AI-enabled tools and services: AI is becoming another integral aspect of health services. Patients become familiar with AI-based chatbots and virtual health assistants. Artificial intelligence in medicine could mean that a robot supports nursing staff with routine tasks such as fetching and replenishing supplies. In addition, AI can also be used in precision medicine, drug discovery, medical imaging, and genomics.

• Blockchain: It is proving to be an effective tool in healthcare. It facilitates the secure transfer of patient records and manages the drug supply chain. It’s an electronic health record (EHR), or the digital version of a medical record, that contains everything from a patient’s medical history and diagnosis to treatment plans, vaccination dates, and test results, along with their demographic and financial details. Therefore, through blockchain, the healthcare system can bring accuracy and eliminate information hacking.

• 5G mobile technology for immediate healthcare: 5G technology enables instant streaming, downloading and uploading. In telemedicine, this means that patients experience better video conference quality regardless of their location. In addition, doctors have access to precise, real-time imaging of organs, bones, etc., which significantly reduces the risk of misdiagnosis. 5G is designed to support technologies such as artificial intelligence and augmented reality to improve current services and applications and thus offer a better user experience.

• Hospital management 4.0: Information overload, a lack of real-time interventions or ineffective communication are some of the central challenges in hospital management. But with Hospital Management 4.0, such obstacles can be tackled with modern technologies. Hospital management 4.0 includes the uninterrupted communication of all hospital data in real time; digital networking via IoT; End-to-end process organization to minimize patient trigger actions; and patient-centered services.

The bright future of healthcare

The winds of change have started to blow in the healthcare system. However, there is still a long way to go to be accessible and comfortable for patients and tech-savvy users across borders. Technology will undoubtedly play an important role in enhancing the digital health space and enabling doctors to have unique experiences.

author

Sudeshna Datta, Co-Founder & Executive Vice President, Absolutdata

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