Future of Healthcare Industry: Why we need to focus on the data-related Technologies
- July 12, 2020
The Healthcare industry is increasingly leveraging data-driven technologies to cater to the growing demands of patients in need of continual care management. The application of data-driven and AI-powered smart tools ushered in a whole new era in this industry. With large chunks of data generated every day, it has become essential to integrate data-driven technologies to ensure seamless operations and cater to patients’ needs.
In this blog, we shall carefully analyze its importance and why we need to focus on data-related technologies in the future.
So, let’s delve deep!
- Systematic Arrangement of Healthcare Information
With the evolution of Big Data, storing a large amount of information systematically is no longer an issue. Stored information helps medical practitioners take a well-informed decision at the right time.
They can access data at any point in time and take on using appropriate treatment processes Such prudent use of medical data helps save a lot of time and money, which otherwise could have been spent on diagnosing and collecting data.
- Strategic Planning
With the use of data analytics, healthcare givers can strategically plan for care management and decide further course of treatment. On a thorough analysis of data, they get detailed information about a patient’s current situation and past medical records. In the future, these tools are expected to get smarter and play a critical role in the early diagnosis of diseases and plan for future care management more effectively.
- Real-Time Notification
Artificial Intelligence-powered, data-driven tools provide real-time notifications that help doctors make perspective decisions in the treatment process. These smart tools seamlessly collect the details of patients and store them in their database.
Going forward, it provides real-time alerts to doctors regarding patients’ health, enabling them to take accurate measures in case of an emergency. A few years down the line, these tools may also help doctors predict diseases that a particular patient may tend to suffer, based on their medical history and current health status.
- Patient Engagement
Regular monitoring of a patient’s daily eating or sleeping habits, heart rates, and blood pressure is absolutely necessary. Smart, AI-powered, data-driven tools analyze these data and help doctors and caregivers predict possible health menaces.
According to a study, few years down the line, data-driven technologies will become sufficiently powerful to predict diseases a patient is most likely to suffer based on their heart rate, blood, pressure, and daily eating and sleeping habits.
- Electronic Health Record (EHR)
Though already used extensively by most major hospitals and healthcare chains, it’s expected to take a step further in the coming years. With EHR, patients can easily access medical records, such as test reports, prescriptions, and case history. With the number of patients continually on the rise, it is only easier to maintain their respective data with EHR.
- Predictive Analytics
The application of Big Data Analytics in healthcare enables doctors to predict health risks and plan future courses of treatment. According to studies, predictive analytics is particularly helpful in patients suffering from complicated health problems and multiple medical conditions.
Additionally, hospital authorities can foresee the frequency of a patient’s visits, gauge the probability of admission, and predict a pattern for the same in the future. This again will help them streamline their resources and mitigate the cost of administration.
- Enhanced Security
Data analytics plays a key role in helping hospital authorities prevent fraudulent activities in an organized manner. Tools powered with data and cutting-edge technologies improve cybersecurity and mitigate the chances of malware attacks in assistance with firewalls, encryption technology, and antivirus software.
Nowadays, many healthcare organizations have started integrating smart, data-driven technologies to keep hackers at bay by monitoring changes in network traffic or any other type of suspicious behavior that may cause a cyber attack.
- Prevention of Unnecessary Emergency Room Visits
Big data helps prevent unnecessary emergency room visits and reduces the overall expenditure of patients. Several studies have revealed that unnecessary visits to the emergency room do not bring better outcomes for patients.
With data analytics, medical practitioners can assess patients’ previous medical records and start with the treatment immediately. Big data also gives them an idea of whether a visit to the emergency room will lead to any positive result for a particular patient. According to an industry report, these tools are expected to get smarter and will succeed in providing in-depth insight into a patient’s current condition.
- Hassle-Free Hospital Administration
Gone are the days when hospital administrative procedures were complicated and time-consuming. With data analytics stepping into the game, delivering the finest medical support and managing the at-risk patients is no longer cumbersome.
The health caregivers can extract and analyze data from different sources and provide insights about streamlining hospital operations or any emergency, like natural calamity or epidemic outbreak.
- Healthcare Intelligence
Data analytics can help hospital authorities harness the benefits of healthcare intelligence and applications. As a result, they can create smart business solutions and enjoy a competitive edge. Going forward, they can focus on streamlining their resources and maximizing the output of resources. According to a recent study, these ever-evolving technologies will also help authorities keep track of insurance claims, allowing patients to receive better returns.
A Few Words Before Wrapping Up
Healthcare is increasingly benefitting from data-driven technology bringing in more success stories. Data-related technologies are enabling healthcare providers to give better care to the patients while also making the industry’s marketing touchpoints defined and integrated.
No matter if you’re a start-up or a key player in this industry, it’s high time you think of integrating data-related technologies in your organization!
Let us know your thoughts in the comment section. Also, don’t forget to share how you think data will revolutionize the healthcare industry.
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