The healthcare industry is at the cusp of a massive transformation, driven by technological advances and the increasing need for patients for personalized care. With the rapid pace of innovation, healthcare providers need to be aware of the latest trends and advancements to ensure they can deliver the best possible care for their patients. As we move into 2023 and beyond, we can expect significant changes in how healthcare is delivered, and patient outcomes are improved. This includes the widespread adoption of telemedicine, AI, and ML algorithms to provide personalized care, the rise of digital health platforms, and the increasing need for data privacy and security. In this blog post, we’ll take a closer look at these trends and how they will shape the healthcare industry in the coming years.
- Telemedicine– also known as telehealth, is a key aspect of digital transformation in healthcare. It involves the use of video conferencing, messaging, and other digital tools to provide remote care to patients. Telemedicine has become popular due to its convenience and affordability, especially in rural areas. Going onward, it is expected that telemedicine will become even more widespread, with more patients opting for virtual consultations and remote monitoring. Experion has developed cutting-edge platforms and applications for remote patient monitoring leveraging IoT, AI, and ML technologies. Our video calling applications and patient monitoring digital tools have been specifically designed to provide seamless and secure communication between patients and healthcare providers. For years, Experion has been at the forefront of digital transformation in healthcare, enabling better patient outcomes and improving the overall efficiency of healthcare delivery.
- Electronic Health Records (EHR)- These digital versions of patient medical records provide healthcare providers with a comprehensive view of a patient’s health history, including allergies, medications, lab results, and more. The current EHR technology can facilitate the creation of worldwide benchmarks for interconnected healthcare applications. These applications have the potential to make use of different types of data such as health, social, economic, behavioral, and environmental data to effectively communicate, interpret, and make informed decisions based on complex healthcare information. As a result, it can enable the development of precision medicine and foster a learning health system.
- Wearables– This technology has emerged as a highly effective means of monitoring chronic medical conditions, delivering therapy, aiding in rehabilitation, conducting diagnostics, and tracking physical activity. These devices provide continuous data tracking, which enables healthcare professionals to intervene quickly when necessary. The value of the wearable market was $18.9 billion in 2021 and is likely to grow at a CAGR of 22.2%, reaching $60.6 billion by 2027. The market’s expansion is being driven by factors such as the increasing prevalence of lifestyle-related diseases like hypertension, rising demand for home healthcare, and the need to enhance patient outcomes. Experion has developed a Bluetooth Integrated Glucometer that allows patients to easily monitor their blood glucose levels and receive health updates directly in the app. This glucometer is a valuable tool for patients who need to regularly monitor their glucose levels, such as those with diabetes. By seamlessly integrating with the app, patients can easily track their health data and receive notifications and alerts when their levels are outside of their target range. This helps patients stay on top of their health and make more informed decisions about their diet and medication.
- Healthcare Analytics– This involves using large amounts of data to generate insights that inform decision-making, improve planning, management, measurement, and learning in healthcare organizations. With the need to reduce costs, improve patient care, and cope with staffing shortages, analytics is becoming increasingly important. Analytics competencies can help organizations leverage big data to create actionable insights that drive value for patients and stakeholders. Experion Technologies places a strong emphasis on data privacy and security in healthcare. In developing healthcare applications, Experion ensures compliance with regulations such as HIPAA and GDPR. This includes implementing robust security measures to protect patient data and integrating health information exchange capabilities to enable secure sharing of patient data between healthcare providers. By prioritizing compliance and security, Experion is able to develop healthcare applications that not only meet regulatory requirements, but also provide patients and healthcare providers with the peace of mind that their data is being handled responsibly and securely.
Experion’s Cloud-based Data Analytics Expertise for Improved Patient Outcomes
Data analytics has become an increasingly important tool in healthcare, allowing healthcare providers to gain valuable insights from patient data. However, the challenge lies in managing and integrating staggered databases of patient information that are often stored in different places. To address this challenge, Experion is helping healthcare providers move towards a cloud-based system, which allows for more efficient management and integration of patient data. By leveraging cloud technology, Experion is able to create dashboard visualizations that provide healthcare providers with real-time access to patient data, enabling them to make more informed decisions about patient care. These insights can help healthcare providers identify trends and patterns in patient data, which can be used to develop more effective treatments and improve patient outcomes.
Joining Forces for Better Health
In recent times, many of us have been committed to improving our overall health and well-being. It’s worth noting that we don’t have to go at it alone. We have a wealth of resources available to us, including healthcare providers, insurance companies, and employers, who are dedicated to helping us lead healthy lives. Moreover, collaboration with the stakeholders can also help reduce healthcare costs. When individuals prioritize preventative care and seek treatment for health issues in a timely manner, it can potentially reduce the need for more expensive interventions down the road. By taking advantage of these resources and working together with those around us, we can make significant progress toward achieving our health goals.