Today, emerging technologies have transformed nearly every aspect of human lives. The Healthcare industry has also been revolutionized by the emergence of healthcare software in the market. Healthcare software streamlines healthcare delivery and accelerates the process and helps healthcare providers manage and perform their work more efficiently.
The global healthcare software development market is already massive and is expected to grow even higher, with a growth of 5.8 percent to reach 19.3 billion dollars by 2025. According to the Deloitte Global Healthcare Outlook report, the global spending on healthcare software development is expected to rise by 5 percent over five years 2019–2023. No surprise, healthcare software development demands are continually increasing. Moreover, the pandemic covid-19 has disrupted the entire healthcare industry and has given an explosive rise in healthcare software demands.
The software industry offers numerous services to the healthcare industry. The benefits that the healthcare industry can get from software development are listed below:
Benefits through novel technologies
- AI in Healthcare
The healthcare industry has most benefitted from Artificial Intelligence. AI can emulate human cognition in the analysis, comprehension and interpretation of complex medical data. AI algorithms work solely on input data to provide approximate conclusions. AI performs data analysis throughout the healthcare system to mine, automate and predict results. It is largely used to predict patient admissions, improve clinical workflows, ICU transfers and even explore a patient’s risk of hospital-acquired infections. - IoT in Healthcare
IoT (Internet of Things) enables healthcare professionals to monitor their patients more closely and accurately. IoT-enabled devices have made remote monitoring possible, unleashing the potential to treat and provide care to patients without physical presence. It empowers healthcare workers to deliver superlative care and treatment to the patients. Leveraging this technology, several wearables and other devices are invented that enable real-time tracking, end-to-end connectivity and remote monitoring. - Blockchain in healthcare
Blockchain is a revolutionary technology that has substantial potential to provide absolute data security, bring transparency to financial operations, and reduce billing cycles’ complexity. Blockchain facilitates the secure transfer of patients’ medical records and manages the medicine supply chain.
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Benefits for Doctors
- Reduced paperwork
With the implementation of medical software, excessive paperwork diminishes and allows healthcare providers to invest more time in primary healthcare and patient treatments. It reduces work pressure on the doctors and enables them to offer better quality care. Healthcare softwares help eliminate most of the paperwork by completely automating patient registration, form filling, record maintenance, file management, and data storage. - Increased collaboration with other specialists
Technology has removed all the geographical boundaries and enabled doctors, physicians and other specialists to connect and share knowledge with other experts. It also allows healthcare organizations to collaborate with the leading healthcare specialists worldwide and conduct better learning and training of its healthcare providers. Collaborations with other specialists also lead to making better-informed decisions for patients’ treatments. - Efficient patient management
Various software like EMR (Electronic Medical Record), PES (Patient Engagement Software), EHR (Electronic Health Record), etc., allows healthcare workers to manage patients’ data efficiently. An organization can also build custom healthcare software that focuses on the organization’s requirements. Leveraging such software enables clinical specialists to efficiently and effectively manage their practices.
Benefits for Patients
- Enhances Patients’ outreach
Mobile health applications, patient portals and other healthcare software provide the facility to connect patients and healthcare workers through instant messaging, video calling or voice calling. - Improved healthcare quality
When healthcare providers have reduced paperwork and access to informative resources, the quality of treatment and care provided to patients is increased manifolds. Healthcare software help create versatile solutions that improve workflow and provide seamless medical operations. Thus, patients receive maximum benefits from healthcare software development. - Enhanced communication
Medical softwares allow patients and healthcare providers to manage communication from the ends. It facilitates secure messaging, instant calling, scheduling appointments, handling reminders, etc. - Easy access to medical data
All the medical software store and manage patients’ data. It enables patients to view, download and share their medical records with the authorized person. Patients can easily access their medical history, treatment plan, lab reports and other clinical data. Moreover, few software applications also provide educational resources to the patients to increase their care-taking engagement.
Benefits for Healthcare Organizations
- Improved medical business management
Facilities such as enhanced data collection, data storage, data management, digitized medical practices, easy payments, and various other features tend to increase the organization’s overall performance. It eventually leads to increased financial efficiency, on-going profitability, cut down costs and optimize throughput. - Patient Satisfaction
The key benefit that an organization need is a patient satisfaction. When the patient is satisfied with the services provided, it becomes a success for the business. Patient satisfaction brings loyalty and trust; a happy patient is likely to remain in the organization for the long term.
The Healthcare industry is continually growing, and with this growth, the demands for software development is also increasing. Software development companies are continuously working to improve and bring innovation to this industry. The Healthcare industry is among those which depend on high efficiency and accuracy. The emerging technologies, including AI, IoT and Blockchain, possess the capability to deliver required software solutions.
Credit: BecomingHuman By: LeewayHertz