TECHNOLOGIES IN THE HEALTHCARE INDUSTRY: ADVANCEMENTS FUELED BY THE PANDEMIC


Posted February 11, 2021 by aliceworly12

The pandemic-fueled technology adoption has enabled the healthcare industry to address the challenges, including cybersecurity, telehealth, invoicing and payment processing, patient experience, effective payment model, and big data.
 
The deployment of pandemic-fueled technology has enabled the healthcare industry to address challenges including cyber security, television health, billing and payment processing, patient experience, an efficient payment model and big data. Responses to the unusual COVID-19 pandemic have accelerated the uptake of new digital technologies by industry. It has also contributed to the development of health technology. From the beginning of 2020, these advances transformed the healthcare industry into the next generation industry, accelerating the digitalisation of their internal and external activities by two to three years.

The surprising impact of this technology in the healthcare industry has highlighted the unexpected competition between the major players in the B2B healthcare market. Whatever the field, adapting to modern change is the best strategy for success. Renew yourself as you change or grow old - this is the new norm in health care.

The following trends and developments in the healthcare industry in the wake of the 2020 pandemic show that healthcare providers are always looking for new ways to improve their productivity, efficiency and effectiveness. It took an hour during the pandemic for them to stand out from the competition.

• Telemedicine

• Artificial Intelligence (AI) in healthcare

• Internet of Things (IoMT)

• Supply chain management technology

• Privacy issues

• AR / VR / MR in healthcare

• Blockchain

• Trends in digital healthcare marketing

This article looks at the key innovations, advances and trends in the healthcare industry identified by the global pandemic in 2020.

PANDEMIC FUELS
One of the biggest challenges facing the US healthcare industry today is its digital ability to effectively engage and keep consumers healthy. This may include helping people to prevent infection with various diseases, such as COVID-19, and effectively controlling a variety of other chronic conditions. Technology in the healthcare industry plays a major role here.

Thanks to the latest advances in technology, the healthcare industry was already evolving, but the COVID-19 pandemic accelerated this change dramatically. According to McKinsey, the US healthcare industry spent $ 250 billion on technology to turn the industry into a virtual care model due to the pandemic. A study by the non-profit organization FAIR Health also says that the growth of US health care requirements will be 4000% in 2020.

Here you will find a detailed overview of the above mentioned progress, innovations or trends highlighted by the pandemic in the industry.

TELEMEDICINE
Have the world ever thought that one day doctors would be able to remotely examine a patient's health using a smartphone or computer? Telemedicine, a new technological trend in the healthcare industry, meets many challenges in this field. Industry-advanced technology has made telemedicine even easier for people who are not computer savvy. Telemedicine services are now provided through various telemedicine applications.

In the light of the pandemic, 43.5% of primary care visits in the US in April 2020 were telemedicine instead of a personal visit. The main advantage of telemedicine is that it reduces contacts between healthcare professionals, patients and other patients. This reduces the likelihood of the spread of infectious diseases.

According to reports, 71% of Americans considered telemedicine useful at the beginning of the pandemic. This trend is expected to continue in the coming years. With the pandemic, telemedicine was an immediate boom compared to previous years. Such a health care boom is projected to exceed $ 185.6 billion by 2026.
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Issued By Alice Worly
Country United States
Categories Health , Medical , Science
Tags healthcare industry , healthcare sector , medical industry
Last Updated February 11, 2021