The healthcare industry has evolved at a skyrocketing pace, constantly driving organizations to leverage technology and innovate to meet the challenges lying ahead. From a provider perspective, the goal has always been to cater to the needs of the patient. So far, solutions that include health informatics, disease management, and additional technologies have proven their […]
The COVID-19 pandemic is escalating at unprecedented speed, constantly putting pressure on all industries struggling to get business back on track. In healthcare, the main priority has been to prevent the spread of the virus and protect the general health of populations worldwide. Now, more than ever, there’s a dire necessity to leverage new technology […]
There’s been a sizable shift in telemedicine in the past couple of years, and increasingly more studies emphasize that patients have become more open to using telehealth services. The challenge is that telemedicine doesn’t work properly when integrated into centralized, standard databases. For the best outcomes to be attained, the solution is a complete consolidation […]
According to a survey done by Bain & Company, by 2022, 40% of all physicians in the US will have had a telemedicine system installed into their offices. Estimates further show that 35% will also leverage remote patient monitoring to streamline the way they provide care to patients. The increasing trend of using remote patient […]
Virtual health is made up of three core modalities of telecommunication and digital technologies that can be implemented to deliver proper health care – synchronous, asynchronous, and hybrid. In simple terms, it can serve as a complementary addition to the basic care needs of patients worldwide. In addition, virtual health can substitute legacy systems in […]
Many companies face challenges when attempting to deliver innovation using existing, legacy-based cloud strategies. Although the majority have made the switch to the cloud, their return on investment seems to be stalling. One of their best approaches in this scenario is to become “cloud-native” and start building apps without repurposing outdated architectures. The future of […]
After being officially declared a pandemic earlier in March, the infamous Coronavirus (COVID-19) has created unprecedented panic among the world’s population. For companies across all industries, the lockdown has compelled business leaders to act fast, make decisions in the blink of an eye, and take action to protect workers while ensuring business continuity. The current […]
The healthcare sector is going through an exciting period, although some industry leaders anticipate that uncertainty amid an accelerated growth in the aging population and rising prevalence of technology advancements, investments in infrastructure, increased labor costs, and evolving healthcare models. By 2023, global healthcare spending is anticipated to increase at an annual growth rate of [...]
Amid the Covid-19 pandemic, the spread of the virus has inevitably led to unforeseen growth in costs. People are spending more on healthcare although many have been laid off or are on technical leave. The lockdown is compelling MedTech leaders to respond and come up with solutions to mitigate critical business concerns related to the […]
In 2010, the US spent $2.7 trillion on healthcare, half of that amount being reserved for wages. In light of the facts mentioned, the US healthcare industry became one of the country’s most labor-intensive of all. There have been attempts to reduce spending over the years, however, policymakers and industry leaders didn’t succeed at reducing […]