THE IMPACT OF DIGITAL TRANSFORMATION ON HEALTHCARE
DIGITAL TRANSFORMATION ON HEALTHCARE
Technology is transforming the way people bank, travel, and shop. But, it has yet to make significant inroads into the healthcare industry. Digital transformation in healthcare is a building block of a patient-focused approach to healthcare. It will help healthcare providers streamline operations, understand what the patient requires, build loyalty and trust and offer a better user experience.
Moreover, collecting and extracting data provided by digital communications will prove valuable. Understanding the needs and behaviors of target users, healthcare providers will analyze new ways to add value by building loyalty and trust.
As a healthcare provider, you should understand that keeping up with digital transformation in healthcare can be overwhelming. Selecting which technology is worth investing in might be challenging for a healthcare leader. Adapting to the digital era means avoiding outdated business processes and believing that technological disruption will deliver significant results.
The US Healthcare market is tremendous and its digital health market is expected to reach 504.4 Billion USD in 2025 from 86.4 Billion in 2018, at a CAGR of 29.6%. However, you need a complete picture of the modern digital healthcare landscape to transform the standard practice in 2020.
In this article, we shall be discussing the role of emerging technologies in the digital transformation of healthcare and what it requires to develop a viable healthcare tech solution.
Here’s how different technology trends can contribute to digital transformation in the healthcare industry
- Telemedicine
- Big Data
- Internet of Things
- Virtual Reality
- Artificial Intelligence
- Alexa