It’s been well over a decade since the term “digital transformation” became the go-to buzzword in our corporate lexicon. Everyone from Domino’s to Home Depot to Carnival Corp. began investing in the technology that was going to streamline their business, better connect them with their customer, and ultimately propel them to the next level of success.
In the time since most industries have experienced some significant level of shift based on technology. Healthcare, however, which has always been slower to change compared to most industries, is still really just beginning the transformation that has been driving the business world.
According to a recent report by Accenture, the digital transformation for healthcare is still in its early stages. The company’s Accenture Digital Health Technology Vision 2021 report found that 81% of healthcare executives say the pace of digital transformation for their organization is just now accelerating, while 93% report that they are innovating with a sense of urgency and call to action this year.
According to Ralph Thurman, some of the ways technology is slated to impact the industry the most are:
1. Telemedicine: In many ways, telemedicine may seem basic. But, 2020 proved that out of all technologies it may just be the most important that the healthcare world can invest in. While some studies have found that patients were just as satisfied with telemedicine as in-person visits, the technology still needs work. At the same time, there is a large portion of the population who do not have access to telemedicine because of poor infrastructure and lack of technology.
2. Wearables: The promise of wearables — electronic devices, such as smartwatches, that consumers can wear to collect their health data and send it to a doctor or healthcare professional in real-time — has been around for a while. But again, the COVID-19 pandemic has increased the urgency for such tools.
3. Artificial intelligence (AI): There are several important benefits that AI can bring to the healthcare industry. According to a major report by PwC, AI is already being used to detect diseases, such as cancer. It can also bring major benefits when it comes to making another important medical diagnosis. IBM’s AI technology, Watson for Health, can apply cognitive technology to unlock vast amounts of health data and review that information to provide a diagnosis faster than any human can imagine. At the same time, AI can use pattern recognition to identify patients at risk of developing a condition. And once a patient has been diagnosed, AI can help physicians and other care providers identify the best course of treatment. This ability is especially crucial for long-term care and chronically ill patients. Finally, AI is being utilized by many healthcare companies to streamline and improve how we are training many of our healthcare workers.
Technology has the potential to shape how the healthcare industry provides some of the most important care a patient can receive. Understanding and investing in this potential is one of the most important roles healthcare leaders can undertake in the years to come.
Daniel Bailey is a known content writer from California, USA. He writes content in different niches such as social media marketing, finance, business, etc. He’s a day time blogger and night time reader currently working for some blogs. He enjoys pie, as should all right-thinking people.