July 2, 2020

Digital Healthcare: The Long-Awaited Revolution

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Тhe impact of the COVID-19 pandemic on all business sectors around the globe has been indisputable. However, for the healthcare sector, the disruption resembled something of a stress test – of every possible system and solution that would have made many moments easier along the way. Digital health is suddenly more than fast-tracked: it echoes a trend that had already started a few years earlier, addressing critical issues and adequately answering them with technology. In the last few months, however, it has become clear: digital healthcare has to be embraced for the sector to catch-up and stay relevant – and helpful – in the most trying of times. 

As one of the leaders in software development and technology innovation, Scalefocus will take you through the insights and context of why companies need to develop new ways of providing the best care, and why effective digital tools are the way to do that without a glitch. And to learn how we can get faster to the new era of digital health and how to plan for the challenges that can impede innovation initiatives – register for the Scalefocus webinar Get Ahead With Digital Health on the 9th of July. 

Investments & Consumer-Centric Innovation 

 Even before the pandemic, at the beginning of 2020, it was clear the digital healthcare world was expanding. Institutions, big pharma, insurance companies, and leading players in the industry poured money into investments with the ultimate goal of providing efficiency while at the same time reducing costs of care.  

The prospect of digital healthcare going the distance with more wide-spread and full-circle tech solutions was strongly backed with funding. According to a report by Rock Health, the first quarter of this year showed an unprecedented $3.1 billion in investments in digital solutions for healthcare. Just a few weeks ago, the European Commission confirmed the results of the 2020 Digital Economy and Society Index (DESI), which indicates the need for acceleration and investment in digitizing the healthcare sector. The report also states that in the recovery plan after the pandemic, digital solutions have to be deployed in a full circle to make sectors like healthcare more resilient and unyielding.

At the international CES Digital Health Summit on the 7th of January this year, Geoffrey Starr, a neurologist and a consultant with businesses in technology-focused industries, said that ⅓ of US healthcare investment is now in digital health technology.

He also added that the market for digital health tools had grown exponentially. 

What also drives the demand for innovation in the sector, of course, are the people. At this point, we simply need to look at healthcare as a consumer-centric business (and the patients as consumers/providers) and they are probably the biggest driver for this digital reform.

The need for a new experience for the users when it comes to taking care of their health is clear. It includes

  • checking their condition easy and fast
  • connecting to their doctor in a matter of moments for a digital check-up
  • a full-round connection to every aspect of the cycle
  • feeling taken care of with the help of a device or technology that shifts the whole experience to a new level. 

 

Digital Technology In Healthcare Takes Center Stage 

 

Digitizing the healthcare sector has two main drivers. The first one is empowering patients and doctors alike with options for better decision-making, systematized information and personalized insights, and progressively good optimization of systems for diagnosis and treatment plans. Second is reducing costs and driving efficiency in earnings with the help of digital tools. Here are some of the hot trends in digihealth right now.
 

Data-driven diagnostics – This could prove to be one of the most critical advancements in the world’s current situation. With the COVID-19 putting a halt on the most common patient-doctor interactions for a while, the effective ways for data collection can help patients and doctors formulate a diagnosis and plan treatment remotely. With platforms able to analyze and make a prognosis with patient’s data, enable fast connection to a doctor and create alerts or guidelines for the next steps, everyone will have quick access to help whenever they need it. 

Blockchain technology – It is essential for one simple reason: interoperability. With blockchain, health information can be connected and not stay fragmented. This way, doctors get immediate and better insights, patients get involved in a full-rounded ecosystem, and less friction occurs.

А blockchain network, which serves as a united hub for medical records, for example, can improve and support better outcomes for patients in the long run and better the value of care overall.

Blockchain gives the roadmap for having all the patients need for their digital healthcare at the tip of their fingers. It enables collaboration and creates a way for coordination and usage of data proactively for bettering the healthcare of the population, no matter how big or small. 

Cloud technology – Something that healthcare corporations can really distinguish themselves with from the others is a cloud-first strategy. Adoption of cloud leads to a faster launch of portals, new features, secure and faster experience, and use features like

  • identity management
  • building systems for comparison between different options
  • plans in healthcare
  • scaling up the finding of information. The innovation and agility in cloud technologies in healthcare can make a difference in sharing data within healthcare organizations, partner organizations, worker experience in the sector, and genuinely transformative patient experience. 

Scalefocus Makes It All Possible 

With the all-new emerging technologies taking a front seat and the need for full-round digital experience in healthcare, the responsibility always lies with the right technological partner. As usual, we make a difference by treating each step ahead with a strive for excellence and keeping up with technological innovations needed for that next stage.  

If you like to read more about what we’ve done so far to grow and deliver best solutions that make a difference, go HERE. 

Моre insights you can get, as we already said, with Get Ahead With Digital Health – the webinar where our specialists Aleks Bozhinov and Svetlin Panov will focus on the complex healthcare ecosystem and the ways to digitize health in a much-needed revolution. 

The two will be joined by the special guest speaker Charles Lowe, Managing Director of the Digital Health & Care Alliance (DHACA), who will give a truly unique perspective on the topic.  

Click here to register for free.