Healthcare Information Technology Trends
In this Discussion, you will reflect on your healthcare organization’s use of technology and offer a technology trend you observe in your environment.
- Reflect on the Resources related to digital information tools and technologies.
- Consider your healthcare organization’s use of healthcare technologies to manage and distribute information.
- Reflect on current and potential future trends, such as use of social media and mobile applications/telehealth, Internet of Things (IoT)-enabled asset tracking, or expert systems/artificial intelligence, and how they may impact nursing practice and healthcare delivery.
Post a brief description of general healthcare technology trends, particularly related to data/information you have observed in use in your healthcare organization or nursing practice. Describe any potential challenges or risks that may be inherent in the technologies associated with these trends you described. Then, describe at least one potential benefit and one potential risk associated with data safety, legislation, and patient care for the technologies you described. Next, explain which healthcare technology trends you believe are most promising for impacting healthcare technology in nursing practice and explain why. Describe whether this promise will contribute to improvements in patient care outcomes, efficiencies, or data management. Be specific and provide examples.
Since the start of the COVID-19 pandemic, the healthcare industry has seen the biggest transformation in the entire market, undergoing numerous changes and adapting to new conditions. Key healthcare future trends have emerged surrounding the use of the healthcare tech industry that will continue to shape its future
Around 80% of health systems plan to increase their investment levels in digital healthcare over the next five years, according to the HIMSS report. The intention is clear, but which technologies are worth paying for? This overview of healthcare technology trends in 2022 will provide the answer to this question.
According to the Rock Health healthcare market analysis, 2021 brought in a total of $21.3 billion in venture funding across 541 deals, breaking the previous record of $14.6 billion set in 2020. According to the recent Deloitte report, there’s a growing demand in accessible and secure care, remote monitoring, and interoperability between healthcare institutions.
Verified Market Research states that the global healthcare market will reach $665.37 billion by 2028. Healthcare market analysis shows that US national healthcare expenditure reached $4.1 trillion in 2020, or $12,530 per person, and is estimated to reach $6.2 trillion by 2028, per the Centers for Medicare and Medicaid Services. Thus, healthcare professionals seek new technologies to satisfy the demand and provide the desired performance to their clients.
The recent Future of Healthcare Report from Healthcare Information and Management Systems Society (HIMSS) indicates more than a half of surveyed patients are willing to use Telehealth services. Among all, they highly appraise their quality and cost-effectiveness.
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As for the new trends in the healthcare industry that already address the customer needs on the market, experts appraise the Internet of Medical Things (IoMT), cybersecurity measures, remote patient monitoring (RPM), Fintech integration, Cloud migration, and Big Data analytics. These technologies have passed the pandemic test and proved their effectiveness in shaping the global digital health landscape.
As for other healthcare industry trends, Artificial Intelligence (AI) and Machine Learning (ML) technologies are strengthening their positions. Among all, they suit the needs of patients the most accurately. For healthcare organizations, they can facilitate management and strongly empower analytics and decision making.
Besides, robotic process automation (RPA) and cognitive automation (CA) are the most promising emerging technology in healthcare. Combining ML and AI with other technologies introduces next-level automation and augmentation of improved compliance, control, and capacity processes.
- Internet of Medical Things (IoMT)
- Cybersecurity and Data Privacy
- Remote Patient Monitoring (RPM)
- Fintech Integration
- AI-empowered Big Data and Analytics
- Robotic Process Automation (RPA)
- Cognitive automation (CA)
- Interoperability and Connectivity
- Cloud migration
- Focus on mental health
According to Precedence Research, the global internet of medical things (IoMT) market reached $39.3 billion in 2020 and is expected to reach $172.4 billion by 2030.
Wearables and trackers are a huge part of healthcare information technology development. Their key benefit is providing real-time and detailed data on the patients’ health states, which is precious for doctors’ observation.
IoMT enables a significant shift in patient awareness. With trackers, people get access to real-time data on their daily behavior and can provide changes on the way. If the device includes certain gamification features, it can even encourage patients with the rewards and increase their motivation to lead a more healthy lifestyle. Because of this, the impact of technology is tremendous, enriching a rational need for sticking to healthy habits with pure fun.
In their turn, doctors can receive notifications and participate in patient’s treatment more actively than ever. The rich data set from this new technology in healthcare include sleep patterns, nutrition habits, the average activity level, and other parameters. With this information, healthcare practitioners can build more realistic coaching programs and track the treatment progress more accurately.
Chronic Conditions and Wearables
IoMT innovations reveal their best in the case of disorders that require significant lifestyle alterations. For example, they are smoking addiction, overanxious disorder, obesity — or Type 2 diabetes.
According to the latest data, about 422 million people worldwide have diabetes. Unfortunately, Type 2 diabetes treatment was on the patient’s conscience for a long time, and doctors had no tools but to trust their words and promises. Since success heavily depends on lifestyle changes, healthcare providers had no instruments to control the progress.
The inclusion of wearables has fixed this problem, inviting doctors to cooperate with their patients on building healthier lifestyles. It contributes to establishing Patient First Approach, or the framework for educating patients about their treatment stages and milestones. The global personalized medicine market size was valued at $493.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028
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