Health IT Spending to Cross $34.5 Billion in 2014

The current regulatory trends are driving the North American healthcare IT industry to cross USD 34.5 billion in 2014, a new study by Technology Business Research Inc (TBR) suggests. The growth in industry is expected to open up many opportunities for new vendors.

TBR reported that the money will be strewn across industry applications, business applications, productivity applications, business intelligence and analytics, database and technology, and systems management. The report also stated that vendors who are currently holding a good position have high chances of securing their dominance over the market.

Health IT Spending in 2014

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Addressing Healthcare Issues via Various Categories of mHealth

Mobile Health (or mHealth) though being a part of healthcare is such a broad area in itself. Not only does it include almost every aspect of healthcare but it also has no restrictions in terms of geography, culture, or economy. The mHealth sector is steadily building capabilities to address today’s healthcare challenges. Let’s take a look at the 3 different communities of mHealth and their unique assets: Continue reading

Remote Care: How it Benefits All 3 Groups of Healthcare Industry

https://i1.wp.com/www.medicaltourismmag.com/upload/articles/the-role-of-telehealth-in-medical-tourism-main.jpgTechnological advancements have brought a lot of changes in the healthcare continuum. The steady stream of new devices, especially in the mHealth segment has led us to believe that technology will bring us everything we’ll need to enhance healthcare. The bigger picture is a bit more complicated than that.

To understand and identify existing gaps in the industry and to figure out ways to fill those gaps and the services and solutions delivery methodologies is the primary objective that drives any market. And the healthcare industry is no different. Despite countless new ways emerging in the healthcare system there is always a need to lock down on key underlying loopholes and to fill those voids. Continue reading

Why it’s Crucial for Healthcare Providers to Invest in mHealth

https://125.63.66.123:8082/wordpress/wp-content/uploads/2013/06/home_013.pngA recent HIMSS Analytics shows that 80 percent of physicians are already extending care and benefits to patients via mobile technology. Also, the Employee Benefit Research Institute reports that more than 25 percent of commercially insured patients use mobile apps to manage their health. One of the major reasons behind adoption of mHealth is the smartphone and mobile device penetration and the millions of wearable health devices shipped in 2012. Continue reading

Physicians Embrace Smartphones and Tablets, Become Digital Omnivores

Digital omnivores, a term now being largely used to describe people who are using smartphones, tablets and laptops seems to be fitting perfectly to describe health providers as well. Physicians across all specialties and clinical roles are embracing several devices in the consult room and beyond.

Healthcare Digital Omnivore PhysiciansEpocrates conducted a survey recently showing that mHealth and physician engagement with multiple devices is on the rise. According to the survey, 90% of the 1,063 healthcare professionals who were surveyed in the 2013 Mobile Trends Report reported that they use a smartphone daily, and nearly as many reporting tablet use on a regular basis.

The report stated, “Today’s digital omnivores express a preference for mobile screens across all professional tasks – an important behavioral shift that has potential to dramatically shape the way developers, content providers and marketers engage with clinicians as the three-screen workflow becomes the norm.” Continue reading

mHealth or Mobile Healthcare is the Future (Cool Infographic)

A new infographic highlights the various provision associated with use of mobile technology in healthcare. The infographic stresses that if mHealth is the future, the future is now.

The infographic focuses on the various aspects of mHealth industry such as mHealth apps, mHealth user statistics, user behavior etc. In addition, it also clearly covers the simplest mHealth topics such as mHealth definition, its implications etc.

The infographic also provides plenty of facts and figures about mHealth, such as total mobile health market revenue will reach US$26bn by 2017, and by that same year, half of smartphone owners will have downloaded mobile health apps. Continue reading

Building Patient Compliance through mHealth

A recent whitepaper clearly highlights the connection between enhancing patient compliance with doctors through mHealth

The mHealth industry has seen significant growth in the past couple of years. Thanks to a booming Smartphone and mobile device market, mHealth continues to grow at a rapid pace. Amongst other developments in mHealth, remotely monitoring patient compliance with doctors’ https://i0.wp.com/www.ce.org/CorporateSite/media/blog/images/2013/02/Doctor_Patient.jpgorders has emerged as a significant focus area.

A recent report by Mobiquity stated, “Mobile technology has become a cost-effective and scalable driver of behaviour change in healthcare and other industries.” It goes on to note, “Sensors, mobile alerts and reminders, and cloud-based analytics can be utilized to track when and how often medications are taken and let patients know when they have missed a dosage.” The study note is reported to have estimated the US of $290 billion annually on healthcare costs when patients fail to take their prescribed medications. Continue reading

Healthcare IT Outsourcing Demands Are On The Rise

With rapid increase in the overall healthcare industry, the healthcare IT outsourcing segment is also witnessing continued growth and is forecasted to grow at a compound annual growth rate of 7.6 percent, to reach $50.4 billion by 2018 from $35 billion in 2013. The results were published through a new market research conducted by RnR.https://i1.wp.com/triplehelixblog.com/wp-content/uploads/2011/09/medical-tourism-1.jpeg

The main segments driving the healthcare IT outsourcing market are health insurance, healthcare systems, and pharmaceuticals. According to the report, the outsourcing market model is enabling these segments to focus on core business, reduce operational and maintenance costs, increase access to IT skilled and quickly implement new technologies and train staff. Continue reading

EHRs changing the way doctors deliver care

Although it would not be completely correct to say that technology advancement in healthcare has been rapid and up-to-date, it would not be wrong to say that healthcare technology is changing the world we live in and healthcare as we know it. Electronic Health Records (EHRs) have been helping thousands of doctors storing and keeping track of millions of patients across the world. With Meaningful Use approaching latter stages and further reformation of healthcare laws, technology is transforming patient care delivery throughout the nation.

https://i2.wp.com/www.practicefusion.com/ehrbloggers/wp-content/uploads/2011/09/iStock_000010227504XSmall.jpgEHRs not only store patient data digitally but also help in cracking down cases where a patient might have been using or has been supplied unsafe drugs or medical devices. In a highly evolved and interoperable EHR adoption environment, EHR prescriptions could go as far as detecting bioterrorism on food systems and even water supplies.

But health is not the only way how EHRs are helping healthcare providers and patients. Another systemic solution provided by EHRs is that their interoperability enables healthcare delivery and its provision, owing to the unprecedented advantages it gives to all stakeholders involved in any healthcare transaction. EHRs are capable of sending information to any other interoperable system instantly, enabling doctors to take better, faster decisions at point of care. EHRs carry all critical information related to a patient’s health history. That’s why having instant access to such information; doctors are in a position to deliver better care and are in a position to make error-free decisions. Continue reading