How Wearable Technology is Benefitting the Healthcare Industry

Wearable Technology
                Wearable Technology

The healthcare industry has been tremendously impacted by wearable technology over the past decade. The sensor-based devices are bringing remarkable advancements in diagnosis, prognosis and treatment, in addition to making people more and more health-conscious. A huge number of people have embraced the wearable technology and prefer to monitor their health parameters constantly through the devices. Some of the devices can also be used to send data to the doctors, who can monitor their patients’ health and decide the course of action in a timely manner. The devices can significantly speed up the entire process of diagnosis and treatment by automating a number of processes. Wearable devices can be used to track heart rate, physical activity, sleep, etc and can also guide the users on achieving a healthier lifestyle. Paired with a website or smartphone, these devices store and transmit health data. Statistics suggest that the wearable technology market is expected to reach $150 billion by 2027.

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5 New Technologies Bringing Innovation to the Healthcare Industry

Healthcare Industry
                        Healthcare Industry

Like many other industries, healthcare is also embracing a number of new technologies and, consequently, some substantial transformations as well. Patient experiences and healthcare deliveries have experienced huge improvements. Digitization is transforming the healthcare industry in significant ways helping it to excel in every aspect and provide patients a safe and healthy life. Not only the healthcare organizations are now better equipped to take care of the patients,the patients also have become more involved and conscious about managing and monitoring their own health, as well as engaging with their healthcare providers. With the explosion of healthcare information technology, a number of devices have made their way into the market opening up endless opportunities for the consumers as well as healthcare professionals. Let’s have a look at the technologies that are, lately, transforming the healthcare industry.

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Applications of Internet of Things in Healthcare Industry

Internet of Things
                          Internet of Things

The Internet of Things (IoT) promises to bring revolutionary changes to a number of industries, including healthcare industry. The technology has already impacted the industry in significant ways and experts are working to turn more possibilities into reality. So far Internet of Things has mainly assisted in improving care with telemonitoring and remote monitoring applications. Additionally, some initiatives have also been taken in the field of tracking and maintenance of healthcare assets. However, this could be considered just the beginning and to make the use of IoT omnipresent in the healthcare industry more efforts are required. Researchers are working on more advanced approaches to use IoT for digital transformation of healthcare. Take a look at how IoT can make significant impacts on the healthcare industry:

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Opioid Crisis in the Healthcare Industry – Strategies to Make a Positive Impact

Opioid Crisis
                                Opioid Crisis

The healthcare industry of the United States is facing a major issue – the opioid crisis. Opioid abuse is now a growing public health concern that is resulting in many opioid related deaths. Over the past decade, hospitals have also noted a prominent rise in the opioid-related visits. The epidemic is evident across multiple delivery points and the industry is still struggling to find an effective solution. The current scenario calls for quick implementation of the right strategies in association with improved health plans. Studies suggest that Pharmacy Benefit Managers (PBMs) and latest health plans are increasingly attempting to leverage data driven and evidence based approaches to change the behavioral patterns of patients. The healthcare industry is also counting on advancing technologies for support to control the opioid epidemic. Curbing opioid crisis needs a collaborated effort of all the sections of the healthcare industry including the government and various communities. However, healthcare leaders are also thinking of ways to address the issue in their respective organizations for immediate effect.

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