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Faster technology transformation in healthcare is key to improving cashflow and enhance patient experience

  • Medical practices can implement technology solutions to reduce costs, improve cashflow and optimize the overall healthcare experience.
  • Digital transformation is lagging in healthcare, especially Artificial Intelligence due to multiple barriers.
  • Consider which areas technology is lagging in your practice and how you can streamline your processes by getting in on digital transformation efforts.

Adopting technology, especially in the post-pandemic landscape, is essential in every industry. Healthcare is not an exception. Providers and staff need to embrace new and adjust actual strategies to incorporate digital strategies in their businesses. This can help them keep up with the pressing needs of hospitals and health systems.

With this in mind, medical practices can implement technology solutions to:

  • Improve cashflow.
  • Reduce costs.
  • Combat the workforce shortage.
  • Enhance the patient experience.
  • Optimize your overall practice.

Telehealth and non-face-to-face visits, blockchain electronic health records (EHRs), artificial intelligence (AI)-enabled medical devices, virtual reality and more are some examples of how technology is transforming the way healthcare professionals interact with patients, how providers handle data nowadays and how this data can drive decisions on each practice depending on their particular needs.

Read more about this and some strategies to choose a technology partner on our blog A Three-Point Checklist for choosing your Technology Solutions Partner – Health Prime (hpiinc.com)

Technology transformation in healthcare is lagging

Even if there are multiple benefits of adopting technology in the healthcare industry, there are still barriers to it, particularly regarding Artificial Intelligence. While there are many powerful use cases of AI in healthcare, challenges still remain. 

According to Brookings, some barriers to adoption of AI in healthcare are:

These barriers need to be eradicated to implement this technology in medical practices effectively. AI disruption in the healthcare industry is imminent. Successful integration of it means coordinating people, processes, and technology.

Read more on the article Why is AI adoption in health care lagging? (brookings.edu)

Another reason of lagging AI adoption and digital transformation overall is the adjustment in labor demand. Typically, as technology evolves, labor demand needs to adjust to include the skills required to implement such innovations.

To keep up with the ever-changing patient requirements and the evolving healthcare landscape, medical practices need to stay on top of their technology applications. While fears of innovation hold providers, patients and executives, its adoption becomes increasingly widespread. Consider which areas technology is lagging in your practice and how you can streamline your processes by getting on digital transformation efforts. Overcome these barriers and set your practice up for success.

Stay tuned for this and more industry news through our March 2022 newsletter. Subscribe to our monthly newsletter and our Health Prime Blog for ongoing leading industry medical practice articles and policy updates.

Resources

Philips CEO: Healthcare needs to adopt digital tech faster (beckershospitalreview.com)

Why is AI adoption in health care lagging? (brookings.edu)

4 Barriers to Adopting Artificial Intelligence in Healthcare and How to Overcome Them – Healthcare Weekly

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