February 4, 2023
Transforming the Healthcare Domain with Remote Patient Monitoring
Digital transformation is revolutionizing the healthcare industry. Implementation of various emerging technologies within the healthcare institution can significantly improve patient care, enhance workforce experience and permit quicker and better diagnosis. The onset of the pandemic further accelerated this transformation with almost every industry being forced to automate their processes to maintain market relevance.
Several digital transformation initiatives are increasingly being implemented to attain better insights into this booming industry. Translating these copious amounts of data into valuable information has enabled the healthcare industry to take a more patient-centric approach toward delivering better healthcare and customer experience. One such initiative is the adoption of data-driven patient management solutions, that are meant to serve the healthcare provider like specialty pharmacies and pharmacos, and the patient as well. These solutions have been designed and developed to help leverage the extensive amounts of data collected to improve healthcare outcomes and make the digital transformation transition easier.
While clinical diagnosis assists in deducing these outcomes, the social determinants of health (SDOH) majorly affect the health and quality-of-life outcomes. A comprehensive view of this consolidated data helps aid healthcare providers in delivering better healthcare results. To achieve this success, the caregiver needs to implement the right solution. This solution should be equipped with the ability to govern and connect relevant data in real time, optimize its usability, and swiftly act on the predicted insights. In conjunction with this, the power of various advancing technologies like AI, ML, and IoT in this domain can be harnessed to attain additional insights. These insights can be utilized as a recommendation on the next best course of action for the patient.
With the right solution in place that meets the caregiver and patient’s requirements, irregular patient contact, lack of visibility, information storage across disparate siloed systems, and high-cost disease management gradually comes to a halt. The caregiver can now seamlessly manage treatment plans, upgrade their workflows and processes, reduce medication wastage, conduct effective and consistent patient interactions, minimize acute episodes, and so on.
Individuals and organizations within the pharmaceutical sector are also increasingly recognizing the benefits that remote patient monitoring devices have to offer. In fact, research conducted by Reports and Insights predicts that the remote patient monitoring market is predicted to reach 93.8 billion dollars by 2030.
This lucrative market will continue to expand while the healthcare industry continues to evolve. And it is only smart to hop onto the digital bandwagon for healthcare providers to maintain relevancy and for patients to avail a hassle-free experience. Previously, manual processes were in place which only enabled the patient to verbally or physically transmit the required information to the caregiver. The clinical team would then have to review all of the information provided. They would then assist the provider team with dose titrations and help meet patient goals while simultaneously monitoring for any side effects. While this is a tried and tested method, it can be time-consuming with the possibility of the data gathered being unreliable. It’s no surprise that healthcare providers and patients are going digital.
However, choosing the solution provider for the organization and workforce to work with can prove to be an arduous task. A team with industry-rich experience, secure yet easy-to-use solutions, higher ROI, and post-implementation support are some of the key factors to consider when selecting a solution provider to work with. The team will commence by first trying to identify any pain points the customer might be facing. The solution can then be put in place to address these challenges and achieve high levels of customer satisfaction while transforming the healthcare sector. Alternatively, patients expect their personal information to be stored efficiently and securely. They also need the application to have a seamless UX and meet their set health goals. If you find a solution that meets and exceeds your requirements, it is time to get on board with the solution.