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Forbes Healthcare Summit
2014-12-03    
All Day
Forbes Healthcare Summit: Smart Data Transforming Lives How big will the data get? This year we may collect more data about the human body than [...]
Customer Analytics & Engagement in Health Insurance
2014-12-04 - 2014-12-05    
All Day
Using Data Analytics, Product Experience & Innovation to Build a Profitable Customer-Centric Strategy Takeaway business ROI: Drive business value with customer analytics: learn what every business [...]
mHealth Summit
DECEMBER 7-11, 2014 The mHealth Summit, the largest event of its kind, convenes a diverse international delegation to explore the limits of mobile and connected [...]
The 26th Annual IHI National Forum
Overview ​2014 marks the 26th anniversary of an event that has shaped the course of health care quality in profound, enduring ways — the Annual [...]
Why A Risk Assessment is NOT Enough
2014-12-09    
2:00 pm - 3:30 pm
A common misconception is that  “A risk assessment makes me HIPAA compliant” Sadly this thought can cost your practice more than taking no action at [...]
iHT2 Health IT Summit
2014-12-10 - 2014-12-11    
All Day
Each year, the Institute hosts a series of events & programs which promote improvements in the quality, safety, and efficiency of health care through information technology [...]
Design a premium health insurance plan that engages customers, retains subscribers and understands behaviors
2014-12-16    
11:30 am - 12:30 pm
Wed, Dec 17, 2014 1:00 AM - 2:00 AM IST Join our webinar with John Mills - UPMC, Tim Gilchrist - Columbia University HITLAP, and [...]
Events on 2014-12-03
Forbes Healthcare Summit
3 Dec 14
New York City
Events on 2014-12-04
Events on 2014-12-07
mHealth Summit
7 Dec 14
Washington
Events on 2014-12-09
Events on 2014-12-10
iHT2 Health IT Summit
10 Dec 14
Houston
Articles

How the Medical Industry Is Evolving

traveling nurse

How the Medical Industry Is Evolving

The medical industry is, no doubt, one of the most essential to modern civilization. The average human lifespan is far higher as a result of scientific and technological advancements, and many diseases that were once devastating are more or less non-issues, for example. However, medical professionals and facilities have their work cut out for them. Luckily, further scientific advancements and policy changes over time have laid the groundwork for a more efficient and effective medical industry. Here’s what you need to know about managing the hospital of the future.

Finances

A universal rule for any and all businesses, hospitals need to make a profit. Likewise, they also have business expenses. In order to keep your medical facility afloat, you’ll need to take a page from Suzanne Clark and treat it like a business. Only by being profitable can your hospital receive a wealth of much needed upgrades to equipment and supplies. Managing your finances is also a crucial aspect of running a hospital, because failing to make ends meet means doing without the medicine crucial supplies any medical facility needs. Luckily, you can improve your capacity to manage your finances using technology that, in turn, can help to optimize even more.

IoT Technology

The internet of things is more than a simple buzzword. It describes a design philosophy that is more than the sum of its parts, and it allows users to create collections of items that are also more than meets the eye. Simply put, IoT devices provide users with more functionality by implementing wi-fi, but the same methodology has been used to create apps that interact with these devices, and with each other, to create smart offices. A smart office setup can be used for many things, but one of the most powerful in a medical setting is to automate the data collection process. For example, smart medical equipment can automatically send updates to a central database instead of depending on doctors with clipboards to manually check the stats in person. Likewise, that information can be pooled with other important information about a given patient, such as their personal information, medical history, insurance documentation, and more. This can expedite the process of diagnosing a patient, as well as monitoring the progress once treatment begins.

Telehealth

Another important way that technology is revolutionizing medicine is the implementation of telehealth solutions. As the name implies, telehealth refers to healthcare services performed remotely. While this might not sound useful, it can be used to great effect to minimize the amount of time and resources that are spent on patients with no urgent need for medical care. For example, regular checkups and minor updates regarding a patient’s condition are often able to be cleared up fairly quickly as it stands, and this kind of tech can be used to all but eliminate the time cost of seeing patients with routine or minor needs. This can also be deployed for things like therapy and psychiatry that typically involve little more than a conversation to begin with.

Medical Tablet PCs

Another innovation that fits right into the increasingly technological medical industry is that of tablet PCs. This can further optimize the efficiency of data collection, because instead of handwritten notes on a clipboard, doctors and nurses can take digital notes that slot nicely into the aforementioned data management system. This will also help to keep data more accurate, because misspellings can be autocorrected, and a clean, uniform typeface will keep other professionals on staff from misreading notes and prescriptions. This will take some adjustment for seasoned medical professionals that have been using handwritten notes for decades, but the time it takes to adapt is more than worth it for better results and saved time.

The medical industry is integral to modern living, but it’s also subject to being outdated like any other industry. Technology is more than eager to provide solutions, however,y and these tips can revolutionize your facility with commercial viability and better treatment in mind.