The healthcare industry is constantly striving to improve efficiency and enhance patient care. Hospital workflows play a crucial role in achieving these goals, but they often suffer from manual processes, disjointed systems, and data silos. To address these challenges, more and more hospitals are turning to low-code automation and integration software. Continue reading to explore the benefits and potential applications of such software in optimizing hospital workflows.
Low-code is defined as a visual approach to software and application development that enables citizen developers with little to no traditional coding experience to build powerful solutions using drag-and-drop features, graphical user interfaces and visual modeling. As digital technology continues to advance, low-code technology is becoming increasingly essential for all modern, data-driven organizations across various industries.
Businesses can leverage low-code tools to build effective enterprise applications and workflows without having to spend large amounts of time undergoing complex, repetitive and time-consuming manual coding processes. Recent studies have shown that the global low-code development platform industry is forecasted to reach a market value of approximately $187 billion with a Compound Annual Growth Rate (CAGR) of 31.1% by the year 2030. Therefore, more and more companies are now choosing low-code development platforms to help refine existing business processes and improve operations as a whole.
In recent years, healthcare industries have been forced to evolve and upgrade their services more than ever before. However, this can be extremely difficult as business processes continue to become more complex and organizational resources become more scarce. Therefore, instead of relying on outdated systems that may not be compatible with emerging technology, healthcare organizations can leverage the power of low-code development to significantly improve their services. Incorporating low-code technology into developing health-tech applications and solutions can help make business processes more cost-effective, efficient and profitable.
Healthcare consultation is defined as the process of providing advice and guidance to healthcare organizations. Healthcare consultation can help organizations identify and address certain difficulties or issues within their industry.
Healthcare consulting can significantly improve organizational efficiency, productivity, and overall management in the long run by helping to facilitate more informed decision-making.
Recent studies have shown that the healthcare consulting industry is expected to reach a market value of approximately $20 billion by 2025, with a Compound Annual Growth Rate of 6.71%. Therefore, adopting certain healthcare consulting services and solutions can prove to be extremely beneficial for your organization’s overall productivity.
Studies show that 81% of consumers are unhappy with their healthcare experience. However, the use of the software during the healthcare provision process can help significantly increase patient satisfaction. As the amount of data that hospitals are expected to collect and analyze increases exponentially, hospital management software is becoming a more and more viable solution to keep track of medical information. Hospital management software can streamline and develop the overall healthcare process, resulting in increased patient satisfaction.
Furthermore, hospital management software can help hospitals manage healthcare-related information and administrative data to make the overall healthcare provision process more efficient and productive. The global hospital management software industry is expected to reach a market value of $48.35 billion by the year 2027, with a compound annual growth rate (CAGR) of 12.65%.
Digitization – the gleaming word appears to be a brilliant opportunity for most people, given the current circumstances. However, there’s a number of people who look upon it as an intimidating challenge to cope up with. Over the past few years, we’ve witnessed ground-breaking developments in the technology sector. Undoubtedly, they have had a strong impact on the cut-throat competition existing in the various business verticals. Be in healthcare or finance, businesses across the globe are acutely aware of the dire need of adopting digital transformation in today’s times. But things are not so black and white. Let’s understand this through an executive’s perspective. Read more
Amongst all the other industries that are being transformed by technology, the healthcare industry is undergoing the most prominent reform. The healthcare landscape is changing in front of our eyes. Hospital records are being replaced by computer databases; doctors and surgeons are being replaced by robots. With every new day bringing a new challenge, the healthcare technological advancements seem to be all set to fend each obstacle off. Let’s have a look at the information and communication technologies involved in creating smart healthcare solutions. Read more
The year 2020 has witnessed that the healthcare vertical is not immune to uncertainties posed by several factors. Thereby, proper and effective management is essential for all healthcare stakeholders. Hospitals are the backbone of the healthcare industry. They are occupied with a large volume of data that needs to be stored readily and kept secure. Often, it appears that some of the necessary data and medical reports are dispersed or are not available in times of emergency. This further creates havoc in the decision-making process and in some cases, can prove fatal too. For a sector rising at a CAGR of 5%, there is a requirement of advanced software with productive tools that will look after the efficient management of hospitals and other health institutions associated. Read more
When we talk about the future, we not only anticipate a huge change in the way patients are to experience healthcare but also in the way the doctors deliver care. The fact that we come across terms like telemedicine or big data in healthcare today is enough to justify the role technology would have to play in the future of the IT healthcare industry.
With the deteriorating lifestyles and the growing health concerns of human beings, it is evident that technology is the most powerful driver of change and innovation in the healthcare sector. A McKinsey report on the overview of the healthcare industry suggests the creation of more than $350 billion by 2025. Let’s find out how technology is all set to switch the healthcare landscape. Read more
Typically, customer service is a vital metric to be considered while establishing a sustainable brand presence in any industry. About 32% of loyal customers might abandon your brand after one bad experience. But this figure becomes even more volatile when it comes to the healthcare industry. While considering patient care, there are various hospitality factors that add up to the overall customer experience. Thus, healthcare professionals need to focus on strong customer relationship management to bolster their business and highlight their brand. Read more
Rising at a CAGR of 5 % from 2019-23, the healthcare industry is certainly one of the most rapidly evolving sectors in the economy. Owing to the various drivers like the aging population, infrastructure investments, eruption of chronic diseases, etc., the demand, as well as supply of the healthcare sector, continues to grow. Over time, with digital disruption, the focus is shifting towards the IT healthcare industry. All these forces combine to give rise to the role of cloud computing in the healthcare industry. Read more