Insights

According to Advanced Data Systems Corporation, there are 6 healthcare tech trends on the rise for 2023.

1. Telehealth, AKA Telemedicine

Due to the global coronavirus, telehealth usage surged to reduce canceled appointments. This trend will continue to rise next year, with some reports predicting that the costs of medical services involving healthcare could rise by 2023, from $29B (2020) to $106B.

 

2. Cloud Computing for Outsourced Billing

Also due to the pandemic, there has been an increase in staff shortages as healthcare professionals retire or move elsewhere. It has hit hard in states like California and New York, where the labor force in healthcare may plummet by as many as 500,000 professionals by 2026. This is predicted to cause the global medical billing outsourcing to increase; those who can’t hire internally will have to outsource to a 3rd party.

 

3. Monitoring Patients from Remote

 

One important area in technology to keep top of mind is the ability to monitor your patients remotely. The healthcare industry is rapidly evolving and digital health solutions are certain to improve patient outcomes in the future. The ability to monitor patients remotely is something to lookout for. It might be easier to monitor a heart monitor in an in-home study, rather than having them stay in the hospital for several days.

 

4. Factoring in Costs for Technology and Security

Healthcare security is particularly important, so companies will need to need to adjust budgets to account for increased security demands, like firewalls and anti-malware applications. Companies may also need to partner with security consultants to protect their networks and maintain patient privacy.

 

5. The Role of Artificial Intelligence in Healthcare

In healthcare, companies have been relying on AI to speed up medical billing and revenue collection. Artificial intelligence can quickly examine large amounts of unstructured patient data and make relevant connections for healthcare organizations. AI can also automate administrative tasks such as preauthorizing insurance or keeping records in order. It also analyzes data from patient devices.

 

6. Improved Patient Engagement With Online Services Like Portals

Patients are becoming accustomed to using smartphones, laptops, and tablets to interact with companies, their job, school, and healthcare providers. People are taking advantage of patient portals connected to their doctor’s EHR system. This sort of software allows patients to request an appointment or a prescription reauthorization right in the providers system, rather than leave a message or wait on the phone for a representative.

Healthcare tech trends are always evolving – if you want to stay up to date, connect us today.