12 Top Things to Know About Innovation in Healthcare

Thanks to innovation in healthcare, we are now living longer, keeping healthier, and saving more lives than ever before.

Innovation in healthcare is the greatest contributor to greater life expectancy over the last decade, in fact, the U.S. life expectancy has increased from 47 years in the 20th century to over 78 years today!

Healthcare innovation does more than saving lives and increasing our life spans, it also focuses on saving money in healthcare costs, increasing hospital productivity, and improving the level of patient care.

The problem is, as someone interested in Healthcare innovation, how do you stay on top of the latest trends and inventions? There are so many changes happening, that it is hard to stay on top of it all!

Thankfully, we did that research for you, keep on reading to learn about the most interesting improvements to innovation in healthcare, as well as what’s to come in the new year!

Let’s get started.

Patient Engagement Innovations

Through recent surveys performed within the hospital setting, it has come to the attention of healthcare providers that patients want to be more involved in their own care. This means that the technology must be able to improve communication and access for the patients.

The ultimate goal for this improvement in patient communication is to improve healthcare by reducing healthcare costs. This patient engagement technology will not only provide better communication between them and their provider, but it will also allow the healthcare provider to share medical information and education to the client.

The more educated the client is about their own health, the lower the costs will be over time.

Payer to Provider Connection Software

There is nothing more frustrating to both the patient and the provider than having the insurance company give the wrong matchup for care. The last thing a patient wants to deal with is complicated paperwork while they are under medical distress.

The focus of this new Software is to give the patient a more detailed description of each healthcare provider, covering information such as safety, location, reviews, expertise, and rankings in their area of expertise.

Gene Therapy For Inherited Diseases

This advancement alone is enough to display just how far we have come with innovation in healthcare!

Because parents will pass on their genetic coding to their children, it is also by default that they will also pass on specific diseases or disorders.

Scientists are currently working on treating the genes of the parents who have retinal diseases, which will prevent the child from inheriting it later on. This innovative advancement can now treat retinal diseases that are caused by biallelic RPE65 mutations.

5G Mobile Technology

Move over 4G, there is a bigger and faster network in town. The ultimate goal of 5G technology in the healthcare industry is to improve the efficiency and quality of care for the patients.

Patients who live in remote areas no longer have to leave their homes in order to be assessed by a doctor. The data will be processed faster, it can support more than 60k connections, the connectivity is consistent and uninterrupted, and the ability to gather all networks on one interface.

Big Data Analytics

Big data analytics will improve everything from staffing issues, patient care, labor costs, and better data management in the healthcare industry.

Better Patient Care

For example, if a hospital is understaffed, it will directly affect the level of patient care. On the contrary, if the hospital is overstaffed, it will affect the labor costs for the hospital.

The data analytics will calculate hourly predictions according to statistics and previous experiences. This data will also reduce waiting times for patients in emergency hospital settings.

Reducing Fraud

According to research, cybercriminals attack the healthcare industry by over 200% more than any other industry. In fact, over 100 million records were compromised last year due to cyber attacks.

Big data uses analytics to prevent threats by monitoring changes in network activity or discovering any recent cyber-attacks in the industry.

Digitization of Data and Records

One of the most convenient benefits of innovation in healthcare is the digitization of data and healthcare records. Gone are the days when Medical Office Assistants had to scan an entire wall of patient files to retrieve the current patient’s information. Also, in the case of a natural emergency or fire, those records could be compromised.

There is a constant need for accessing patient data, from analyzing diagnostic reports to recording patient history and current updates. Having everything on a digital platform provides a smoother and more efficient process.

Closed-Loop Insulin Delivery System

Patients who suffer from Type 1 Diabetes no longer have to constantly monitor their blood sugar levels and administer their own insulin. This new and innovative technology monitors blood sugar levels and will automatically administer a pump of insulin whenever needed.

This device will also record information and send it to the patient’s healthcare provider for adequate review.

Microsoft 365

Microsoft healthcare technology is an umbrella of cloud services that provides a more efficient and safer healthcare process. It includes programs such as Microsoft Windows 10, Enterprise Mobility Security, fingerprint recognition, and digital pen technology.

Non-Intrusive Insulin Monitoring

Those who suffer from Diabetes have basically a full-time job with monitoring their insulin levels and blood sugar regulation. With this new technology, they no longer need to constantly monitor and finger-prick every few hours.

This non-invasive monitoring system will enhance their metabolic control, glucose levels, and ensure they will not experience hypoglycemic episodes.

Internet of Medical Things

The Internet of Medical Things (IoMT) is a large collection of medical applications, files, and medical devices that connect all IT systems through computer networks.

IoMT assists with tracking patient data and current locations if they are in the hospital, it also helps with tracking their medication records, allows for better connection from rural and remote areas, and monitors patients who experience chronic symptoms.

Learn More About the Latest Innovation in Healthcare

Innovation in healthcare is constantly advancing almost daily. It is essential to keep up to date with the advancements in order to know what will best serve you in the event of a healthcare emergency.

If you found this article helpful, check out more like this within the healthcare technology section of our blog.

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