What You Need To know about the Future of Healthcare - Techindia

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Wearable Tech Gadgets that Prove Wearable Technology is Changing Healthcare

The rise in usage of wearable tech gadgets is proof of what healthcare should be prioritizing all along: complete, dedicated focus on an individual’s needs in terms of keeping his health in tip-top shape. You’re probably one of the many who have grown curious as to what benefits these devices bring to the table. Well, what’s certain is that they won’t currently be taking the healthcare industry by storm if they hadn’t.

From the hearing aids released in the 80s to the surge in innovation in wearable technology that started in the late 2000s (and which we are still experiencing now), it’s safe to say that this type of technology is ushering in an age of renaissance in healthcare that is unprecedented and would be nothing short of revolutionary. Want to gain a quick overview of how wearable technology is taking the healthcare systems of countries worldwide to the next level? Then you should really take the time to read the infographic we’ve prepared below.

It provides an apt summary of how wearables are impacting the said field, complemented by an outline of their various proven benefits, a list of the most popular devices that a lot of people patronize, and a sketch of its growth since its conception and eventual rise in popularity. What’s certain is that there’s a lot to look forward to in wearable tech as a primary agent of development in healthcare as a whole.

Wearable Tech Gadgets

happy new year 2019 – This is the first celebration or festival of the year. So, I hope all are preparing yourself for the big day. Have a great day and year ahead.

Tracking Key Hospital Revenue Cycle Metrics to Up Profitability

According to the Healthcare Financial Management Association (HFMA), revenue cycle refers to “all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.” Thus, a revenue cycle refers to the entire engagement of a patient with a hospital, starting from registration to the final payment of dues.

Revenue cycle management or RCM in healthcare utilizes billing software to manage different aspects of the revenue cycle such as patient records, claim management, payment and revenue generation. In short, RCM helps to keep track of the financial health of a healthcare institute. Apart from that, RCM also improves operational efficiency by integrating the healthcare data of patients with administrative details such as personal details of patients and information about their insurance providers.

In a nutshell, RCM allows hospitals to follow up on patient bills, and keep track of insurance claims to make sure payments are collected in a timely manner and denied claims are followed upon, saving a substantial amount of money for the hospital.

Reviewing Operational Data – It is possible to increase profits by measuring your RCM and determining the key performance indicators (KPI) for your business. Most hospitals have systems in place to capture several kinds of financial data. However, to boost profitability, hospitals must filter this data to zero down key performance indicators that can be tracked and measured against historical data to form the basis for operational improvement.

Three main KPIs that hospitals must develop to improve profitability are Accounts Receivable, Bad Debt and Claims.

Tracking Claims – Claim management KPIs to improve claim management can save hospitals a lot of time and money. Hospitals should aim for a high clean claim rate that indicates that a hospital is being paid faster without many errors. This can be achieved by capturing correct information at the outset to prevent silly mistakes. Thus, hospitals must ensure high efficiency in patient registration and appointment scheduling for improved claim management. The hospitals must also monitor their claim denial rate, using number of claims denied in a set period as a KPI. By investigating the reasons behind these denials, overall efficiency in claim management process can be affected.

Tracking Patient Access to Accounting Metrics – In order to improve denial rates, hospitals need to go back to the starting point to improve the process of capturing patient data and insurance data. To improve profitability, hospitals must develop patient access KPIs that would include pre-registration and insurance verification rates. By spending a few minutes extra during pre-registration, hospitals can save hours in verifying information and resubmitting claims later.

To develop patient access KPIs, hospitals may want to consider measuring rates for pre-registration and insurance verification. Insurance verification, a few days before the appointment, can help boost revenues in a big way as it allows the patients sufficient time to make self-payment arrangements in case the insurance cover is not valid. Thus, hospitals must try to maintain a high pre-registration rate and aim to verify insurance for most of the registered patients.

Point of service payments must also be looked into, as more patients than ever before are self-paying for their treatment. It is important to develop KPIs to measure point-of-service collection rates to ensure that the staff is collecting patient payments before they turn into bad debt.

Apart from ensuring that data is captured accurately at the pre-registration state, in order to improve RCM, management must set realistic revenue cycle goals on an annual basis, against which the performance of importance metrics can be measured. In addition to setting goals, the management must also have a bigger picture in mind it would like to achieve by meeting the set KPIs.

Mobile Technology and it’s Significance During Emergencies

Six minutes or less without oxygen and the brain will start to die. Therefore, there is no other deadline as tight as those that professionals in emergency medicine have to deal with on a daily basis. With the limited scope of emergency facilities across the globe, many communities have become increasingly dependent on medicine’s dynamic shift towards mobility.

Quick Diagnostics:

The use of mobile devices can allow for instant, real-time communication with a doctor, helping patients and their families distinguish between emergency and non-emergency cases in an instant.

Patients need not travel long distances to receive crucial tests. They can simply go to a nearby telediagnostic clinic, which can give them instant access to a much-needed MRI, CT Scan or Ultrasound.

This is crucial as, in emergency situations, one’s survival often relies upon how fast the medical team zeroes in on the problem distinguishing between an ischemic stroke and a hemorrhagic stroke, for instance, can be the single factor that saves a person’s life.

Internet-linked diagnostic tools can be linked to analytic software, which can distinguish deviations from normal in the blink of an eye. What’s more, in cases where automated analysis is not possible, a specialist can immediately begin work on the diagnosis. The patient need not wait for the specialist to wake up in the middle of the night and drive to the hospital for this. The doctor doesn’t even need to have a picture archiving or communication system at home. All she needs is internet and access to a mobile device.

Monitoring At-Risk Patients:

Emergency admissions are far more common in patients who have known health conditions. One advantage of this is that, often, there will be hidden signs of the problem long before the patient actually experiences symptoms.

Mobile diagnostic tools can now be used to detect heart rate, respiratory rate, blood pressure and temperature at regular intervals, ensuring that any changes will not go unnoticed. As well, modern pacemakers and even glucose monitoring tests can now stream data live to the doctor’s own mobile device. Any arrhythmias or glycemic problems will therefore send her device into alert. The doctor can, therefore, estimate which patients are likely to have an adverse event, and recommend intervention or a diagnostic check well before an emergency.

Accidents Happen:

But even in those who do not have a history of chronic illness, accidents can be a problem. Mobile services tailored for such emergencies can help trained bystanders give first aid, as well as keep the incoming paramedics updated on the patients’ status before they arrive at the scene. Because they already have a detailed initial assessment, they can prepare for an immediate medical intervention shortly upon arrival.

This could significantly reduce the number of fatalities in workplaces that contain hazards or in places where road accidents are common.

Developing Tech:

The contributions of mobility to the health care system, at present, is just barely scratching the surface of all the possibilities. As physicians and programmers alike continue to refine and develop Internet of Things technology, fast and quality will become increasingly

Remote Care Management Infographic

One of the most exciting innovations in medical technology is remote care management. In essence, the tools it utilizes make it possible for patients to not only attain intensive care but also ensure that any possible complications would be promptly mitigated and addressed. As for how such advanced care is made possible, majority of it rests on the gadgets that have been developed for the said purpose.

From mobile devices that focus solely on healthcare to mobile apps that help patients and doctors alike keep track of vital signs, it wouldn’t be far-fetched to say that medical technology has, indeed, evolved and is still continuing to evolve greatly and rapidly with the passage of time. Majority of them focus on alleviating symptoms of chronic diseases like high blood pressure and diabetes, as many of them allow users to track heart rate, blood pressure, body weight, blood sugar, and even act as a mobile ECG.

Every data that is gathered by such devices are normally stored in a cloud, for easy access by both the patient and physician. That being said, remote management is not only a benefit that should be optional. Instead, it should be considered as a necessity by most patients, especially those who are already suffering from serious diseases and require consistent observation of one’s vitals.

If you’re interested in knowing more about what remote care management is and the systematic processes involved in it, then don’t hesitate to read the rundown we’ve prepared for it which is in the form of an infographic. It should sufficiently provide you with all the preliminary information you may need.

remote care management

 

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Holter Monitor Interpretation and Its Advantages

Cardiac disease is one of the top causes of death worldwide, and what makes matters worse is that its conditions (like heart attacks, for instance) come without warning. It’s this very clandestineness and suddenness that accounts for the high rate of deaths that result from them. The only way to mitigate this is, of course, to have your heart checked regularly. Nonetheless, if your heart condition is already critical, you may want to consider what technology has to offer when it comes to daily heart monitoring.

The Holter monitor is one such device. It’s essentially a portable ECG with electrodes that you can conveniently attach to yourself any time of the day. It’s able to monitor any irregularities in your heart (e.g. abnormal heart rate, reduced blood flow to the heart, to name a few) consistently, which is undoubtedly the smarter route to take.

Always being in the know about the current state of your heart could really go a long way in preventing any untoward heart disease incidences in the future. Anything less than that could have consequences that you would only regret in the long run. A Holter monitor is pretty much an all-in-one tool that you can use to attain the peace of mind that you undoubtedly want.

Want to learn more about how the device works and how you can easily interpret its readings? Then do take the time to read the infographic that follows. It gives you a short yet thorough walkthrough about what you can expect from the machine. It also takes the liberty to provide you with tips and guidelines on how to seamlessly incorporate it into your daily activities, besides giving a few important pointers to remember that would help prevent heart beat irregularities. What’s certain is that with its help, you can take better control of your heart health.

Holter Monitor Interpretation

 

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Top Healthcare Industry Trends and Challenges

Healthcare, much like other industries that are currently undergoing revolutionary changes, is fast-becoming an oasis of innovation. There is now a greater reliance on technology in tracking patients’ health. These range from wearable tracking devices to more improved patient databases. These improvements hope to enhance healthcare as a whole, and hope to shift everyone’s efforts to patient-centered care.

Nevertheless, there are still the usual hurdles of uncertain and rising medical costs. Focusing on technology has undoubtedly created challenges that innately come with it. These impacts are bound to be huge, to say the least, and equally revolutionary measures have to be done to overcome these hurdles. What is good is that measures are continuously being undertaken to address them.

With that said, the infographic we have designed below will give you a better view of the developments that healthcare in India has undergone in 2016. It’s sure to answer all your questions regarding the future of healthcare in this country.

top-healthcare-industry-trends-and-challenges

 

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Notable Remote Patient Monitoring Technologies in 2017

Timely detection and treatment of diseases is the key to saving millions of lives across the world. Often, chronic illnesses breed inside the human body without giving away noticeable symptoms, only to strike fatally without a warning.

Thankfully, RPM (Remote Patient Monitoring) is making path-breaking technological advancements to address this concern.

While the concept of RPM is not new, recent leaps in various fields of technology such as Internet of Things, Artificial Intelligence, Big Data Analytics, and wearable technology are promising to make RPM more effective.

Listed below are few of the most significant RPM technologies to surface in 2017:

Collection of Patients’ Health Data

Wearable Technology: Wearable products such as the Apple Smartwatch and fitness bands are making remote health monitoring a convenient possibility. Smart, intelligent, and now relatively affordable, these wearable products are equipped to track heart rate, which is very crucial in determining patients’ health. There is a high possibility that in future, these wearables will come equipped with sensors that can track blood pressure, sugar levels, brain activity, etc.

Sensor Implants: Although still debated for the anticipated risks they carry, advanced sensor implants can contribute significantly to the field of RPM. Much more accurate and advanced than their wearable friends, advanced sensor implants will be a path-breaking RPM solution. However, technology experts and innovators need to find ways to make nano sensors that can be powered to last for many years, and are compatible with human tissues.

Storage & Analysis of Patients’ Health Data

Cloud Computing & Artificial Intelligence (AI): Wearables and sensors collect health data for each patient, 24/7! How difficult would it be for the doctors to store and analyse these data points and administer effective medical care?

The answer lies in cloud computing and AI. While cloud helps store heaps of data remotely, AI and Big Data analytics not only analyse these large data files, but can also highlight health issues – enabling doctors to make informed decisions.

Administering Medical Care

Drug delivery sensors: Sensor implants, in the future, can be preloaded with drugs that can be delivered to target area(s) in the body by a doctor sitting in a remote location. Alternatively, using IoT, all sensors can communicate, take a decision using AI (on the parameters fed by doctors), and administer the drug automatically.

The Next Generation Internet: The internet of tomorrow, 5-G, will play a stellar role in making everything discussed above possible. Fast and seamless internet connectivity will make the real contribution in monitoring, storing, analysing patients’ health, and administrating medical care in the year 2017.

These emerging RPM technologies can be conveniently adopted as they address all aspects of patient care; collection, storage, and analysis of data, machine learning solutions to highlight health issues, and solutions to remotely dispense medical administration. The new year is set to bring tangible advancement in RPM and health care in general; the challenge now is to make these new technologies affordable and sustainable. Well, Smartphones, powered by health monitoring sensors and data storage and analysis apps, may hold the key to this puzzle.

How Wearable Technology is Transforming Healthcare?

 

Wearable technology is proving to be one of the biggest drivers in enhancing clinic/patient engagement processes and improving the clinical outcomes of persons afflicted with chronic illnesses. The rise of the IOT has been particularly significant in driving the development of connected and wearable devices that have made it possible to leverage the power of technology in digital health. Wearable tech makes it possible to integrate the management of clinical information management systems, allow remote patient monitoring, and improve access to critical data.

Through wearable tech, it is now possible to monitor and capture patient vital signs remotely enhancing the effectiveness of care delivery to patients, as they do not necessarily have to come in for checkups. Besides, wearable devices make it possible for the doctor to detect asymptomatic disease events early thus avoiding catastrophic outcomes. Through devices such as mobile apps, patients can send their clinical data wireless to their physicians making early detection and diagnosis possible at lower costs that conventional lab tests. Wearable tech makes remote management of chronic diseases including analysis of the effectiveness of treatments possible. Bioelectronics worn by the patient makes it possible for the doctor to collect data and customize, maintain, and configure treatments in ambulatory and ongoing care settings. Lastly, physicians now have access to more data than ever before through integrated clinical information portals that present patient data in one place. Through access to cloud systems, the costs of running systems are reduced through efficient streamlining of data and care settings.

The enhanced access to data and information through wearable technology not only enhances the quality of healthcare outcomes for patients but also, reduces the costs in time and money spent on health care.

Wearable technology

 

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THINGS TO CONSIDER TO LAND YOUR DREAM JOB IN HEALTHCARE

The idea of a dream job may differ for individuals, but in the main, your dream job must be satisfying and create a fulfilling career for you. When you are part of the healthcare sector, it may seem difficult to land your dream job but keeping the following checklist in your mind can help increase the chances of landing that ‘perfect’ job:

Get Some Experience:

When you are pursuing a course in healthcare, you would take up many internships during the course to build up on your experience. While these internships definitely look pretty on your resume, this is also the time to learn practical skills you need on the job.

Ensure that you gain as much experience as possible during your course. World Health Organization, Mayo Clinic and U.S. Department of Health and Human Services can offer invaluable internship experience. However, if you cannot land up something there, volunteer with a local hospital and don’t be shy of working for free to build your repertoire.

Expand your Job Search Horizon:

Even if you hold a specialized degree in specific discipline of healthcare, do not feel tied down to only one kind of job. Even for specialists, many job opportunities are available that need to be explored. Apart from applying in hospitals, you can consider applying for research jobs or even as a teaching assistant in a medical university.

Sign up as a Volunteer:

Signing up as a volunteer with the many non profit organizations can help you build experience that will come in handy while you search for your dream job. Most large non-profit healthcare organizations are willing to take up volunteers and train them in healthcare services.

Some of the organizations you could contact are the American Red Cross, World Health Organization, U.S. Department of Health and Human Services, Peace Corps and many more that you can find with a simple online search.

Create a Perfect Resume:

While landing your dream job in the healthcare industry can be an arduous task, having an impactful resume can make the process much easier. The purpose of a resume is to ensure that the recruiters call you for an interview, which is almost always the toughest part to crack when applying for any job. Sit down and spend some time examining your resume – Does it highlight your experience and expertise properly? Will the recruiter be impressed with only as much as a glance? Are there any typos or is the resume too long?

Remember, most recruiters only give few seconds to a resume and thus you need to make an impact with as few words as possible. Hiring a professional to help build your resume is a good option that can significantly boost your job search.

Healthcare is a dynamically growing industry and demands more and more skilled individuals to hop on-board. As a healthcare professional, countless opportunities await you, all you need to do is find your calling and follow our handy tips to land your dream job.

How To Provide A Quality Healthcare Management Services for Clients?

Quality management in healthcare is aimed at improving effectiveness of treatments and increasing the satisfaction level of clients with the medical services provided. Management of quality is focused on patients, as it is the patients’ satisfaction that is the ultimate judge of the level of healthcare services.

A healthcare system includes not only hospitals, but other components such as pharmacies and health clinics as well. A robust management of all these systems is required to ensure effectiveness of treatment and satisfaction for clients. Below are some elements crucial to providing quality healthcare management to clients.

Improving Quality of Care:

Improving quality of care and reducing costs is a key feature of the Affordable Care Act. In 2015, a new provision provides that physicians will be paid according to the quality of care they provide and not the volume they treat.

The WHO (World Health Organization) stresses on strict standards for management of quality of care. Quality of care in layman terms refers to providing the right healthcare service at the right time in the right manner. WHO defines it as a process for making strategic choices in health systems and further provides that improving quality of healthcare involves making improvements in six areas of healthcare:

  1. Delivering effective and tested treatments.
  2. Manner of delivery focused on optimal resource utilization.
  3. Right healthcare at the right time by professionals with requisite expertise.
  4. Treatment in line with patients’ preferences and local customs.
  5. Equitable healthcare irrespective of gender, location, race or status.
  6. Safe treatments minimizing risk to users.

Administrative Cost Reduction:

Administrative costs in the US account for up to 25% of healthcare costs, and a large percentage is wasteful expenditure according to several reports and studies.

Automation can help reduce administrative costs. Taking health plans online by explaining key benefits to members online, providing online enrollment and moving documents online can reduce costs by cutting down on labor intensive tasks. Electronic health records not only reduce paperwork and cut down administrative costs, but also reduce medical errors leading to quality healthcare for clients.

Professional Medical and Healthcare Teams:

Having professional medical and healthcare teams is central to quality healthcare management – healthcare teams comprise of allied healthcare professionals including pharmacists, physicians, dentists, nurses and other medical practitioners. Several areas report shortage of trained human resources to meet the health needs of growing population. Legislative measures to increase the number of healthcare professionals, especially in areas of shortage can help meet the goal of timely healthcare administered by professionals of right specialization. Telemedicine can be used to provide care in remote areas.

Telemedicine Adoption:

Telemedicine can be defined as exchange of medical information from one place to another using electronic media to improve a patient’s health condition. Use of live interactive videos for primary consultations, storing and forwarding diagnostic reports online and remote cardiac patient monitoring are all made possible by adoption of telemedicine. It provides several advantages by improving accessibility, reducing distance, reducing costs and offers better quality consultations especially in mental care and ICU telemedicine; thereby providing quality healthcare for patients giving them access to premier healthcare without traveling long distances.

Reducing Denial of Services:

While healthcare maybe considered a basic right, there have been many instances of denied healthcare due to lapses in medical insurance. In 2014, Affordable Care Act prohibited insurance companies from refusing to sell or renew policies based on an individual’s pre-existing conditions or gender. Strong implementation of this provision would reduce occurrences of denied medical services to patients, raising the quality of care nationwide.