COVID-19 outbreak has irreversibly changed the attitudes towards digitization in healthcare. The things are previously seen just as a feasible way of gradual modernization – reduction of staff burden, fast and faultless decision-making, and shift to home-based medicine – have suddenly become urgent trends in medicine.
The year 2020 has long been a marker for what some theorists envisioned would be the pinnacle of technological advancement — the year humans finally made it to Mars, the mail is sent by rocket and therapists have been replaced by robots, to name a few of the most amusing predictions compiled by Best Life.
In 2020, the potential of artificial intelligence and machine learning to “disrupt” healthcare is passe— that is, because they already have. What we are now witnessing is the rapid progress in how these technologies are being used beyond the radiology lab to improve the whole healthcare spectrum, including payment accuracy, consumer experience, and in turn, population health.
Telemedicine has already contributed to the development of the healthcare industry by making it easier for people from rural areas to get access to specialists and saving hours previously spent in traffic jams and waiting rooms for urban residents. But due to pandemics and lockdown, the role of this new trend in healthcare has become pivotal. No wonder companies are actively investing in the development of this sphere. The global telemedicine market is expected to be worth $113.1 billion by 2025.
Everyone is taking a new look at the business of healthcare management in an active war against this pandemic. The new Healthcare industry normal for tech projects, supply chains, regulation, manufacturing of critical supplies and the overall resiliency of care will look radically different than it does today. In such a scenario, we bring forth some of the most revolutionizing companies who are transforming the healthcare arena.