Healthcare Industry Trends Providers Should Know
March 14, 2023 by Medigroup
Spending on healthcare in developed countries is on the increase. It is expected to show strong growth in the coming years with an estimated annual increase of 6%.
Healthcare providers must keep up with the latest healthcare industry trends. Yet it can be tough to know what to focus efforts on.
We look at the latest healthcare insights which give you a heads-up on the latest trends. This will give you valuable insight into creating a strategy that works for your practice.
Are you looking for guidance on surgical clinics, healthcare facilities, or general health topics? We’ve compiled everything you need to know. Read on to find out more.
Healthcare Industry Trends
The healthcare industry is evolving with new trends that are transforming the way providers deliver care. This includes trends such as data-driven clinical decision-making, telehealth, and telemedicine. Robotics is used in mental health support and monitoring health.
Increasing Patient Engagement and Experience
As technology continues to evolve, patients are becoming more involved with their care. Rather than reacting when a health issue arises, healthcare providers and patients are taking a proactive approach to care. This shift towards patient engagement leads to better outcomes and quality of life.
By 2030, the patient engagement solutions market is expected to grow substantially. For healthcare organizations, improving the patient experience should be a top priority. This helps boost patient engagement.
Providers need to make processes simpler and more frictionless. If patients don’t have an enjoyable experience. If it is not a reliable, and transparent experience, they may choose to switch providers. Investing in improving the patient experience is key for successful healthcare organizations.
As a healthcare provider, some factors should be considered. Here are some of the reasons to enhance patient engagement:
- Improved access and streamlining of patient data
- Improve the patient’s digital experience by making it user friendly
- Remove any administrative roadblocks
- Use digital tools alongside human connection, not the replacement of it
Use Artificial Intelligence (AI)
AI has the potential to revolutionize healthcare and make a huge impact on the industry. Data-driven clinical decision-making and AI can improve patient care. It can also help streamline healthcare system workflows.
Any AI technology must be created with both patients and personnel in mind. This ensures that it meets both their needs. By leveraging AI technology, healthcare providers can more effectively diagnose and treat patients.
Telehealth & Telemedicine
The emergence of telehealth has become a major trend in the healthcare industry. It makes care more accessible, efficient, and cost-effective. Allowing remote patient contact with providers, telehealth provides greater convenience. It also reduces costs associated with travel and in-person visits.
Additionally, telemedicine can be used for diagnosis and to provide follow-up care. This is useful for patients who have been discharged from the hospital. This helps reduce readmission rates, which has a positive impact on the health system as a whole. Telehealth also allows providers to check their patients’ conditions remotely. It also provides them with data-driven insights.
Adopting Robotics in Healthcare
Using robotics in healthcare is a trend that has been gaining traction in recent years. Medical robotics can lower workloads and provide an array of services. They can do tasks such as transporting patients and assisting with surgeries. They are also useful for facilitating the delivery of vaccines to remote areas.
Robotics can be valuable, especially for healthcare providers. They can be used to streamline their operations and improve the patient experience. It is important to stay informed of advancements in this field. New technology is always being developed to shape the future of healthcare.
Investing in Mental Health
Mental health is a trend that has become even more prominent since COVID-19. Feelings of isolation, anxiety and depression have risen in recent years. Providers need to invest in solutions that promote mental health support.
The global prevalence of anxiety and depression increased by 25% during the pandemic.
One way to invest in better mental health care is through digital services. Various platforms allow patients to connect with mental health professionals. This gives them access to on-demand, anytime therapy right from their mobile phones.
Monitoring Health Through Wearable Technology
Wearable healthcare technology is becoming increasingly popular. People are taking a more proactive approach to their health. Health wearables allow for continuous monitoring of vital data and biomarkers. This helps both clinicians and patients become more informed about their health.
There are many advantages of using wearables for activities such as exercise. They are also used to track cardiovascular health and mental health. By integrating wearables into healthcare strategies, providers can gain valuable insight into patient health. Wearables give carers a more proactive approach to managing their patient’s well-being.
Focusing On Healthcare Inequalities With Social Determinants Of Health (SDOH)
Social determinants of health (SDOH) cause inequalities in healthcare. This includes things like birth place, address, religion, education, race, and gender orientation. These conditions can have a wide-ranging effect on an individual’s health. This impacts their quality of life outcomes and medical risks.
SDOH contributes to significant disparities in health care between different populations. This leads to poorer outcomes for those with limited access to safe, healthy options. It is important to recognize and address the impact of SDOH to ensure fair health for all.
Are You Keeping Up to Date With Healthcare Industry Trends?
Providers need to stay informed about the latest healthcare industry trends. This allows them to keep up with ever-changing demands. It in turn allows you to provide the best possible care for your patients.
Using technologies such as AI and robotics, healthcare providers can improve patient welfare. For more information and useful resources on the latest trends, contact MediGroup – a medical GPO. Call us to discuss what strategies will work the best for your healthcare service.
