The blockchain is a ledger, a database that keeps everything in one place and cannot be changed without leaving a mark in the ledger in the event of information changing. According to Jacob Kostecki of Blockhead Factor, blockchain makes it perfect for the recording of both research and treatment information, as well as medical histories. “Right now information is siloed and because people know that a lot of the information contained in medical records is false, there is a lack of trust that causes delays in diagnosing and treating patients,” Kostecki said. “In a blockchain-enabled world, patients will hold their whole medical histories in a wallet — from birth to where they are now in life. These EHRs will include medical records, procedures and everything else.”
When a patient visits a doctor he or she will have access to the patient’s full records instantaneously, making diagnosing cancer, for example, much easier. But blockchains mean more to healthcare than providing assistance at the point of care. Blockchain securely shares health data, standardizes formatting and improves healthcare transactions overall. Its impact can affect every major participant in the care cycle, from patient and provider to payer, pharma and even researchers and federal regulators.
It’s not a stretch to say that blockchain is everywhere in healthcare. Its application to healthcare has not reached its full potential, but the results may be profound as it comes of age, according to industry insiders. To better understand blockchain, we asked some insiders – technology experts, investors, professors, vendor reps and physicians – about what the technology may mean to the future of healthcare.
Essentially, a responsive web design can detect the type of device that the user is using and hence change the layout of the website according to that device. All industries, especially healthcare, should adopt a responsive web design. In this digital world, patients are checking out providers’ websites before making a decision about their health. They could easily get frustrated with a non-responsive website if they can’t get their hands on the right information quickly. You may be hesitant to redesign your website to become responsive, but it is an investment worth making.
From faster diagnosis to enhancing operations across care management, compliance and accounting, artificial intelligence (AI) is revolutionizing the healthcare landscape. While AI is not a new concept, its adoption in the healthcare industry has lagged behind because of significant changes in technology and the exponential growth of data. AI has tremendous application for healthcare, but leaders will need to balance data management and governance to properly enhance the patience experience and outcomes through AI implementation.
By Gevik Nalbandian, vice president of software development, NextGate
Gevik Nalbandian
If you wanted a clear snapshot of the progress we’ve made—or rather, haven’t made—in patient data sharing and exchange, look no further than a new report from the American Hospital Association (AHA) and six other national hospital associations—America’s Essential Hospitals, Association of American Medical Colleges, Catholic Health Association of the United States, Children’s Hospital Association, Federation of American Hospitals and the National Association for Behavioral Healthcare.
Urging all stakeholders to “unite in accelerating interoperability,” the report, released January 22, is a grass roots effort to get hospitals, EHR vendors, consumers, health information exchanges (HIEs), government and medical device companies to come to the table, play their respective roles, and make full interoperability a reality.
The benefits of interoperability are obvious: better care coordination, improved patient safety and care quality, reduced costs, increased efficiencies and the conduit to population health. Interoperability is also increasingly a legal requirement and prerequisite for reimbursement.
So why has healthcare’s goal of industry-wide interoperability remained so elusive?
Healthcare technology continues to proliferate the sector, the developments almost too many to track. The sector abounds with innovation and push forward in the name of better – even the minutest – advancements of care and better care outcomes. The coming year will be no different. As we enter the final year of the 21st century’s second decade, we’ve witnessed a tremendous amount of evolution in just 19 years. What role will our healthcare technology play in the healthcare industry in the next year?
A lot. And not just for a few, but members of many, many areas, even those peripherally involved with the boundaries of care. We must understand where current innovation is, but also the challenges these migrations attempt to solve. Being aware of the trends ahead can give us all a better grasp of how care delivery is changing and we can better understand how new areas can resolve real industry problems.
To help us navigate the year ahead for healthcare and its technology, the following are some of the trends that it leaders, observers, insiders, consultants and investors think are important or need to be taken notice of in 2019.
This digital age belongs to the consumer, and in this age of the consumer, it’s imperative that businesses are consumer-centric. All services and products must revolve around the customer instead of the organization providing or delivering them. Digitization can enable this by unifying data sources and connecting processes. However, when it comes to industries such as healthcare, which deal with sensitive data, there is an evident challenge of data security.
Blockchain, a technology which rose from the hype of cryptocurrency, can address this challenge with its ability to provide secure path for data transactions. Applications of blockchain in healthcare are more real than ever before, today, owing to the changed mindset of the industry leaders and evolution of the blockchain technology itself.
The demand for healthcare is expected to increase dramatically in the coming years. This trend is caused by several factors, including the growth in the elderly population in developed nations and the growing medical expectations in developing ones. Simply put, medical professionals are tasked with treating more and more patients, meanwhile, the number of hours in the day remains unchanged.
Thankfully, technology is on hand to help. In terms of treating more patients without compromising the quality of care, the following are helping doctors and their staff:
The implementation of electronic health record (EHR) is not a new thing in the industry. The digital wave has completely transformed the way medical records were maintaining before and now. With increased demand for efficiency and faster solutions, more and more medical practices are embracing EHR to simplify and organize their data storage process. Initially, many providers were reluctant and hesitant to use EHR. However, with Medicare and Medicaid incentive programs, providers are encouraged to adopt EHR. As a result, since the time EHR implementation began in 2009, around 73 percent of providers have registered for the EHR incentive program.
However, still, some challenges hinder EHR adoption and slow down the process for many. The initial implementation may be easy, but the user experience was not a good one for many.
Here are some of the obstacles that medical practices, healthcare professionals and others from the healthcare industry face while leveraging EHR:
Essentially, a responsive web design can detect the type of device that the user is using and hence change the layout of the website according to that device. All industries, especially healthcare, should adopt a responsive web design. In this digital world, patients are checking out providers’ websites before making a decision about their health. They could easily get frustrated with a non-responsive website if they can’t get their hands on the right information quickly. You may be hesitant to redesign your website to become responsive, but it is an investment worth making.
The demand for healthcare is expected to increase dramatically in the coming years. This trend is caused by several factors, including the growth in the elderly population in developed nations and the growing medical expectations in developing ones. Simply put, medical professionals are tasked with treating more and more patients, meanwhile, the number of hours in the day remains unchanged.
The implementation of electronic health record (EHR) is not a new thing in the industry. The digital wave has completely transformed the way medical records were maintaining before and now. With increased demand for efficiency and faster solutions, more and more medical practices are embracing EHR to simplify and organize their data storage process. Initially, many providers were reluctant and hesitant to use EHR. However, with Medicare and Medicaid incentive programs, providers are encouraged to adopt EHR. As a result, since the time EHR implementation began in 2009, around 73 percent of providers have registered for the EHR incentive program.