The desire for efficient, easily accessible healthcare products and services, as well as individualized care, is driving a change in the healthcare industry as it moves from traditional institutions to digital structures. Within this context, the word “healthtech” has become increasingly relevant as a field that offers solutions to current issues facing the healthcare industry as well as player experiences. Healthtech is revolutionizing the healthcare sector from the ground up, whether it takes the shape of telemedicine apps, patient management systems, health monitoring equipment, or even AI-based diagnosis.
Challenges Facing the Healthcare Industry
Larger healthcare facilities, such as clinics, hospitals, and pharmaceutical production companies, have difficulties that restrict the quality of treatment they can provide. The first issue is that traditional patient care and treatment procedures are ineffective. Poor patient outcomes and dissatisfaction are typically caused by delayed or nonexistent communication between caregivers and patients, as well as care that is provided in an uncoordinated manner. According to a study published in the Journal of Health Affairs, among patients who self-manage, 30% cited medical delays as having a negative impact on their health.
In addition, the COVID-19 crisis has highlighted the need for patients to receive remote care, which will put more strain on telemedicine and other digital health technologies. As healthcare organizations faced a range of unprecedented challenges, including rising emergency department utilization, decreased ability to perform elective procedures, and surged demand for remote consultations, the characteristics that defined the Israeli health-consuming public became clear. The World Health Organization (WHO) reports that telehealth consultations increased by over 150 percent in the previous year, which suggests that there is a deficiency of easy-to-use digital solutions.
Telemedicine Apps: Bridging the Gap
Applications for telemedicine have surfaced as a solution to patients’ need for access to physicians. As a result, certain programs allow patients to consult with doctors without physically visiting the clinic. According to a McKinsey & Company survey, 76% of patients are interested in having virtual consultations, up from 11% prior to the pandemic epidemic. Not only can telemedicine improve access for people living in underserved or remote areas, but it also lowers the risk of infection, which is a major worry in light of the current outbreak.
However, there are drawbacks to using telemedicine options as well, such as those related to technology, law, and the ongoing risk of cyberattacks compromising patient privacy. One of the biggest issues facing healthcare workers is the ever-changing rules and regulations around their use of telehealth, which can vary significantly between states or nations. Furthermore, there are stringent guidelines that must be adhered to when it comes to medical data and information, particularly in light of the fact that an increasing amount of patient records are being stored digitally, which is against HIPAA law and could cost businesses up to $1 million in fines.
The Role of Patient Management Systems
Other important subprocessories of healthtech that were created to help with administrative tasks and collaborate with other healthcare facilities include record management systems and patient management systems. It is used for scheduling appointments, archiving and communicating information between the various departments of the healthcare facility, and storing patient records. However, a number of current systems are out-of-date or do not offer suitable integration chances, which leads to inefficiencies and additional labor.
According to a HIMSS poll, 70% of leaders in health information technology said that their organizations were having trouble implementing system integration. The outcome could involve significant costs or gaps in patient care. The challenge for providers is to find solutions that would improve patient experience while being simple to integrate into their work contexts.
In order to address the needs of appointments, billing, or the records in charge of the healthcare facilities, Codek Technologies implements custom patient management systems that leave an environment of integration with conventional operations. Our objectives with these solutions are to raise organizational productivity, reduce paperwork, and enhance patient happiness. The healthcare providers will have freed up time that they previously had to spend on paperwork and patient care due to the sophisticated usage of automation.
Health Monitoring Devices: Empowering Patients
The patient self-management business is undergoing a transformation thanks to telehealth gadgets, which include wearable technology and home monitoring systems. With constant input of their bodily information, such as vital statistics, activity, and what ails them, these devices help patients comprehend their role in their rehabilitation. According to the later study from the Global Wearable Medical Devices Market, the popularity of health monitoring methods would cause this market to grow to $27.9 billion in the future.
However, the problem lies in where to find these devices—which are practical, user-friendly, and interoperable with other health care systems. Concern that patients’ poor usage and high levels of annoyance are caused by the difficulties they encounter when attempting to deal with the various features of health monitoring devices. There is also the difficulty of using this data to help healthcare professionals provide patients with better care.
The aim of Codek Technologies is straightforward: to develop health care monitoring systems that are secure, dependable, and easy to use for individuals with self-managing medical conditions. Thus, we build the gadgets that can efficiently monitor health data and provide doctors and patients with helpful information by utilizing our wearable and Internet of Things experience. Therefore, our goal is to provide solutions that are user-friendly or encourage patients to practice health literacy.
AI-Driven Diagnostics: The Future of Healthcare
This is a result of the expectation that AI-based diagnostics technologies will transform the provision of healthcare by giving providers access to accurate and fast information about a patient’s status. The healthcare sector uses machine learning algorithms to analyze vast volumes of data in order to spot trends, forecast outcomes, and even assist medical professionals in making decisions. AI is capable of diagnosing breast cancer with 94.6% accuracy, which is higher than that of a human radiologist (88.0%), according to a recent study published in Nature Medicine.
However, issues with the widespread application of AI technology in the healthcare industry include the lack of data protection, the difficulties of locating high-quality training data, and the way AI tools fit into the workflow. Although healthcare organizations use these technologies frequently, they may want recommendations on how to best deploy them. The findings also indicate that the ongoing requirement to raise the training and credentials of healthcare professionals is a significant roadblock to the successful application of AI-driven technologies.
Codek Technologies assists healthcare institutions in utilizing artificial intelligence’s potential. Our principal objective is to work in tandem with our clients to implement artificial intelligence-driven systems and solutions that enhance diagnostic rates and aid in decision-making. By integrating AI into this system, we help healthcare companies enhance the effectiveness and outcomes of their services. We are always eager to invest in innovative ideas to keep our clients up to date with health care technologies.
Real-World Impact of Healthtech Solutions
It is difficult to fully appreciate the advantages of healthtech solutions without providing specific instances of how Codek Technologies helped specific healthcare organizations overcome specific challenges.
Implementing Telemedicine for Rural Clinics:
Naturally, there were difficulties meeting patient demands as some patients were unable to travel to the clinics frequently due to distance. The Codek Tech platform was to be used to provide telemedicine services, such as scheduling appointments and creating choices for remote interactions with healthcare providers. As a result, the clinics saw a 40% increase in patient satisfaction and a 25% decrease in no-show rates.
Patient Management System for a major Hospital:
Due to inadequate system integration, this major hospital experienced administrative difficulties. Through an enabling solution created specifically for the healthcare industry by Codek Technologies, the patient management system was guaranteeing simple techniques and flexibility in scheduling appointments, patient records, and across departments. This contributed to a 30% decrease in administrative work and a higher patient turnover rate.
Wearable Health Monitoring Devices for the Management of Chronic Diseases:
One stakeholder was a healthcare provider that specialized in the treatment of chronic illnesses and wished to improve patient supervision and engagement. Codek Technologies unveiled a selection of wearable health monitoring devices that tracked both physical activity and physiological condition. Finally, the patients received REAL-time feedback, which resulted in a 50% increase in compliance and a drop in ER visits.
Embracing the Future of Healthcare
In order to overcome obstacles and accelerate patient recovery, it is crucial to consider the advancements in the application of technology in healthcare. By providing complete healthtech solutions that satisfy industry standards, Codek Technologies is driving this transformation. Our ability to fulfill the specific needs of healthcare workers while maintaining the highest quality of service allowed us to develop significant solutions that improved the standard of patient care.
In order to drive the healthcare sector forward, organizations need to embrace innovation and technology as soon as possible. Through this partnership, Codek Technologies helps healthcare providers rethink how they deliver care, integrating health technologies to better meet patients’ requirements and expectations.
We invite you to join us right now if you are a healthcare professional experiencing problems with telemedicine, patient handling, health checks, or AI diagnosis. Greetings from Codek Technologies! With the goal of creating better patient care solutions, we are here to help you remove obstacles by utilizing today’s technology. Our knowledgeable staff provides the personalization that guarantees clients receive precisely what they require to be successful in their healthcare ventures.
Do not hesitate to contact us if you need assistance or have any information to contribute. Together, we can work to improve the healthcare sector’s future.
