Articles on digital transformation in healthcare
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For all the ways that technology is transforming the way people shop, bank, and travel, it has yet to make major inroads into how they receive healthcare. The adoption of digitally enabled tools for diagnosis, treatment, and management, for example, has been modest. Electronic medical records are still not a part of routine care. According to the Electronic Medical Record Adoption model, adoption ranges from just 3 percent in Europe to 35 percent in the United States.
Technology itself isn’t the problem. Many healthcare tasks have been automated or digitally enhanced for decades. And evidence of further potential is compelling. This includes, for example, preventing up to 95 percent of adverse drug events, saving lives by improving compliance with care recommendations, and reducing the number of duplicate diagnostic tests and reducing costs by 7 to 11 percent.
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Empowering Digital Dreams
India has the potential to become a USD $ five trillion economy by 2024, and to realise this, our firms and industries must embrace digital transformation across the value chain. However, businesses in general and SMEs in particular lack the requisite technical know-how and face operational limitations in taking that first big leap of change.