digital transformation

The digital arms race continues in healthcare as the industry struggles to tackle fundamental issues, including systemic labor shortages, spiraling costs, and the shift to preventative care. The sector is looking to technology to help solve these challenges, drive efficiency gains, and improve outcomes, and this has set the digital market on a path to be worth $939 billion by 2032. Healthcare organizations today are trying to manage an array of technologies, both old and new,
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There has never been more pressure for health systems to invest in digital transformation, especially when it comes to strengthening the consumer experience, according to a recent Deloitte survey. Key findings from the research suggest that existing digital offerings available through health systems are not adequately meeting consumers’ needs.  For instance, Deloitte found that while health systems do a good job of meeting consumers’ access and care needs “within the walls,” their
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Having a comprehensive data strategy is paramount in the healthcare sector. Data can be both a blessing and a curse for healthcare organizations, depending on how well they manage their data. On one hand, data is the key to unlocking personalized medicine, research breakthroughs, and effective population health management. On the other hand, data can be a major source of risk. Poor data security can compromise sensitive patient information, erode confidence in healthcare institutions, and lead
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The digital health market is projected to grow at a compound annual rate of approximately 25% from 2019 to 2025, according to NASDAQ. Needs for digital projects and initiatives have never been higher. However, investments in the sector, including in digital tech, have remained under tremendous scrutiny since the pandemic. As this trend continues in 2024, it’s more important than ever for digital healthcare professionals to scrutinize their roadmaps and strategies. They must exercise caution
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The two largest technology trends occurring in healthcare delivery – digital transformation and cyberattacks – are understandably driving the adoption of more IT platforms, applications, and other tools within health systems and hospitals. Concurrently, features within electronic health record (EHR) systems continue to proliferate and increase in complexity.  Although these health IT solutions are designed to save time for providers and administrators during their patient care and business
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