India is witnessing incredible innovation in the health industry with the adoption of new technologies and best practices. Going forward, technology in healthcare innovation is projected to act as a more active role in the healthcare ecosystem. As Covid-19 continues to stay in our lives, we see an upswing in the application of digital epidemiology tools, chatbot assistants, Electronic Health Record (EHR) guidance tools, AI applications, and rapid response test kits. Moreover, the pandemic has forced stakeholders to put telehealth into effect. In order to communicate with patients. Technology in healthcare innovation is also playing a crucial role in mental healthcare. That is, resulting from social distancing protocols. Also, technology will play an important part in relieving anxiety and supporting mental health.
In the last few years, the healthcare industry experienced dramatic change. Innovative business models, unexpected collaborations, and accelerated timelines are the change. Therefore, requiring organizations to rethink how they operate.
Innovative Methods In Which Companies Are Fighting COVID-19
Companies worldwide are deploying proven technological solutions. As well as they are developing new ones to boost innovation in healthcare and fight Covid-19. Here are a few examples of it.
3D printed face shields and swabs implementing AI
An AI-based software company that also focuses on medical 3D printing to create anatomical models has benefitted from its 3D capabilities. In order to print ventilator parts, face shields, and nasopharyngeal swabs. Following clinical trials, they have sent thousands of specially designed swabs to take COVID-19 samples across the USA, Europe, and Asia
Real-time data and AI to make effective isolation monitoring
Wearable products are not providing accurate information enough to make critical clinical decisions. To resolve this concern, companies have leveraged the Patient Status Engine (PSE). Which automates the record of raw patient data and decision-support tools for clinicians, by combining wearable sensors with wireless networks and big data to offer high-resolution patient monitoring. And it is also enabling the creation of high-dependency isolation wards rapidly.
Monitoring social distancing using ultra-wideband (UWB) technology
A precision tracking product based on UWB technology is using badges and watches to measure how closely and for how long individuals come into contact. Hence, monitoring the time of flight of radio signals between devices. It also triggers alarms and real-time feedback via a cloud platform to recognize people at risk of COVID-19.
Detecting COVID19 via smartphone
An AI-based app is using light signal processing technology known as (remote photoplethysmography or rPPG). Through which a smartphone camera records light reflected by blood vessels underneath the skin. Since blood volume in micro-vascular tissue changes in response to respiration, blood pressure, and other parameters. The app adapts this variation into measurements.
Cloud-based ventilation monitoring
Another technology in healthcare innovation is the combination of patient data management software and a cloud-based system. So, this solution is entailing cellular chips in ventilation devices. Which is sending data that is then refined, sorted, and made available to clinicians in an easy-to-read format. Therefore, it is enabling quick monitoring and troubleshooting.
Post-Pandemic Healthcare Landscape
The present scenario has already been a turning point in how stakeholders observe digital technologies and innovation in healthcare.
The prevalent use of advanced technologies and analytics:
In the present times, and in the times to come. The development will be focused more on an infrastructure model that is based on data, platforms, interoperability, and digital solutions. Thus, modern infrastructure can enable the long-pending shift to accessible, affordable, quality health care.
Value-based care and affordability:
The value of a service relies on two factors- more quality or reduced cost. Presently, value-based healthcare services are focusing more on cost reduction and not on the quality of outcomes. As value-based healthcare models are evolving, we’ll observe stakeholders demanding higher quality alongside affordability. And there will be improved transparency and availability of data related to health system performance to validate outcomes.
Technology in healthcare innovation is currently facing one of the greatest challenges so far. It would be correct to say that the pandemic is more than a black swan event. And save lives at a scale needed today. This is generating a demand for more effective, scalable, and resilient healthcare infrastructure a priority for healthcare leaders now.
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Why does healthcare is requiring technological innovation?
Innovations in healthcare can lead to economic growth by enhancing efficiency and increasing productivity. As well as optimizing patient results.
How technology is improving healthcare?
Health information technology is presenting various opportunities for improving and transforming healthcare. Which includes reducing human errors, improving clinical outcomes, improving practice efficiencies, facilitating care coordination, and tracking data over time.