March 29, 2024 6:25 AM
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Personalized Medicine: 5 Challenges The Healthcare Industry Is Facing

With the surge of the pandemic, the healthcare industry is facing serious challenges you can’t fathom. These challenges have created a significant impact worldwide. putting everyone under strict protocols and regulations.

Healthcare plays an important role in securing the safety and well-being of everyone in the society, as well as the nation’s economic growth. If the entire healthcare system fails, the whole nation will suffer. Many people who are sick will not be taken care of properly, and in the worst-case scenario, many people will die. Thus, an efficient healthcare system is necessary to address these kinds of problems effectively.

Nowadays, advanced technology has proven, that its existence is vital for the entire healthcare industry. Redesigning the whole system accordingly may reduce costs, increase life expectancy rate, and rapid production of products. However, coping up in this fast paced  technological advancement is not that easy.

At this age of advanced technology, here are the major challenges faced by the healthcare industry:

Cybersecurity

Modern processes in the healthcare industry rely on technology, putting more data and information in the cyberspace makes it vulnerable to cyberattacks and data breach. These details may include patients’ personal data and financial records.

For more people, depending on online applications is convenient, but it is still important to ensure that every login is protected from outside threats. More so, if patients experience data breach, they could file a case against the whole facility for violations, which may result to penalties and damages.

Most healthcare facilities are battling this problem by using multi-factor authentication and stronger firewalls to ensure that every patient’s data is secured from outside attacks.

Artificial Intelligence (AI) Software

Many industries have already experienced the advantages of using artificial intelligence software, which results to higher productivity and efficacy rate. The healthcare sector is in great need of this technology because more data and information are being processed every single day. This information includes patients’ datasheets, clinical records, administrative data, and patient surveys.

As data grows exponentially, advanced tools and equipment are required to facilitate the growing demands for proper data storage and management. AI software could make the healthcare data easily accessible, helping doctors and patients keep track of their conditions and make booking appointments more efficient.

Telehealth Services

The pandemic made the entire healthcare industry learn and adopt the ways of digital technology. Due to strict health protocols and consistent lockdowns, patients and doctors had to use online platforms for consultations.

However, not all nations can adapt to this change. Most developing countries find it difficult to cope up, because not everyone had the means to use online platforms.

As the virus continues to evolve with its recently discovered variants, people will be more encouraged to resort to telehealth services. Implementing this procedure, limits contact and contamination, making it the right choice for everyone’s safety.

Healthcare Costs

Healthcare costs are expensive, making it only accessible for those who can afford it while others have a hard time looking for ways to surpass health related difficulties.

There are some ways the industry could help people save money, by recommending local price variations, encouraging people to choose medical plans within their budget, eliminate unnecessary laboratory tests, and regulate prescription drug costs without disregarding their health condition.

If the price of healthcare costs continues to surge, more people won’t be able to undergo proper checkups, resulting to life-threatening conditions and lower life expectancy rate.

Patient Experience

The patient’s experience should be the most important thing that healthcare providers need to consider. As much as possible, the industry should meet their expectations as people demand the best services and value for their money.

Because of this, healthcare organizations are facing tough competition to retain some of their clients and attract new ones. The challenge lies in which organization could deliver the level of experience and satisfaction that the consumer demands. Some of them may give added bonuses, such as dental benefits, eliminating co-pays, added money on social security check, and transportation benefits.

Winning new clients and retaining existing ones does not stop on giving out perks and bonuses, it is about convenience and first-rate servicing, such as easy appointment booking, a hassle-free payment system, and accessible healthcare facilities for laboratory tests.

Final Words

The healthcare industry is an essential part of society, creating an accessible healthcare system for everyone will result to a more stable nation. It is best achieved with the aid of advanced technology, adaptability to new procedures, affordable healthcare costs, and high-quality patient servicing.

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