In 2019, 10 fines for a total of $12,274,000 were issued for violations of HIPAA process regulations. The average financial penalty of $1,227,400 per case means that even the slightest neglect can lead healthcare providers to catastrophic losses. In the digital age, the value of privacy protection is higher than ever because interconnected information systems are often exposed to the threat of data leaks. It does not mean that healthcare providers should abandon the benefits of digitalization. Instead, they should consider the existing data privacy regulations and ensure top-notch security of their software. …
Hard times always accelerate progress. In 2020, the pandemic changed the entire world, but it also gave a great push to the development of technologies. The urgent need to improve the efficiency of medical services made multiple actors in this domain invest in emerging trends and develop the existing trends in the healthcare industry. It is projected that 2021 will bring many valuable breakthroughs in the sphere of digital health. Medical organizations that want to remain competitive in a time of change have to keep track of the most valuable health care industry trends. …
Recent studies show alarming statistics: in the U.S., medical errors lead to 250,000 deaths each year. Globally, such numbers are much higher. The cost of a medical error can be another person’s life, which attracts more attention to ways of optimizing healthcare administration. Enhanced digitalization, notable for the development of software for hospitals, brings a solution to the problem. A hospital management system is software used to organize hospital workflow. Such a multifunctional clinical management system provides healthcare employees with data on hospital assets, patients, tasks, financial implications, and professional schedule.
Outstanding functionality, multiple positive features, and process automation are…
Innovations emerge in the healthcare domain with an impressive frequency. They can be distinguished into temporary trends, unable to survive on the market for more than a few years, and progressive technologies that are here to stay. For sure, a remote health monitoring system refers to the second category. Connected to hospital management software, RPM systems ar essential for telemonitoring in healthcare.
In the first part of the material, we already explained the purpose of patient monitoring systems that work remotely, presented the main types of such technologies, their connection to the IoT, and potential benefits that they can bring…
Long queues in hospital hallways, overloaded schedules of healthcare practitioners, shortage of healthcare staff, and high expenses on costly medical equipment maintenance — all such issues have become an integral part of hospital-centralized care. In the digital age, we are finally close to finding a universal solution to such problems. The world of healthcare technologies is rapidly changing with the development of telehealth, and remote patient monitoring systems are becoming an increasingly valuable trend. The market for patient monitoring devices is expected to grow from $36.4 billion in 2020 to $55.1 billion in 2025. What makes such innovations so valuable…
Speaking of educational technology, people rarely talk about money. They mention the benefits for underprivileged children, the blessings of remote learning, the shifting role of educational institutions, and other impacts. Yet, in fact, developing education apps, a startup or large enterprise can make big money and enter the fast-growing business niche.
According to the Global Online Education Market report, by 2025, the worth of the online education market will reach $319+ billion compared to $188 billion in 2019. The number of people interested in upgrading their skills through online solutions is also impressive. E-learning software takes third place among the…
Although everyone is terrified that life will never be the same, it will. If we start adapting to technological changes and accept the advantages of current IT technology, in fact, it may become even better. Business owners will learn to redistribute their resources more effectively, switching to remote management. They will become prepared for unpreventable future crises and develop quality strategies for risk management.
In other words, they will do everything they should have done before the 2020s downturn, which was pretty much expected.
In the economic forecast published in 2019, Forbes already informed the public that the world was…
Although the software development market seems immune to the changing business environment, the truth is it’s not. The pandemic is likely to take a toll on everyone who moves too slowly. The companies that have got used to traditional team models and neglected the benefits of remote work are likely to suffer first. So what’s to be done?
We know that everyone has got tired of apocalyptic predictions. That’s why in today’s article we will focus on reliable data, trends, and solutions. Keep reading to learn more about:
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