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HOW WILL BLOCKCHAIN TRANSFORM THE SLOW, CUMBERSOME, AND EXPENSIVE HEALTHCARE TRANSACTIONS

The healthcare space is more about bureaucracy and manual efficiency. There are no two ways about it! But thanks to the modern innovations and evolving digital landscapes, the industry is swiftly shifting to democratizing customer data while improving patient experiences.  Blockchain technology is one such modern innovation that's helping the healthcare industry achieve just that. It's increasing the security of healthcare transactions in a plethora of ways. Many believe that this technology has the potential to transform health care.  It is helping the healthcare providers create a healthcare ecosystem where the patient is at the center of their care strategies. It is, in fact, providing the industry with an entirely new model, i.e., healthcare information exchanges. It won't be wrong to say that it is providing a fertile ground to experiment and invest.  But what is the role of blockchain in the healthcare niche? Keep reading, and you'll find out now! Blockchain-based

NATURAL LANGUAGE PROCESSING - HOW IS IT BENEFICIAL FOR BETTER CLINICAL DECISIONS

  Until a few years ago, one had to use a bag of words to solve or win a challenge. You remember Siri, right? If it had been 2011, it would face some challenge to understand a non-American accent. But if you switch to 2021, there is no issue like that anymore.  That’s how natural language processing technology evolved over the years. However, from a semantic process standpoint, consumer data is remarkably easier to understand. So, if we say it is pretty beneficial for the healthcare industry, many leaders would be doubtful.  And why not when clinical data such as physician notes, emails, or specialist images are more challenging to capture via an automated process. One needs to have the profound clinical knowledge to develop something equivalent to a training set.  Having said that, the healthcare space is quite interested in NLP applications because of its role in improving accuracy levels. For instance, Minneapolis-based Allinas Health opted for NLP technologies. And it was able to d

WIRELESS HEALTH HEADING TOWARDS CONNECTIVITY FUELED DECADE

  Remember the times when you had to wait for even hours to get an appointment with your doctor? The times when you had to book an appointment over a phone call? Technology isn't the same anymore. The modern-day healthcare industry is changing for the better.  Telemedicine, electronic health records, big data, and AI have completely revolutionized healthcare for both patients and the provider. The aim is to make healthcare more: Efficient Effective  Affordable  Moreover, rapid changes in the communication and electronics industry it is propelling the healthcare industry to evolve. The idea is to make patient information accessible to healthcare providers.  This wireless connectivity is thought to provide considerable benefits to the healthcare industry. How? Well! Global leaders believe that it can help increase savings by improving productivity and outcomes. In fact, as per a study, this connected wireless system can easily add around $400 billion to the global GDP by 2030. To giv

DECODING DISRUPTIONS THAT CAN POTENTIALLY DRIVE MEANINGFUL CHANGE IN GLOBAL BEHAVIORAL HEALTH

  Totting up a global figure isn’t easy! But it won’t be wrong to say that the world is facing a mental health crisis. And the pandemic triggered the numbers exponentially. What we’ve seen isn’t only the disruption in care but also a new onset of conditions.  And guess what? This is happening across the world, irrespective of socioeconomic status, age, or background composition. Shockingly, there is a 50% rise in the prevalence of behavioral-health conditions, leading to an additional spend in the US alone after the onset of the pandemic. Imagine, if there were global data, the number would be in billions. You might be thinking. Right? People have faced such situations before as well! People have faced job loss or other economic uncertainty before as well.  But the impact is way more now! Let’s go over some statistics about mental health to understand the severity of the situation.  Up until 2017, more than 250 million people were suffering from depression, approximately 284 million wi

HOW WILL A SHOCKED HEALTHCARE INDUSTRY EMERGE POST PANDEMIC?

  The definition of this word changed entirely after the deadliest pandemics of all time hit the world by surprise. This health crisis is now pushing the world towards global restructuring. While some organizations are looking for survival solutions, others are trying to position and sustain themselves in the “new normal” world.  Undoubtedly, no one knows when things will get back to normal. Even if they do, they will no longer feel like the normal that we always cherished. Clearly, like other industries, healthcare companies had to take a step back and pave the pathway to create strategies that could help them survive the virus outbreak.  The aim is to create an environment that allows both providers and customers to engage with each other without worrying about contracting the virus. Hence, in this unprecedented new reality, healthcare organizations have developed the following measures to stay ahead of the curve.  Keep reading, and you’ll find out more about the measures! Reshaping

THE HEALTHCARE INDUSTRY IS EXPERIENCING A TRANSITION FROM VOLUME TO VALUE: UNRAVELING THE FACTS!

  The last few years have witnessed a significant change in consumer behavior. As a result, the healthcare industry is becoming more patient-centric as opposed to the traditional provider-focused model. And this is primarily the driving transformation and technological upgrades in the healthcare industry.  The industry is constantly expanding its reach and working on resolving current and future trends. For instance, better patient diagnosis and interpretation of data, the use of technology-enabled digital touchpoints to improve administrative efficiencies are some of the ways the industry is bringing in the concept of comfort and ease to enhance patient experiences.  But, what is a value-based care model? This article will help you understand every facet of value-based models and how it is helping the healthcare industry survive amidst the pandemic.  Read More :-  https://www.pukkapartners.com/insight/the-healthcare-industry-is-experiencing-a-transition-from-volume-to-value-unraveling

FUTURE OF HEALTH- ADDRESSING PRIVACY ISSUES AS A FOUNDATIONAL STEP

  What if you wake up in a world where your digital devices would tell you about supplements after carefully considering your environment, metabolism, nutrition, and stress levels? Does that sound futuristic? The way AI and ML are readily becoming an inherent part of our lives, you can expect such a scenario soon.  Who knows, there might be an AI device that will inform you about your sleep needs? Or that you might be at risk of catching the flu? Definitely, our healthcare systems are evolving and advancing into a new era where technological inventions will have a pivotal role to play in improving customer/ patient experiences.  You can expect consumers to take control of their health in more ways than one. But beneath all this excitement is a shadow that can easily overpower all these fantasies. It’s the cyber risk that comes along with all these exciting developments.  Protecting Patient’s Privacy is Not an Option Anymore Since there is a rapid transformation happening in the healthc