Healthcare devices generate a tremendous amount of data. Too much, in the minds of some doctors, who worry the flood of information generated not only by devices in healthcare settings but also by emerging "recreational" health monitors and in-home health tech, can lead to "data overload" that will cause providers to lose the forest for the trees and misdiagnose patients. Healthcare IT professionals also fret about the challenge of storing and analyzing this fire hose-volume stream of data. And for good reason. The so-called "internet of everything" – networked products which in the healthcare field run the gamut from pacemakers to MRI machines – is expected to generate a staggering 507.5 zettabytes (that's 507.5 trillion gigabytes) of data by 2019.
Machine learning will soon give rise to true artificial intelligence (AI), and has already become an integral aspect of customer engagement innovation.
The Health 2.0 conference this year featured a panoply of digital health startups that reimagine the future of healthcare. From predicting health outcomes using genomic and environmental determinants, enhancing payments using blockchain technology, to reducing suicide by addressing mental health and loneliness issues, provider adoption remains a common challenge.
~ Authored by Regina Liang & Karolina Chachulska
Three in four adults in the U.S. do not adhere to their drug regimen as prescribed. This could mean not refilling a prescription or taking a smaller or higher dosage than necessary. Medication nonadherence impacts patient treatment and quality of care, and costs the healthcare system $300 billion annually according to PhRMA, the Pharmaceutical Research and Manufacturers of America.
Due to high out-of-pocket expenses, Americans not only delay medical
bill payments but also medical care. However not every demographic
group is affected in the same way - check out the details here:
Energy companies rank lowest for consumer satisfaction across all other industries by almost 13% according to DataMentors. With increasing competition from alternative energy resources, new entrants and disruptive technologies, utility giants desperately need to find a more consumer-friendly business model.
Topics: Energy & Sustainability
A patient averages three bill notifications before submitting a payment. These three notifications are typically delivered via paper statements, creating an expensive cost of $2.41 per patient according to SwervePay.