The 10 Most Recommended Pharma & Life Sciences Solution providers in 2019

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PHARMA
echnology is changing every industry in significant
Tways. No one can dispute technology’s ability to
enable us all to live longer and healthier lives.
From surgical robots to “smart hospitals,” the digital
transformation is revolutionizing pharma and healthcare
industry.
While talking about digitalization, a point which needs to
be clarified is that it isn’t just about automation of process
or job or even new technology. It is much bigger and more
fundamental than that. Digital transformation is about using
digital technologies and data to fulfil the need of the
consumer.
Data visualization to increase accessibility
WAYS IN WHICH
DIGITALIZATION
IS TRANSFORMING
HEALTHCARE AND
INDUSTRY
Financial transparency:
Technology helps people in getting information about
healthcare expenses. Till now, if the patient was getting
treated, it was often unclear whether the procedures being
done are actually necessary or not. But, now the patients
and their family are well aware of the treatments. There’s
also a lack of consistency for health care treatments, the
same services and procedures vary in cost from state to
state, sometimes even from one hospital to the next. In
many cases, patients don’t know how much a procedure
costs until it’s done and they’ve received the bill.
Healthcare cost sometimes leads to personal bankruptcy.
Digital transformation is helping the system to improve the
overall patient experience.
Data visualization isn’t just any art, it’s grounded in real
results and industry findings. With the new technology, the
way people access and process information are changing.
For example, smart health monitors that can collect
personalized, real-time data, encouraging healthier
lifestyles help in gathering more lifestyle data, and medical
records. Comparing the responses of patients with
similarities in DNA, medical histories and lifestyle can
allow us to understand health risks and the impact of
different treatments. This sharing of data-based intelligence
if done in a tangible and accessible way, not just helps the
scientifically-minded people but also helps the border
audience.
Access to a wide range of medical products
The medical product information is easily accessiable
nowadays, it is no more limited to pathways of pharma
companies and the secrecy no longer exists. Information
about every medicinal product is available on the internet.
Patients and consumers can easily find various ways to cure
there condition through the internet. They can even find the
alternatives to drugs without spending a penny.
Digitalization streamlines the process for efficiency:
Future-forward technologies like AI that can make some of
the major complex kind of decisions using in-depth data
and analytical calculations are transforming strategic
processes as we know them.
Increasing channel of communication:
Earlier if a patient had any healthcare concerns they used to
rush to the hospital. However, with a growing digital
presence, patients now explore the internet for hospital
sites, e-mailers to connect to the doctor. Other than this,
patients have online access to medical records which they
can share with their doctors.
Digital transformation is an ongoing journey that requires
putting the consumer at the centre of your business. It has
created a whole new realm of possibility for the consumer,
specifically with the advent of smartphones and their
applications (apps). Smartphone apps are now considered
helpful in enhancing patient education, facilitating
communication and patient engagement.
APRIL 2019 |
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