Blogs

The term “value” has taken healthcare by storm and has become one of the most popular catchwords in healthcare circles. In fact, by 2017, more than one-third of all healthcare payments were already tied to an alternative payment model (APM) - a step that should be seen as a significant milestone in the industry’s shift toward value-based care. 

The Johnson’s were blessed with twins the day before; two healthy baby boys, haphazardly named Jill and John in the health records. Definitely, this marks the start of pediatric services in the family. Hospital records set for the twins hardly mark any difference, gender, weight, parents, address; all records read the same. The only visible difference is a skin allergy with the second baby.

Imagine a patient who went through a minor bypass surgery and was admitted to the hospital for 5 days. After his discharge, he religiously followed the prescription for 2 days. 

Children have entirely distinctive needs as compared to adults. Care is delivered to them in a manner entirely different than adults by care teams that hardly ever double-up as providers for the elderly.

The world of healthcare is changing, and with it, our approach to understanding the concept of patients and doctors, ways of delivering care, and building a better relationship between every member associated with it is also changing. Like other industries, healthcare is also going through a major revolution, and Artificial Intelligence (AI) stands at the core of it.

Healthcare is one of the fastest-growing segments of the digital universe, with data volumes expected to grow by 48% annually. Healthcare applications will be the principal driver of this data growth, with EHR penetration in the US already reaching over 80% and expected to reach 95% by 2020.