Track 7: Healthcare Innovations

Healthcare Innovations

Healthcare innovation can range from something as simple as changing a form to allow a patient to check out five minutes faster to something as complex as an immunotherapy that targets specific types of cancer cells. Healthcare innovations are any developments, simple or complex, that lead to improvements in health outcomes and patient experiences.

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What is healthcare innovation and why is it important?

Healthcare innovation can range from something as simple as changing a form to allow a patient to check out five minutes faster to something as complex as an immunotherapy that targets specific types of cancer cells. Healthcare innovations are any developments, simple or complex, that lead to improvements in health outcomes and patient experiences. The healthcare industry is currently facing numerous major challenges, including stringent regulations, privacy concerns, and rapidly rising costs. Many leaders and healthcare professionals are looking to new technologies and informatics to help them develop smarter healthcare delivery methods.

How does innovation drive healthcare transformation?

Many healthcare systems today are structured to provide services without regard for health outcomes. There are three ways in which innovation can assist in the transformation of those systems into what experts refer to as a learning health system (link resides outside of ibm.com) that continuously improves care.

Innovative technology in healthcare:

The evolution of how and when professionals use technology in healthcare has gone through three stages: digitization, disruption, and transformation. Digitization entailed the development of digital capabilities to support routine healthcare processes or services. CT scans and MRIs are two examples of how digitization has altered healthcare services, while digital tools such as automated billing have altered administrative processes. Finally, digitization has made it easier to store, access, and share data. Disruption is caused by newer technologies such as artificial intelligence, mobile technology, analytics, and cloud computing, which are altering how people, organizations, and governments interact.

Overcoming challenges in healthcare innovation:

New innovations in healthcare are frequently rigorously tested and gradually adopted due to strict regulations and a desire to avoid unintended harm. This methodical approach to change is understandable, but it can also be time-consuming.

One of the reasons this approach takes so long is that it can be difficult to obtain the data that researchers and innovators require to conduct thorough tests. As technology advances and healthcare data becomes more integrated and real-time accessible, the rate of innovation will almost certainly accelerate. Research will be easier and more efficient, allowing healthcare organizations to test new innovations more quickly and gather the evidence needed to incorporate them into patient care.

As healthcare leaders look for ways to solve more complex health challenges, technology and data will be critical in driving the innovations that propel modern healthcare forward.