Digital transformation has profoundly impacted various sectors, and the healthcare industry is no exception. Supplementary health companies are facing new challenges and opportunities as technology redefines the way healthcare services are delivered. In this article, we will discuss the importance of supplementary health companies and their leaders investing time in digital transformation, using market data from reliable sources.
The Trend of Digital Transformation in Healthcare: According to the “Global Healthcare Digital Transformation Market – Growth, Trends, and Forecast (2020 – 2025)” report by ResearchAndMarkets, the global digital transformation market in healthcare is expected to grow at a compound annual growth rate of 23.3% between 2020 and 2025. This data highlights the importance for supplementary health companies to follow this trend to stay competitive.
Improving the Patient Experience: Digital transformation can significantly improve the patient experience. The implementation of electronic health records, telemedicine, and mobile apps for appointment scheduling and access to test results are examples of technologies that optimize care, providing greater convenience and efficiency to beneficiaries. According to the “Digital Health Consumer Adoption: 2019” research by Accenture, 72% of patients believe that technology plays a fundamental role in managing their own health.
Cost Reduction and Increased Efficiency: Digital transformation offers opportunities for cost reduction and increased operational efficiency. Process automation, data analysis, and the use of artificial intelligence can optimize workflows, minimize errors, and identify patterns that aid in strategic decision-making. According to McKinsey, the effective implementation of digital solutions can result in up to 25% cost savings in operational expenses for supplementary health companies.
Personalization and Precision Medicine: Digital transformation enables the personalization of healthcare. The collection and analysis of large volumes of health data allow for more precise and individualized approaches tailored to each patient’s needs. This paves the way for precision medicine, which aims to provide more effective and personalized treatments. Deloitte estimates that by 2025, precision medicine could reduce treatment costs by up to 66% in certain disease segments.
Conclusion: Digital transformation in healthcare is an unavoidable reality for supplementary health companies. The adoption of digital solutions offers clear benefits, from improving the patient experience to reducing costs and increasing efficiency. It is essential for the leaders of these companies to be aware of this transformation and invest time in this topic to remain competitive and provide quality services to beneficiaries.
By embracing digital transformation, supplementary health companies will be better positioned to meet the demands of an ever-evolving market while ensuring the satisfaction and well-being of beneficiaries.
