At present, every industry is seen making the most in the ever-changing digital era and our healthcare industry is no exception. The rise in technology, it’s only the beginning of endless possibilities and opportunities.
Speaking of which, I recently happened to stumble upon an interesting post related to What is healthcare SaaS apps that say By using innovations like AI, IoT, and cloud computing, the world has witnessed a significant reduction in the transmission of vicious diseases leading to speedy disaster recovery as well as enhanced patient treatment, real-time diagnosis, and care. One of the main ways of doing this is by using healthcare-based SaaS apps. Well, the following post acts as a short guide on SaaS that must be taken into consideration if you are dealing with today's healthcare industry, challenges and issues.
Chronic illness and vicious diseases cannot be stopped, at any rate, this is something we witnessed back at the time of COVID-19 but what we also witnessed was that there is always a solution around especially with the help of technological advancements. Choosing as well as using the right technology has the potential to revolutionize the medical industry in a plethora of ways. And healthcare SaaS is one of them.
According to several sources, the healthcare computing market is expected to grow at a pretty fanatic pace and reach around $64.7 billion by the year 2025. So it’s a pretty lucrative field with a CAGR of around 18.7% and one must definitely not take this opportunity lightly. Now can you recall the time when cloud services were just introduced? Well, I clearly remember how fascinated I was back then. After that, there was also a phase when healthcare software-as-a-service (SaaS) applications faced a wide range of issues and backlashes mainly due to security reasons. Fortunately, more and more safe places have been invented since then and that’s the reason why healthcare organizations as well as end users have started acknowledging these technological changes. Some of the common apps that have created a great difference include EMR, EHR, PACS, telehealth, RCM, billing, supply chain and the list goes on.
Are you ready to explore the fastest-growing vertical?
There is no denying the fact that the future of the healthcare industry is pretty bright and rosy, all thanks to the ever-changing digital technology. In fact, more and more healthcare professionals, doctors, and nurses are found making the most out of this software and solutions by enhancing their procedures and boosting their overall productivity and efficiency. Now Software-as-a-service is basically a delivery model where software is licensed on a subscription basis. Now SaaS is pretty different from PaaS and IaaS. Paas is platform-as-a-service enabling organizations to develop customized apps in a pretty short span of time whereas IaaS is infrastructure-as-a-service that offers cloud-based alternatives that are best in regards to scalability and flexibility.
Apart from streamlining workflow, SaaS is pretty in vogue due to its HIPAA Compliant nature. The need for HIPAA compliance was created because of the frequent sharing of electronic medical information and records. SaaS-enabled healthcare organizations handle lots and lots of patient data among each and every healthcare professional involved including patients, physicians, nurses, and doctors, within the organization as well as externally so that these professionals always remain well-updated on the situation at hand.
Further, I would like to mention the significance of using SaaS solutions within the healthcare industry.
Initially, you may not agree with me but if you take a look at the overall scenario, SaaS solutions are pretty cost-effective because here one no longer has to deal with aspects such as maintenance or installation of the software. Yes, you read it pretty right, these solutions can be easily modified and that’s the reason why they turn out to be the best fit for the healthcare industry. You see no unexpected events or incidents can wipe out years of hard work and records.
High-end security
Obviously, security breaches are happening day in and day out and that’s the reason why more and more healthcare organizations have started to consider using technological solutions that are best in regard to security and SaaS solutions are one of those. SaaS more than often reduces all the risks especially in regard to all the information, data, and confidential medical records. You see exchanging data between on-premises private cloud and Amazon web services is pretty easy, doable, and safe.
Amazing flexibility and scalability
Another crucial reason that makes healthcare SaaS worth considering is the amount of scalability and flexibility it offers. In the end, it’s all about delivering the best possible services and meeting the needs of the patients and that is what’s done by using SaaS solutions. Now much like every industry even the healthcare industry keeps on changing every now and then and to keep up with these changes you need software and solutions that offer great scalability and flexibility of adding or reducing software or devices as the need arises.
Further below I would like to mention some of the best Healthcare SaaS trends worth considering.
One of the most amazing and intimidating trends worth considering is AI-based solutions. Now, this is quite a known fact that artificial intelligence is pretty much in demand, especially among numerous mainstream industries. Now when it comes to the healthcare industry, by integrating artificial intelligence with other SaaS platforms, you can have different software solutions that are autonomous and self-learning. Not just artificial intelligence, but natural language processing, and machine learning, when all three combined have the potential to create magic like never before.
You see these technologies are mainly used to parse all the relevant data and detect patterns to process a large amount of data and analyze it and make necessary decisions within the nick of time. In fact, by integration of AI, ML, and NLP, all these software can act according to the situation. That’s the reason why these technologies are called smart.
By incorporating AI in Healthcare SaaS, all the security breaches related concerns can be resolved. The software can easily detect patterns and potential threats within the time being. NLP is highly recommended for voice command and human speech patterns. Moreover, this software can assist well in addressing different client needs and personalization. And of course, one should never forget AI-enabled SaaS can offer accurate predictions and result in quick decision-making.
Security
Another basic yet crucial SaaS trend to take into account is high-end security. With the rise in healthcare technology, more and more data is transferred and that’s where the breach happens. According to several types of research, it has been proven that using multiple clouds is way safer and great in terms of security. Not to mention here the chances of security complexities are pretty less. Of course, other than opting for a Healthcare SaaS solution you can consider several measures to tighten the overall security of your healthcare organization such as:
Keeping your staff updated as well as educated
Keeping all electronic devices safe and secure
Opting for seamless data encryption
Make sure that all types of devices such as blood-pressure monitors, X-ray machines, tablets, and smartphones are connected to a separate network
Try using strong authentication
Take backup on a regular basis
Vertical SaaS
Another exciting trend to catch up on is vertical SaaS. Now, what’s the difference between vertical SaaS and horizontal SaaS? Well, horizontal SaaS is something that can be adopted in any industry and sector whereas vertical SaaS mainly focuses on a specific industry such as healthcare. By incorporating vertical SaaS as a trend, healthcare organizations are found focusing on different concerns and offer customized solutions that fit right according to the needs of both healthcare organizations as well as end users. Sooner or later the significance of vertical SaaS will be growing across the globe. Some of the best examples of vertical SaaS solutions are healthcare BI software, modern logistic analytics, retail analytics and a lot more!
So now enough is said about the Healthcare SaaS platform, now it’s time to leverage the technology called healthcare SaaS solutions. I hope you did find the following post worth considering. In case you still find any confusion or issues regarding the same, feel free to mention them in the comment section below