Technology is making a strong impact on several industries. It is making life easier and helping in managing tasks efficiently. Right from entertainment to banking and logistics to healthcare, technology is delivering better results. The healthcare sector is making the best use of technology and delivering effective patient outcomes. Technology is reshaping the healthcare department and reducing workload, thus accelerating the performance.
According to experts, the healthcare market would grow at a CAGR of 5.8% to reach over $20 billion by 2025. Many healthcare software solutions are being launched every day to make the healthcare industry more impactful. But developing a healthcare software solution is different from the process of traditional software. A healthcare software solution requires the understanding and implementation of technology.
Let us delve deeper and know how they are different from each other.
What Do You Understand By Traditional Software Development?
As the name implies, it refers to the development process where simple software is designed. This process is used when advanced technology like security is not important.
Traditional methods are not efficient because, with a slight change in technology, you need to set a meeting to improve it. It is majorly used by beginners to develop the software and consists of 5 phases - requirement analysis, design, implementation, coding and testing, and maintenance.
In traditional software development, the development cost is less using methodology and provides less functionality in the software. In this methodology, testing is done after the development phase is completed.
Developing Effective Healthcare Software Solutions
The way to good healthcare can be defined by adopting the trends of effective healthcare management solutions and patient engagement. The Healthcare industry is experiencing important changes with the technology in the patient and provider segments.
Effective healthcare solutions mean the development of dynamic solutions with advanced technology. The healthcare industry adopts advanced technology with healthcare software development. According to reports, the market value of healthcare software can reach around $30 billion by 2023.
Various Types of Healthcare Software Solutions
1. Electronic Health Recording Software
It contains information about patients and comprises their medical history, laboratory results, allergies, and more. The survey found that the EHR market worth would cross $40 billion in 2024. It cuts additional costs and enhances patient care. EHR
shares electronic information with patients and healthcare professionals.
Furthermore, it helps in promoting complete documentation and streamlined coding and billing. It reduces costs, improves safety, and reduces duplication. It gives better healthcare by enhancing the aspects of patient care, efficiency, and patient-centeredness. It betters health by increasing physical activity and better nutrition.
2. E-Prescribing Software
is the process of sending the prescription order electronically. It improves accuracy and delivers better results as there is no need to write a prescription manually. It consists of connected networks in healthcare to support patients.
From submissions to sending coupons to the pharmacies, the prescribing helps patients get the medications needed in less time. With e-prescribing, you can send multiple prescriptions at the same time. Also, through a cloud-based patient portal, the patients are followed for their treatment and other support.
It gives instant notification of allergies and offers full insights into patients' health. The system alerts prescribers of potential drug interactions and also of duplicate theories. According to the FDA, over 90000 prescription drug errors have been noticed. By using e-prescription, the prescribers and the person who handles the prescription are assured of correct medication.
Also, some prescribing software sends controlled substances to the pharmacies. It increases the workflow and convenience for patients and healthcare experts. E-prescriptions track data from multiple pharmacies and make functioning easier. Another benefit of using e-prescribing is that prescribers can view the patient’s medication files when needed. Sometimes paper prescriptions are easy to misplace and can't be easily ready by the pharmacists.
E-prescriptions are easy to read and can be tracked later. When you have accurate prescriptions in hand, it saves time, and you don't have to call doctors to verify orders. Not all, but the majority of e-prescribing software makes it easier for prescribers to select from generic medicines that cover the patient's insurance.
3. Medical practice management software
It is believed that medical practice management software
is expected to grow at a CAGR of nearly 8% by 2021. It is the category of healthcare software that manages the day to day operations of medical practice, including Veterinarians.
This kind of software captures patient demographics, performs billing tasks, and maintains a list of insurance payors. The majority of PMS software is designed for small to medium-sized medical offices. It is divided into client-server software, desktop software, and internet-based software.
These types differ in several ways. PMS is connected to EMR systems. The integration of EMR and PMS is the challenging aspect of medical practice management software implementation. PMS allows users to schedule and track patient appointments and process insurance. It also includes scheduling components and allows the staff to keep track of patients visits.
4. Hospital Management Software
This software manages the medical staff and billing details. It helps in improving efficiency and aims to manage the aspect of hospital administration. It allows healthcare experts to focus more on patients and thus deliver better results. Today, the healthcare organization that is fully automated is gaining patient attraction.
The benefits of online hospital management software are easy to access records, no record duplicacy, instant information, and enhanced hospital administrations. MoCDoC, Attune, Suvarna HIS are common examples of hospital management software.
Every hospital organization can do work effectively; however, dependency on the manual process could result in errors. To keep organizations productive, every hospital should opt for HSM tools. According to a survey, the hospital management software market is expected to see a growth of 12% from 2018 to 2026.
5. Urgent Care Apps
Urgent care apps can be accessed remotely. These apps allow users to connect with registered healthcare experts who can answer related questions.
The urgent care apps have shown an increase in their demand due to the rise in smartphones. They are divided based on region and area. The clinical area covered in the study includes stroke, trauma, and other medical conditions.
Today, healthcare is a booming sector. Like other industries, healthcare organizations consisting of automated systems and delivering better patient results are making a strong impact on the industry. Both traditional and effective healthcare software have their benefits and limitations.