The need for personalized healthcare
For healthcare organizations, the challenge of providing patient-centered care amid ever-increasing costs has never been greater. Inefficiencies are driving up operational expenses while reducing reimbursements and revenue. The lack of personalized care can lead to unnecessary or ineffective treatments and even costly readmittances. And keeping health information secure and private adds yet another burden to the bottom line.
But while the challenges are great, so are the opportunities. Technology presents an extraordinary opportunity to reshape the healthcare industry with tools that can help organizations manage data, optimize workflows, and increase clinical effectiveness. Digital innovations such as artificial intelligence (AI) and machine learning (ML) have already set the course for a revolutionary new era of personalized medicine. And the explosion in virtual care options, such as telehealth, attests to the desire of clinicians and patients for more efficient, personalized experiences, often at lower costs.