Outsourcing is Making Healthcare Softwares More Patient-centric
Outsourcing is a practice whereby certain activities are delegated to outside resources instead of using internal resources. Outsourcing is now a common practice in almost all industries. In terms of technology, the development of software applications is the most often outsourced IT function. The global pandemic has returned our attention to the health system as many healthcare facilities are operating at full capacity, facing many challenges including excess patient monitoring requirements, shortages of supplies, and changing clinical / staffing needs.
Healthtech organizations around the world are facing unprecedented challenges due to COVID19. The current situation has enhanced the need for technology-based healthcare systems capable of supporting physicians who treat their patients remotely, and healthcare professionals to digitally monitor the health and progress of their patients. According to the “Market Research Engine” report, the global healthcare IT outsourcing market is expected to grow up to US$ 62.37 Billion by 2026, at a CAGR of about 8.05% during the forecast period.
With the emergence of the Covid19 pandemic, three response phases of the health system have begun: react, recover and renew. Software companies are now eager to expand into new industries in 2022 and beyond, to support these responses and make it more patient-centric with healthcare marketing, patient engagement, patient monitoring, mobile health, precision medicine, etc. Technology and talents will therefore be the driving force behind the rehabilitation phase of the healthcare system.
As the digitalization of the healthcare sector (Why the rise of telehealth service will improve healthcare?) is underway, software development companies are working with medical companies to help them reinvent their operations with custom healthcare software development and establish reliable software.
Traditional and Custom Healthcare Software Development: Traditional software development is the process of simple software development where it does not involve the integration of advanced technologies. It offers simple, non-dynamic solutions. While the custom healthcare software solution is all about developing dynamic solutions intact with all cutting edge technology. Therefore, healthtech leaders need to assess and make the most of next-generation technologies, and outsourcing (Why outsourcing is a requirement in the post-pandemic world?) will enable them to innovate and advance technologically.
According to a Deloitte survey, 32% of surveyed organizations are planning to implement customer experience (CX) and user-centric design through outsourcing in 2022.
6 Reasons to Outsource Custom Healthcare Software Development in 2022
It’s a win-win situation when businesses save money by hiring a dedicated team and service providers who put their expertise and experience to work. The remote team creates smart websites and health application development to deliver cost-effective treatments and real-time data. With artificial intelligence (AI) (Why AI is a necessity in healthcare?) and other innovative approaches, healthtech companies will benefit from the rapid processing of patient data.
Big Data Analytics in Healthcare to Substantiate Need of Outsourcing
Rising pressure on healthcare companies to reduce increasing healthcare costs, increasing investments in research and development, and growing demand for niche medical services are some of the key motivators for the global healthcare outsourcing market which will facilitate the outsourcing practice in 2022 and beyond.
Some of the most common services outsourced by healthcare firms include IT and billing services and scarcity of expertise in this field of healthcare and unavailability of competent service providers will further enhance the dependency on offshore partners.
Another major breakthrough will be in big data that has the potential to enhance and revolutionize medical care research and practices which will consequently allow companies to accumulate, analyze, absorb, and manage huge volumes of structured, disparate, and unstructured medical data. Researches (according to Verified Market Research) show that expected investments (USD 73.87% billion by 2026) in big data will increase and this will ultimately beget the need for outsourcing as talent acquisition in analytics and data involves a large investment.
Techment Technology proves to be an innovative partner when it comes to providing a seamless experience in critical requirements in healthcare. We choose to strike a balance between industries and concerned users in our software solutions. For custom and efficient healthcare software development, get in touch with us.
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