Industry Scenario

Technology has changed the face of healthcare over the past decade, and the adoption of newer technologies is driving interesting innovations like wearable devices and more accurate disease predictive and diagnostic applications. There is immensely more value to be had thanks to technology, but the ability to leverage these innovations is limited by various technical and business driven challenges.

According to Ernst and Young, there are three key ways to identify more avenues for growth- the first being improved services that will increase value to the customer or drive down costs. Secondly, going beyond treatment, preventive diagnosis and remote patient monitoring could be the value added. This would ultimately lead to moving healthcare beyond the hospital and often in the hands of the patient themselves! It goes without saying that to develop in this direction, healthcare industry needs to focus on capital efficiency, and reduce dependence on manual processes. Becoming a data focused enterprise that leverages remote as well as real-time data to provide healthcare facilities even remotely, cutting down on infrastructure and resources costs.

In an increasingly ageing world (by 2020, the 60+ population will outnumber the under 16 levels), healthcare could become an expensive and cumbersome activity. Countries are increasingly looking for affordable healthcare tools and the smartest devices today that help save time and money are either wearable or remotely connected.



The RPM Era

Remote patient monitoring is the nextgen technology that would add value both from the care provider side as well as for the patient. The advantage it provides is all about increased interactivity of devices that allow patients to monitor their condition, share data with their care givers – especially so for chronic diseases, and help cut down drastically on hospital bills.

Data generated by diverse areas in the sector is the best source of insights for both tactical and strategic decision-making. This is an activity that can bring together data from remote monitoring devices, from analytical and diagnostic, wearable devices and integrate it with physician inputs, to help in achieving actionable intelligence for strong, clear decisions.

What the industry needs is innovative solutions and applications that can remotely monitor and pre-empt issues, based on intelligent parameters that will help in faster, remote yet real time decision. This will economise treatment, even chronic ones. At the same time, it will help retain privacy and security of patient data, and allow even geriatric care on an easier level.

How IoT and M2M Help

All these tools will benefit from an increasing utilization of IoT coupled with M2M technology. M2M technology can bring about the much needed impetus to healthcare operations going forward- helping reduce costs in the use of devices that can monitor health. It will make it much easier for patients to even personally monitor remote health systems; removing information barriers, and enhancing treatment expertise, since M2M technologies allow devices to communicate securely over networks.

Ranial’s IntelliEMS solution ensures that all security, communication and operational barriers are removed and thus all healthcare solutions can run remotely as well as onsite function like a well oiled network.

The solution does not add to the existing applications or platforms; it efficiently ensures that platforms- technology, the machines and the end user (patient/ doctor/ healthcare giver) points stay in sync, and can be integrated and analysed to create the most efficient healthcare insights for both consumer as well as enterprise usage.

How we can help? check our platforms and solutions

Have a Query?