Web Analytics
  • Culture
      Back
      Agile Mindset

      Agile is not a principal or a method, but it’s an integral part of being Agile that is guided by principles, defined by values and manifested through various practices.

      Bacancy Values

      You add value to your customer when you deliver a product or service that has been designed specifically to solve their problem.

      Bacancy Culture

      Core Team will work as Scrum Team where Team will have quarterly goal to make sure that we run financial, administrative and project management prospective.

  • What we do
      Back
      Product Engineering

      Seize the opportunity to make your product stand out. We enable our clients

      AI & ML

      We automate businesses and optimize processes by deploying smart AI and...

      Blockchain

      Get a full spectrum of blockchain development services from us to bring scalability...

      IOT

      Improve Business Productivity and Efficiency using our high-end IOT professional services...

      Digital Transformation

      We truly become a part of your business by helping you think through the...

  • Who we work with
      Back
      Real Estate

      We can help you uncover the hidden revenue opportunities to showcase your...

      Finance & Insurance

      In the emerging technological environment, we are offering reliable banking and financial...

      Oil & Gas

      Reshape your energy landscape and gain better control by harnessing the best...

      Healthcare

      Utilizing advanced technologies to provide best software, web & mobile development services...

      Travel & Transport

      Manage your logistics and transportation business at the ease of your fingertips...

      Startups

      We can help you to build your MVP with advanced technologies....

  • About Us
      Back
      About

      Agile, A Process Delivering Values & Successful Products

      Blog

      Abstract Technology News Driven by Sources

      Career

      If you are passionate about your career, have creative flair and good craft skills, we want you!

  • Technology
      Back

      Front-End

      AngularJS ReactJS Vue.JS JavaScript Backbone.JS Ember.JS MEAN MERN

      Back-End

      Ruby on Rails Node.JS Golang Laravel PHP Python .NET Yii

      Mobile

      Android iOS React Native Flutter Ionic Kotlin

      CMS & CRM

      Spree Magento Wordpress Drupal Umbraco Woocommerce Salesforce Microsoft Dynamics 365<
      Explore All
  • Talk to Us
Talk to Us
Close
    MENU
  • Culture
    • Agile Mindset
    • Bacancy Values
    • Bacancy Culture
  • What we do
    • Product Engineering
    • AI & ML
    • Blockchain
    • IOT
    • Digital Transformation
  • Who we work with
    • Real Estate
    • Finance & Insurance
    • Oil & Gas
    • Healthcare
    • Travel & Transport
    • Startups
  • About Us
    • About
    • Blog
    • Career
  • Technology
      Front-End
    • AngularJS
    • ReactJS
    • Vue.JS
    • JavaScript
    • Backbone.JS
    • Ember.JS
    • MEAN
    • MERN
    • Back-End
    • Ruby on Rails
    • Node.JS
    • Golang
    • Laravel
    • PHP
    • Python
    • .NET
    • Yii
    • Mobile
    • Android
    • iOS
    • React Native
    • Flutter
    • Ionic
    • Kotlin
    • CMS & CRM
    • Spree
    • Magento
    • Wordpress
    • Drupal
    • Umbraco
    • Woocommerce
    • Salesforce
    • Microsoft Dynamics 365
    • Explore All
  • Contact Us
  • CLOSE

Top 10 Challenges Faced by Healthcare Service Providers

Chandresh Patel
Chandresh Patel CEO & Agile Coach
October 22, 2019 6 min read

Last Updated on February 16, 2021

Thriving in the era where nearly everything that surrounds you is technology-driven, going past them seems sturdy. As much as a user needs to be adept in using such modern technologies, companies, too, feel the need to restructure their infrastructure, turning them into ones that abide by the present-day innovative norms.

No doubt, industry 4.0 has revolutionized the entire world economy, and there isn’t a single industry that is not affected by the digitization wave. Healthcare is a huge yet sensitive sector also finds it essential to channelize their offerings in a manner that is far more optimized than the traditional ones. The rise in the economy, as well as the technology, compels the need of the healthcare sector to fine-tune their services while migrating to the digital infrastructure.

However, it is easier said than done. Definitely, technological transformations would enhance the healthcare services, but the implementation of the same opens up a plethora of challenges, companies need to deal with.

Top 10 Challenges Faced By Healthcare Company

No doubt, healthcare is one of those sectors that have never failed to impress all. Innovations have been the core of the industry, finding ways to cure diseases and in a way that is better than the existing one. However, despite such modifications, three industries still lag behind and struggle to map the existing digital scenario. Stating that professionals in the domain aren’t aware or do not consider it essential would be wrong. It is the challenges faced by the company experts that pull them back while trying to embed a whole of digital infrastructure.

While every expert has its own set of problems, here we outline the top 10 common changes, apparently each healthcare company needs to deal with when moving to the digital ecosystem

1. Efficient Data Monitoring

We are well aware of the fact that today, data holds enormous value. Data analysis is a trend, and every organization is working to integrate the idea so as to come up with better and informed decisions. When it comes to healthcare, the industry, though acknowledges the importance of data, lacks significant architecture that is capable of gathering data, sorting them, analyzing, and monitoring them. Converting raw data into a much more structured form helps analysts study & determine patterns, which further aid in informed decision making.

2. Ensuring Connectivity Across All Device’s

IoT is more of a need today. In terms of the UK Center for Healthcare Report, there are around 48% connected medical devices, and this figure is expected to rise to 68% in a span of three years. Having said that, it of huge importance that medical experts emphasize the integration of connected devices within their infrastructure.

From wearables to the smart system management software, everything is connected. In such a scenario, medical experts can remain connected with the patients for a longer time. However, for companies that plan to integrate, maintenance is a significant challenge as compared to the development and installations. And so, they need to be prepared for facing these challenges and also, to deal with them.

3. Dealing With Cost Conflict

No matter how efficient the healthcare system is, if one cannot afford it, they are as useless as a bin. Though there has been a tremendous upsurge in the manner patients are treated, the rising cost of healthcare services remains one of the most critical challenges.

The sector has experienced a considerable shift, integrating medical types of equipment and modern data machines but that is not enough. Of course, you need to have such a machine for better care, but it has to be cost-effective or one such that a human can afford. Higher prices prevent the patient’s from following up, and this is a significant drawback in the healthcare industry.

4. Security

As we saw that there is an urgent need to employ connected medical devices, such integration, if not done, skillfully might open the door for a new problem, cybersecurity. Yes, that’s right. Interconnected devices share data, and this is done on a massive scale. This data needs to be shared securely so as to prevent malicious attacks or intruder hacks.

The healthcare data breach has witnessed a sharp rise in the past decade, and it arises as a significant challenge for the healthcare companies to induce a system that is secured, safeguarding patient’s data and enabling total privacy.

5. Value-Based Payments

It is not just the medical sector that is pricey but also the pharma industry. The rising cost of medicines hinders a patient’s from being treated properly. Irrespective of the kind of disease, the middle-class people fail to afford the monthly medicinal cost, and so, it becomes essential for the industry to come up with digital payment models where patients are given financial incentives so as to cut down the higher cost of medicine as levied upon them for every purchase. One such model could be the option of paying in installments giving the patient’s the ease to pay as per their own convenience.

6. Operational Efficiency

The face of healthcare has changed. Today, professionals make use of robots to guide them or surgeries or use automated software to connect with the patient and then, deliver spontaneous care. No doubt that such an integration adds flexibility to the entire mechanism, and at the same time, enhances the quality of care rendered, but the implementation of the same is a huge challenge for the industry. Embedding a technological ecosystem means restructuring the existing one, and this requires tremendous efforts and a planned approach.

7. Mapping The Digital Ecosystem

Today, people across the globe are pacing towards a mobile-first economy. Need a cab or food or even a doctor; people prefer apps for all. Alongside the need to go digital has cut down the manual paper pen process, calling for digital documents. This again is not easy to implement.

Placing the healthcare sector under the lens, it’s time that the organizations embed automated software for patient’s data, devices for health monitoring, and wearables to keep constant track of the primary health units. Needless to state that such infrastructure comes along with a bed of features, though useful, are a challenge to implement.

8. Narcotics Management

Defining and developing strategies that help individuals fight their battle against addiction has never been easy for the healthcare industry, and challenges in this journey don’t seem to stop. With the inception of digital devices and automated systems, the need to manage opioids has dramatically risen, necessitating the need to adopt efficient ways to cope with the same.

9. Insufficient Funding

The last decade witnessed a shift in the demands of healthcare services. Meaning that the need is more than the supply, and given such a scenario, it becomes tough for the healthcare companies to adhere to the demand. In order to at least map the demand, let alone surpass, the companies need more resources. However, with limited money and a lack of sufficient funds, they fail to abide by the need and cannot render the required care.

10. Lack Of Skills

Undeniably, technology is pacing high, and so are the methods to treat diseases. However, the healthcare sector does not have skilled staff to use those technologically driven machines or devices. This creates a gap between the staff, boiling down to a challenge that the present-day healthcare organizations need to deal with.

Conclusion

Challenges though worrisome, are an opportunity for the company to work on and rise above them. They are just the roadblocks, and it’s time that the healthcare organizations move past these to upscale the industry and render better care. Leverage our custom healthcare solutions and development services to build HIPAA compliant software and products adhering to industry standards as per your geography.

Chandresh Patel
Chandresh Patel View all post
Chandresh Patel is a founder & CEO at Bacancy Technology. He is a founder of vision and mission of Bacancy Technology and constructed work ethics @bacancytech to achieve that vision and mission. He oversees Business development, day to day execution of strategic planning and also looks after customer service & delivery. He's an avid blogger and writes on the publications like Dzone, e27.co , Marketo, Smart Insights and featured in Insightssuccess.

Expand Your Digital Horizons With Us.

Start a new project or take an existing one to the next level. Get in touch to start small, scale-up, and go Agile.


Or
E-mail us : [email protected]

Your Success Is Guaranteed !


Related articles
Growth of Healthcare Industry 2
Health Care
Growth of Healthcare Industry Kindled by Cloud Solutions
November 27, 2020 by: Paridhi Wadhwani
front-end developers’ responsibility
Front EndWeb Development
Front-End Developer Responsibilities: What Does a Front-End Developer Do?
September 21, 2020 by: Kiran Bhatt
Custom healthcare software development
Health CareArtificial Intelligence
Artificial Intelligence: Healing Custom Healthcare Software Development Problems
August 11, 2020 by: Paridhi Wadhwani

Top 1% IT Talent

Bacancy Technology is an exclusive hub of top dedicated software developers, UI/UX designers, QA experts, and product managers with an incredibly rare and hidden talents you will ever come across. We let you access the top 1% IT talent from independent software developers to the fully managed teams.

Time Zone Aligned

Timezone is never a constraint when you are working with Bacancy Technology. We follow one very simple principle – our developers and your time zone. Hire dedicated software developers from us and make collaboration in a faraway to work according to your time zone, deadline, and milestone.

Experienced Team

Whether you are looking for skilled developers in emerging technologies or looking for an extended arms to augment your existing team, we can lend a helping hand in both situations. We are a full-stack software development company with 300+ skilled and experienced software developers whom you can hire at your convenience to address the ongoing business challenges

Let us help you build a modern digital business to overcome traditional culture and succeed in the age of digital transformation.

  • USA
  • Canada
  • Australia
  • India
  • UAE
  • Sweden

USA

Bacancy Technology LLC

Florida

4995 NW 72nd Ave, Suite 307 Miami, FL 33166

Phone

+1 347 441 4161

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

Canada

Bacancy Technology Inc

Toronto

71 Dawes Road, Brampton, On L6X 5N9, Toronto

Phone

+1 416 907 6738

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

Australia

Bacancy Technology

South Australia

351A Hampstead Rd, Northfield SA 5085

Phone

(02) 8005 8222

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

India

Bacancy Technology Pvt Ltd

Ahmedabad

1207-1210, Time Square, Thaltej-Shilaj Road, Ahmedabad

Pune

2nd Floor, Marisoft-1, Marigold IT Park, Pune

Phone

079- 40037674

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

UAE

Bacancy Technology

Dubai

1608 Clover Bay, Business Bay, Dubai, UAE. PO Box 62049

Phone

+1 347 441 4161

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

Sweden

Bacancy Technology

Hagersten

Junkergatan 4, 126 53 Hagersten

Phone

+1 347 441 4161

Email

[email protected]

We guarantee 100% security of your information. We will not share the details you provide above with anyone. Your email won't be used for spamming.

How Can We Help?

  • Employee
  • Brochure
  • Quality Assurance
  • Resources
  • Privacy Policy
  • Sitemap
  • Solution
  • Contact Us
DMCA.com Protection Status
Request A Free Consultation