News & Updates

DYK: Technology in the Healthcare Industry - Evolve or Die

It’s an understatement to say that the healthcare industry is slow to adopt technology.  In fact, it costs nearly $250 billion to process 30 billion healthcare transactions each year.  That is largely true because the healthcare industry is still communicating with internal and external providers through antiquated processes that include faxes, legacy electronic medical record systems, and old interfaces.  This reluctance to fully embrace new technology is related to privacy concerns.  More than 90% of healthcare practices are using cloud-based services, but 47% are not confident that they can keep data secure because they are still using manual workflow processes.* Healthcare records pass through many hands.  Advances in technology should improve processes but also provide greater information security, not less.

*Govette, Jonathan. “30 Healthcare Statistics That Keep Hospital Executives Up at Night.” ReferralMD. Web. October 12, 2017.