ONLINE HEALTHCARE EDUCATION

With eLearning picking up pace, online healthcare education would play a vital role in shaping up this industry in the upcoming years. While few people argue that online healthcare education would essentially be characterized in a completely different market that of education, many others believe that the actual focus is on inexpensive service providing professionals such as nurse practitioners who study for a DNP (Doctor of Nursing Practice) online degree at a much lower cost than by joining a brick-and-mortar educational institution.

A doctor of nursing practice educated through these online courses may have the honor of being called a ‘doctor’ however they are paid much less and their license makes them eligible to undertake much of the work a higher paid doctor would have to do. This is an increasing trend in healthcare and that’s why online graduate schools are on the rise. This is really a great market trend to watch out for in 2017.

Developments in Technology

Possibly the major market to look out for in the healthcare arena is technology. With a limited number of doctors and qualified medical staffs, wearables such as fitness trackers and other related technology is a developing market that is on course to create a huge impact on the economy.

A doctor of nursing practice can get their patient’s vital health information by means of telecommunication (i.e. via a smartphone sending information to the health center) and then decide whether that patient’s health needs monitoring in a clinic or not.

Due to numerous advancements in technology, the number of patients requiring to be seen at already overbooked doctors’ offices and clinics is declining day by day. Advancements in technology are saving millions of taxpayer’s money and helps in providing superior services for patients.

HOME HEALTHCARE

The main objective of the home healthcare is to offer affordable solutions to everyone. With some hospitals charging as much as $100 for a single Band-Aid, it’s a wonder how anyone affords a hospital visit! This is where Home healthcare comes into play, it is believed to cut hospital expenditures by at least 40% to 50%. With the advancements in technology as mentioned earlier, patients can now be supervised via smart devices without burning a hole in their pocket.

There is no denying the statement that health expenses are sharply increasing and often the people can’t afford to cover all of the expenses. Individuals, insurance firms and the government are unable to cover all essential expenditures and therefore that the portion of the healthcare market that seeks to lower expenses will get plenty of attention in the years to come.

Customers, patients and medical staffs must change their outlooks to take full advantage of IoT revolutions in the healthcare industry. They also need to be provided with inventive ways to encourage a change in behaviour. And so, it will be the IoT technology companies who are capable to offer innovative, highly custom-made healthcare solutions that are both meaningful and trustworthy will become our new health advisors.

What’s your thought about the future of healthcare? Tell us in comments!