Prime View The 10 most prominent healthcare companies_primevi | Page 4

EDITOR’S NOTE      www.primeview.co DECEMBER - 2018 The Most Prominent Healthcare Companies in 2018. Samuel George GESCO HEALTHCARE 2018 is totally favorable year for the healthcare industry as millions of patients are acknowledged with their foremost online video consultation in absence of doctor, while on the other side lot of them are able to utilize their mobile phones as diagnostic tools. In the forthcoming years, healthcare industry is anticipated to become more self-sufficient and stable, coupled with full-fledged incorporation of technology into every facet. This includes inner-workings or attaining valuable perspective from real-time data analytics. The positivity that healthcare industry is carrying will result in a domino effect to other growing industry which includes banking industry, healthcare suppliers and vendors, and insurance industry. The most benefited sector from these positive trends will be the healthcare customers, as surgeons, visit-by-visit and shift-by-shift doctors and other critical clinicians are expected to leverage technology to aid their patients lead better as well as healthier lives. This year has been full of impactful trends of healthcare industry, which will also affect the coming next couple of years. The first and foremost critical trending trend is unveiling if new drugs pricing models. With the growing usage of social media, customer’s feedback matters a lot to even industry giants, customers exhibit clearly what they feel about the rising drug prices and high-deductible healthcare plans. Therefore, in the upcoming years, there will be escalated governmental regulation to curb the high drug prices. In the years to come, collaborations among clinics, hospitals and other medium to top tier health systems will develop higher consumer interest and enhance services for patients. As abundant independent firms partner and merge their way in the direction of industry consolidation. Along with that, it is envisioned to have a rapid up surge in the case of advanced technology being incorporated to cater the patients. Other crucial step in healthcare industry is Go Mobile. As there is higher adoption of health app is recorded, which is shifting the fashion of physically going to hospitals, to operating things through mobile apps. With the statistics, there is observation made which says patients are not only using smart watch or smartphones but they are also receiving expert diagnosis from remote proximities. As technology adoption is growing exponentially in the healthcare industry, it rises the concerns of hacking due to the lack of security measures which restricts half of the population from trying out novel healthcare devices. This leads to escalation of security for all new generation equipment coupled with best-in-class network architectural services. The chief dilemma encountered by healthcare providers has always been delivering the best possible outcomes while keeping the rates affordable or cost-effective. In the future ahead, soaring budget pressure on clinics and hospitals is expected to see them response positively and come up with some out-of-the-box innovative ways to offer quality healthcare. Happy reading Prime View Magazine [email protected]