The healthcare industry is rapidly changing due to advancements in technology, aging demographic groups and changes in the way consumers engage with healthcare providers. The rapid advancement of technology has changed the way all companies conduct business, but the effects on healthcare are particularly noticeable. These changes create both opportunities and obstacles in regards to facility operations and have contributed to new and rising trends that facility management and administrators have started adopting. Below are some of the most prominent new and rising trends in healthcare facilities’ operations.

1. IoT Devices

The rise of the Internet of Things (IoT) is apparent in nearly every sector. “Smart” devices can connect to and help control nearly any tool or appliance in homes, offices, factories, and even hospitals and healthcare facilities. Smart technology can enhance anything from monitors, equipment and testing devices to heating and air systems, security cameras, door locks and more. IoT has a lot of benefits in the healthcare industry; according to information from HealthTech, IoT implementation within a healthcare organization results in an 80% increase in innovation, a 76% increase in visibility across the organization and cost savings of 73%.

2. Telemedicine

Telemedicine is the practice of evaluating, diagnosing and treating patients remotely through telecommunications technology. It was first used in healthcare facilities to connect patients with a specialist that could not physically be on-site and has grown to be accessible by consumers, in their homes through apps on their smartphones. Telemedicine offers many benefits to consumers, but also to healthcare facilities as well. It allows facilities to operate more efficiently, cutting out travel time so that doctors and specialists being are able to see more patients in a day, reduces admissions and readmissions and cuts down on operating costs.

3. Wearable Health Technology

Wearables are a popular consumer item used to track steps taken, heart rate levels and sleep activity among other things. They also have useful applications in the healthcare industry. Doctors and nurses often use wearables to better monitor patient vitals and conditions, which can increase efficiency, reduce time spent gathering health data and allow staff to respond more quickly when patients are in need. It also makes it easier for healthcare professionals to help patients with chronic conditions by allowing them to remotely access health information whenever needed.

Of course, with any new technology, there is a risk of new security concerns. Healthcare facilities have to exercise caution when bringing new devices onto their network to avoid potential cybersecurity breaches. Healthcare facilities insurance programs such as cyber insurance can help facilities keep up with new and rising trends while properly managing their cybersecurity risks.

 

About Highland Risk Services

At Highland Risk, we use our expertise and experience to provide insurance information and programs to those who serve long-term care and senior living facilities. Since 2007, we’ve been offering insurance and risk management plans designed to help our agents give their clients the ability to achieve continued growth while simultaneously protecting against loss, containing costs and increasing profitability. With offices to serve you in Chicago, Illinois and Phoenix, Arizona, we do everything we can to make your experience with us as professional and transparent as possible. To learn more, contact us at (877) 890-9301.