Due to the rapid development and maturity of digital healthcare companies, we may see at least one company becoming the dominant player in the “digital healthcare field'' in 2021.
These potential companies include Teladoc, which achieved amazing natural growth during the new crown epidemic and acquired Livongo, a chronic disease care management company, which is expected to achieve 1 billion US dollars in revenue this year. Among the large technology companies, Microsoft has made the greatest progress in digital medical technology. It provides a necessary collaboration platform for clinical document exchange and workflow, and provides video consultation functions through its Teams platform. Microsoft's Azure platform is still a leader in enterprise workloads and data analysis in the cloud. Other companies vying for a leading position in the digital healthcare field include Salesforce, Amazon and Apple.
In the new year, the development and application of some emerging technologies have a bright future.Speech recognition technology is quickly becoming the mainstream, and major companies such as Nuance, with the help of a partnership with Microsoft, are conducting more in-depth research in the field of environmental clinical computing. Artificial intelligence technology will make progress in administrative functions. Companies such as Olive are dominant in this regard. The company is a process automation company that recently acquired a unicorn position through the acquisition of Verata.
The new crown virus has led to the rise of the application of artificial intelligence technology in conversational interfaces, such as chat robots. These chat robots have become necessary tools for realizing patients' online self-help capabilities. The growth of artificial intelligence in clinical applications has been limited, partly because of the need for stricter certification. Another challenge is the highly dispersed data sources, as well as the lack of standardization and interoperability.
Several technology companies are responding to this challenge. Amazon recently launched its HealthLake, a data management service that complies with the Medical Electronic Exchange Act (HIPAA), to aggregate information into a centralized, searchable repository, and uses machine learning technology and Fast Medical Interoperability Resources (FHIR) ) To standardize it. Google has launched an application program interface (API) for natural language processing (NLP), which is part of its cloud medical application program interface work, which can obtain insights from unstructured data, and in the electronic health record system It is estimated that 80% of patient medical information is unstructured data.
Despite the amazing potential of technology-driven transformation, the profitability of telemedicine and remote patient monitoring projects still cannot be compared with face-to-face consultation. This may ultimately lead to a rapid shift to a value-based medical model and will solve key issues that hinder the medical field from fully realizing the potential of digital healthcare and digital transformation.
Finally, the main work we will see in 2021 is to reduce the "digital divide" that most affects our most vulnerable groups' access to medical services in the virtual medical era. As we rapidly transition to the digital future, some initiatives for the government to establish partnerships with the private sector will become the norm, such as the Federal Communications Commission (FCC)'s new crown virus telemedicine program, which will allocate 200 million US dollars for low income The group provides equipment, bandwidth access and data plans.
PS: From Enterprise Network D1Net
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