HEALTHTECH TECH CHALLENGES
HealthTech continues to push the boundaries of how healthcare is
delivered and has the power to create breakthroughs in our
understanding of disease. The integration of healthcare and technology
is blurring the lines between the two, improving patient care services
while also increasing access, affordability, and cost savings. While
the Healthtech sector continues to grow, it also faces a number of
challenges that are in need for entrepreneurial minds who are
change-makers!
CHALLENGES IN NEED OF SOLUTIONS
-
EMR System
-
Most Hospitals / Clinics don’t have proper health records or
even simple tools to capture patient data, and even if these
exist, records are usually in paper form.
-
This makes it harder for healthcare systems to Identify
high-risk patients, have data-driven decision-making, generate
RWE or registries.
-
There is a clear need for simple EMR systems that can work as
plug-and-play in these accounts.
-
And a need for a solution to convert paper forms to electronic
records on a large and fast scale.
-
Patient Engagement Channels
-
Especially post-Covid, patient needs are more complex and
dynamic, where the direction of healthcare is moving towards a
mix of virtual and in-person care.
-
Large pharma companies provide patient support programs which
are mainly around affordability programs to ensure patient
access and adherence to medication.
-
But still lacking beyond-the-pill services like patient
education, dose reminders, and navigating through
reimbursement options.
-
We need to rethink how to best deliver patient information and
services.
-
While the healthcare system lacks channels of communication
for HCPs or Pharma companies with patients.
-
There is a need for solutions / platforms that connect
patients with healthcare providers, pharma companies, and
other stakeholders that address patient needs.
-
Anticipate the impact of the change in HCP engagement,
Investment allocation , other external factors over sales
progress something like Medicalytix
-
The unification and cleanup of HCP data is expected to lead to
more efficient and effective investment allocation in HCP
engagement. Will be able to better identify which HCPs are
most important to their business and allocate their resources
accordingly. This will lead to a better return on investment
for pharmaceutical companies.
-
Impact of the change on other external factors over sales
progress:
-
The unification and cleanup of HCP data is expected to have
a positive impact on sales progress. By improving the
ability to target and engage with HCPs, pharmaceutical
companies will be able to generate more leads and close more
sales.
-
Additionally, the increased efficiency and effectiveness of
HCP engagement initiatives will lead to a better return on
investment, which can be reinvested in sales and marketing
activities.