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How Healthcare Organizations Are Embracing Digital Transformation

#artificialintelligence

Healthcare organizations are now opening up to digitization to improve their efficiency, effectiveness, profitability, and competitiveness. Healthcare organizations have gone digital by adopting Electronic Medical Records (EMRs) and other digital applications that have helped hospital staff do their work easily and more efficiently, simplify inventory management, track schedules, manage patient safety, identify bottlenecks, and improve overall administration. Digital transformation also takes patient care to a new higher level, improves the quality of life and helps increase the life expectancy of people. Be it advancements in genomics or smart health monitors to telemedicine, digital transformation is making its presence in every aspect of healthcare. Analysts from a leading American multinational finance company predict that by adopting digital technologies, the healthcare sector could save about $300 billion, especially in the area of chronic diseases management just by eliminating wasteful expenses.