HealthTech is a prominent economic sector focused on innovations in treatment, diagnosis, and data protection using technologies like AI and blockchain. Global HealthTech spending was $9.5 trillion in 2018 and is projected to reach $10.059 trillion annually by 2022. ZYMR provides various HealthTech solutions including patient and clinical apps, EHR integration, health analytics, IoT, and service orchestration. Case studies highlight a health robotic device managing medication and activities, and a solution integrating behavioral health apps with EHR systems.
3. INTRODUCTION TO HEALTHTECH
HealthTech is not confined to providing only the basic amenities and general treatment
to the patients.
Technology has entirely changed the dynamics of the HealthTech industry, and
revamped, reorganized, and redesigned it into “HealthTech”.
Countries have adopted various technological advances and the phenomenon of
electronic health records due to government incentives and regulations.
HealthTech has become one of the most prominent sectors of the economy.
4. INTRODUCTION TO HEALTHTECH
Innovations have accelerated the pace of treatment, diagnosis, and technologies to
safeguard patients’ sensitive data.
Focus has shifted on technologies like blockchain, artificial intelligence, etc., to combat
data theft, breach, and misuse.
HealthTech industry is now focusing on adhering to compliances, data privacy, and
payment mechanisms to facilitate the experiences of patients.
5. HEALTHTECH STATISTICS: 2013 to 2025
As per WHO, in 2013 global expenditure on HealthTech was around $7.6 trillion.
In 2017, the total expenditure in HealthTech was $7.724 trillion.
In 2018, expenditure on HealthTech has reached to $9.5 trillion worldwide.
In 2019, involvement of Artificial Intelligence in HealthTech industry will cross $1.7
billion mark.
As per Deloitte by 2022, the global HealthTech expenditure will reach to $10.059 trillion
with an annual rate of 5.4% from the year 2017.
By 2025, US HealthTech market alone will reach to $149.17 billion and the total
spending will reach to 20% of GDP.
6. ZYMR HEALTHTECH SOLUTIONS
Patient Apps:
- Patients can easily interact with doctors and care teams (telemed).
- Ease in accessing medical records, fixing appointments, health reports.
- Track medicine intake and behavioral health.
Clinical Apps:
- Quick access to patients’ records and health reports.
- Nurse and physicians can contact patients (telemed).
- Clinical tracking to medicine intake and behavioral health.
- DNA based disease management.
7. EHR Integration:
- Health care service orchestration.
- Patient tracking using EHR systems.
- FHIR billing resource integration.
- Epic, MEDITECH, CoCENTRIX, Practice fusion and others.
- Patient onboarding on EHR systems.
- FHIR clinical resource integration.
- Legacy EMR Integration.
Health Analytics:
- Big data analysis of HealthTech data.
- Scheded patient reports.
- Medical error reports.
- Security of EHR.
- Reporting service separated by HDO.
- Compliance reports.
- Cost-benefit reports.
ZYMR HEALTHTECH SOLUTIONS
9. CASE STUDY ONE - HEALTH ROBOTIC DEVICE
Zymr has worked upon a “Health Robotic Device”. It has been chosen as the
development partner, as it has expertise in architecting and designing cloud-based
applications.
With this face and voice recognition device, you can:
- Set your medication schedule
- Track your daily activities
- Store your pills in the device
- Find out the calories of your daily meals
- Have your medical doses on time
- Get the necessary alerts and reminders
- Share information with the clinical team
10. CASE STUDY ONE - HEALTH ROBOTIC DEVICE
The device provides the following services:
- Medication Management: It stores and reminds you about the medicines. It can
also reorder the medication, before it stock out.
- Care Plan delivery: It can deliver necessary and important instructions to the users.
The device will act as your health companion and personal health care assistant.
It always keep the patients connected with the health experts.
If you are suffering from chronic illness, this is the right device for you.
11. CASE STUDY TWO- HEALTHTECH ORCHESTRATION
Zymr has built a secure HealthTech service orchestration solution. It has enabled the
integration of the client’s behavioral health application with EHR systems of major Health
Deliver Organizations in North America.