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Top Healthcare Predictions for 2019 – Part 3

2019 will be a year of value-based care as we will see the ‘outcomes-based care’ focus to globalize. By triggering maturation of risk-sharing in solution contracting between providers and drug/device original equipment manufacturers (OEMs),this will drive business value for providers.For the upcoming 2019 elections in emerging markets such as Asia, Africa and, Central and Eastern European countries, access to affordable and quality care will be key political agendas. Top predictions for global healthcare 2019 are as follows:

Analytics shifts from Big Data to Meaningful Small Data by Hospital Specialty

We can expect a high number of specialty-specific analytics solutions gaining prominence among providers striving to investigate drug utilization, treatment variability, clinical trial eligibility, billing discrepancy, and self-care program attribution specific to major chronic conditions as the healthcare industry gets comfortable with data management workflows. By the end of this year, almost 50% of all healthcare companies are expected to have resources dedicated to accessing, sharing, and analyzing real-world evidence for use across their organizations. The primary goals for providers leveraging analytics capabilities and healthcare payers will include identify and coerce to best treatment pathways (lowest cost, best outcomes), population health management (Identify at-risk individuals), and operational automation by patients, payers, physicians, and procedures moving forward.The convergence of AI and analytics capabilities will also continue to advance augmented analytics capabilities to mainstream adoption in the next 2-3 years’ time frame.

Healthcare will be a dominant vertical in voice applications

With specialized players such as Nuance, Orbita and leading tech companies (Amazon, Apple, Google, and Microsoft) catching on with targeted voice technologies suited for healthcare industry use cases, healthcare is at a tipping point with voice technology. This year, it is anticipated that HIPAA-compliant voice and chatbot applications for healthcare will gain prominence as these tech titans aggressively compete on voice solutions. The current maturity of voice technologies however makes it suitable for limited voice-enabled applications (quick medical scribes and transcription speech-based guided interactions etc.), but not well-suited to conveying lengthy pieces of information. In the near future, voice technology’s use in elderly care, chronic condition management, physician’s assistant etc. will provide growth opportunities.

Keep watching this space for more.

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