How the IoT Helps Reduce eHealthcare Costs

The Internet of Things (IoT) has been around for nearly two decades with all its prospective ideas, research projects and fresh solutions. It has already been implemented in such industries as manufacturing, weather forecast and most importantly eHealth. More areas of life and work are being covered by the IoT devices every year decreasing risks of human error in traffic and construction with more to come in future.

Quite a few companies keep pace with the times turning up a few leaps ahead of their competition by applying the IoT in their daily operation for the sake of not only cutting costs, but also customer experience optimization, growth stimulation and reducing various risks. Among them is a well-known KUKA Systems Group that built a new automated factory connecting over 60 thousand devices and robots with a central system. All of that was linked to backend monitoring systems of the plant. As a result, the entire system quickly adapts to changes in production demands and with a streamlined management environment, a new powerful access to data provided for KUKA is driving effective conceptions into the factory operations on a permanent basis.

Are you looking to build an IoT solution for eHealthcare?

Yet, probably the most important area of life – eHealthcare - has been through a lot in North America, and even though it has really strong positive sides, certain issues have been developing for years now with seemingly no unique solution in sight. One of the main concerns in healthcare today is its costs on the actual service that are being calculated over and over again without any consolation. It is time and money-consuming and human factor induces additional risks in prompt treatment. Therefore smart automatization may be the answer to most of these problems and the IoT solutions have already been playing their part in improving current situation for millions of patients and doctors. For instance, different wearables measuring heart rate, blood pressure, sugar levels in blood etc. and conveying this data through cloud-based applications straight to the doctor’s office within fractures of time, have already been on the market for a while, helping out thousands of users to prevent serious medical conditions entirely or catch them at an early stage phase.

What also matters a lot these days is the cost of eHealth software development. By having the ability to drive down costs of medical solution development, healthcare organizations / providers can optimize their cost level and add more robust features to their offering. For instance, one of our clients, a US-headquartered manufacturer of smart solutions for heart health, weight and blood pressure control, has managed to save up to 50% of their software development budget by using our offshore delivery capabilities!

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Baby monitors, modern super-functional prostheses, smart surgical instruments that can never make a mistake and many more IoT inventions do not only ease our daily life, but reduce costs on treatment whenever preventive measures are successful, diminish required number of human care resources and shortening doctor-patient real time communication by hours, sometimes days while simultaneously increasing its sufficiency through vital data exchange, which allows for continual monitoring of patient’s condition.

Examples of the IoT opportunities for cost saving in digital health:

  • Text reminders / push notifications based on patient's unique post-treatment care plan
  • Applications that guide patients through their personalized care plans
  • Alerts for caregivers regarding critical deadlines, upcoming appointments, etc
  • Apps for doctors that take advantage of mountains for data generated by telemedicine solutions used within the hospital / healthcare organization

These and other apps allow for the improved recovery and early detection of complications, which leads to significant cost saving through reduced hospital readmissions. Further, building IoT solutions to enable preimplantation genetic diagnosis (PGD) can help deter hospital readmissions that cost the U.S. healthcare system $17.5 billion annually.

With that in mind, resourceful medical software development companies carry on with their IoT research and don’t stop producing quicker, more secure and better functional devices, implementing incredible ideas into life that only yesterday seemed impossible.

Beware, people – the era of robots comprehensively talking to each other is advancing!

I’m a freelance Copywriter whose career started nearly 15 years ago as an English teacher turning into a Sales associate/Account manager and ending up writing from home for over 4 years now. I believe it is vital for a versatile professional to constantly develop various skills, thus I’m always open and excited for new projects.

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