84% healthcare providers to increase digital solutions budget in next 12 months: Survey – ET HealthWorld

84% healthcare providers to increase digital solutions budget in next 12 months: Survey

Delhi: The increasing disease burden, spiralling costs and demand for quality healthcare services have placed tremendous pressure on healthcare resources. As healthcare providers strive to bring in operational efficiencies, enhance service delivery and improve health outcomes, technology is finding greater application across the value chain. With this background, Grant Thornton Bharat and the Association of Healthcare Providers (India) (AHPI) have tried to understand the healthcare providers’ and practitioners’ perspectives on leveraging technology in their report called ‘Technology transformation for future-ready healthcare.’ The survey-based report showcased that 84 per cent of respondents plan to significantly increase the budget on digital solutions and technology initiatives in the next 12 months.

“India has successfully embraced the digital mindset in the last decade and adopted digital payments and electronic currency. Our survey also reflects this sentiment, with more than 80 per cent of the respondents admitting they wanted to enhance their digital and IT infrastructure spending budget to drive better healthcare outcomes, robust governance, operational excellence and ensure compliance. The government is also giving impetus to health tech adoption through various schemes. As India moves ahead with the agenda of universal health coverage, technology will be a crucial lever to drive accessibility, availability and affordability,” said Bhanu Prakash Kalmath, Partner, Grant Thornton Bharat LLP.

According to the survey report, while planned technology spending is encouraging, cyber threats and data privacy concerns loom over. The hospital database contains confidential patient information, including medical diagnoses, treatment records and insurance information. This is a huge area of improvement and focus since, as per the survey, 66 per cent of healthcare professionals and leaders are not confident that their technology infrastructure is sufficient to prevent cyber threats. The integration of 5G across supply chains can transform this, help ease operations and lead to the seamless adoption of technology-enabled insurance-related services, device manufacturing and clinical trials.

The government has been optimistic on the prospects of telemedicine, and its free service – eSanjeevani – has witnessed success. It also launched Ayushman Bharat Digital Mission (ABDM) with a vision to create a common digital platform. Therefore, the report also touches upon investment in telemedicine infrastructure to reach a wider population, drive efficiency, enhance the patient experience, and maximise revenue. Furthermore, hospitals need to enrol in ABDM to develop an integrated digital health infrastructure and bridge the gaps in the ecosystem. The report also addresses the challenges pertaining to ABDM, which need to be taken into account for accelerating enrolment in the mission.

Key highlights from the report:

  • 40 per cent feel their technology infrastructure can ensure patient data privacy
  • 48 per cent of respondents have seen an operational efficiency gain of up to 20 per cent
  • 58 per cent have not leveraged technology to monitor compliances
  • While 62 per cent have implemented EMR, 54 per cent of respondents do not have EMR integrated with billing systems
  • 50 per cent + have highlighted that tech implementation/integration and data privacy are the two key challenges to enrol to ABDM
  • Telemedicine revenue is less than 5 per cent for 88 per cent of the respondents

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