Prescriptive Analytics in Healthcare – What Is It and Why Companies Should Care?
The healthcare industry across the globe is currently going through a lot of stress. The recent outbreak of COVID–19, coupled with the growing cases of chronic diseases, is adding a burden on an already overburdened healthcare system. Hospitals are scurrying to accommodate patients who need…
How Technology can Drive Population Health Management
Last year, Dr. Lee Boon Chye, the Deputy Health Minister of Malaysia, warned that over half of the adult population in the country had high cholesterol levels. He said diseases such as diabetes and hypertension are very high among Malaysians above the age of 18….
Some Mind-blowing Stats About AI and IoT in Healthcare
Cost reduction and efficient handling of data explosion are two of the key reasons for incorporating AI in enterprises, and healthcare is not an exception to the rule. According to a report by Tractica, the use of 22 healthcare AI tools will generate annual revenue of $8.6…
The Revenue Management Complexities in Hospitals
The healthcare landscape has been drastically changing in the last decade. Along with incorporating the newest technologies to drive improved quality of healthcare, hospitals also have to comply and provision for several regulations and mandates for their operations that go beyond patient care. While hospitals’…
Do Smart Hospitals Need Smart Buildings?
According to research from HIS Markit, healthcare is going to be the second-largest global market for building management system platforms and connected equipment by 2020. There will be a total consolidated revenue of about USD 1.9. Billion. The main factors for this growth are the…
What You Should Know About Malaysia’s Thriving Tech Startup Scene
Although Malaysia has been promoting startups for quite some time now, it was unable to catch up with the industry biggies of Singapore, Indonesia, and Vietnam in the startup scene. Hence, it has taken the practical decision to go one step forward and become a…
10 Brilliant Examples of Wearables in Healthcare
A survey by Accenture states that the usage of wearables by consumers has nearly quadrupled in the four years (2014-2018), from just 9% in 2014 to 33% in 2018. This can be attributed to the fact that these sophisticated, smart gadgets of the future have come a long way from…
Can Edge Computing Be A Game Changer For the Healthcare Industry?
The healthcare landscape has changed drastically over the years. Without a doubt, technology has played a vital role in enhancing and optimizing not just hospital management and operations, but also in personalizing patient care. In recent years, revolutionizing technologies such as Artificial Intelligence and IoT…
Technology Can Help Nurses Become More Effective – Here is How
There is a worrying trend in Malaysia that’s giving the government and healthcare authorities sleepless nights. According to the World Health Organization (WHO), Malaysia would need 130,000 nurses in all specializations by this year. The recommended patient-nurse ratio is 1:200. However, with less than 3,000…
How Technology can Help Hospitals In Their Sustainability Initiatives
Mark Kramer, a senior lecturer at Harvard Business School, made a compelling case about the idea of “creating shared value”, the notion of businesses reaping economic value by identifying and addressing social problems that intersect with their business. The key to creating shared value is maintaining…