Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business

Healthcare IoT is growing at a rapid pace and there are many opportunities for healthcare organizations to grow their business with IoT. Implementing an IoT solution can help improve patient care, reduce costs, and increase operational efficiency.
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1. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business Phone: 404-689-3878 Atlanta, Georgia (Head Office) 7000 Central Parkway, Suite 220, Atlanta, GA 30328 Email: contactus@innoppl.com
2. Foreword Introduction to IoT in Healthcare Chapter 1: Improving patient care Chapter 2: Enhancing operational efficiency Chapter 3: Reducing medication errors Chapter 4: Preventing hospital-acquired infections Chapter 5: Reducing readmission rates Chapter 6: Managing Chronic Diseases Chapter 7: Improving Public Health Chapter 8: Connecting Patients & Providers Chapter 9: Engaging Patients In Their Own Care Chapter 10: Conclusion About Us 03 04 05 06 07 08 09 10 11 12 13 14 15
3. The healthcare industry in the US has been under immense pressure to improve patient outcomes and at the same time, control costs. The Affordable Care Act has put even more emphasis on these two factors by tying reimbursement rates to quality measures such as readmission rates and length of stay. In order to meet these challenges, healthcare organizations are turning to technology for help. Internet of Things (IoT) is one such technology that is being adopted in a big way. IoT refers to the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, and connectivity which enables these objects to connect and exchange data. According to a report by Meticulous Research, the IoT healthcare market is expected to grow to USD 322.2 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.9% during the forecast period. There are numerous ways in which IoT can be used in healthcare to drive business growth. In this eBook, we explore the top 10 ways that IoT can be used in healthcare to drive business growth. Foreword Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 3
4. Introduction to IoT in Healthcare The Internet of Things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. IoT has been around for a while now but it is only in recent years that its potential in the healthcare industry is being fully realized. There are numerous ways in which IoT can be used in healthcare to drive business growth. Here are the top 10 ways: 1. Improving patient care 2. Enhancing operational efficiency 3. Reducing medication errors 4. Preventing hospital-acquired infections 5. Reducing readmission rates 6. Managing chronic diseases 7. Improving public health 8. Connecting patients and providers 9. Engaging patients in their own care 10. Developing new business models Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 4
5. One of the most important ways in which IoT can be used in healthcare is to improve patient care. IoT devices can be used to track a patient’s vital signs and send alerts to the care team if there are any changes. This real-time data can help clinicians make better decisions about a patient’s care. For example, the Philips Lifeline AutoAlert Medical Alert System is a wearable device that automatically detects falls and sends an alert to the care team. IoT devices can also be used to monitor a patient’s compliance with their treatment plan. For example, the Propeller Health asthma management system uses sensors to track a patient’s inhaler use and provides feedback to the patient and their care team. Chapter 1: Improving patient care Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 5
6. IoT can also be used to enhance operational efficiency in healthcare organizations. For example, hospitals can use IoT-enabled asset tracking systems to track the location of medical equipment and supplies. This can help reduce the time it takes to find and retrieve these items. IoT can also be used to monitor environmental conditions in healthcare facilities. For example, the Johnson Controls Health Care IoT platform uses sensors to monitor a variety of environmental factors such as temperature, humidity, and air quality. This data can be used to optimize HVAC systems and reduce energy costs. Chapter 2: Enhancing operational efficiency Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 6
7. One of the most serious safety concerns in healthcare is medication errors. These errors can occur at any stage of the medication process, from prescribing to dispensing to administration. IoT can help reduce medication errors in a number of ways. For example, IoT-enabled medication dispensing systems can track the dispensing of medications and send alerts to the care team if there are any discrepancies. IoT-enabled medication administration systems can also be used to verify that the correct patient receives the correct medication. For example, the Philips Medication Administration Management system uses barcode scanning to verify that the correct patient receives the correct medication. Chapter 3: Reducing medication errors Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 7
8. Hospital-acquired infections are a major safety concern in healthcare. These infections can occur when patients are exposed to harmful bacteria and viruses. IoT can help prevent hospital-acquired infections in a number of ways. For example, IoT-enabled hand hygiene compliance monitoring systems can track whether clinicians are washing their hands properly and send alerts if they are not. IoT-enabled environmental monitoring systems can also be used to track the spread of harmful bacteria and viruses. For example, the Clorox Total360 system uses sensors to monitor environmental factors such as temperature, humidity, and air quality. This data can be used to identify areas of the hospital that may be at risk for infection. Chapter 4: Preventing hospital-acquired infections Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 8
9. Chapter 5: Reducing readmission rates Readmission rates are a major concern for healthcare organizations. Readmissions occur when a patient is discharged from the hospital and then returns within a short period of time. IoT can help reduce readmission rates in a number of ways. For example, IoT-enabled discharge planning systems can track a patient’s progress after they leave the hospital and send alerts to the care team if there are any issues. IoT-enabled medication management systems can also be used to ensure that patients take their medications as prescribed. For example, the Propeller Health medication management system uses sensors to track a patient’s inhaler use and provides feedback to the patient and their care team. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 9
10. Chapter 6: Managing Chronic Diseases Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 10 Chronic diseases are a major burden on the healthcare system. These diseases are often long-term and can lead to a decline in a patient’s quality of life. IoT can help manage chronic diseases in a number of ways. For example, IoT-enabled activity tracking systems can be used to track a patient’s physical activity and send alerts to the care team if there are any changes. IoT-enabled glucose monitoring systems can also be used to track a patient’s blood sugar levels and send alerts to the care team if there are any changes.
11. Chapter 7: Improving Public Health Public health is a major concern for healthcare organizations. Public health threats can include epidemics, pandemics, and bioterrorism. IoT can help improve public health in a number of ways. For example, IoT-enabled disease surveillance systems can be used to track the spread of diseases and send alerts to the public health authorities. IoT-enabled vaccine management systems can also be used to track the distribution of vaccines and ensure that they are properly stored. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 11
12. Chapter 8: Connecting Patients & Providers The healthcare system is moving towards a more connected model of care, where patients and providers are able to share data and communicate with each other. IoT can help connect patients and providers in a number of ways. For example, IoT-enabled patient portals can be used to allow patients to access their medical records and communicate with their care team. IoT-enabled telehealth systems can also be used to connect patients and providers for remote consultations. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 12
13. Chapter 9: Engaging Patients In Their Own Care Hospital operations are a major concern for healthcare organizations. Hospitals are often complex organizations with many moving parts. IoT can help engage patients in their own care in a number of ways. For example, IoT-enabled patient education systems can be used to provide patients with information about their conditions and treatment options. IoT-enabled post-discharge follow-up systems can also be used to ensure that patients are properly cared for after they leave the hospital. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 13
14. Chapter 10: Conclusion In conclusion, the Internet of Things may be a useful instrument for healthcare organizations. IoT can assist with patient care, cost savings, and operational efficiency by providing solutions for these problems. The potential advantages of IoT in healthcare are still relatively new, and there are several issues that must be addressed before it can be fully realized. However, the prospect of using IoT to improve patient care is appealing. Time will tell if IoT will live up to its potential in healthcare. But for now, it appears that IoT has the potential to be a game-changer in the healthcare industry. Top 10 Ways On How IoT Can Help You Grow Your Healthcare Business | www.innoppl.com | contactus@innoppl.com 14
15. About Us CONTACT Email : yourfriends@drupalpartners.com Atlanta 7000 Central Parkway, Suite 220, Atlanta, GA 30328 Ph : 678-648-7527 LOS ANGELES 9415 Culver Blvd, Culver City, California, 90232 Ph : 310-279-6584 12 CONTACT INNOPPL is a leading provider of healthcare technology solutions. We work with hospitals, clinics, and other healthcare organizations to provide them with the latest in IoT-enabled healthcare solutions. Our team of experienced professionals has a deep understanding of the healthcare industry. We are dedicated to helping our clients improve patient care, reduce costs, and increase operational efficiency. If you would like to learn more about our company and services, we invite you to visit our website or email us at contactus@innoppl.com. Atlanta, Georgia (Head Office) 7000 Central Parkway, Suite 220, Atlanta, GA 30328 Phone: 404-689-3878 Email: contactus@innoppl.com