By 2020, the world healthcare-cloud computing market is expected to reach $9.48 billion from a mere $3.73 billion back in 2015. This will represent a 20.5% per annum growth rate. The cloud healthcare market will be dominated by Europe, North America, Asia and the rest of the world. The expected growth will give birth to new demands on the infrastructure used by healthcare systems to improve and maintain the access to quality healthcare services. Cloud computing has accelerated how healthcare facilities can share and use information across a vast network of virtual servers that can be accessed remotely.
Cloud computing is expected to have an impact in all sectors of the healthcare industry. The healthcare industry has migrated to the digital platform and is now collecting data in vast quantities. Cloud service providers such as Small Tree are offering healthcare data-focused services and transforming it into meaningful information. By adopting cloud technologies, the healthcare sector is set to reap numerous benefits such as lower costs for data storage, information security, and secure connectivity and access to information. In this article, we are going to discuss how cloud computing will impact the healthcare industry.
Counterfeiting and drug theft
Drug counterfeiting, theft and the sale of expired drugs are some of the most significant challenges that can be dealt with by monitoring the supply chain. Just a few months ago, the United States government passed the Drug Supply Chain Security Act popularly known as the DSCSA. This legislation will require all the players in the pharmaceutical supply chain to closely monitor and report the status of medicines during their transportation from the manufacturer to the consumer. This has led to the development of market solutions that log and monitor events in the drug supply chain where suspicious events are reported to the relevant authorities.
The privacy of personal data
The maintenance of medical records for many healthcare institutions has become a nightmare for compliance and data security regulations that have been set out by the Health Insurance Portability and Accountability Act (HIPAA). It is also quite expensive for a healthcare organization to maintain their data and information technology infrastructure where they can be directly liable to the data. When healthcare institutions incorporate cloud computing into their operations, they reduce individual liability. Cloud technology also offers access to the latest, state-of-the-art technologies in data security and information access protocols.
Uniform medical records
When a healthcare facility makes use of their Electronic Health Record or EHR system, for the storage of patient data, the consumer does not reap any benefit or access to that information. It becomes quite expensive for the care provider since they must foot the maintenance costs of their system. Moreover, it becomes hard for patients to change their healthcare provider since a facility has stored all their data since the transfer of such information is hectic. However, with cloud computing, the patient can access their health information from anywhere on their tablet or smartphone. This makes it easy for them to seek care from any other facility where they believe that they will get optimal care.