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Top 7 Healthcare Industry Trends in 2018

Published: Jan 25th, 2018

Top 7 Healthcare Industry Trends in 2018

Now that mental health, affordable healthcare and global health awareness is being introduced to the mainstream healthcare, a lot has been going on in this sector. With 2018 in its prime, we can hope to see a lot many progressive steps towards good health. Thanks to new technological advances, the days of waiting for a doctor’s appointment are long gone; you can have your personal Doctor in the form of a Chatbot to do that for you!

Modern Healthcare facilities has improved the standard of living and paved the way to a healthier lifestyle. Let us explore what 2018 has in store for us in the healthcare industry and how will it impact the people involved.

Top 7 Healthcare Industry Trends to look out for:

  • Preventive healthcare plans: With the tremendous scientific development in the healthcare sector, cure for once considered incurable diseases are been discovered every day. With modern technology at its peak, studies have shown that various age groups of people are affected with diseases differently. A healthcare package that suits an individual’s requirement according to gender, age and other such factors makes it easier to understand and analyse their issues better. For example, with different preventive packages for women, like the one which includes a mammography scan, breast cancer can be detected and eliminated early.

  • Jobs in Health Care: Unbelievable growth in health care in terms of jobs was seen in 2017. With previously untouched areas of healthcare sector been explored, jobs in sectors like Physician Assistant, Dental Hygienist, Surgical Technician, Pharmacist has gone up tremendously. With the Veterinary Technician profession seeing a total growth of 41% as of January 2018, the scope of work in this field has also gone up. With people no longer shying from exploring new fields of opportunities in healthcare which is different from the conventional fields, the Job sector in Healthcare has definitely boomed and will remain so in 2018 and years ahead.

  • Raising Drug Prices: One of the health care issue about which seemingly all Americans agree: Prescription drug prices have skyrocketed, and they keep going higher. Pfizer, one of the world's premier biopharmaceutical companies has raised the price of nearly 100 drugs by an average of 20% by the end of 2017. The practice of increasing drug rates twice a year by 10% in January and the same again in June used to be normal in pharmaceuticals industry, but following backlash from political leaders, there has been heated debates and arguments to scrap the same, we hope 2018 brings in some good news with decrease in prices of unavoidable drugs.

  • Chatbots and Apps - the new personal Doctor: Chatbots are basically a service, powered by Artificial Intelligence (Al) that interacts with the general public via the chat interface, hence the name. Chatbot, unlike humans, is a machine, thus there are no chances for the machine to take a break or be away from their seat and miss any inquiry posted by a customer online. Thus the chances of a communication being missed are totally eliminated. Chatbots are programmed in such a way as to respond to customers queries immediately, making it a hit among the healthcare sectors where it is not always feasible to take appointments and visit a doctor.

    With various Healthcare Apps tracking daily health, counting steps, calories intake and even water consumed everyday on various gadgets like smart phones and smart watches, has helped make life easy and healthy.

  • Mental Wellness as a mainstream healthcare: Gone are the days when mental health was laughed upon and dismissed as a thing a person is “imagining”. According to studies- Approximately 1 in 5 adults in the U.S. i.e. approximately 43.8 million people, experiences mental illness in a given year.

    Mental health consists of emotional, psychological, and social well-being of a person. It affects how we think, feel, and behave. With increasing awareness, people with serious mental illnesses (SMI), including depression, bipolar disorder, PTSD, schizophrenia, autism, Alzheimer and other such conditions have a better chance at healthcare and counselling then it was a few years back. This definitely is a positive approach towards bringing Mental Health to the mainstream.

  • Low-Cost healthcare around the world: Healthcare being a primary focus of the countries worldwide, affordable and accessible healthcare is the need of the hour. Leading the battle is UN’s World Health Organization (WHO), prioritizes women and child healthcare, nutrition and prevention of venereal diseases in developing countries.

    With the eradication of deadly diseases like Tuberculosis, Small Pox, Ebola Virus, etc. with affordable healthcare, medical sectors are working to provide best in healthcare for free or at a price that a low income family can afford easily.

  • Scientific breakthroughs: With new medical breakthroughs discovered every single day, like editing Human DNA for the first time to growing human organs artificially, 2017 has been a year of innovation and invention at its peak! With the arrival of 2018, artificial pancreas to help diabetics, pacemaker for sleep apnea and gene therapy for blindness are few of the many breakthroughs that are being explored. Another important aspect of medical healthcare, i.e. post-surgery care is also being tested for better patient care. Recent research indicates that an ERAS (“Enhanced Recovery After Surgery”) protocol that encourages regular walking reduces complication rates and speeds recovery. These protocols can reduce blood clots, nausea, infection, hospital stay and more.

Key Takeaway: With the advent of a New Year and hopes for good and effective healthcare high, we at Outsource Dataworks strongly believe that healthcare is not a commodity but a common man’s right, we also believe in the power of good healthcare providers. For more information on how to avail services on Healthcare like Medical Coding, Accounts Receivable, Medical Records Indexing, etc. contact us and get the best tailored advice made for you.

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