This improves patient-doctor interactions, resulting in better outcomes. In other words, EHR systems act like a GPS, helping doctors and care teams navigate patient care more efficiently. It’s clear their real capabilities are still just at the tip of the iceberg.Īs technology progresses to incorporate artificial intelligence and big data into healthcare, the point of care for patients will likely extend beyond the four walls of a doctor’s office and out into the world. Today, EHRs are a massive industry: the global market was worth $23.6 billion in 2016, and it’s expected to reach close to $33.3 billion by 2023. A New Direction for Patient CareĮnter electronic health records (EHRs) – platforms used to conveniently store a patient’s health information and offer all sorts of services, from scheduling appointments and consultations to identifying patients at risk and guiding care decisions.Īn improvement on physical paper charts, EHRs allow a patient’s medical history to be shared securely and instantly across different settings.įirst conceived in 2009 under the Obama administration’s Health Information Technology for Economic and Clinical Health (HITECH) act, EHRs have rapidly evolved as they’ve been implemented in the industry, with 87% office-based doctors nationwide relying on the system.
Between 20, hospitals lost $6.8 billion in operating income – that’s an average decline of nearly 40% in just two years.
60% of doctors feel that visits are too short to treat patients effectively.Īdding to these challenges, the healthcare industry is grappling with significant amounts of technological change, while also trying to keep costs in check. 40% of doctors feel that their work pace is chaotic. 63% of patients forget to adhere to medications. 25% of Americans have multiple chronic conditions. Patients today have more complex needs and wants, while physicians are struggling to keep up. At a CrossroadsĪs it stands, the current healthcare industry faces several challenges. Today’s infographic comes to us from Publicis Health, and it demonstrates how electronic health records are an important piece in the puzzle to improve experiences for patients and providers alike. Read more of the report’s most significant findings in the infographic.Electronic Health Records as a GPS for HealthcareĪs patients are bombarded with more choice and information than ever, the burdened health system seems to lack the appropriate support to manage increasing demands for personalized and convenient care. Payers, specifically, are realizing a return on their investment with AI/ML: Nearly half of respondents reported a significant return, while most of the remaining majority broke even.Īdditionally, 68% of health systems believe in investments in AI/ML will need to grow in order to meet enterprise goals, and four in 10 patients see AI/ML as beneficial to humanity. Utilization of AI/ML initiatives across the healthcare industry remains in the early stages, but some stakeholders are starting to see the benefits. For instance, 86% of women think healthcare is too expensive, but only 74% of men agree, while 84% of those making less than $25,000 felt healthcare costs are too expensive compared to 75% of those making more than $100,000. While most patients would agree that healthcare costs are too expensive, there are certain demographic groups that feel it more than others. Payers continue to see healthcare costs rise, 90% of respondents expect healthcare costs to rise over the next few years. Conversely, 51% said their practices are “somewhat stable” and 19% said their practices are “highly stable.” When it comes to financial health, one in 10 clinicians see their practices in an unstable financial position. Additionally, 64% of payers reported an accelerated adoption of digital health initiatives coming out of COVID-19. 
In terms of digital health, most health systems have digital programs, but opportunities still exist to accelerate and expand-4% of health systems reported that they haven’t even begun to develop a digital presence yet.Ĭlinicians largely agree that digital health tools are here to stay, as evidenced by the fact that 52% of patients have had at least one telehealth visit in the last 12 months. The report focuses on three main areas: digital health, financial health, and artificial intelligence (AI) and machine learning (ML). To gain such insight, HIMSS, along with its Trust partners-Accenture, The Chartis Group and ZS-surveyed more than 2,700 stakeholders, including patients, clinicians, health systems and payer organizations during March and April of 2021. The State of Healthcare Report unveiled the disparities, challenges and opportunities of the healthcare industry and its stakeholders today.
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