Home » The Benefits of Implementing IoT in the Healthcare Industry

The Benefits of Implementing IoT in the Healthcare Industry

Posted in IOT

Last Updated | May 26, 2022

An Overview: How Can The Internet Of Things (IoT) Benefit Healthcare Institutions?

What we are nearing is a world in which most people cannot afford basic healthcare, a big segment of society will become unproductive due to old age, and people will be more susceptible to chronic disease. Isn’t this, as we suspected, the end of the world? Whatever the case may be, IoT app development can help.

While technology cannot prevent the populace from ageing or remove chronic diseases overnight, it can make healthcare more accessible by providing people with cost-effective medical services.

Medical diagnostics account for a significant portion of hospital costs. Medical checkups can be moved from a hospital (hospital-centric) to the patient’s home using technology (home-centric).

The correct patient outcomes will result in lower hospitalisation costs. The Internet of Things (IoT), a new paradigm, has broad applications in a variety of fields, including healthcare.

The full implementation of this paradigm in healthcare is a shared goal, as it allows medical service providers to work more efficiently and patients to receive better care. There are numerous advantages to using this technology-based healthcare strategy, including improved treatment quality and efficiency, as well as improved health for aged patients.

Why Do Healthcare Institutions Need To Implement IoT?

The advantages and positive effects of the Internet of Things in healthcare are diverse and varied:

  • Improved patient convenience and comfort result in higher patient satisfaction and quicker healing periods.
  • Internet of Things (IoT) healthcare gadgets, wearable technology, and data access enable physicians to better monitor patients and give more informed therapy.
  • IoT security systems improve patient, physician, and staff safety.
  • Sanitation systems using UV light keep places clean and prevent disease.

Future-proofing is another advantage of IoT – based smart hospital technologies. Although creating an Embedded system, installing devices, and educating members of staff on software systems requires an initial cost, the benefit grows with time. It’s simple to integrate new IoT solutions like HL7 integration and Cerner HL7 integration, as they’re produced once an IoT ecosystem is in place. With the help of medical device integration companies, smart hospitals with IoT capabilities will be years ahead of similar institutions that do not use IoT devices and solutions.

The Top 3 Benefits Of Healthcare IoT

Benefit # 1 End-To-End Connectivity and Affordability With the support of healthcare mobility solutions and other innovative IoT technologies, as well as next-generation healthcare facilities, IoT can streamline patient care workflow. Interoperability, AI-based machine-to-machine connection, information exchange, and data transfers are all benefits of the Internet of Things in healthcare.

Healthcare workers can transform the way they notice illness and ailments in patients using connectivity protocols such as Bluetooth LE, Wi-Fi, Z-wave, ZigBee, and other modern protocols. They can also invent novel ways of treating patients across several healthcare professions.

As a result of the technology-driven setup, healthcare costs are reduced by reducing unnecessary visits, leveraging higher-quality resources, and enhancing resource allocation and planning.

  • Benefit # 2 Remote Medical Assistance

Patients can use sophisticated mobile apps to contact a doctor thousands of kilometres away in an emergency. With healthcare mobility solutions, doctors may assess patients and diagnose illnesses while on the go.

Moreover, many IoT-based healthcare delivery chains are planning to construct machines that may distribute drugs based on the patient’s prescription and affliction data available through linked devices. IoT, such as Allscripts EMR solutions, will improve hospital patient care. As a result, people’s healthcare costs will be reduced.

  • Benefit # 3 Simultaneous reporting and monitoring

In the event of a medical emergency such as heart failure, diabetes, or asthma attacks, remote health monitoring through smart connected devices can save lives.

Connected medical devices could collect medical and other required health data and use the smartphone’s data connection to transfer information obtained to a physician or a cloud platform when real-time monitoring of the health condition is in place via a smart medical device connected to a smartphone app.

According to a study conducted by the Center for Connected Health Policy, remote patient monitoring reduced 30-day readmission rates for heart failure patients by 50%. Blood pressure, oxygen, blood sugar levels, weight, and ECGs are all collected and transmitted by the IoT device.

These data are saved in the cloud and can be shared with an authorised person, such as a physician, your insurance company, a collaborating health firm, or an external consultant, who can access the information regardless of their location, time, or device.

How Folio3 is using IoT to Change Healthcare?

Folio3 is a prominent vendor of IoT solutions. By helping enterprises to offer breakthrough IOT-powered products, we enable them to connect and expand efficiently. Our IoT app development helps businesses close the gap between both the physical and digital worlds by providing an entirely new experience. In our brilliant development team, we are delighted to have some of the best IOT services engineers who are focusing on innovative development and design. Companies can prosper by altering their systems and processes, network infrastructure, and operational models with the Internet of Things services. Our experienced team has built end-to-end internet of things solutions for a variety of IoT projects. Folio3 provides a full range of IoT services, including consultancy, development, and integration.

Why Healthcare Institutions Need To Invest In IoT?

More integrated approaches and benefits are sought within the broader linked healthcare and eHealth picture, including significance for the so-called Internet of Healthcare Things (IoHT) or Internet of Medical Things (IoMT) (IoMT). The years 2017-2022 will be crucial in this transformation, with significant developments expected before 2020.

The Internet of Things is a vital component in the digitalization of the healthcare business, and numerous stakeholders are stepping up their efforts. From 2017 to 2022, development in IoT healthcare apps is expected to increase.

Furthermore, consumers’ health awareness and involvement are growing, demand for remote and home options is increasing, various healthcare ecosystem participants are developing unique techniques and partnerships, and healthcare cost reduction remains a top priority, coupled with better quality care. In all of these sectors, a more integrated and IoT-enabled electronic healthcare approach is critical.

Given the industry-wide focus on value-based care in healthcare, health executives must make a substantial investment to promote their cloud transition plan. For example, the Epic EHR integration was designed to assist doctors and other healthcare workers (insurance agents, pharmacists) in properly managing electronic health records and tracking any information connected to a patient’s health. Furthermore, the Epic HL7 interface is a set of worldwide standards that establishes guidelines for data transfer and interchange among local hospitals and other healthcare providers.

healthcare organizations, like those in many other businesses, prioritise consistency, data availability, and streamlining, but they also face the issue of ROI. To achieve meaningful ROI, health executives and their stakeholders must develop a cloud strategy that considers the full picture, not just single-speciality requirements. Cloud healthcare solution professionals should consider these requirements and obstacles when developing cloud-native solutions that can handle current issues while also adapting to meet future requirements.

The healthcare industry generates 30% of global data volume, and the compound annual growth rate of information for health care will reach 36% by 2025, according to a prior piece. The data’s storage and transport requirements alone are enormous, necessitating scalable, secure solutions.

More importantly, finding solutions to use data in ways that benefit healthcare will necessitate adherence to market and government norms. This includes the simplicity with which data can be shared and collaborated on, as well as truly useful insights that promote process improvement and organizational efficiency.

This lays the groundwork for applying breakthrough AI and machine learning technologies to population health, bringing healthcare closer to the long-awaited holy grail of significant care. It is vital that we, as an industry, adhere to these standards in order to provide the best possible service to our clients and their patients, as well as to guarantee the long-term success of our operations.

As healthcare companies turn to the cloud to meet their needs and plan for the future, they need to seek for strategies and processes that can provide an early return on investment, as well as flexibility and performance.

Investing today in developing a successful strategy is a vital first step toward utilizing future technology. Medical imaging is an important part of providing good quality patient care that affects practically every aspect of the business. The utilization of cloud-native technologies to drive advancements incorporating image analysis across the healthcare IT space will be critical to attaining improved clinical and financial outcomes as healthcare moves toward greater automation, data sharing, and collaboration.

How Hospitals Are Using IoT To Improve Patient Care?s

IoT technology improves patient-doctor communication through remote monitoring and online consultations; it enables hospitals to track personnel and patients, and IoT healthcare devices make chronic illness management easier. It minimizes inefficiency and errors; it optimises the pharmaceutical production process that can lead to lower drug prices; it retains quality assurance and maintains sensitive items while they’re in transit, and it can even reduce healthcare costs and improve the efficiency of the overall process.

Aside from that, with a Salesforce Health Cloud EHR integration, clinicians can combine data from all patient interactions, gain a holistic perspective of the patient, and create a linked healthcare experience.

Healthcare providers can now practise outside of a clinic or hospital thanks to the Internet of Things. IoT devices may remotely monitor patients’ vital signs, securely transfer and receive sensitive data, monitor equipment like MRIs, and even help patients track their own health via wearable gadgets. By 2022, the global IoT medical industry is estimated to reach a value of $158 billion.

Ways That Patients Can Benefit From IoT-Connected Devices

To comprehend what the Internet of Things (IoT) entails as a whole, as well as how healthcare IoT devices must be monitored and controlled, you must first comprehend the diverse methods by which the IoT devices could be used for healthcare. While remote patient monitoring—that is, IoT devices that collect patient data such as heart rate and body temperature—is the most well-known example of IoT in healthcare, there are numerous other applications.

Here are five ways the Internet of Things is transforming healthcare, as well as how using IoT devices for medical purposes affects IoT security.

Medical Monitoring Devices

IoT devices provide a slew of new ways for healthcare providers to keep track of patients, as well as for patients to keep track of themselves. As a result, the various wearable IoT devices offer a variety of benefits and challenges for both healthcare providers and patients.

  • Heart-Rate Monitoring

Monitoring heart rhythms, like glucose, can be difficult, even for individuals who are in healthcare facilities. Periodic heart rate checks cannot protect against rapid heart rate changes, and traditional hospital technologies for continuous cardiac monitoring require patients to be permanently tied to wired machines, limiting their movement.

  • Remote Patient Monitoring

The most popular use of IoT devices in healthcare is remote patient monitoring. IoT devices can collect health indicators such as heart rate, blood pressure, temperature, and more from patients who are not physically available in a healthcare facility, removing the need for patients to travel to providers or collect data themselves.

When an IoT device captures patient data, it sends it to a software application where it may be seen by healthcare professionals and/or patients. Algorithms can be used to analyse data and make treatment recommendations or alarms. An IoT sensor that detects a patient’s exceptionally low heart rate, for example, may send out an alarm so that medical personnel can intervene.

  • Depression and Anxiety Monitoring

Another sort of information that has historically been difficult to gather constantly is information about depressive symptoms and patients’ general mood. Healthcare practitioners could ask patients how they were feeling on a regular basis, but they couldn’t predict unexpected mood swings. Patients frequently do not appropriately report their feelings.

IoT devices that are “Mood-aware” can help with these issues. Devices can infer information about a patient’s mental state by gathering and analyzing information such as heart rate and blood pressure. Sophisticated IoT devices for mood assessment can even track data like a patient’s eye movement.

The main problem is that measurements like these can’t accurately anticipate anxiety and depression or other indications of concern. A typical in-person mental examination, on the other hand, cannot.

  • Ingestible Sensors

Data collection from within the human body is usually a dirty and disruptive process. With ingestible sensors, data from the digestive and other systems may be collected in a far less invasive manner. They can tell you about your stomach’s PH levels or help you find the source of internal injuries.

These gadgets have to be small enough to have been easily ingested. They should be able to disintegrate or travel cleanly through the human body. A number of businesses are working on ingestible sensors that suit these requirements.

  • Connected Contact Lenses

Smart contact lenses offer yet another approach to collecting health data in a non-intrusive, passive manner. They could also feature micro cameras that allow wearers to snap images with their eyes, that is probably why Google has patented integrated contact lenses. Smart lenses promise to transform human eyes into a significant tool for digital interactions, whether they’re utilised to improve the health status or for other objectives.

Heart rate monitoring is now possible with a range of small IoT devices, allowing patients to roam around freely while their hearts are constantly monitored. Although achieving ultra-accurate readings remains a challenge, most current equipment may achieve accuracy rates of around 90% or higher.

The Healthcare Industry Is Ripe For Change: How IoT Can Help By Folio3?

Understanding and applying macro-scale health trends to personal health treatments is critical at Folio3. We anticipate seeing a continued emphasis on individualised, consumer-driven healthcare, aided by data and analytics-driven tools.

More multidisciplinary service from teams that are working together towards the main objective: happier and healthier patients will be required as the push toward true “health” care becomes more proactive and compassionate. To accommodate this level of expanded collaboration and uncover places of efficiency, the linked health market would have to develop.

IoT platforms provide a link between data networks and sensors on connected devices, allowing the IoT device to receive data and information via a safe internet transfer protocol. Our skilled development team at Folio3 provides smooth Internet of Things services utilising the leading IOT platforms:

  • iOS HomeKit platform
  • Google’s Nest platform
  • Samsung’s SmartThings platform
  • IBM Watson IoT Services
  • Microsoft IoT Services
  • Amazon IoT Services
  • IFTTT

FAQs how can iot benefit the healthcare industry

List the 5 Killer Apps of the Internet of Things in Healthcare?

The Internet of Things (IoT) is an alias for the internet of things, which has enormous promise for the healthcare business (IoT). This industry’s devices and software improve healthcare, relieve medical personnel’s workloads, and enable the patients to receive treatment at home or away from hospitals.

Here’s a list of 5 IoT-enabled apps that could power the healthcare market discussed in this article above.

  1. QardioCore,
  2. Zanthion
  3. ScreenCloud
  4. Up by Jawbone
  5. Sensor Metrix

Healthcare organizations are using IoT to provide better patient care?

IoT assists doctors and healthcare professionals in providing the best possible patient care. It establishes a centralised data system in a hospital in which all the activities are digitally recorded, and it can also be utilised to solve problems during the COVID-19 Pandemic. During difficult circumstances, the IoT technological tools can easily assess patient health and make precise decisions. It notifies about any upcoming ailments and offers an alternative for their avoidance by making this study possible for the health state. For example, it aids in the early diagnosis of an asthma attack as well as the timely administration of treatment.

How IoT can help healthcare institutions save money?

The benefits of wearables, implantables, and other IoT tools may accrue more quickly if healthcare practitioners can create significant methods to add value to the relationship between patients and healthcare professionals or the patient experience. However, because the Internet of Things ecosystem is still in its early stages, the healthcare industry will have to wait and see whether IoT devices can become a substantial cost-cutting asset.

Forward-thinking healthcare practitioners may be able to use these technologies to benefit their patients if they can first solve some basic health record management and data management challenges. According to a new analysis by Strategy Analytics, the Internet of Things could save providers nearly a quarter -25%, of their business costs.

Contact Us