Breakthroughs in technology has revolutionized the way healthcare is delivered. Modern technology changed the way structure and organization is seen in the medical field. Many methods allow technicians and physicians to examine the anatomy of a patient without invasive procedures. Advances in software and programs give health care professionals the chance to quickly diagnosis medical issues within patients. According to John Morrissey, “Eye-popping medical technology provides earlier diagnosis personalized treatments and a breathtaking range of other benefits for both patients and healthcare professionals.” With the innovation of diagnostic technology, advances in biomedical engineering, modern healthcare and its delivery methods are changing at increasing rates (Banova).
The completion of a SWOT analysis of Aetna revealed that the company has several strength that will help usher the company into their next phase. Aetna has a strong position in the US healthcare market and has great control over the company’s benefits and expenses and as a resulting in improved profitability. The company also has a wide and deep product portfolio and is attracting larger clients. Another advantage of Aetna is that their cost and quality focus with investments in health care technology. Although the company has several strengths it also has its weaknesses, such as low contribution of large case pension segments and overdependence on the US market.
Overall, a good idea. i. The two company’s product lines were cohesive allowing GE’s doctors access to the superior equipment to better treat diseases. ii. Revenue will grow and costs will decline as a result of more efficient processes.
Information technology is at the center of technological change and the healthcare services will be a major part of that change in an enduring way. DATA VISUALIZATION AND HEALTHCARE Introduction Data visualization is an information technology megatrend that can quite effectively inform research and strategy within the health industry. It is a disruptive technology that visually presents data in order to inspire an intuitive and deeper comprehension of complex subject matter, and relevant patterns and trends (Producer, 2013b). This enables health organizations to target research efforts and improve outcomes in services and treatment. The health industry is benefitting from the use of data visualization tools because it synthesizes vast amounts of data automatically expunging useless data.
IDENTIFY AND DESCRIBE THREE WAYS THAT TECHNOLOGY IMPACT HEALTHCARE. No doubt, technologies have played a significant role in the evolution of the American healthcare system (William, S.J & Torrens, and P.R 2009). The impact of technology in the healthcare system in the us cannot be over emphasized. The impact which includes: a. Economic: though, critics have argued that new technologies have lead to the rise in cost of healthcare, in the same token, this issue should be viewed on the other end because with the advent of new technologies, some healthcare cost are cost reducing.
Public health within the United Kingdom has drastically improved since the times of the 19th and 20th century this can be explained by the increase to the socio-economic status of the country. With this increase this has then allowed for the development and research on certain diseases and illness onhow they can then limit or abolish them; in order for them to no longer exist. The health within the United Kingdom has also increased due to free access to health care due to the National Health Service being set up; but also it is due to there being a larger quantity of trained staff that is now able to treat or help give knowledge to individuals on certain conditions. However there are also a number of factors which can influence the pattern of health within this country and these are; socio-economic, environmental, lifestyle, genetic and government policies. Socio-economic factors within the United Kingdom refer to the hierarchy that the individual obtains through factors such as social class, gender and education.
The more precise codes will also result in accurate payment for new procedures, fewer rejected and fraudulent claims, better understanding of new procedures and improved disease management. A plethora of benefits will be gained as a result of ICD-10 implementation, but this will require significant business process & systems changes that capture and report these
But understanding technology has been a real problem due to the fact that technology is always changing and evolving. This leads to more funds being put into training the staff and physicians to learn how to operate these machines effectively. It also doesn’t help that as the technology evolves, it becomes more expensive. Todd C. Linden, MHA, FACHE, President & CEO of Grinnell Regional Medical Center stated that CT scanners which made thicker slices of section of the diagnostic area of the body have been upgraded to produce thinner slices of sections. The prices of these technology advances have increased from a couple of hundred thousands of dollars to multi-million dollar pieces of equipments.
Many different companies are implementing new technological processes in order to increase productivity and areas. The healthcare industry is no different. Healthcare facilities are constantly looking for or thinking of ways to increase quality and quantity in care and that is why a large amount of facilities are converting to Electronic Medical Records (EMR). Any electronic system will have its advantages and disadvantages, but with the implementation of EMR systems within medical facilities, there seems to be more benefits for the patient and caregiver than drawbacks. There’s an abundance of advantages when utilizing EMR in a facility, ranging from patient safety and security, decline in medical errors, cost efficiency and etc.
Proposed Healthcare Policy The most important healthcare policies in the world is an increase in life expectancy by people. People are living longer and healthier for several reasons. One reason is that technology has made medicine better and improved the quality of medical care people receive. One improved quality of medical care is the advancements that medical machines such as MRI, x-rays, and others have made to diagnose patients quicker that helps to treat them better. People used to have to wait several days or weeks to get results which are available now in a few minutes.