Healthcare Horizon: Business Insights in the World of Healing

With the development of many software applications and web-based platforms, it is now easy to access healthcare facilities and information electronically. Gone are the days where patients had to wait for a long time to even get an appointment. Now it is a matter of minutes to get an appointment, purchase insurance, get access to health reports and other data online.

But with the development of new and sophisticated technology, these software apps and web-based platforms face security threats along the way. Because of these security threats, there is a need to implement rules and regulations to make sure that the technology is not misused. The Health Insurance Portability and Accountability Act (HIPAA) introduced in 1996 is a standard created to ensure that the privacy and health details of the patient are safe at all times and would not be disclosed to anyone without the consent of the patient.

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Any break in the standard flow of a business can result in severe financial losses. Where do these losses stem from? One of the most expensive business interruptions is IT or system downtime. What is system downtime? It's when a technological "glitch" shuts down production. For healthcare companies, it's when servers shut down and your electronic health records become unavailable. No appointment scheduling. No access to patient records. No processing of payments.

There are some estimates that downtime costs range from $427 per minute for small businesses to as high as $9,000 for large enterprises.

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Change management models are a crucial part of any organization. Healthcare settings in particular are known to be resistant to change and have a lot on the line when it comes to implementation. In order to stay competitive, it is important to know how best to implement change management strategies that will keep your organization running smoothly and efficiently. There are many different models for change management frameworks, but which ones work the best for healthcare?

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We have compiled a list of the top HIPAA-compliant messaging apps which provide concise descriptions and key features, assisting healthcare practices and systems in maintaining patient data securely and providing a better patient experience in the ever changing nature of healthcare technology.

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There is a good chance that if patients have chosen to engage in telehealth services, they have done so due to its overall convenience. Though the level of patient care is most important, customer service plays an integral role in patient retention. This is a key metric to consider when looking at the continued growth of telehealth services across North America.

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The Personal Information Protection and Electronic Document Act (PIPEDA) is Canada's federal law on patient privacy (Canada equivalent of HIPAA). It is comparable to the Health Insurance Portability and Accountability Act (HIPAA) in the United States, however, there are a few key differences to be aware of.

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