Cloud storage has allowed for seamless collaboration between multiple stakeholders within the healthcare system.
In the past decade, cloud adoption has increased exponentially and businesses across all industries have switched from legacy IT systems into the cloud. Every sector, from manufacturing to retail to eCommerce and entertainment has greatly benefited from the flexibility and scalability of the cloud. Cloud-based solutions can make a real difference in healthcare. They allow providers to provide quality, coordinated, and accessible care.
Despite increasing awareness, cloud computing has not been widely adopted in healthcare. Even today, many Indian hospitals still rely on traditional legacy systems. Different departments have their own IT systems and databases. This information silo creates communication gaps between different stakeholders (doctors and administrators, lab technicians, etc.). This creates a silo effect in hospitals, which can lead to a disjointed experience both for payers and providers.
Hospitals also face a major problem: they lack the expertise and staff needed to manage and implement their IT infrastructure. This often leads to the loss of vital patient data. These limitations require a SaaS-based solution to bring together all healthcare modules on one platform. Hospitals don't need to have different IT solutions for different purposes. You can also pay for services on an as-needed basis.
SaaS providers allow for seamless collaboration between important stakeholders. They also offer faster integration and scaleability, seamless upgrades, and greater ease-of-use at a fraction the cost of traditional IT infrastructures. The rising popularity of SaaS models within the healthcare sector is a result. It has been growing at a rapid rate of 20% per year. The global cloud computing market for healthcare will reach $51.9 billion by 2024. Cloud technology has been proven to be valuable by the COVID-19 healthcare crisis, which further encouraged the adoption of SaaS-based models.
Why is healthcare shifting to SaaS-based solutions?
SaaS-based cloud providers have many advantages over traditional on-premise systems. These include lower costs, better data security and interoperability, as well as greater information sharing and access. Let's look at how hospitals can benefit from moving to a cloud infrastructure as healthcare organizations become more aware of it.
Increased data privacy and security
Healthcare data is being compromised. 90% of healthcare organizations have experienced at least one data breach in the past year. Cloud-based services are needed to address rising incidents of healthcare data breaches. Many Indian hospitals don't follow data security standards. This is because healthcare professionals aren't well-versed in cybersecurity. They also forget to set up and maintain firewalls. A cloud-based IT infrastructure provides greater data integrity than local servers and can make hospitals less vulnerable to cyberattacks. SaaS providers also ensure that their cloud solutions can be monitored by highly-trained professionals. This guarantees data privacy and security.
Increased agility
The performance of legacy IT systems suffers as transactions increase. This issue can be solved by adding more servers. However, it can be time-consuming as well as exorbitant. Native cloud SaaS architects can adapt to changing needs and grow or shrink according to the hour. Both software applications and deployments must be built on microservices-based architecture (i.e. cloud. Hospitals are one
Better patient care through greater collaboration
Cloud storage has allowed for seamless collaboration between multiple stakeholders within the healthcare system. Cloud-based medical records make it much easier for healthcare professionals to share and view patient data, including his past medical records, in a more collaborative manner. Cloud technologies also allow healthcare providers to exchange insights, see the interactions between patients and their previous doctors, and tailor care to each patient.
Lower IT costs
Cloud-based solutions are more affordable than traditional IT infrastructures because there is no upfront capital investment. Healthcare providers pay only for what they use. SaaS providers typically take care of maintenance and upkeep costs for cloud servers. This allows healthcare organizations to reduce unnecessary expenses that can arise from maintaining a legacy system. SaaS vendors have the ability to create an unrestricted ecosystem by connecting with other SaaS software vendors, such as IoT devices and healthcare AI. This is not possible with legacy systems.
Increased innovation
Cloud technology's ability to boost business innovation is often overlooked. This is one of its greatest advantages. Cloud technology can be a key component in driving innovation. Cloud technology allows healthcare providers to rapidly develop new products and services, offer improved ease of use, and create an exceptional, hyper-personalized healthcare experience. Hospitals can reduce their IT costs and instead focus on product or service innovation that leads to better healthcare delivery by migrating to cloud computing.
How to overcome barriers to cloud adoption using SaaS providers
Despite recent growth, SaaS adoption continues to pick up despite challenges like shrinking healthcare budgets and increased concerns about data security, regulatory hurdles and a lack of awareness around cloud computing. Providers are still unsure about how to map these requirements onto the cloud, as healthcare organizations must meet strict privacy, security, and compliance requirements.
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New-age SaaS companies in healthtech are making a difference by helping to make a smooth, cost-effective, and fast transition to the cloud. They make cloud computing accessible to everyone, thanks to their subscription-based pricing model. SaaS providers offer convenience, agility, and cost optimization that will drive the next wave in cloud adoption in India's healthcare. This will ultimately lead to a better connected health infrastructure.
Cloud technology could be the key to healthcare in India, particularly as it is under immense pressure and has many obstacles like inadequate infrastructure, rural-urban disparity, and a siloed working structure. SaaS companies will accelerate cloud adoption and address these issues, laying the foundation for affordable quality healthcare.