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Track 7: Healthcare Innovations

Track 7: Healthcare Innovations

Subs-Tracks: 
Healthcare Innovations, AI & cognitive technologies, Digital transformation, Diversity & inclusion, Innovation, Next-generation sequencing, 3D-printed devices, Immunotherapy, Artificial intelligence, Point-of-care diagnostics, Biosensors and tracker, Telehealth
What is healthcare innovation and why is it important?
Healthcare innovation can range from something as simple as changing a form to allow a patient to check out five minutes faster to something as complex as an immunotherapy that targets specific types of cancer cells. Healthcare innovations are any developments, simple or complex, that lead to improvements in health outcomes and patient experiences. The healthcare industry is currently facing numerous major challenges, including stringent regulations, privacy concerns, and rapidly rising costs. Many leaders and healthcare professionals are looking to new technologies and informatics to help them develop smarter healthcare delivery methods.
How does innovation drive healthcare transformation?

Many healthcare systems today are structured to provide services without regard for health outcomes. There are three ways in which innovation can assist in the transformation of those systems into what experts refer to as a learning health system (link resides outside of ibm.com) that continuously improves care.

Innovative technology in healthcare:

The evolution of how and when professionals use technology in healthcare has gone through three stages: digitization, disruption, and transformation. Digitization entailed the development of digital capabilities to support routine healthcare processes or services. CT scans and MRIs are two examples of how digitization has altered healthcare services, while digital tools such as automated billing have altered administrative processes. Finally, digitization has made it easier to store, access, and share data. Disruption is caused by newer technologies such as artificial intelligence, mobile technology, analytics, and cloud computing, which are altering how people, organizations, and governments interact.