Healthcare is among the world’s largest and fastest-growing industries. Did you know that by 2030, the global healthcare services market is expected to expand at an 8.27% annual rate, culminating in a 21.06 trillion USD valuation?
Given this, it is not difficult to see that to remain relevant and make a positive impact in this growing market, the healthcare sector must keep up with emerging trends and advances. Custom software solutions play a vital role in aiding those in healthcare in this particular context.
These custom software solutions basically function as a digital representation of the healthcare provider, allowing them to meet these shifting demands, render services to their clients better, and serve them in myriad ways compared to conventional off-the-shelf software.
But why should businesses in the healthcare sector even invest in custom healthcare software development? And what does the term entail? This article intends to shed some light on the subject, discussing it in great detail and highlighting the reasons why healthcare providers should invest in custom software solutions.
What is Custom Healthcare Software Development?
The healthcare industry is driven by digital innovation in the current digital era. In the midst of this, it faces several challenges that necessitate custom healthcare software development. It has certainly become essential for those working in the healthcare industry to innovate and adapt as more and more digital technologies like the cloud and data analytics witness widespread adoption. Here, custom healthcare software development emerges as the solution.
Custom healthcare software development is the process of designing, building, deploying, and maintaining software that addresses the unique requirements of healthcare service providers. These software solutions allow them to deliver quality patient care, work more efficiently, and optimise their key internal procedures. From managing and maintaining patient data across systems to AI-powered tools helping perform better diagnoses, there are a number of applications of custom software development in healthcare.
- Electronic medical records (EMR) or electronic health records (EHR) enable rapid and easy patient information and record sharing across numerous healthcare systems.
- Hospital management systems (HMS) or hospital information systems (HIS) help healthcare providers streamline and efficiently manage various tasks in their workflow, such as booking patient appointments, accessing medical records, and increasing overall productivity. These solutions help healthcare providers optimise various operational aspects.
- Telehealth technologies help expand access to digital patient care and improve patient outcomes through remote healthcare services, such as virtual consultations and remote patient monitoring.
- AI-powered solutions are innovative strides in the technology field. They can handle various tasks such as automation, performing patient data analysis, providing round-the-clock patient support, and even bolstering clinical decision-making.
Key Reasons Why Healthcare Providers Must Invest in Custom Software Development
While traditional, commercially available software solutions may meet some basic requirements for healthcare businesses, they often fall short of addressing all needs. This is when custom software development becomes essential, allowing healthcare providers to build unique systems and solutions that support their requirements. Here are a few reasons why custom software development in healthcare should be considered:
1. Effective Patient Data Management
Remember trawling through numerous files and papers just to get access to a specific record of a patient’s health? Well, with custom software solutions such as EMR, EHR, and hospital management systems, you can access these records much more easily.
These software solutions allow you to store, access, and review critical patient records as and when needed. In consequence, this enables more efficient access to patient data and records, ensuring accurate diagnoses, enabling clinical decision-making and care, and significantly reducing the likelihood of miscommunication due to data discrepancies or unavailability.
2. Improved Operational Efficiency
The incorporation of technology into our daily lives enables us to work more effectively and efficiently. The same principle also applies to the healthcare industry.
By having custom software built to match their unique operational requirements, healthcare service providers can enhance their operational efficiency manifold. It would enable them to divert all their focus and attention to what matters most—delivering quality patient care.
3. Augmented Diagnoses
Custom software solutions built to match the unique requirements of organisations in the healthcare sector can also help with augmented diagnoses. They equip healthcare providers with tools that enable advanced and precise medical diagnoses, helping them reduce the risk of medical errors, improve health outcomes, and make more informed decisions concerning patient care.
4. Patient Engagement & Personalised Care
Custom software empowers you to deliver personalised care to your patients. With it, medical healthcare providers can tailor treatment plans, communicate better with their patients, and maintain a close focus on their medications. These solutions also enable patients to access their individual medical records and histories easily and even book their appointments. In today’s digital era, the convenience and accessibility offered to patients via these software solutions can lead to increased satisfaction, driving enhanced engagement and patient care.
5. Enhanced Security
Cyber threats are on the rise. Astra Security estimates that cybersecurity accounts for only 4-7% of the healthcare industry's IT budget. Given this number, there is no doubt that healthcare organisations should be more laser-focused on their data safety and security.
Here, custom software solutions serve as safeguards for the organisation and healthcare providers. These software solutions are embedded with robust security measures and features, which in turn can help shield your infrastructure and sensitive patient data against unauthorised access, data leaks, and cyber threats, guaranteeing total data privacy and integrity.
6. Greater Return on Investment (ROI)
In the long run, custom software solutions for the healthcare sector can yield a sizable return on investment. Moreover, by boosting operational efficiency, enhancing patient outcomes, and delivering patient-centric, health-oriented services through these software solutions, healthcare professionals can not only benefit from excellent ROI but also secure an edge in the market.
Conclusion
One cannot stress the importance of custom healthcare software development enough. It is through these software solutions that businesses within this growing sector can deliver high-quality patient care, boost their operational processes, and establish a steady market reputation.
To keep up with the rapidly changing technological terrain, organisations in the healthcare sector must be prepared to adapt, and it goes without saying that software development is at the very forefront of digital transformation. By leveraging it effectively, healthcare providers can position themselves ahead of the curve and succeed.
How Can iFour Technolab Help You?
We at iFour Technolab, being an experienced software development company, specialise in a range of technologies and frameworks and are well-equipped to support your endeavours. We believe that using Angular for healthcare development is ideal for a number of reasons. Because of our deep-rooted expertise and experience with it, we can assist you in capitalising on its capabilities through our range of Angular development services.
If you’re on the lookout for a reliable partner to help you leverage the complete potential of custom healthcare software development for your organisation, iFour Technolab is the best choice.
Connect with us today to avail top-tier custom software development services or if you’d just like to get some questions addressed. We’d be most delighted to serve you.
