The life sciences and the pharmaceutical industry have always been in the throes of change—be it a radical medical breakthrough or a unique product and service innovation driving the wave of digital transformation.
More than 60% of healthcare IT leaders say a key part of their organization’s digital transformation consists of transitioning their business operations to the cloud, according to a recent survey by Healthcare Triangle (HCTI).
By 2025, experts expect the healthcare cloud computing market to reach $64.7 billion as organizations seek to improve operational and clinical efficiencies. The business case for moving to the cloud is clear. To achieve digital transformation—which involves automation—the cloud is the best place to implement artificial intelligence, machine learning, robotic process automation, and more.
In October 2021, a ransomware attack compromised the insurance, diagnosis, treatment and other protected health information (PHI) of some 400,000 patients of a women’s health clinic in Los Angeles. The same month, hackers broke into the computer systems of a Florida-based healthcare network, compromising the PHI of some 1.3 million members.
According to a recent Healthcare Triangle survey, two out of three healthcare executives strive to digitally transform their healthcare organization primarily to improve the patient experience. Unfortunately, according to the same survey, some two-thirds of respondents who say they have a documented strategy for digital transformation believe they don’t have enough resources to implement it. The biggest obstacles: lack of staff resources (49%) and cost (about 25%).
