Health sector in the post-pandemic era: Changes and Innovations

The importance of healthcare to the whole economy has never been higher than it has been over the past two years, writes Gaurav Dubey

About Author: Gaurav Dubey, the CEO of LivLong, is an alumnus of the Marine Engineering and Research Institute and has experience of more than a decade and a half in the insurance sector across multiple podiums. Mr. Gaurav has efficient skills in Corporate Strategy, Technology, setting up Digital & Direct Marketing, Credit Protection & setting up of Pension fund business.

The COVID-19 pandemic served as a driver for change in public health efforts, which accelerated their adoption and implementation. As a consequence of this, the need for a new model of healthcare delivery that places a higher emphasis on preventative measures, remote care, and a major dependence on technology has been highlighted and is being worked on by both the government and commercial healthcare companies. The pandemic served as a wake-up call for many different aspects of healthcare systems, including the general level of preparation.
The importance of healthcare to the whole economy has never been higher than it has been over the past two years. Now is the time for healthcare systems to begin addressing the growing backlog of non-covid care that has to be provided. However, despite increased demands and expenses, growth in global healthcare spending will decrease to 4.1% in 2022. This will occur when countries begin to examine the economic damage that the epidemic has done.
To achieve broader economic and development goals that are in line with the United Nations Sustainable Development Goal (SDG) 3, “Good Health and Well-being,” leaders are confronted with new challenges to reduce vulnerabilities, manage sustainability, and improve the value of healthy ecosystems. These goals are in line with the Sustainable Development Goal (SDG) 3 of the United Nations. Patients and healthcare consumers increasingly view themselves as the guardians of their data and anticipate having access to healthcare on demand, regardless of location or time of day.
According to figures provided by the World Health Organization (WHO), the ratio of physicians to patients in Asia is lower than the average for the OECD, and there is a global shortage of 9 million nurses. How can forward-thinking healthcare organizations, given the constraints they face, seek operations that are more robust, agile, and sustainable to maintain continuity of care?
During the time of the outbreak, important issues included a lack of available medical services, equipment, and medications, as well as laboratory reports that were not entirely trustworthy. In those days, there was a pressing requirement for everything to be simplified, made more readily available, reduced in cost, and improved in terms of its dependability. And technology was there to lend a hand almost immediately.
Technology, which is an essential component of our day-to-day lives, has demonstrated that technology may be advantageous in terms of convenience, particularly concerning healthcare and medical facilities. This is particularly the case. Innovation is making greater efforts than it ever has before to expand its frontiers and make our lives easier. It is becoming increasingly common to provide medical care differently, one that places a larger emphasis on preventative measures makes extensive use of technology and treats patients at a distance. The following is a list of some of the most important areas in which it is anticipated that technology will improve medical care:
Concentrating on Wellness Goods Sold Over the Counter The demand for wellness products that may be purchased over the counter has increased. There is a good chance that the pandemic was a factor in the expansion of this sector, in particular for companies in the health technology industry that concentrate on the well-being of individuals.
Following the advent of virtual care, a paradigm shift toward an emphasis on quality care that is also easily accessible has been ushered in by the ability to treat patients in the privacy and convenience of their own homes. This is especially true for healthcare practitioners who, during the pandemic, were able to relocate a significant portion of their vital services from healthcare institutions into the homes of their patients. Over the next few years, it is anticipated that this trend will carry on and gain even more popularity.
Preparing the healthcare industry for the developments brought about by technology Technology is making the healthcare sector more sustainable and sophisticated, which in turn enables healthcare services to become more affordable and accessible. It is now possible to deploy a huge number of mobile-enabled devices to monitor individuals who are under quarantine and track down those who have been exposed across multiple areas and/or countries. Therefore, savings can be made in terms of both the use of human resources and the amount of time required to manually track and document the spread of infection throughout specific locations.
Unification of Healthcare and Big Technology
It has been emphasized on multiple occasions that in times of emergency, there is a need for international coordination and information exchange among competent healthcare authorities as well as the rapid deployment of professional teams on the ground. This is a necessity that must be met. Because it can be difficult to identify patients, a standardized patient administration system was designed to make things less complicated and to ensure that all data is kept in sync. The widespread adoption of this pattern didn’t start happening until the year 2017, even though major internet firms have been working for some time to promote the utilization of health technology.
Artificial Intelligence (AI) in healthcare is being used to assist health systems and practitioners in eliminating time-consuming administrative activities such as patient monitoring, scribing, and other administrative responsibilities. This convergence of health tech and big tech is similar to the convergence of health tech and big tech.
Creating a Holistic and Sustainable Healthcare System Given the amount of waste that is produced in hospitals and laboratories, proper waste management becomes a significant challenge. A reappraisal, re-envisioning, and re-invention of long-term efforts to maintain patient health outside of the clinical setting are going to be necessary as a direct result of innovation in the healthcare industry.
The realization that technologically enabled solutions may be implemented, and function well serve as a template for the further incorporation of technology of this kind into the usual design and delivery of healthcare. It is possible to attain the best results in this procedure if both patients and healthcare providers actively participate in it. However, to accomplish this goal, it is necessary to resolve the ethical, regulatory, and legal challenges that developed during the epidemic. Existing worldwide experiences lay the framework for a significant transition in healthcare that will take place after COVID-19. This change will enable systems to better prepare for widespread healthcare scares.

*The above views expressed by the author are his own.