OCTOBER 201819 HEALTHCARE LANDSCAPE & ROADMAP TOWARDS COMPLETEBy Arun Rangamani, SVP- Analytics & Technology, SCIO Health Analyticsealthcare across developed world and par-tially in the developing world is in the midst of what industry specialists' term as the third wave of digitization. The first wave of digitization in the 1970 - 80's was instru-mental in automating functions and capturing vast amounts of patient demographic, ADT and hospital management data.The health insurance companies and hospitals used the systems to capture and centralize this patient data, and create the foundation systems in legacy applica-tions. The second wave in the 1990's and 2000's for Healthcare systems was instrumental in creation on the EHR (Electronic Health Record) in many developed countries like USA, Germany, UK and Japan; and trans-formed the how healthcare processes were re-engi-neered for optimal operational costs and efficiencies.Third Wave & Effect on HealthcareThe third wave of digitization is currently on, with fo-cus on introducing the digital networks and services to individual patients, and the end-game is to produce im-prove healthcare outcomes, manage chronic diseases (top 4-5 of chronic conditions result in 50-60 percent Headquartered in Connecticut, USA, SCIO Health Analytics is a provider of health analytics solutions such as Healthcare Big Data Analytics, Payment Integrity, Value Based Benefit Design Analytics, Care & Health Analytics, Data Mining, DRG and Clinical AuditsCXO INSIGHTSDIGITIZATIONH
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