Is IoT in healthcare the missing link in value-based care?
IoT in healthcare enables us to connect a multitude of people, things with smart sensors (such as wearables and medical devices), and environments. Sensors in IoT devices and connected “smart” assets can capture patient vitals and other data in real time – then data analytics technologies, including machine learning and artificial intelligence (AI), can be used to realize the promise of value-based care. For example, significant value can be gained through:
Operational improvements, which boost operational efficiencies in ways that enhance quality of care while reducing costs.
Clinical improvements, which enable faster and more accurate diagnoses and a more patient-centric, scientific determination of the best therapeutic approach to support better health outcomes.