| |JULY 20228AI, CLOUD COMPUTING AND IOT FOR HEALTHCARE IN INDIA & THE PATH AHEADBy Dr. Kanav Kahol, CEO, DIVOC Health & Pink Tech DesignH ealthcare is one of the fastest growing sectors in India and it is relatively offering a lower priced treatment options that provide a great opportunity for the growth of various segments across the industry ­ medical devices, pharmaceutical man-ufacturers and healthcare providers.COVID pandemic has put technology front and centre as relating to healthcare. They say in healthcare it takes a generation for a technology to be adopted. This was certainly true in the past but now with a rapidly changing world, use of technologies has become critical to delivering quality healthcare. At one end lies using telemedicine to enable care and at the other end we have use of AI to help in drug discovery. The field of medical informatics has been leading the charge for the past few years in slowly assimilating technology into healthcare. Time has come to accelerate these efforts.According to a PwC report - reincarnating the possibility in the Indian healthcare ecosystem with emerging technologies, the Indian healthcare sector has made substantial progress, especially in the last decade. Between 2000 and 2014, there was a 370 percent hike in health expenditure from the government in its strive to improve public health delivery. Moreover, the Union Budget 2018 allocated 3,073 crore INR for creating a digital economy with emerging technologies like Internet of Things (IoT), Artificial Intelligence (AI), Blockchain and 3D printing, to build a modern technology outlook in healthcare delivery and improve productivity and efficiency by minimising human intervention in electronic medical records(EMRs)/hospital information systems (HISs)/enterprise resource planning (ERP). Our governments digitization plan explicitly includes healthcare and with Ayushman Bharat technology is needed to ensure equitable access and prevent fraudulent billing. Companies such as PinkTech Design and Nuverse are developing AI and IOT based tools for Ayushman Bharat. This just shows that we are at the beginning of acceleration of healthtech revolution.Digital Innovation & TransformationMajor advances in wireless technology and computing power are driving the pace of digital health care innovations and are impacting both clinical and business operations. Machine learning, robotic process automation (RPA), Artificial Intelligence (AI) predictive tools and cloud-based software-as-a-service (SaaS) are being leveraged heavily to improve the healthcare infrastructure. Additionally, better data access and data sharing are improving self-service, personalisation, diagnosis and patient experience. The scope of technological advancements in healthcare is wider than we can imagine, for instance, Blockchain has the potential to enhance trust, collaboration and traceability across a range of segments such as supply chain management, clinical trials, financial transactions and claims processing.It is evident that technology is rev-olutionising the healthcare system in India. Several cutting-edge and ideat-INDUSTRY INSIGHTSKanav Kahol, CEO
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