What's Holding Back Digital Transformation in Healthcare?

Abstract

Today’s healthcare companies use technology in multiple ways. These include using technologies to improve their interactions with patients and ecosystem partners and reduce costs, all the while capturing real time data. Companies acknowledge the shift toward evidence-based medicine and are constantly exploring ways to use data to personalize healthcare. Although most life science companies have now embraced the idea of leveraging digital health technologies to go “beyond the pill”, many companies have still not integrated technology into the core of their businesses [1]. There are 4 main challenges that companies need to address to enable digital transformation in healthcare and transition towards health equity.