Cloud computing is all the talk of the town, especially in the healthcare industry. The adoption of this cutting-edge technological innovation has been accelerating at a breakneck speed. According to the latest report, the global market for cloud technology in healthcare would reach $64.7 billion by 2025.

However, the rationale for its recent exponential expansion is straightforward. If healthcare organizations used to be merely service providers, they’ve evolved into truly progressive institutions that rely on their IT infrastructure and departments to improve clinical, administrative, and financial insights. This aids them in making well-informed decisions.

Cloud technology has become critical to driving efficiency and improving patient care as patient expectations change with each passing day, and new payment mechanisms are introduced to the equation.

Because of the fast adoption of cloud technology in healthcare, several things have become possible.

Reduced Data Storage Costs

Most cloud platforms provide superior infrastructure and services than healthcare facilities’ own on-premise storage systems.

Renting data center rack space would be a fraction of the expense of setting up and maintaining an in-house system of this scale. There are also significant cost savings on technical updates, staff, and licenses.

On-premise data centers require not just a one-time hardware investment but also ongoing costs for operating physical servers, spaces, and cooling equipment, among other things.

Robust Security of Sensitive Patient Data

In recent years, cyber-attacks and thefts have become more prevalent in the healthcare industry. Now is the moment for practices and hospitals to implement enhanced security policies to protect sensitive patient information.

Healthcare executives are rushing to adopt hybrid cloud environments, which combine the advantages of both private and public cloud to obtain optimum compliance, security, flexibility, and simplicity of application migration.

Several cloud providers now provide compliance with the Health Insurance Portability and Accountability Act (HIPAA).

Choosing a HIPAA-compliant cloud solution will help ensure that your sensitive patient data is always safeguarded and adheres to HIPAA regulations. This can assist you in avoiding paying hefty fines and keeping your facility’s reputation respectable.

Substantial Collaboration between Care Teams

COVID-19 has been a public health emergency in the United States since last year. Since the pandemic hit, the increasing adoption of collaboration tools like video conferencing and business messaging has presented an enormous opportunity for positively influencing healthcare teams and leadership. The cloud-based software that enables these apps enhances clinical workflow and improves patient care, regardless of where doctors or patients are physically located.

Thanks to recent advancements in cloud technology, the data generated from remote patient monitoring devices can now be uploaded to the healthcare facility’s dedicated cloud server or the user’s private centralized cloud. The platform then stores all of the monitored data, which can be retrieved by medical personnel for evaluation throughout treatment.

An Integrated and Efficient Methodology to Patient Care

The use of cloud storage for storing information from electronic health record systems (EHRs) has revolutionized collaborative patient care, making it easier for care providers and their staff to retrieve patient data at any time and from any location.

The majority of cloud platforms also provide essential security features like multi-factor authentication (MFA) and access controls, which can give patients more sense of security while sharing credit card or social security numbers (SSNs).

Web-based software also facilitates physicians, staff, and patients to use patient portals and mobile health apps to get crucial health information like lab test results, medication reminders, and activity trackers.

Wrapping Up

Overall, cloud computing has provided us with an unprecedented opportunity to create value-based, patient-centered healthcare in real life. The benefits listed above are merely a tiny part of cloud technology’s true potential. Only those forward-thinking healthcare leaders who are willing to embrace technology will be able to see how much more it has in store for the industry.