PROCUREMENT TAX MANAGEMENT TECHNOLOGY IN THE HEALTHCARE INDUSTRY
Utilizing advanced supply chain management technology in the healthcare industry enables healthcare providers to deliver the right patients with the right product at the right time. Digital supply chain management enables healthcare organizations to improve supplier-patient connectivity, data flow and analytics, regulatory compliance and asset tracking.

A range of challenges facing healthcare providers encourage you to digitize supply chain networks, using the latest technologies in the healthcare industry. Advanced supply chain management technology will help you optimize costs, reduce unnecessary variability due to error and variability, improve patient care, participation and delivery, and address new value creation priorities.

According to reports from market researchers, global healthcare supply chain management technology is expected to reach US $ 3.3 billion in 2025 from US $ 2.2 billion in 2020.

PRIVATE ISSUES
Privacy in technology is a major concern in the healthcare industry, especially given HIPAA compliance in 2020. While patient data and information can be efficiently stored and retrieved through cloud computing, the rigorous electronic Health Protection information is difficult (ePHI) compliance.

While electronic health records and sensor networks, and advances in other technologies in the healthcare industry, are sure to improve the quality of healthcare by reducing medical errors and costs, security and related privacy are challenges. The Journal of the American Medical Informatics Association estimated that the US healthcare industry could cost about US $ 7 billion a year.

To resolve these issues, hospitals, and other healthcare providers must stop using outdated technology and adopt world - class technologies without violating HIPAA. Encryption technology in the healthcare industry is the best option and healthcare providers should start using it to ensure patient privacy.

ON, VR, AND MR IN HEALTHCARE
Virtual reality (VR) and augmented reality (AR) are important technologies in the healthcare industry to enhance and ensure the quality of teleotherapy, especially during the pandemic period. The pandemic has made these technologies more popular and the trend is expected to continue into the future as well. Both of these technologies are used in the healthcare industry to enhance patient and provider visits and even to educate medical students.

AR and VR have the potential to help stroke victims overcome deficiencies, assist with robotic surgeries, educate patients before surgeries, facilitate easy surgical planning, help patients with PTSD, and reduce anxiety in children with during a painful procedure or blood tests. Mixed reality (MR) is the mixed use of VR and MR in the patient’s healthcare process and is also very popular.

BLOCKCHAIN
Blockchain is a trend that is expected to revolutionize technology in the healthcare industry. The use of blockchain or digital ledgers will enable you to securely distribute transaction records to patients with enhanced data security. Along with other trends like cloud computing and IoMT, blockchain also offers portability, accessibility and high security. One of the biggest advantages of blockchain technology in the healthcare industry is interoperability.

As blockchain provides full visibility through a digital ledger, it enhances integrity and transparency. Blockchain technology in the healthcare industry is beneficial for handling clinical study information, consumable patient data, and patient records.

SCOPE OF BLOCKCHAIN ​​TECHNOLOGY IN THE HEALTHCARE INDUSTRY
Various statistics on blockchain technology in the healthcare industry anticipate broad scope for this technology. The global blockchain technology market in the healthcare industry is estimated to cross US500 million by 2022.