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8 Major Medical Industry Offerings Affecting Every Global Citizen in 2021

The medical field has gained huge prominence during the pandemic, with hospitals and healthcare organizations in developed and developing countries suffering from huge workloads and resource deficiencies. Advancements in technology and communication have provided great assistance in relieving stresses for the medical industry, helping them function with great efficiency. The modern advancements in these fields have propelled the medical industry to handle the crisis better improving the living standards of people across the world. Here are a few of the major medical industry offerings that have impacted the lives of people significantly:

 

Clinical Data Management

Clinical data management has played a great role in understanding the COVID disease and developing effective countermeasures against it. It facilitates the generation of valuable, reliable data from research trials and patients undergoing different treatment protocols. Software platforms help collect and organize the data efficiently improving the reliability and sequentially the value of the collected data, enhancing the scope for good research. They are programmed to simplify the entry of data for medical professionals and allow researchers to interpret the data efficiently.

 

Validation

Software applications have assisted hospitals and medical device manufacturing companies in the validation of their work processes and new medical devices to mitigate the risks associated with them and keep them to a minimum. 

 

Software assisted validation helps organizations stay compliant with new regulations that are imposed in their industries by designing detailed checklists for them to follow. It simplifies the processes involved in risk management and helps document the changes made for future reference.

 

Pharmacy Benefit Management 

Pharmacy Benefit Management software helps regulate drug prescription and regulation of drugs. They interact directly with individual pharmaceutical manufacturers on behalf of insurance insurers and play a key role in controlling the drug-related expenditure for patients as they determine the cost of the drugs, discounts offered for them and those that are covered under insurance plans. PBMS assists organizations in designing and implementing tests to evaluate benefit programs and conduct benefit analytics to offer valuable insights that can improve work processes and offer flexibility to reduce setup and maintenance requirements.

 

Clinical Tasks

Software advancement has also simplified work processes for clinicians burdened with long work hours and data entry work during these trying times. The incorporation of efficient software for assisting the clinicians saves ample time and allows them to focus on addressing the health issues of patients. The software can help doctors in hospitals and health care organizations communicate efficiently, allowing pre-scheduling of priority cases and authorizations in cases without having to wait for hours for the same. This comes as a great advantage in high profile hospitals with huge patient flow and in small scale healthcare centers that are understaffed to manage workloads. 

Publication and Regulatory Services

Software solutions provide valuable assistance in research and publications for different fields such as pharmaceuticals, biotechnology, medicine etc. supporting these projects and researchers to perform their studies efficiently. The incorporation of AI in research has improved the scope of research and helped them achieve better results while reducing the expenditure of time and resources for the same. 

 

Growing safety concerns across the world regarding the safety of drugs and equipment has emphasized the importance of regulatory services and software applications have a role to play there too. They can help ensure that the different products and drugs manufactured by the companies comply with new safety rules and regulations which vary from one country to another. 

 

Drug Safety

Pharmacovigilance is an important area of work in pharmaceutical and medical companies that holds great significance in ensuring drug safety and regulation. Software solutions help companies operationalize new data sources and use them efficiently in resource-constrained environments. AI has found diverse applications in drug safety software as it helps collect, organize, understand and present data obtained from different sources efficiently to produce reliable conclusions.

 

Medical Writing

Medical writing is an integral part of the work processes in hospitals and organizations ranging from reports and research material to journals and magazines. Software applications offer assistance in medical writing through tools for word referencing, PDF processing, spell checkers, speech recognition etc. helping writers handle audio transcripts and recorded sessions. They ensure that the data written is statistically sound and of good quality to pass correctional review boards.

 

Statistical Management

Statistical management is a chief requirement for medical organizations and hospitals to handle clinical, research and financial data efficiently. Software applications offer pre-designed frameworks that help companies organize their data efficiently and analyze them for better interpretations. Various tools present in the software help analysts make detailed models for better comprehension of data and sharing of information.

 

Role of Companies in Digital Advancements

Technological and software advancements help medical institutions and companies gain an edge and work efficiently without the expenditure of much resources. They find difficulties in upgrading and implementing the advancements in tools and often require assistance for the same, which is offered by companies that help them bridge the gap between health and technology.

 

SG Health Pharma is one such company that has extensive experience in the field of healthcare with abundant resources and tools to guide and assist organizations to optimize their digital functioning. It offers a variety of services for healthcare institutions at optimal prices allowing them to choose freely and upgrade themselves to function better.

 

Conclusion

Innovation and creative advancements in technology are revolutionizing work processes in all sectors and the health care sector is no exception. Companies need to adopt these new tools and rise to the growing demands and competition.

 

IPA is Democratizing Healthcare

How IPA is Democratizing Healthcare Access During the Infamous Second Wave of Covid-19

The COVID pandemic has affected millions of people across the world, leading to the onset of one of the greatest economic setbacks of all time with business in all fields and sectors affected significantly. Science and technology have emerged heroes in these dire circumstances with advancements in health care and Information technology coming to our aid, allowing our sustenance and functioning. Intelligent Process Automation is one such advancement that has changed the course of work processes in various industries especially Healthcare, reducing the burden of the workload on us. Here are a few insights on how Intelligent Process Automations is democratizing Health care access during the second wave of COVID – 19.

Introduction

Intelligent Process Automation is a convergence of automation capabilities involving the application of AI related technologies such as Machine learning, Cognitive automation etc. to Robotic Process Automation resulting in the dramatic elevation of business value for your clients. It empowers companies and organizations to improve their overall efficiency in input management and enhances customer experience and satisfaction. IPA has played a great role in simplifying work processes in the fields of Insurance and Finance and its biggest contribution is to the field of Healthcare during the COVID pandemic. The field of automation is growing rapidly with a predicted growth from $250 million in 2016 to $2.9 billion in 2021, showing the enormous growth and reception to its various applications.

Applications of Intelligent Process Automation in Healthcare

IPA has found a variety of applications in the field of healthcare and has become a very popular solution with great reception to it. It has provided greater freedom and flexibility for the technical teams in healthcare as it assumes most roles in patient scheduling, document management etc. allowing healthcare professionals to focus on the work at hand – Saving lives. Documentation is an essential and mandatory part of all healthcare procedures and IPA assumes complete responsibility for it, simplifying the processes and patient interactions. Here are a few applications of IPA in healthcare

Patient Scheduling:

IPA handles patient interactions through chatbots and interactive tools allowing it to comprehend patient needs accurately and triage patients before the treatment procedures. Patients can clear out any queries regarding the procedures with the chatbots and consult regarding any other issues with professionals using the same. The use of IPA eliminates all kinds of bias in-patient admissions and appointment scheduling ensuring equal chances for everyone based on their symptoms and medical requirements. Multi-speciality hospitals with different departments and hundreds of patients everyday will definitely find IPA significantly simplifying patient interactions and improving customer experience. It also helps in easier documentation of data for reference and research purposes. 

Insurance and Finance Management:

IPA can also assist patients and healthcare facilities with insurance and finance management. The rising costs of healthcare facilities increase patient dependency on insurance policies and the proper documentation of patient information enabled by IPA ensures patients insurance requests are processed at an earlier time frame. IPA can be used to work through the repetitive tasks involved in insurance claims and validate the claims, allowing professionals to process the claims at a faster rate.

Supply Regulation:

IPA helps hospitals keep a tab on medical supplies available in hospitals allowing centres to procure essential equipment with adequate time in hand. Records of important commodities such as vaccines and Oxygen cylinders can be maintained efficiently using IPA, ensuring proper distribution of the commodities to patients who need them. 

It is of great assistance during times like COVID when there are a huge number of patients at hand and even distribution of all the commodities is required. 

IPA also Regulatory Compliance: ensures hospitals and officials are compliant of all rules and regulations as per the Government medical boards. It helps record and process all information efficiently keeping data organized for audits and inspections.

Role of Digital Partners in IPA

IPA can transform your work processes in healthcare facilities, allowing you to process an increased number of patients in a shorter period. Digital companies can be of great assistance in guiding you to set up the IPA platforms at your offices. Companies like Futran Solutions with their unique talent ecosystems and extensive experience in setting up IPA across various fields such as Finance, Insurance, Healthcare, Banking etc. have helped many companies and organizations transform their work regimes to high efficiency systems. The sound technical support and experience offered by such competent digital partners can create a vast difference in your experience with IPA and help smoothed the learning curve associated with them.

Conclusion

Change is the only constant thing in our ever-changing environment and the pandemic too shall pass. We need to adapt to modern advancements in our fields to stay at pace with our increasing demands and keeping ourselves technologically updated is the only way to do it. Update your work processes and provide patients the best they deserve with IPA assisting you every step of the processes and companies like Futran solutions by your side throughout your journey.

 

Talent Solutions in Pharma Industry

The pandemic has slowed down business in companies and organizations across the world irrespective of the nature of work and scale of operations, causing layoffs and financial crises. A few fields have been immune to the detrimental effect of the pandemic and have rather benefited from its occurrence than suffer because of it and the Pharma industry if one of them.

The pharma industry has grown leaps and bounds during the pandemic period, expanding its services and its customer base and reaching out to new clients. Most pharma companies are scaling up to meet the rapidly growing needs of our population and are looking forward to employing new additions to their team in various designations.

Here are a few insights on how pharma companies are scouting out new employees for their teams.

Introduction

Healthcare and Pharmaceuticals are two sectors that have expanded the maximum during the COVID period to meet the rising surge of cases and come up with a vaccine for the disease. The expansion of companies in these industries has led to increased job opportunities for people in these sectors and also created a demand for training modules to bring in the new employees and get them up to pace for deployment.

Various companies like Futran have set forth to assist companies during these desperate times by helping provide training and placement for in-demand pharma industry job profiles allowing the fast expansion of resources to face the pandemic.

The use of digital solutions in education and training purposes has found great success as it can cater to a large group of people at the same time without the restriction of time and classroom boundaries.

Interactive digital sessions help improve the interest of participants and motivator them to focus on the learning session for better grasping and comprehension.

Advantages of Using Digital Platforms for Online Training

Online training modules and courses help trainees attend their modules from the comfort of their homes without having to travel about. This has played a positive role in the pandemic period where trainees could stay safely in isolation during their training periods without risking cross-infection.

Digital modules for various pharmaceutical profiles involve the creation of data and structuring the content to make informative sessions for easy comprehension of trainees. Here are a few advantages of using digital platforms like Futran for training employees.

  • Cloud Computing

Cloud Computing in pharma industry

 

The establishment of online platforms that can be easily accessed from all devices greatly improves the mobility and reach of the applications. New classes can be easily uploaded in the cloud platforms and trainees can also go back to the previous classes as data is stored in a highly organized manner in the cloud systems.

  • Interactive Dashboards

Interactive Dashboards in pharma industry

These digital platforms come with interactive dashboards that help the trainees keep track of their progress and growth during the training sessions. The various tools that are present in the dashboards help trainees analyze their performance in online classes and communicate with the organizing teams using the dashboards, providing transparency in communication.

It also helps in reaching out to the candidates easily and ensuring that they are constantly updated about information regarding the classes. Onboard analytical tools can also help the organization track the employee’s response to the training program and help perceive the individual abilities of the employees.

  • Online Simulations

Online Simulations in pharma industry

Simulated online training can be facilitated for trainees on digital platforms to allow them to face real-life situations efficiently. The pharmaceutical industry is a highly demanding field that does not have much scope for errors as it involves the safety and health of patients.

Online simulations of various situations can help better prepare the trainees for different pharmaceutical profiles.

Pharmaceutical Industry 

The most common profiles in the pharma industry are that of Pharmacists, Clinical Pharmacists and Sales representatives. The use of digital platforms helps simplify online training for new employees and allows faster deployment of trainees in the field without losing much time in training.

The industry is on the lookout for employees with knowledge on machine learning and artificial intelligence that can be used in Cell and Gene therapy research and digital platforms can be used to provide new employees with a basic idea on these concepts for them to build on and improve.

Conclusion

The contribution of the internet and technology in online training and education has greatly increased in recent times. Digital enterprises like Futran are making it easier for the online training and deployment of employees ensuring fast and efficient training. Digital platforms come with a wide range of advantages making them the go-to choice for training exercises and modules. The future of learning is on digital platforms as they are evolving to become the most efficient and cost-effective mode of education.