Is digital transformation just code for inefficient healthcare spending?

Medical Economics October 8, 2019
Saverio Ferme

Healthcare has a severe case of “digital transformation” fever. And that’s OK. Every industry seems to have the bug these days. The term has become a blanket euphemism for modernization, and includes everything from cloud computing, artificial intelligence, machine learning, and the wonderfully named “Internet of Things”.

But it’s really simpler than that. The rudimentary definition of the term “digital transformation” refers to the process by which companies and organizations are reinventing themselves by replacing their antiquated, manual processes with digital technologies to make them more efficient. In healthcare, the start is even simpler: The first hurdle to clear is (and always has been) eliminating traditional paper records.

In that respect, the healthcare and life sciences sector has been way...

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