Over the past few years, the healthcare software development industry has seen dramatic growth because of the increasing concern among hospitals and clinics to manage and monitor patients’ data. The market value of healthcare software is projected to reach around $29.9 billion by 2023. According to a survey, 55% of the American healthcare market uses software in the healthcare industry.
In this article, we will talk about various types of healthcare software available in the market to improve the performance of hospitals and clinics.
FAMILY OF MEDICAL SOFTWARE
There is a variety of software in the healthcare industry available in the market to meet the specific needs of the healthcare organization. Some of the most popular software is discussed below:
- Electronic Medical Records (EMR):
EMR stands for Electronic Medical Records, which is patient centric software. It is most popular type of hospital management system software used around globe. It gathers, monitor, and managers patient’s medical record which can only be viewed within one office. It gives access to patient’s information such as lab reports and diagnosis. It helps in the improvement of patient care, service and safety.
The field of telemedicine has faced drastically improvements over times. About fifty year ago few hospitals started experimenting with it in order to reach patients in remote areas, but nowadays it is also used for convenient medical care. This expectation of more convenient care led to the rise of telehealth/telemedicine software
It can be real time telemedicine, remote patient monitoring, and store-and-forward practice. More than half of the U.S. Hospitals currently have telemedicine software. The health IT market reveals that the telemedicine market is valued at nearly $19 billion in 2018.
There is a payment practice within the US healthcare system where the patient receives the medical care and the payment is made by the patient’s health insurance companies. ICD (International Classification of diseases) codes are assigned to diseases; the hospital submits the claim with the insurance company through clearing house in order to receive payment of services rendered. All these practices are managed by one large software i.e., billing system software.
It should be noted that there can be more than one clearing house and insurance companies and this is the reason why billing system software plays a great role here.
- Electronic Health Record (EHR):
Electronic Health Record is larger healthcare software which includes EMR, Telemedicine and billing system. It performs the function of appointment booking and scheduling, and also acts as a clearing house. The billing system is the essence of EHR. It contains contact information, appointment information, records of hospitalization and many more services it provides.
This software is becoming increasingly useful as more and more patients are going digital and want to have mobile access to their health records. According to a survey, nearly 86% of physicians have adopted EHR and it is estimated that the market of EHR will grow around $40 billion by 2024.
- Hospital Information System (HIS):
Hospital Information System is a large hospital management system software which helps in carrying out management functions like administrative, financial, legal and medical in order to improve the efficiency of healthcare providers. HIS software fulfils the demand of every department. It helps in inventory management, supports the billing system and keeps a track of patient’s data and medication.
HIS offers various advantages like it boost information integrity, reduces duplication of efforts, cut down documentary cost and upgrades report retraction time.
- Clinical Information System (CIS):
Clinical Information System is a computer based platform that allows healthcare providers to store manage and retrieve patients and clinical data. It is large software which takes into account EMR, Clinical Decision Support, and a platform to train doctors.
Adoption of CIS in healthcare can help in drug inventory management and service management and helps to restrain unethical practices. CIS reduces paper work and improves patient safety by reducing medical error, plus it also grants complete backup of data. CIS receives a massive amount of positive feedback from healthcare administrators.
Well, it falls under the broad category of health care information technology that deals with the storage, retrieval, sharing and use of health care information and data. This is specifically designed for companies employing home health facilities. According to customer surveys by Carecenta, 77% of the businesses using home care management software have minimized their error by 95% than those who are not using.
Home care solutions are versatile depending on the requirements of various agencies. They can be made for the residential care system, permanent care system, and temporary care systems.
Dreamsoft4u is a custom healthcare software development company, which provides all kinds of healthcare software and deals with clients from all around the globe. We grow up solutions such as Telehealth/Telemedicine, EMR, HER, Practice Management System, Medical Coding and Claim Processing System, RCM, Hospital Information System, Clinic Information System, Homecare, Pharmacy, HL7, HIPPA, Health AI, Web Portals, ERP.
Want to invest in these solutions than contact us.