Intelligent Health.tech Issue 17 | Page 67

S C R U B B I N G U P

In this article by Jon Payne , Director of Sales Engineering and Education at InterSystems , we contrast and compare two sectors and how we can learn from the FinTech industry through empowering users and patients through data .

EMPOWERING PATIENTS AND PROVIDERS : WHAT HEALTHCARE CAN LEARN FROM FINTECH ’ S SUCCESS

Across the world , the healthcare sector faces a range of complex challenges as it focuses on its core goal of maintaining and improving the health and wellbeing of individuals and communities . For example , many healthcare institutions globally are struggling with inadequate funding , as well as ongoing shortages of health and care professionals . Coupled with all this , there is an urgent need for healthcare providers to make better use of available data .

in their own care , also . Many can ’ t access medical records , laboratory results and treatment plans in a clear , standardised way , and therefore , struggle to understand their conditions and make informed decisions about their treatment . For these reasons there is an urgent need to ensure that interoperable products , services and systems are rapidly deployed and adopted to deliver benefits to patients , health systems , science and innovation .
Currently , the sector generates vast volumes of data but often struggles to analyse and apply it effectively . Healthcare data comes from a wide array of sources , including electronic health records ( EHRs ), medical imaging , laboratory systems , wearable devices , and more . Each of these sources often uses different formats and standards , making it difficult to integrate and standardise data across systems .
This disparity impacts the ability of clinicians to access the data they need to drive timely , well-informed decisions that , in turn , deliver better patient care . Patients often feel disempowered and disengaged
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