COURSES
MBAData Science & AnalyticsDoctorate Software & Tech AI | ML MarketingManagement
Professional Certificate Programme in HR Management and AnalyticsPost Graduate Certificate in Product ManagementExecutive Post Graduate Program in Healthcare ManagementExecutive PG Programme in Human Resource ManagementMBA in International Finance (integrated with ACCA, UK)Global Master Certificate in Integrated Supply Chain ManagementAdvanced General Management ProgramManagement EssentialsLeadership and Management in New Age BusinessProduct Management Online Certificate ProgramStrategic Human Resources Leadership Cornell Certificate ProgramHuman Resources Management Certificate Program for Indian ExecutivesGlobal Professional Certificate in Effective Leadership and ManagementCSM® Certification TrainingCSPO® Certification TrainingLeading SAFe® 5.1 Training (SAFe® Agilist Certification)SAFe® 5.1 POPM CertificationSAFe® 5.1 Scrum Master Certification (SSM)Implementing SAFe® 5.1 with SPC CertificationSAFe® 5 Release Train Engineer (RTE) CertificationPMP® Certification TrainingPRINCE2® Foundation and Practitioner Certification
Law
Job Linked
Bootcamps
Study Abroad
MS in Data AnalyticsMS in Project ManagementMS in Information TechnologyMasters Degree in Data Analytics and VisualizationMasters Degree in Artificial IntelligenceMBS in Entrepreneurship and MarketingMSc in Data AnalyticsMS in Data AnalyticsMS in Computer ScienceMaster of Science in Business AnalyticsMaster of Business Administration MS in Data ScienceMS in Information TechnologyMaster of Business AdministrationMS in Applied Data ScienceMaster of Business Administration | STEMMS in Data AnalyticsM.Sc. Data Science (60 ECTS)Master of Business AdministrationMS in Information Technology and Administrative Management MS in Computer Science Master of Business Administration MBA General Management-90 ECTSMSc International Business ManagementMS Data Science Master of Business Administration MSc Business Intelligence and Data ScienceMS Data Analytics MS in Management Information SystemsMSc International Business and ManagementMS Engineering ManagementMS in Machine Learning EngineeringMS in Engineering ManagementMSc Data EngineeringMSc Artificial Intelligence EngineeringMPS in InformaticsMPS in Applied Machine IntelligenceMS in Project ManagementMPS in AnalyticsMS in Project ManagementMS in Organizational LeadershipMPS in Analytics - NEU CanadaMBA with specializationMPS in Informatics - NEU Canada Master in Business AdministrationMS in Digital Marketing and MediaMSc Sustainable Tourism and Event ManagementMSc in Circular Economy and Sustainable InnovationMSc in Impact Finance and Fintech ManagementMS Computer ScienceMS in Applied StatisticsMaster in Computer Information SystemsMBA in Technology, Innovation and EntrepreneurshipMSc Data Science with Work PlacementMSc Global Business Management with Work Placement MBA with Work PlacementMS in Robotics and Autonomous SystemsMS in Civil EngineeringMS in Internet of ThingsMSc International Logistics and Supply Chain ManagementMBA- Business InformaticsMSc International ManagementMBA in Strategic Data Driven ManagementMSc Digital MarketingMBA Business and MarketingMaster of Business AdministrationMSc in Sustainable Global Supply Chain ManagementMSc Digital Business Analytics MSc in International HospitalityMSc Luxury and Innovation ManagementMaster of Business Administration-International Business ManagementMS in Computer EngineeringMS in Industrial and Systems EngineeringMSc International Business ManagementMaster in ManagementMSc MarketingMSc Business ManagementMSc Global Supply Chain ManagementMS in Information Systems and Technology with Business Intelligence and Analytics ConcentrationMSc Corporate FinanceMSc Data Analytics for BusinessMaster of Business AdministrationMaster of Business AdministrationMaster of Business AdministrationMSc in International FinanceMSc in International Management and Global LeadershipMaster of Business AdministrationBachelor of BusinessMaster of Business Administration 60 ECTSMaster of Business Administration 90 ECTSMaster of Business Administration 90 ECTSBachelor of Business AnalyticsBachelor of Information TechnologyMaster of Business AdministrationMBA Business AnalyticsMSc in Marketing Analytics and Data IntelligenceMS Biotechnology Management and EntrepreneurshipMSc in Luxury and Fashion ManagementMaster of Business Administration (90 ECTS)Bachelor of Business Administration (180 ECTS)B.Sc. Computer Science (180 ECTS) MSc in International Corporate Finance MSc in Sustainable Luxury and Creative IndustriesMSc Digital Marketing
For College Students

Choosing the Right Technology Intervention in Healthcare

$$/$$

For any healthcare organisation, be it a clinic, a diagnostic lab or a large hospital chain, the following five key levers should be considered before implementing a tech intervention to improve operational efficiency.

 

Cost

  • Budget
  • Return on Investment (ROI)

While thinking about the cost, every healthcare organisation must first look at the budget that the organisation has, and what the cost of implementing the tech intervention is. If the cost of implementing the tech intervention is too high, with minimal gains or ROI, the tech intervention should not be chosen. Additionally, organisations may also consider the loss that they are facing by not implementing the technology.

 

For instance, by not implementing the tech intervention that helped improve the discharge process, a hospital may face the issue of sub-optimal bed utilisation. This means that the revenue loss that occurs by not implementing the tech intervention will need to be compared with the cost of implementing the same.  If the revenue loss by not implementing the technological intervention is higher than the cost of its implementation, then the hospital would want to implement the technological intervention.

 

Let's go through a solved example to learn how to compare the revenue loss due to the non-implementation of technological intervention and the cost of implementation of the technological intervention 

$$/$$

 

Business Process Change

  • Automate parts of the existing process
  • Eliminate wasteful steps

You must evaluate the level of business process change that you are looking to achieve through the tech intervention. You may think of automating some steps in an existing process to expedite it. On the other hand, you may also remove some wasteful steps from the existing process, to make it more efficient.

 

For instance, in the automation of the discharge process, the AI-driven doc reader was used to read the scanned copy of the bills that were read manually in the existing process. This would be an example of automating parts of the existing process. However, if the computerised bill could be integrated into the rest of the system in a seamless way, then it would eliminate the steps of printing, scanning and reading from the existing process. 

 

Integration with other systems

  • Integration within the organisation
  • Integration with external systems

Based on the kind of organisation, you may choose to integrate a particular process within the entire organisation. For instance, you may integrate the entire patient journey process through a connected IT system that would help you in tracking and planning for the next steps for any patient. This may be useful for all small or large healthcare organisations. However, integration with external systems, such as insurance providers may only be necessary for larger hospitals where the process becomes a regular bottleneck.

 

Data privacy 

There are several considerations that would be essential when it comes to evaluating the data privacy aspect of a technology solution. Some of them are given below.

  • Data collection
  • Use of Personally identifiable information (PII), such as a patient’s full name,  any unique identification number associated with them such as their Aadhaar or bank account number
  • Data access to be given only to relevant stakeholders
  • Data to be stored in a secure manner, based on the sensitivity of the information

Data privacy is one of the chief concerns when it comes to any tech solutions that you would look to implement. Several key considerations can directly be seen from important laws, such as the Information Technology Act or the proposed Digital Information Security in Healthcare Act (DISHA) in India. 


To evaluate any tech intervention from the data privacy lens, you would first need to consider data collection. Only data that is needed for any particular part of a process should be collected. For instance, to conduct a diagnostic test, you may need to consider the level of background data that you would need from the patient. Would it be necessary to collect personal and sensitive data based on aspects such as a person's religion or caste? Secondly, you would need to consider how the tech solution uses personally identifiable information. For instance, a patient’s personal information should not be revealed to anyone apart from the treating physician. This also means that any sensitive data about the patient should only be accessible to the relevant stakeholders. For instance, a billing professional would not need access to a patient’s case history. They would only require the information used to bill the patient for the services provided. Finally, healthcare data storage should always be secure. The tech solution should consider the possible challenges that can arise from a data breach.

 

Accessibility of the tech intervention

  • Tech intervention should be customised according to stakeholder needs
  • Tech intervention to have guidelines on which platforms can the stakeholders access it from

While determining a tech intervention for your organisation, you would need to think about how customised the intervention can be according to the needs of the different stakeholders. For instance, as seen in the tech intervention for the admission or appointment process, based on the requirements of the patients, doctors and the clinic itself, the app was able to provide different views and features.

 

Additionally, you would also need to consider the kinds of platforms that different stakeholders may be able to access. There may be some stakeholders who do not need real-time access to the application and its data, once they are outside the premises of the organisation. For such stakeholders, you may consider providing desktop application access. On the other hand, physicians and patients may need real-time updates, and hence a mobile-based view of the application may be more suitable.

 

Now that you have understood the levers to consider when implementing a technological intervention, let's move on to some industry insights in the next segment.