Intelligent Fin.tech Issue 17 | Page 31

CASHING IN transforming traditional pathways and linking hospitals to people ’ s homes more effectively . However , this transition requires collaboration among health and care providers , technology firms , policymakers , and patient advocates . Additionally , ensuring data security and patient privacy , with models like GDPR and HIPAA , is crucial .

The journey towards a unified health data standard is complex and requires a multifaceted approach . It involves not only the technical aspects of standardising data formats and protocols but also addressing the cultural and organisational changes needed to support such a shift . Healthcare providers must be willing to embrace new technologies and workflows and patients must be educated about the benefits of sharing their health data .
A call to action for unified data interoperability
It is time for governments and policymakers to collaborate with industry , healthcare professionals , and patients to develop a plan for implementing interoperability standards and ensuring the rapid deployment and adoption of interoperable products and services . This will require a combination of healthcare domain expertise and data experience to act as a catalyst driving it forward .
Equally it depends on the free flow of data within organisations , across communities , between information systems , from devices to apps , and from healthcare providers to innovators . Finally , it relies on health data integration , powered by interoperability standards like HL7 FHIR , enabling that flow by ensuring that data is understood the same way from start to finish by devices , systems and people .
All these are vital steps towards realising the vision of a seamlessly interconnected healthcare ecosystem . It recognises the need for a concerted effort to overcome the barriers to interoperability and harness the full potential of digital health technologies . By following the lead of the open banking movement , the healthcare sector can create a more integrated , efficient and patient-centred system .
In conclusion , the healthcare sector stands at a pivotal moment . By learning from the FinTech sector and embracing the principles of data interoperability and user empowerment , healthcare can undergo a transformation as profound as that experienced in finance .
This shift will not only enhance patient care but also drive innovation , ultimately contributing to a future where people can age healthily , and healthcare systems operate more efficiently and effectively . The lessons learned from FinTech , combined with a dedicated pursuit of interoperability , herald the dawn of a transformative era in healthcare . In this new phase , technology acts not just as a tool , but as a vital bridge leading to enhanced health outcomes and the evolution of a more sustainable healthcare ecosystem . � www . intelligentfin . tech
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