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Healthcare Industry

Presently innovative IT solutions like Cloud platforms also play an important role in technology implementations in hospitals such as streaming and maintaining patient records. HCI Info systems, have implemented innovative solutions in various hospitals in India to offer high quality healthcare services through a robust technology backbone. The way forward The need of the hour is to replicate such relevant systems across Indian healthcare infrastructure. CIT solutions that IT companies offer to this sector will play a catalyst’s ole in determining the growth and the reach of the sector.

For example, given the vast population that India has, government can deploy mobile vans with video conferencing facilities in areas which are isolated from healthcare facilities. Such solution also addresses problems in areas where there is scarcity of doctors and medical staff. Such usages aid the government’s objective of providing healthcare solutions throughout the country. On specific solutions, cloud computing and mobile technology is an essential to take healthcare to the next level across India. These lotions will primarily take care of the present hindrances like high costs, reach, patient records, infrastructure etc. Hat the sector faces. The task will not be easy since majority of the Indian population lives in the

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rural areas where outdated healthcare systems are still prevailing. While we witness a considerable amount of improvement in healthcare facilities with the help of information technology in the Challenges Faced by the IT * Lack of Standards. Health care service providers have to face several problems while designing and implementing health care management systems. Different lath care organizations have varying software requirements, depending on their size of working, management systems and infrastructure.

This requires a high degree of customization, making it difficult for health care service providers to design different software programs customized for various health care organizations * Lack of in-house Domain Knowledge * Reluctance of medical, nursing and other staff to adjust * Apprehensions around technology failures (paper systems appear more reliable) * Lack of Proper Vendor Support * Poor Supply Market. Due to the poor supply market of health care IT products, Indian hospitals have fewer choices * Confidentiality concerns.

The use of IT is associated with issues revolving around the privacy of patient data, as health information is private and personal in nature and requires stricter regulation. Concerns regarding the ownership of medical information between patients, health care companies, government and IT companies continue to plague the industry. Recession in Healthcare Industry? Between patients delaying surgeries or cutting back on preventative care to avoid co- pays, and with major reforms in health care, private medical practices and hospitals are taking a major hit.

During the economic recovery, the bottom line for many medical businesses continues to be impacted. Many private practices and hospitals are cutting expenses and staff to make ends meet. Banking, Financial Services and Insurance For financial industry of India, Information Technology is one of the major facilitator for the transformation of its internal processes and systems. The various technological platforms used by banks for the conduct of their day to day operations, their manner of reporting and the way in which interbrain transactions and clearing is affected has evolved substantially over the years.

The early asses were instrumental in the introduction of mechanization and computerizing in Indian banks. This was the period when banks as well as the RIB went very slow on mechanization, carefully avoiding the use of ‘computers’ to avoid resistance from employee unions. However, this was the critical period acting as the icebreaker, which led to the slow and steady move towards large scale technology adoption. First branch automation was done. Internal processes of branches were automated so actually it did not affect customer much because branch level networking was not done.

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