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Improving Productivity in Healthcare with Office 365

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Abstract

Healthcare is a complex industry with ever more regulations, increasing costs, lower margins, longer innovation cycles, and decreasing quality of care. United States healthcare spending reached $3.2 trillion in 2015, accounting for 17.8 percent of the GDP. By the year 2021, it is projected to reach $4.8 trillion, accounting for one-fifth of the U.S. economy, according to the Center for Medicare and Medicaid Service (12/06/2016). Despite this spending, the United States ranks behind most developed countries in various measures of health outcomes, such as affordability, accessibility, life expectancy, and healthcare costs per capita. Healthcare has become the top concern for Americans, even surpassing the economy, and rightly so. Wasteful practices play a major part in this problem, costing $750 billion dollars annually. A significant portion of these wasteful practices are the result of interoperability issues, which entail data-sharing challenges and communication gaps between different providers, hospitals, and payers. The information that is captured and tracked traditionally tends to stay only within a singular organization.

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Notes

  1. 1.

    https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical.html

  2. 2.

    November 13, 2017; https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm584933.htm

  3. 3.

    Mike Miliard, August 23, 2017, 3:20 PM from Healthcare IT News, www.healthcareitnews.com

  4. 4.

    IDC’s Global Technology and Industry Research Organization IT Survey

  5. 5.

    Business Value Realization with Office 365, A Total Economic Impact™ Analysis of Microsoft Office 365, A Forrester Total Economic Impact™ Study, March 2017

  6. 6.

    Page 4, Business Value Realization with Office 365, A Total Economic Impact™ Analysis of Microsoft Office 365, A Forrester Total Economic Impact™ Study, March 2017

  7. 7.

    http://www.healthcareitnews.com/news/apple-launch-health-records-app-hl7s-fhir-specifications-12-hospitals

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© 2018 Nidhish Dhru

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Dhru, N. (2018). Improving Productivity in Healthcare with Office 365. In: Office 365 for Healthcare Professionals. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3549-2_1

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