Given the rise of telemedicine, the need for digital devices to connect patients with medical professionals is on the rise. Remote medical care is the way of the future, and internet-connected medical devices are becoming more of a staple in today’s healthcare industry, driving the rise and popularity of the internet of medical things (IoMT).
What is the Internet of Medical Things (IoMT)?
IoMT refers to a network of internet-connected medical devices, health systems, and software applications designed to improve efficiencies, reduce health care costs, and ensure more optimal medical outcomes.
IoMT technologies include wearable devices and stand-alone equipment to help promote the remote monitoring of patients, which is growing in need as telehealth continues to expand. Coupled with patient data, IoMT is a unique and highly advanced infrastructure that is characteristic of the future of medicine.
IoMT technologies are more widely embraced and adopted today, both by medical professionals and the patients they serve. Demand continues to increase for internet-connected medical devices that can collect, assess, and transmit medical information and images to healthcare provider networks. The data can either be transmitted and held in internal servers or in a cloud environment.
How Will IoMT Impact Healthcare in the Future?
The possibilities of IoMT in the world of healthcare are promising. With the advent and evolution of internet technologies in medical devices, the healthcare industry can see fewer errors, more accurate diagnoses, and reduced healthcare costs.
Patients can use their mobile devices to communicate their medical information to their healthcare practitioners thanks to this type of advanced technology, while physicians can provide accurate monitoring to keep tabs on and even prevent medical issues.
Not only does IoMT help to reduce the need for in-person medical visits, but it can also help minimize costs, both for patients and medical professionals alike. According to executives with Goldman Sachs, IoMT can save the healthcare industry as much as $300 billion per year in expenditures thanks to remote monitoring.
IoMT is helping to make the flow and management of patient data much more effective and is driving better patient care, whether remote or in person.
Healthcare Sharing Ministries Provide Patients With More Cost-Savings and Flexibility
While IoMT is certainly showing some promise in terms of helping to save patients both time and money, there are other ways that Americans can experience savings and convenience with their health care.
Health sharing ministries have become an increasingly popular option among Americans looking for a more affordable way to manage the cost of medical care. Members of health sharing programs are seeing savings of as much as 30% to 40% compared to traditional health insurance policies.
Plus, members can enjoy more flexibility when it comes to the type of medical professionals they wish to see, as well as when they can enroll in a program.
At UHSM, we offer several health sharing programs to accommodate various needs and budgets. Get in touch with a representative from UHSM today to find out more about our programs and which one may be best suited for you. Click here to see how much you can save with a health share program.