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How is the Blockchain Technologyaiding the Transformation of Healthcare?

The Indian healthcare system today is surely facing tremendous growth and development, but along with it comes immense challenges and hassles. Be it the onerous data sharing or complex management procedures, the advancements are increasing the pressure on the healthcare providers to control costs and continue providing quality healthcare to patients. In recent years, the healthcare industry has experienced a paradigm shift from manual paper-based solutions to digital healthcare solutions driven by the development of technology-based innovations like AI, Virtual Reality, and IoT. However, one of the novel technologies that is gaining momentum and catalyzing healthcare industryis the Blockchain technology. It holds a massive potential to transform and revolutionize healthcare in myriad ways. Understanding the Functioning of Blockchain A Blockchain is a decentralized, secure database that stores information as blocks of data. It is similar to a digitalized public ledger of cryptoc
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Impact of Medical Tourism on Indian Healthcare Market

Healthcare is one of the largest sectors in India in terms of revenue and employment. The sector is on a consistent rise, which particularly holds true for some of its subsectors. One such sector witnessing a tremendous boom in recent years is the medical tourism sector of India.The sector has gained a lot of momentum over the past few years. People traveling across the world to receive healthcare and medical treatments are on the rise, mainly due to unavailability of care in their own communities, for cost reasons, or even in pursuit of quality healthcare. Whatever the reason be, India, owing to the high quality of healthcare services available within the nation at an affordable cost, has made the country to become a hub for medical tourists from worldwide. With Asia becoming a prominent destination for medical tourists across the globe, India has a relative advantage with its skilled healthcare professionals, comparatively lower cost of treatment, advanced medical delivery system,
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India Rising as a Hub for R&D Activities for International Players

With the waves of technology and innovation making ingress into every nook and corner of the healthcare sector and its subsectors, it has become a necessity for the industry to indulge in extensive R&D activities. The global rise of technology and innovation in the healthcare sector have brought forward a huge arena for international players to compete and innovate in. Therefore, large organizations are pursuing research and innovation at every step possible to gain recognition, not only locally but also globally. As the need for innovation increases, international firms target the Indian healthcare sector as a viable destination for their R&D activities. As a result, India is shifting from a locus of low-cost contract research to a global hub of highly-valued R&D projects. India,asone of the rising economies, unleashed by liberalization in regulations, is becomingan increasingly important center of innovation among global investors. Adding to that, multinational compa
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IIHMR’s Hospital Management Program– Your Roadmap to the Most Booming Profession in India

With the healthcare industry undergoing rapid changes in recent years, there is a need for more and more management solutions to get incorporated into the health system. Adding to this, the changing socio-economic and political scenario, the advancements in technologies, emerging medical tourism trends, and the demanding attitude of consumers have pushed the sector into new horizons. As a result, healthcare organizations nowadays are in dire need of highly-efficient professional manpower to administer the management complexities and processes. This has given rise to the rising demand for skilled, well-educated hospital management professionals in the industry, who are rapidly taking over as the need of the hour for healthcare organizations to supervise and guide the operations of hospitals and maintain the smooth functioning of the facilities, employees, and most importantly, the delivery of healthcare services. This rising industry requirement for hospital management staff has howev
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The Rising Need for Capacity Building of Healthcare Professionals

As the shortage of quality manpower continues to loom within the healthcare system, there comes a necessity for the industry to consider expanding and enhancing the workforce. It is important to create new opportunities within the industry to mitigate the growing strain on the healthcare resources including limited time, quality manpower, and accessibility to care. As such, enhancing the capacity of healthcare professionals is one of the much-needed approaches to improve the quality of care and create a more competent workforce. When it comes to working in the healthcare system, there are challenges that every healthcare professional is posed with. To overcome these challenges and practically manage the adversities, it is vital that healthcare professionals are given the resources to meet their specific capacity building and training needs. Creating a learning environment that provides with all the essentials to support capacity building in healthcare professionals is necessary,
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The Earning Potential in the Domain of Health IT

The changing global economy, advancing technologies, and digitalization are some of the key forces that are propelling healthcare providers to spend more on healthcare information technologies to enhance the quality of healthcare delivery. As an emerging field, Health IT encompasses everything from electronic health records and online patient portals to health apps and personalized medicine. With the rapid growth of health IT, more and more healthcare organizations are embracing various forms of information technology into their facility, paving the way for lucrative new job avenues in this field. For those aspiring to enter the healthcare industry, a degree in Health IT Management is a smart choice. In today's economy, picking a career that is both interesting and lucrative is not always easy; nevertheless, the field of health information technology is likely a very attractive career option. Indeed, a career in health information technology is a potential option for not only
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The Powerful Placement Cell at IIHMR

The healthcare industry is booming tremendously, and as such, there are more and more opportunities emerging for students to establish a prospective career in the healthcare arena. The Hospital, Healthcare, and Health Information Technology sectors have come forth as new avenues of job opportunities for healthcare management professionals. However, an important fact here is that the foundation for a successful career often lies in the premises of the educational institution that nurtures and prepares students for the corporate world out there. Hence, if you wish to make a career in the healthcare domain, it is necessary that you make sure if the educational institution you are opting for fosters employability and allows its students to explore career opportunities in the domain. Upon course completion, the primary objective of almost all graduates is to land on a potential job that would lead them towards professional success. This is where a reputed instate can help students pav
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