Private Healthcare Sector In Saudi Arabia Expanding

The healthcare market in the Kingdom of Saudi Arabia is expected to grow phenomenally in near future on the back of factors like rising prevalence of infectious and lifestyle diseases, such as obesity and diabetes. According to the latest research report of RNCOS, titled Saudi Arabian Healthcare Market Forecast to 2012, Jeddah and Riyadh have maximum numbers of private hospitals in the country due to low operational costs. These cities are still the most desired location for private investment, driven by various suitable factors like increasing health awareness and growing expatriate population.

The relatively low salary scale of doctors has also been luring the private players to invest in these locations. Doctors also prefer these cities due to optimum cost of living and benefits available there. Saudi Arabias population and epidemiological profile can be regarded as the main driver of strong expansion in the countrys healthcare market, which offers ample opportunities, especially to private players. The high occurrence of lifestyle diseases would significantly increase spending on pharmaceuticals, hospital services, and medical devices in future.

The comprehensive research and objective analysis of the Saudi Arabian healthcare market categorize the industry into hospital services, medical devices, and pharmaceuticals segments. The report contains information relating to market size, demand, and market segmentation for each segment. It also analyzes other crucial factors like medical test rates in private hospitals, consultancy fees and bed capacity in major hospitals, and numbers of physician, among others. The details pertaining to the Saudi Arabian insurance market along with industry forecast present a comprehensible portrait of the Kingdoms healthcare sector.

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Healthcare Softwares For Every Hospitals

Lot of companies are providing the application software in healthcare management and information system, both of which are integral and critical parts of a smart healthcare system project. The idea is to bring the functions of all departments onto a unified platform from a reporting, data collation and data analysis perspective. If healthcare system is integrated and managed through a proper information and management system, then anybody can get access of it starting from primary healthcare unit to specialty centre, both from patient care and administrative perspective. In the process , it becomes much easier for the government to provide much better healthcare services. The need was already there, but only a few states have actually come up for adopting best of IT systems for healthcare.In general terms what basically these software are based on open source software with proprietary database at the backend. The software provides most flexible options in terms of reduced total cost of ownership, maintainability , vendor independency and in addition, it runs on a variety of operating systems. From an architecture perspective , it is extremely scalable and can be easily modified.
Areas like drug and material distribution, inventorying, purchasing and facility management have largely benefited through use of IT. The application also helps to standardize and define different protocols in the system as and when required. All these synchronies towards a significant enhanced quality healthcare service. Equity issues are taken care of by the public sector for those who cannot afford. Private sector is more or less differentiator. Sixty to seventy percent of work is left on the public sector. We need to increase the spending from current 4% to at least double by that. While healthcare IT spending in most emerging Asian economies has increased appreciably, yet certain developed and emerging nations are still lagging behind. Considering the global aspect, judging by the percentage of healthcare IT spending as part of overall national IT spending, Australia tops the chart , followed by China, Malaysia, New zealand, Philippines and Vietnam. The trends and spending patterns of Australia have been found to be most typical in the region, resulting in sustained growth of the market, at a pace that is even higher than many of the currently emerging economies. Public Sector institutions continue to slog or rather decay on account of lack of monitoring mechanisms, lack of management controls system and lack of accountability. In India, public health sector sees highest absentees. Still their incentives are very high. We need to have very strong management controls and IT enabled mechanism to monitor the output. Just Deploying thousands of doctors in the rural areas such as Gujarat is not enough

Benefits Of Online Appointment Scheduling For Healthcare Professionals

Anyone who is in the healthcare business would concur the longer the interval between an appointment and the date on which it is made, the higher the possibility of no-show or missed appointment. To reduce no-shows, a lot of hospitals do not schedule appointments too much in advanced; instead, they ask patients to call later to get the appointment on the desired date. Although, this approach is followed by most healthcare professionals world-wide, industry experts refer to it as a grave error, causing a substantial loss of money as well as goodwill.

In order to maximize the number of patients visiting your healthcare center, it is extremely important that you stay updated about more effective techniques for setting up future appointments. Gone are the days of appointment cards or day planners, and even the supposedly modern telephone can also be extremely tiring at times. However, thanks to the evolution of the internet, almost every task today can be done virtually and appointment scheduling for hospitals is no exception.

Surviving in todays cut throat competitive environment requires more than just being able to deliver efficacious services. Irrespective of whether you are a large enterprise or a healthcare professional, you are bound to face the heat of the incredibly high competitiveness of the healthcare domain; hence, if you are hoping to make a notable mark in your field, you need to make sure that your services are more flexible and this is where an online appointment scheduling software comes to the rescue.

As the name suggests, appointment scheduling software can help healthcare professionals increase patient satisfaction as they will never again face the irritation of being kept on hold or waiting for call backs. This solution lets you give instant gratification to your patients by providing them the ability to make appointments online as per their preferences.

Apart from the aforesaid, some of the key advantages of online booking system are:

Online scheduling for single and recurrent appointments
Enable patients to make appointments from the comfort of their homes
Ability to cancel and re-schedule existing appointments
Send reminders to patients
Schedule patients for various medical procedures including tests, treatments and visits
Minimize no-show and overbooking appointments

Considering the benefits offered by online booking system, it is absolutely far to say that this solution is well capable of increasing patient satisfaction and minimizing the frustrations involved with making appointments through a conventional telephone line.

Medical Billing Systems – Proving Ideal For Healthcare Professionals

Medical practitioners today are becoming increasingly stressed by the ever changing requirements for medical billing by health insurance companies. This results in delayed and sometimes denied payments. Complicated paperwork and medical billing requirements tends to take away the focus of the practitioner from providing quality healthcare to patients to managing bills, reimbursements and office administration.

To alleviate this situation, healthcare professionals are now turning to practice management software systems to help them manage better and cope with the increased paperwork. On several occasions it has been seen that the medical establishment chooses to completely outsource its medical billing processes to professional third party service providers, who provide practice management and electronic medical records services on demand for a fee. These service providers are a big advantage to medical staff because they help them to focus on their jobs instead of administration.

For the purposes of clarity on medical billing claim payments, healthcare providers should have complete understanding of different plans offered by healthcare insurance companies, local laws and government regulations.

Medical billing systems incorporate modules that can be customized to specific needs. For instance, in the case of specific healthcare establishment that may want to tune its billing to the health insurance company’s requirements it most frequently deals with, the customization is done. These will also be tweaked to ensure that all paperwork is done according to government regulations. This is critical because the practice management system not only saves time, but also prevents the healthcare professional or establishment from undue judicial processes and potential litigation.

Electronic medical records software systems help healthcare establishments manage clinical, financial and administrative functions. Integrated billing, patient check in/out, insurance claim submission and assisted decision making through a treatment plan recommendations and report generation are a few salient features of a typical electronic medical records system.

Rising E-health Services Boosting Us Healthcare It Market

US healthcare IT market is witnessing significant growth from the past few years. The market is propelling on the back of rising number of E-health services in the country. The use of E-health services is increasing due to rising penetration of internet and broadband in the country. Further, the E-health market is performing on the back of rising adoption of market components, such as EHRs/EMRs, health information exchanges (HIE) and e-Prescription. In addition, the government is also talking various initiatives to develop the E – health market in the country. Besides, the e health market will continue to grow in the coming years due to rising health concerns and increasing awareness among population. Therefore, considering the above factors, it is projected that the US E-healthcare market will grow at a CAGR of around 11% during the forecast period 2013-2017.

According to our research report, US Healthcare IT Market Outlook to 2017, the market is growing tremendously on the back of technology advancements and strong government support. Rising opportunities in remote patient monitoring and medical imaging information system are also propelling its growth. Our report provides the detailed analysis of healthcare IT market performance including its segment such as healthcare IT hardware, healthcare IT software and healthcare IT services.

In addition, it also covers the study of components of the market including M-health, remote patient monitoring and medical imaging information system. It also provides the thorough analysis of emerging trends that are boosting the healthcare IT market in the country. Further, the report also includes analysis of potential growth areas of the market along with regulatory framework.

Our report, US Healthcare IT Market Outlook to 2017, offers the detailed analysis of key market players that will help the client to have an understanding of the competitors in the Industry. Additionally, we have also covered the key developments of these players in the country. Overall, the report presents a comprehensive look at the sectors past, present, and future scenario.

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.