Table of Contents
Effectiveness of disruptive technologies in the healthcare industry.
How DaVincian Healthcare can achieve quality patient care.
In the modern era of technology, healthcare organization are emerging rapidly due to advance cutting-edge healthcare information systems technology. Healthcare information system technology is been widely used and has end number of benefits that assists in providing and improving quality healthcare to patients. In addition, it helps to minimize human errors, enhancing clinical results, enabling care coordination, refining practice competencies, and tracking data in real-time. Concerning such facts, DaVincian Healthcare is a US-based healthcare technology company that provides technology solutions to the healthcare industry (DaVincian Healthcare, 2015). It serves to worldwide customers reaching remote areas where people cannot access quality and quick healthcare facilities. It has created a positive impact on the healthcare industry through its digital disruption technology that helped changed the process of patient care at reducing cost and time (DaVincian Healthcare, 2015). Thus, the main purpose of this report is to analyse the effectiveness of digital disruption by looking at DaVincian Healthcare's approach towards achieving a higher level of patient care quality at reducing cost.
It is evident that technological advancements and innovations are growing proclaiming their impact over the healthcare market. Effective therapy delivery, optimal patient care, and ensuring the safe process is what every healthcare organization seeks for. Digital disruption has evolved within the market as a game-changer to the healthcare sector by using their disruptive technologies to enable healthcare organizations to provide quality patient care (Gilbert, 2015). The concept of digital disruption has been outlined as a type of ecological commotion persuaded by digital innovations which leads to the attrition of restrictions and practices which previously catered as a base for organizing the production and value capture (Karimi & Walter, 2015). Overall, it is concerned with an innovative business model that facilitates new entrants to enter the market with affordable, accessible, easy to use, performing products to customers such as technology companies like DaVincian Healthcare. Thus, technological innovation plays a partial role in digital disruption concept as it primarily concerned with competitive pairs in improving business effectiveness of industries and businesses (Karimi & Walter, 2015).
According to a research study by Baiyere & Hukal (2020), digital disruption has been emerged as a widely used term and is effective for several industries and business to improve their efficiency at a greater level effectively. This indicates that digital disruption in the healthcare industry is effective to the value proposition of information system of healthcare organizations to serve their patients with quality care and treatment (Karimi & Walter, 2015). On the other hand, a study by Haase et al., (2017), states that in the recent era of business, disruptive technology has been recognized as a threat to several industries that are existing in the market. The broadly known examples can be seen on Netflix, Amazon, Facebook, and Airbnb. These scenarios indicate that industries and business of different types can be conditional on digital disruption, thus, businesses must explore potentials of digital innovation to be at the safer side of being affected by the disruption. Reimer et al., (2015), have referred digital disruption as improvements in digital technologies which arises at a leap and extent that disrupts traditional methods of making value by businesses in and across markets effectively. Thus, digital disruption is effectual and business must be flexible to adopt disruptive technologies to ensure its effectiveness in the market and sustain (Bughin & van Zeebroeck, 2017).
Digital innovations and transformations have helped healthcare industry to augment their effectiveness in providing quality patient care. With the changing market and consumer needs, healthcare organizations specifically focus on exploring the possibilities of digitalization to cater to the desired clinical outcomes to patients effectively (Herrmann et al., 2018). Organizations like DaVincian use mobile-based cloud technology like mobile applications, devices, healthcare know-how, and healthcare information to bridge the gap amongst healthcare organizations and patients (DaVincian Healthcare, 2015). Digital innovation is a crucial factor in the healthcare sector as with the emergence of technological benefits and improvement, it helps healthcare provides to cater to effectual patient care services and products to end-users. Concerning such facts, in the healthcare industry environment, digital disruption can be considered as a new service, product or business model when it provides effectual assistance in creating a new market by disrupting existing markets and displacing past technologies with the newer ones (Herrmann et al., 2018). Hence, digital disruption plays a key role in augmenting patient care effectiveness by enabling healthcare providers with effective disruptive technologies in improving service and care towards patients in healthcare settings.
Artificial Intelligence (AI) has been recognized as an effective technology that has exceeded human performance efficiently. Besides that, it enables healthcare provides with better disease and problem detection, better prevention, diagnosis, and treatment of any type of ailments (Fogel & Kvedar, 2018). Thus, by enhancing and implementing the AI technology in their healthcare solutions to organizations can effectively help them achieve quality patient care at reducing cost and time as it eliminated many repetitive tasks that often occur during the human performance (Fogel & Kvedar, 2018). On the other hand, as stated by Fagherazzi & Ravaud (2019), digital technology is another innovation that helps in monitoring and management of diabetes patients in healthcare settings. Smartphone-based applications, wearables, and sensors can be utilized to access this technology to gather every significant information of patients in providing and improving patient care effectively. Hence, implementing such technologies by DaVincian can achieve a higher level of quality of patient care.
Digital disruption has been emerging rapidly due to changing human needs and globalization of business and industries. Companies need to be flexible and adaptable towards innovations and explore the possibilities of digitalization to be at forefront of tacking the events of disruption within their business effectively. Companies like DaVincian Healthcare is an example of how digital disruption makes a way for new entrants to enter the market with effective and desired products and services that helps bridges the gap between healthcare providers and patients.
Baiyere, A., & Hukal, P. (2020). Digital Disruption: A Conceptual Clarification. Hdl.handle.net. Retrieved 30 September 2020, from http://hdl.handle.net/10125/64416.
Bughin, J., & van Zeebroeck, N. (2017). The Case for Offensive Strategies in Response to Digital Disruption. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2932909
DaVincian Healthcare. (2015). DaVincian Healthcare announces strategic partnerships to further the social mission of bringing affordable, quality healthcare to underserved populations. Prnewswire.com. Retrieved from https://www.prnewswire.com/news-releases/davincian-healthcare-announces-strategic-partnerships-to-further-social-mission-of-bringing-affordable-quality-healthcare-to-underserved-populations-300181511.html.
Fagherazzi, G., & Ravaud, P. (2019). Digital diabetes: Perspectives for diabetes prevention, management and research. Diabetes & Metabolism, 45(4), 322-329. https://doi.org/10.1016/j.diabet.2018.08.012
Fogel, A., & Kvedar, J. (2018). Artificial intelligence powers digital medicine. Npj Digital Medicine, 1(1). https://doi.org/10.1038/s41746-017-0012-2
Gilbert, Richard J. 2015. "E-Books: A Tale of Digital Disruption." Journal of Economic Perspectives, 29 (3): 165-84.
Haase, L. M., Gertsen, F., Johansen, S. S., & Rosenstand, C. A. F. (2017). Characterizing digital disruption in the general theory of disruptive innovation. In ISPIM Innovation Symposium ISPIM Conference.
Herrmann, M., Boehme, P., Mondritzki, T., Ehlers, J., Kavadias, S., & Truebel, H. (2018). Digital Transformation and Disruption of the Health Care Sector: Internet-Based Observational Study. Journal of Medical Internet Research, 20(3), e104. https://doi.org/10.2196/jmir.9498
Karimi, J., & Walter, Z. (2015). The Role of Dynamic Capabilities in Responding to Digital Disruption: A Factor-Based Study of the Newspaper Industry. Journal of Management Information Systems, 32(1), 39-81. https://doi.org/10.1080/07421222.2015.1029380
Reimer K., Gal U., Hamann, J., Gilchriest B. & Teixeira M. (2015). Digital Disruptive Intermediaries: finding new digital opportunities by disrupting established business models. Publication by: The Australian Digital Transformation Lab. http://hdl.handle.net/2123/21761
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