| | December 20176UTLOOK Healthcare Tech Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER 2017Mailing AddressValleyMedia Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 838 0854, F:510-894-8405 December - 2017 volume 03-08 Published by ValleyMedia, Inc. To subscribe to HealthcareTech OutlookVisit www.healthcaretechoutlook.com Managing EditorAlex D'souzaEditorial StaffSalesAaron PaulJoe PhillipJustin Smith Vishnu SanthoshVisualizerK. ManojkumarHEALTHCARE IT SERVICES SPECIALXavier Thomasxavier@healthcaretechoutlook.comUTLOOKHealthcare Tech UTLOOKHealthcare Tech EditorialAlex D'souzaManaging Editoreditor@healthcaretechoutlook.comHealthcare is in the throes of digital transformation. The care providers are integrating technologies that will help them achieve consistent, sustainable, high quality, cost-efficient healthcare amid the proliferation of value-based care and heightened compliance requirements. It doesn't end here. According to National Health Expenditure Accounts (NHEA), the U.S. healthcare spending reached $3.3 Trillion or $10,348 per person in 2016, which is 17.9 percent of the GDP. McKinsey, a management consulting firm, predicts that the adoption of digital solutions such as big data would help healthcare save about $300 Bn every year. Clearly, one could see the value, both human and financial, in healthcare going digital. Big data is a forerunner in revolutionizing healthcare today. The care providers are not only collecting vast amounts of customer data but also utilizing big data analytics to identify opportunities, trends, and challenges concerning both patients and providers. On the other hand, the growing adoption of health information exchanges (HIEs) and EHR systems is providing a complete patient record at the point of care and is alleviating challenges concerning the fragmented delivery system, such as drug to drug interactions. Cloud computing is another technology that is offering cost minimization, scalability, and agility without compromising on data security. Also, there are a wide range of mobile applications used to monitor vital body organs, improve fitness, and track patient recovery. In a nutshell, adoption of health IT promotes evidence-based practice by identifying gaps in recommended treatment and overall patient wellbeing. As the digital healthcare transformation is in full swing, the global healthcare IT market is expected to reach $280.25 Bn by 2021 from $134.25 Bn in 2016 as per MarketsandMarkets report. There is no doubt that the mushrooming market is replete with a myriad of "smart" Health IT solutions. To help healthcare decision makers understand and select the best-of-breed healthcare IT solutions, our goal with this special edition is to highlight the top healthcare IT services companies such as CitiusTech that leverages the power of emerging technologies like big data, mobile, predictive analytics and cloud computing to help healthcare organizations improve quality of care. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs.Write us your thoughts.Healthcare Redefined*Some Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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