IDC Health Insights’ annual top 10 predictions report – IDC FutureScape: Worldwide Healthcare 2016 Predictions – provides healthcare executives with a road map for the next 36 months that prioritizes investments and identifies the areas of the business that will be affected and the relative complexity and cost of each initiative. The range of predictions provides a broad spectrum of guidance for life science companies, healthcare payers, and providers. Each of the 10 predictions includes the IT impact and guidance for action.
The drivers influencing investment in healthcare IT are global in nature. Common themes emerge, including the focus on analytics, the use of mobile and Internet-enabled devices, the critical nature of security and the impact of breaches in healthcare, and of course, the 3rd Platform technologies and the six innovation accelerators — cognitive computing, next-generation security, Internet of Things (IoT), robotics, natural interfaces, and 3D printing — that will enable digital transformation.
The top 10 healthcare predictions are:
- Downward pressure of the healthcare economy will increase risk-based contracting to 30% of provider payments by 2017, resulting in premium increases of just 2–3% for 2018.
- By 2018, physicians will use cognitive solutions to identify the most effective treatment for 50% of complex cancer patients, resulting in a 10% reduction in mortality and 10% in cost.
- By 2018, industry cloud creation will be the top market entry strategy for tech providers and industrial companies, as leaders of IT and industry domains unite to tear down traditional barriers to entry.
- By 2018, surgeons will use computer-assisted or robotic surgery techniques to assist in planning, simulating, and performing 50% of the most complex surgeries.
- One out of three individuals will have their healthcare records compromised by cyberattacks in 2016.
- By 2018, because of more frequent drug launches, pharma adoption of global launch sequence optimization solutions will grow by 50%, saving the industry billions in potential lost revenue.
- Virtual care will become routine by 2018, and by 2020, 80% of consumer service interactions will make use of IoT and big data to improve quality, value, and timeliness.
- By 2018, 30% of worldwide healthcare systems will employ real-time cognitive analysis to provide personalized care leveraging patient's clinical data, directly supported by clinical outcomes and RWE data.
- Through 2017, healthcare IT services buyers will consolidate IT services spending in the hands of 5–10 largest service providers for each subvertical (life sciences, payer, and provider) at double the industry growth rates.
- 2016 will see 3rd Platform acute care HIS and EHR begin to come to market, and early adopters will get started on digital transformation in 2017–2019.
The 10 predictions identified by IDC Health Insights clearly show that digital transformation is beyond technology and impacts data, people, processes, and strategy. They provide a road map for healthcare organizations (HCOs) to think about IT investments that will need to be made over the next 12–36 months and the impact they will have on an organization. IDC FutureScape: Worldwide Healthcare 2016 Predictions will become critical for successful planning and budgeting across the healthcare ecosystem.