Cloud computing involves the use of a distributed network of Internet-based servers to store, manage, and process data and run applications remotely. Cloud based services are revolutionizing almost every sector of the economy globally. Global spending on cloud-based technologies is projected to grow by over 70% per year for at least the next 5 years. The two sectors growing most rapidly are government business and healthcare applications.
There aren’t many business enterprises larger, more disparately fragmented, and less technologically advanced than the American Healthcare Industry. Complex and confusing healthcare regulations and requirements for the protection and security of private data are two of the main reasons why the healthcare sector has been hesitant to adopt cloud computing technologies.
Compounding this is the increasing cost of healthcare, new capital expenditures and operating expenses, business and legal risk, choosing the right vendor, confusing regulatory and political issues, vendor compliance with HIPAA privacy and security requirements, and private data ownership, and transmission; among others that drives the need to for healthcare entities to adopt cloud computing. Serious technical issues include digital storage limitations and lack of internal IT infrastructure.
Never the less, cloud computing will streamline electronic health records management and health information exchanges, help to ensure regulatory compliance, reduce costs, and enhance patient care and safety. Cloud systems enable rapid expansion of data storage, enhanced data analysis, and easing of data sharing while keeping some legacy data and applications in traditional, locally secure systems.
It has become imperative that all entities involved in the healthcare industry adopt cloud-based solutions to ensure compliance, cost reduction, collaboration, and efficient management of the vast amount of data. Cloud computing is ideally suited to storing and managing patient records, clinical research data, and imaging data.
Healthcare organizations must balance the costs, risks, and their response to changes in regulations while adopting new products and services to improve patient care and security under increasingly uncertain conditions for re-imbursement of services and more demand from patients for greater security, privacy, and access to their information.
Issues to be addressed in this webinar include:
- The Need to Adopt Cloud Services for Healthcare Entities
- Benefits and Limitations of Adopting Cloud Services
- Service, Pricing, and Deployment Models (Overview)
- Workflow and Data Management
- Privacy and Security
- Legal Issues and Compliance (HIPPA and HITECH)
In this webinar, a group of experts in the field of cloud computing and health data management will discuss the need for healthcare entities to adopt cloud computing and will explain how the initial expenditures will be outweighed by greater security, efficiency, co-operation, and compliance with regulations.