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How does smart healthcare compare or differ from traditional healthcare in terms of cost and access?

Mittie Morcomb

Smart healthcare and traditional healthcare are two distinct healthcare models that differ significantly in terms of cost and access. Smart healthcare refers to a healthcare model that leverages technology to optimize healthcare services delivery, promote efficiency, and improve patient outcomes. Traditional healthcare, on the other hand, refers to a healthcare model that relies on conventional healthcare practices to deliver services to patients.

In terms of cost, smart healthcare offers a more cost-effective approach compared to traditional healthcare. The use of technology in smart healthcare enables healthcare providers to collect, analyze and manage data more efficiently, which leads to reduced healthcare costs. Smart healthcare also enables healthcare providers to proactively manage patients' health, which helps to prevent healthcare complications that may arise in the future, leading to higher healthcare costs.

Additionally, smart healthcare improves access to healthcare services, especially in remote areas where traditional healthcare services may not be available. With smart healthcare, patients can access healthcare services online through telemedicine platforms, which allows them to access advanced healthcare services without physically visiting a healthcare facility. This approach eliminates the need for physical barriers such as distance, time, or mobility, enabling healthcare providers to reach more people in need of healthcare services.

Moreover, smart healthcare has transformed healthcare services delivery by making them more personalized and patient-centric. By leveraging technologies such as Artificial Intelligence (AI) and Machine Learning (ML), healthcare providers can analyze large data sets to identify patterns and provide tailored healthcare services. This approach also allows healthcare providers to monitor patient health remotely, which helps to improve patient outcomes and reduce healthcare costs.

However, there are still some challenges associated with the implementation of smart healthcare, such as infrastructure limitations and the digital divide. These challenges prevent some populations from accessing smart healthcare services, which could hinder the widespread adoption of this technology-driven healthcare model.

In conclusion, smart healthcare offers a more cost-effective and accessible healthcare model compared to traditional healthcare. Healthcare providers who adopt smart healthcare are likely to improve patient outcomes, reduce healthcare costs, and provide more personalized healthcare services. However, healthcare providers need to address the challenges associated with smart healthcare to ensure that everyone has access to quality healthcare services regardless of their location or socio-economic status.