Healthcare Application Solution: Customizable or Out-Of-The-Box?

Author: Sud Gover

In an ever-changing, fast-paced business environment, healthcare companies cannot stay competitive without the right technology at the helm of their business affairs. It’s become an important imperative that healthcare providers get the right technology to compete and prosper in the quest to providing better care to patients while also control the cost of care.

What typically is not clear is the path to determining what solution is best for your company. However, for many healthcare related companies, off-the-shelf application software becomes the right fit. For others, building a custom software application from the ground up is the key to better their business prospects in the ever-evolving healthcare world.

So what could be the best possible solution that supports your organization’s healthcare goals? Is it a customized healthcare analytics application solution that manages all activities of a care setup – from patient enrollment to claims processing to letting patients to manage their care on the go or out-of-the-box software solution? It rather depends on what could be the solution you are looking for? What about the traditional out-of-the-box solution? Does it fair better? Let’s compare and contrast between Custom Development and Out-of-the-Box solution as to which one is best suited for your evolving needs.

Is Customization the Key?

While out-of-the-box templates are a great start, many e-business challenges have come forth for healthcare/medical companies to deal with, concerning customized healthcare applications software. In fact, compared to out-of-the-box, custom-made software package has automatically attained a specific level of importance within the healthcare management areas.

For example, rising patient safety expectations and demand for lower healthcare costs are just two of them out of plenty of such challenges that off-the-shelf, or out-of-the-box software can’t cope up with. So is your own custom-made software the best fit to perform exactly how you want them? Let’s delve deeper.

Endless changes or addition of new features can easily be incorporated into a customized software solution when compared to out-of-the-box software which is like attempting to fit a square peg through a round hole. In effect, with a fast implementation time and management of customized frameworks, you can realize an ROI (return on investment) not in years, but within weeks or months!

Scalable, Secure, Compliant

The ability to delivering secure, compliant, creative and value-led HIPAA-complaint customized healthcare solutions software for physicians, hospitals, and provider networks, is critical to using data/information in the clinical, financial and other internal applications to make better decisions. In the healthcare industry today, these factors give impetus to stay competitive and service-oriented for healthcare receivers/patients. It makes better sense to choose healthcare applications on the basis of the following business enhancers that can build your application the way you want it:

  • Practical insight to business requirements
  • Look at how technology can benefit your business needs
  • Delivering a modern work platform
  • Deep technical know-how and domain expertise
  • Multi-layered knowledge of the healthcare industry
  • Study and multi-layered knowledge of the healthcare industry
  • In-depth product knowledge and customer-focused approach
  • Lesser time-to-market product solutions

A powerful analytic-based healthcare application system with customizability that allows simple and fast information flow and ensures a high degree of precision and trace ability is necessary. Some of the features of the Custom Healthcare Applications system that can accommodate endless customizations include:

  • interfacing with clearing houses for electronic healthcare claims submission and tracking,
  • practice management information,
  • Comprehensive set of reports for tracking and analysis, among many other things.

As Leading-edge technologies in healthcare domain that provide world-class implementations emerge, the customization expertise that enables analysts to dig deeper into the labyrinths of data to understand the context within which personalized medicine and patient-centered care exist is not explicit from what healthcare providers expect.

From the healthcare delivery standpoint, the best type of commercial-grade customized applications help in bridging the gap between each healthcare entity: be it Hospitals, Physicians, Provider Networks, or Pharmacies, Patients, and Manufacturers. If the notion of customization of care management is at the heart of streamlining healthcare processes, then, conceptually and practically, the underlying economics of patient-centered customized healthcare make it all the more feasible in quality healthcare delivery.

To cut a long story short, the global healthcare analytics market is expected to reach $18.7 billion by 2020, at a CAGR of 26.5%. With this high scope, a mission critical custom-built healthcare application that simplifies the complex functionality upgrades in healthcare delivery in terms of improving work flows, patient care management and enhancing revenue is just the right technological competency you should be targeting.