What You Need To Know About Healthcare Cloud Computing
In the past several years there has been a radical transformation of the healthcare industry in response to advances in technology as well as government regulations. This transformation was hastened by the passage of the Patient Protection and Affordable Care Act in 2010. Under this legislation, providers are increasingly being reimbursed under the value-based care model rather than the traditional fee-for-service (FFS) model. In addition, providers are required to document and store records electronically rather than on paper.
Traditionally, healthcare providers and facilities developed their own in-house network infrastructure to meet the technological requirements dictated by the Affordable Care Act. However, due to the high costs of building a physical network infrastructure and some constraints imposed by a physical network, an increasing number of healthcare providers are turning to cloud computing. The global healthcare cloud computing market is growing rapidly with no indication of slowing anytime soon. This market is currently at $19 billion and is expected to reach $44 billion by 2023 with a compound annual growth rate of 18.2%.
Some of the ways that cloud computing benefits healthcare providers compared to traditional network infrastructures include:
At Otava, we understand the cloud needs of healthcare facilities. We have experts available to work with you in developing a unique cloud solution for your healthcare facility. Contact us today for more information about our services.
Otava provides the secure, compliant hybrid cloud solutions demanded by service providers, channel partners and enterprise clients in compliance-sensitive industries. By actively aggregating best-of-breed cloud companies and investing in people, tools, and processes, Otava’s global footprint continues to expand. The company provides its customers in highly regulated disciplines with a clear path to transformation through its effective solutions and broad portfolio of hybrid cloud, data protection, disaster recovery, security and colocation services, all championed by an exceptional support team. Learn more at www.otava.com.