Patient engagement refers to a strategic collaboration between patients and their treatment providers to offer all the relevant resources to patients in order to enable them to make appropriate decisions for their health. This approach allows patients to become well informed regarding the available treatment options, recovery, prescription choices or any other important medical solutions, which can lead to better results. Specifically, patient engagement solutions include tools, such as secured two-way messaging with healthcare providers, real-time data sharing, telehealth, online scheduling, and online billing features, which provide patients with information and resources to achieve preferable health outcomes. The global patient engagement solutions market is anticipated to grow at a CAGR of around 18.2%, till 2035, according to Roots Analysis. Driven by the growing focus on digitalization and rising adoption of virtual healthcare solutions, the market for patient engagement solutions is anticipated to witness exponential growth in the coming decade.
OVERVIEW OF PATIENT ENGAGEMENT SOLUTIONS
Patient engagement solutions are tools designed to improve communication and collaboration between patients and healthcare providers, and ultimately enhance patient outcomes and satisfaction. Conventional healthcare systems often present drawbacks, such as multiple patient visits, limited availability, poor communication, and inconsistent check-ups. However, with the implementation of patient engagement solutions, these issues can be addressed, as patients would be able to complete online registration, receive appointment confirmations and reminders via text or email. These innovative solutions have become essential for healthcare organizations and clinics, assisting in the delivery of high-quality care in an efficient manner.
TYPES OF PATIENT ENGAGEMENT SOLUTIONS
In the healthcare industry, patient engagement solutions are playing a pivotal role in empowering patients to take a more active role in their own health and wellness. Various digital health tools and patient portals are available to cater to the unique needs of individual patients. From telehealth and remote monitoring to patient education and self-management programs, the range of options is vast.
Off-the-Shelf Patient Engagement Solutions: It refers to pre-designed software programs that healthcare providers can purchase and implement, quickly and easily. They are designed to improve patient engagement and satisfaction by providing easy access to medical records, appointment scheduling and communication with healthcare providers. These solutions offer a plethora of features and pricing models, allowing hospitals to choose the best model that suits their requirements.
Content Management System (CMS)-based Patient Engagement Solutions: CMS solutions are typically custom developed using content management platforms, such as Wix and WordPress. These platforms provide most of the basic functionalities required for patient experience solutions, such as patient registration, appointment scheduling and rescheduling, patient-provider communications, patient education and EMR / EHR integration.
Custom Patient Engagement Solutions: A custom-built patient engagement solution is a bespoke software solution that is designed exclusively to cater to the unique needs and internal processes of a healthcare provider. This solution provides complete ownership of the final product, with the vendor or internal team customizing the software to accommodate any relevant changes within the organization.
APPLICATIONS OF PATIENT ENGAGEMENT SOLUTIONS
- Fitness and Wellbeing: Virtual fitness classes, health tracking tools and personalized wellness plans
- Health Management: Online portals, mobile apps to telehealth a remote monitoring
- Research and Development: Utilizing patients generated data, digital tools and feedback
- Social Health Management: Improving communication between patients and healthcare providers
- Financial Health Management: Increasing the efficiency accuracy of billing and claiming processes
CHALLENGES ASSOCIATED WITH PATIENT ENGAGEMENT SOLUTIONS
Along with the several advantages offered by patient engagement in healthcare, the approach is presently associated with some challenges; these have been highlighted below:
- Data security and privacy concerns: Patient engagement solutions often involve sharing of sensitive medical information, which raises data security and privacy related concerns.
- Health literacy: Patients with low health literacy may find it difficult to understand and participate in their treatment.
- Limited access to information: Patients may not have complete access to the information they need in order to make informed decisions about their health, or they might not understand the information provided to them.
- Limited customization: Some off-the-shelf patient engagement solutions may not be able to fully meet the unique needs of different healthcare providers or patients
- Limited providers buy-in: Some healthcare providers may resist use of patient engagement solutions, due to concerns about additional work or lack of reimbursement.
- Limited scalability: Some patient engagement solutions may not be able to handle large number of patients nor the complexity of certain medical conditions.
- Limited time: Patients and healthcare providers may have limited time to engage in conversations, which can make this process difficult.
- Technological barriers: Patients may not have access to technology or be comfortable using it, which can make it difficult to engage them in their care.
RECENT TRENDS IN PATIENT ENGAGEMENT
Patient engagement solutions are the new norm, streamlining communication and empowering patients to take control of their health and some of recent trends in this sector have been briefly described below:
- Artificial Intelligence: Artificial intelligence-powered chatbots and virtual assistants are being used to improve patient engagement by providing patients with personalized and relevant information.
- Collaborative Care: By involving patients and their families in the care process, healthcare providers can improve engagement and ensure that patients are well informed and involved in their healthcare management.
- Gamification: Some healthcare providers are using game-like elements in order to make health tracking and management more engaging and fun for patients.
- Mobile Health: Patients can now access health-related information and track their symptoms and progress through mobile apps, which can help them stay engaged in their care.
- Personalized Medicine: With the rise of precision medicine, healthcare providers are now able to tailor treatments to specific needs of individual patients, which can help improve engagement.
- Patient Portals: Many healthcare organizations are now offering online portals to patients, allowing them to access their medical records, communicate with their providers and schedule appointments.
- Remote Monitoring: With the use of remote monitoring devices, patients can now have their vital signs monitored remotely by healthcare providers, which can help improve engagement and adherence to treatment plans.
- Social Media: Healthcare organizations are using social media platforms to engage with patients, share educational content, and provide information about treatments and services.
- Virtual Care: With the rise of telemedicine and virtual visits, patients can now have consultations with their healthcare providers from the comfort of their own homes.
- Wearable Technology: Wearable devices, such as fitness trackers and smartwatches, can help patients track their physical activity and monitor health status, thereby ensuring engagement in their care.
FUTURE PERSPECTIVES
The healthcare industry is shifting towards value-based care models that prioritize patient outcomes and satisfaction, making patient engagement solutions a critical area of focus for stakeholders. As healthcare providers explore these solutions, we can anticipate significant changes in patient-provider interactions, driven by smart technology, such as algorithms and AI. There will also be a greater emphasis on addressing social determinants of health, recognizing that factors outside of clinical care can shape healthcare outcomes. In addition, interactive platforms are expected to facilitate more meaningful interactions and better patient education can close knowledge gaps. Further, real-time feedback tools will allow patients to provide feedback on their care experiences, and patients will be empowered through access to relevant healthcare information. Moreover, building trust between patients and healthcare providers will be critical for successful engagement strategies, requiring healthcare providers to adapt workflows and adopt new technologies.
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.