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IT has disrupted every industry and healthcare is no exception. Power brokers from the domain of tech are already partnering with healthcare institutes to usher in path breaking innovations meant to revolutionize the entire healthcare system. Some of the major advantages it accords is cost benefits, enhanced efficiency and accuracy and confidentiality of information related to patients.

Take for example the electronic health record (EHR) systems and health information exchanges (HIEs). They enhance the quality of care and result in better clinical outcomes. Apart from that, IT is also being leveraged to manage a humungous pool of claims and reimbursements. Besides, incumbent companies are experimenting with emerging technologies such as AI, data analytics, and Internet of Things (IoT).

Hospitals form the largest end-user segment of the global healthcare IT market due to the need to manage the growing load of patient information generated in hospitals which are witnessing ever increasing footfalls.