Intelligence in the Internet of Medical Things (IoMT) Era

1. Intelligence in the Internet of Medical Things (IoMT) Era August 27, 2021 Dash Technologies Inc Internet of Things, Medical Device The Future of Healthcare As recently as 60 years ago, physicians made house calls in person to check on their patients. Technology has given rise to “house calls” via telemedicine, allowing patients to engage with healthcare practitioners with fewer in-person visits. This practice has been important in the wake of COVID-19. But the applications of the IoT in healthcare go far beyond telehealth. What is IoMT, and how is it related to IoT? The Internet of Things (IoT) is a network of interconnected smart devices. The network enables users to control devices remotely through software applications, while at the same time, data is collected through

2. strategic touchpoints. Once processed with computing power, the data collected can be used for various purposes, including healthcare. This blog explains what IoMT is and how it plays a vital role in its implementation and future healthcare development. According to a recent Deloitte report, this should come as no surprise: More than 500,000 medical technologies are currently available. Table of Contents: 1.What is IoMT? 2.Benefits of Internet of Medical Things (IoMT) 3.Challenges impacting Internet of Medical Things (IoMT) Adoption 4.IoMT: The Connected Future of Healthcare What is IoMT? IoMT is a connected infrastructure of medical devices, software applications, and health systems and services. And while a growing pool and general adoption of IoT technologies are benefiting many industries, it’s a wave of sensor-based tools including wearables and stand-

3. alone devices for remote patient monitoring and the marriage of internet-connected medical devices with patient information that ultimately set the IoMT ecosystem apart. The rise of IoMT is driven by “an increase in the number of connected medical devices that can generate, collect, analyze or transmit health data or images and connect to healthcare provider networks, transmitting data to either a cloud repository or internal servers,” the Deloitte report notes. Ultimately, this connectivity between medical devices and sensors streamlines clinical workflow management and leads to an overall improvement in patient care, both inside care facility walls and in remote locations. To know more, read our blog Software as a Medical Device: Everything You Need To Know About SaMD Benefits of Internet of Medical Things (IoMT) •Accessibility- The Internet of Medical Things (IoMT) provides patients and doctors with the accessibility they want in real-time. Instead of visiting the patient’s room, a smart cardiologist will monitor their heart conditions using their phone. And they can do that in any part of the world. Insurers can also view patients’ data, therefore, processing the claims fast. Patients can also monitor their data. •Low Per-Patient Cost- IoMT allows patients to connect with physicians remotely without needing to visit them, eventually cutting down the cost spent on every visit. Digital solutions can save around 300 billion USD to healthcare. •Easy and Quick Implementation- IoMT allows patients to connect with physicians remotely without needing to visit them, eventually cutting down the cost of every visit. Digital solutions can save around 300 billion USD to healthcare. •Fast Per-Patient Implementation- Fitness devices and sensors integrated with mobile apps allow patients to quickly monitor their health status by saving time and allowing rapid per-patient implementation.

4. •Improved Efficiency- IoMT enhances efficiency in the healthcare industry. But that’s not all. The most significant problem patients complain about is the time, especially when they see a doctor. The case is also genuine for a patient who visits an emergency room. Improving efficiency in healthcare is essential because it will improve patient experience and even build trust with the institution. Challenges Impacting Internet of Medical Things (IoMT) Adoption •Funding, Business and Operating Models- Different types of innovation will require other business models, and progress will depend on the innovators themselves working in new ways to take on risks and rewards. •Interoperability- For interoperability to work effectively, travel should be towards open platforms based on open data standards. This will enable payers, providers, and technology vendors to make data more available to each other. •Cyber Security- The increasing numbers and capability of connected medical devices present additional risks for data security. The scale and cost of breaches are often significant and far-reaching.

5. •Regulatory Change- Managing the raft of regulatory change occurring is imperative for both developing connected medical devices and the success of the IoMT. •Digital Talent and Building Digital Capability-Key stakeholders’ increasing concern that a growing skills gap will delay IoMT solutions and constrain market growth. •Maintaining Trust in a Digital Age- As MedTech companies develop strategies and services based on the generation and transmission of patient data, they need to ensure they demonstrate clearly to patients, the public and health care professionals how their data is being used to reduce the risk of undermining the benefits that access to data can bring. •Scale- A key challenge for MedTech is ensuring that health care organizations, clinicians and patients understand the added value of connected medical devices and use them at scale to drive better economics and patient outcomes. IoMT: The Connected Future of Healthcare The IoMT has streamlined processes and improved the patient experience. Patients benefit from convenience, higher engagement and fewer in-person medical visits. Providers have gained more accurate data, better diagnoses and more efficient time management. The future of IoMT in healthcare is sure to bring even more significant advancements that further simplify the medical profession for practitioners and patients alike. IoMT app developmentis not something to leave in the hands of anyone. People’s lives are at stake, and the future of healthcare systems needs developers and designers who can understand its intricacies. Contact us, and we will help you implement healthcare technology that streamlines processes and improves the patient experience.