Healthcare Jobs of the Future

Recent encouragements to integrate and leverage consumer generated data in the world of healthcare poses a unique threat to patient privacy that isn’t addressed nearly enough. According to the 2021 healthcare trends report published by Apploi, said patient data would be collected via monitoring devices installed in homes, on smartphones, in public places, and healthcare facilities that would have the capability to regularly record and upload patient data that would get sent to providers. As the dependence on digital health increases, so do the barriers that will need to be addressed which include: unreliable access to the internet, privacy,

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The Future of the Nursing Home Economy

The coronavirus pandemic has highlighted the necessity of quality nursing home care for senior citizens. While 25% of US coronavirus deaths occurred in nursing homes, the quality of the institution caused results to vary dramatically. As of September 2020, 4-5 star nursing homes had 94% lower risk of infection than their 1 star peers. When the pandemic ends, those disparities will remain. As the population of America ages, nursing homes will house more people than ever in the coming years. Despite ever-growing future demand, nursing homes remain unpopular among Americans of all ages. Only 19% of Americans think nursing homes

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The Lonliness Economy

Chronic loneliness can shorten lifespan by as much as 20 years – more than alcoholism or obesity. This epidemic is not new but it is still getting worse as Americans are getting increasingly lonely. In 2019, 61% of people felt lonely some or all the time, up from 54% of people feeling lonely in 2018. Most say that those around them do not share their interests, know them very well, or respect their abilities. All generations are feeling this loneliness, but the younger generations are more prone to feeling it as compared to older generations. But older generations are more

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The Future of the Healthcare Economy

The United States spends more on healthcare than any other nation, yet hospitals are struggling. Today, 1 in 5 hospitals are likely to close due to finances, but hospitals could safely reduce supply expenses by nearly 18 percent without seeing a negative impact on quality of care. With the $11 million in annual savings hospitals would receive from this, 2 outpatient surgery centers could be built, and the salaries of 160 nurses or 42 primary care physicians could be funded. Other methods of cutting costs in hospitals include implementing artificial intelligence and restructuring supply chain management.   The University of

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The Future of Health Insurance

Younger generations, whether they be Millennials or Gen Z, are changing how we work and since American health insurance has been tied to traditional employment since the 1940s, how will the system adapt? First, the dissatisfaction with the status quo of current healthcare is becoming more and more apparent and the problems are really starting to grind the gears of many of the working class. Millennials are dissatisfied with the wait time for appointments, the inconvenient availability, and the poor work efficiency. Work flexibility in particular is very important to younger generations and because of this, many are changing how

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Blockchain Is Good for Your Health

Healthcare is one of the world’s largest industries, making up between 10 and 20 percent of the GDP of most developed nations. Too little of this money is actually going to patients, however, due to the inefficiencies, errors, bureaucracy, and high administrative costs in the healthcare sector. We at Modex believe blockchain can help. From managing patient data to tracking drugs through the supply chain, blockchain could solve some of the healthcare industry’s biggest problems. These include compliance, interoperability, speed, data privacy and security. Blockchain could also enable new patient-centric business models, bringing patients to the center of the healthcare

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Firm Leveraging on Blockchain Tech to Achieve UN SDG Goals

healthcareThe United Nations has only 10 years to achieve its Sustainable Development Goals targets. To ensure a sustainable future for all, the 17 SDGs covering vast global challenges including climate change and health have to be met by 2030.  The World Health Organization (WHO) leads in promoting good health alongside other organs within the UN system. It covers all areas of health-related issues through prevention, establishing health regulations, intervention in crisis and other procedures in line with SDG 3.  SOBERING FACTS While these efforts have borne remarkable results, World Health statistics show that some areas of the SDGs have stalled

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