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Leveraging innovation to reinvent the business of healthcare
How does innovation drive digital transformation in healthcare?

We learned a lot during the COVID-19 pandemic about how important innovation is in healthcare. The quick pivot to telehealth is just one example.

Every day, innovators bring new digital solutions to the healthcare market to help solve problems, reduce costs, and create better healthcare experiences.

Global investment in digital healthcare transformation is growing by 10.4% annually.
How does digital innovation improve patient experiences?

Many current healthcare processes, especially administrative processes, can impede a patient’s access to care due to a lack of data fluidity between payers and providers. These include:

  • Slow payer authorizations
  • Lack of price transparency
  • Incomplete eligibility and coverage information

Digital tools like artificial intelligence (AI), machine learning, blockchain, and robotic process automation (RPA) can vastly improve these processes, enabling more timely access to care and making it easier for patients to pay for the care they need when they need it.

We’ve been talking about improving patient satisfaction and creating more patient-centric care experience for years. But we’ll never get there if we continue to be focused on just clinical healthcare, which is where our efforts toward interoperability have traditionally been drawn.

Stuart Hanson
CEO, Avaneer Health

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How do companies use digital tools to create innovation in healthcare?

There are unlimited clinical and administrative use cases for digital innovation. AI and other technologies can be implemented into many different processes throughout the healthcare ecosystem.

One example of how digital tools can drive healthcare innovation is through a decentralized network. A decentralized network allows payers, providers, and innovators to more easily collaborate, create, and deploy their solutions without needing to build a separate connection to each trading partner or stakeholder.

A decentralized network improves data fluidity and integrity for all network participants, enabling innovators to bring their solutions to market faster and more economically.
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What solutions are currently available to enhance healthcare innovation?

The Avaneer Network™ is a prime example of a solution driving innovation. The Avaneer Network is a secure, permissioned, decentralized network and platform built on a data fabric infrastructure.

Once a participant connects to the network, they can use a single platform to connect to any other participant, eliminating the need to build or maintain multiple connections or gateways. Once the connection is established, data can flow freely in real time, removing interoperability barriers and allowing true data fluidity.

The possibilities for innovation over a decentralized network are boundless.
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Let's reinvent healthcare in 2023, not based on our current reality, but on a new way of thinking about interoperability, courageously embracing "possibility thinking."

Stuart Hanson
Stuart Hanson
CEO, Avaneer Health
How digital transformation reduces healthcare administrative costs

The healthcare industry incurs billions in excessive costs each year due to administrative inefficiencies. These costs come primarily from issues in billing and insurance processes.

Innovation helps by making it easier for payers and providers to share information and conduct transactions in real time without the need for third-party intermediaries.

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The healthcare industry could save a quarter-trillion dollars by simplifying administrative processes.


Let's reinvent healthcare together.
Avaneer Health sees a new way forward. We are building a digital ecosystem, a network that accelerates change and enables us to reimagine how healthcare is administered.
Find out how we are leading the change to reinvent how healthcare operates.
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