The multifaceted healthcare industry comprises of multiple segments that include patient care, biotechnology, insurance, pharmaceutical, and research. The global healthcare industry today is transforming rapidly into a patient-centric healthcare system with primary focus on improving the quality of healthcare. With constant technological innovation, regulation changes, and consumer behavior, the healthcare organizations must constantly reevaluate their business processes and investments in technology to maximize profitability and maintain good patient care.
The key challenges driving healthcare industry are:
"The healthcare sector offers a powerful mixture of opportunities and its own set of challenges. A substantial deficit between required and actually available healthcare infrastructure and resources has led to significant amount of investment into development and growth of this sector in the form of hospitals and other facilities over the years."