What is trending in healthcare technologies? HealthTech is a burgeoning field and there are many things happening. It is driving the future and the overall functioning of the healthcare system.
COVID-19 also left a profound impact on the healthcare industry. Healthcare technology solutions became central to how patients received care in the crisis.
United States being at the forefront of healthcare solutions is home to some of the leading HealthTech companies in the world.
In this article, we will delve further into that by listing the top six HealthTech companies in the US.
What are HealthTech Companies?
HealthTech companies create technologies and innovations to improve healthcare delivery. They use existing and potential technologies to improve health outcomes.
HealthTech companies include both big firms and small startups that offer healthcare technology solutions such as:
- Telemedicine
- Wearable devices
- Healthcare management software
- Digital monitoring for diagnostics
HealthTech companies integrate technology with healthcare to solve challenges in the healthcare system. Here is how they do that:
1. Telemedicine
Telehealth provides an alternative to in-person medical consultations. HealthTech companies provide virtual consultations to ensure continuity of care from anywhere and anytime.
2. Tracking and Monitoring
Fitness trackers and smart devices allow patients to monitor their health and vital signs, such as:
- Heart Rate
- Glucose levels
- Blood Pressure
- Body Temperature
- Sleep Patterns
HealthTech companies create solutions for real-time health updates that reduces the burden on in-house facilities.
3. Data-Driven Diagnostics
HealthTech companies aggregate and analyze patient data to accurately predict the likely course of the patient’s condition.
This helps medical professionals make informed decisions about diagnostics.
4. Strengthening Hospital Management
COVID-19 badly exposed the inefficiencies in the healthcare system. Traditional hospital management is not equipped to handle the increasing number of challenges during a crisis.
Healthcare technology solutions enable better patient flow and resource optimization of healthcare records.
5. Healthcare in Remote Areas
Hospitals can’t reach everyone. HealthTech companies emphasize providing healthcare to remote and underprivileged areas.
Digital health solutions and mobile units can deliver medical supplies and bridge gaps in access.
Leaders in Healthcare Technology Solutions: Top 10 US HealthTech Companies
Here is the list of top US-based HealthTech companies:
1. Devoted Health
Devoted Health is a HealthTech company that focuses on Medicare Advantage members. Medicare is a federal agency of United States that provides health insurance program for people aged 65 or older and younger people with disabilities.
The company provides personalized care and technologies to deliver a superior experience for seniors.
- Founded: 2017
- Based in: Waltham, Massachusetts
- Focus: Geriatric care
2. Epic Systems
Epic Systems is an established player in healthcare technology solutions. Healthcare providers have long been relying on Epic Systems to manage patient records and communications.
The company’s comprehensive tools ensure that healthcare professionals have accurate medical histories to deliver precise care.
- Founded: 1979
- Based in: Verona, Wisconsin
- Focus: Electronic health records (EHR)
3. Oracle Health
Formerly known as Cerner Corporation, Oracle Health specializes in EHR and data management systems. It helps hospitals and clinics organize patient data and improve operational efficiency.
Its focus on interoperability ensures that healthcare providers can access and share information smoothly. Oracle’s tools also provide analytics that aid in making data-informed healthcare decisions.
- Founded: 1979
- Based in: North Kansas City, Missouri
- Focus: EHR and hospital management
4. Intuitive Surgical
Intuitive Surgical is a pioneer in the field of robotic-assisted surgery. Their flagship product is the da Vinci Surgical System that allows surgeons to perform minimally invasive procedures.
They develop robots with precision and control that reduce recovery times and improve patient outcomes.
Intuitive Surgical continues to push boundaries in surgical healthcare technology solutions by creating systems that redefine the operating room experience.
- Founded: 1995
- Based in: Sunnyvale, California
- Focus: Robotic-assisted Surgery
5. Tempus
Tempus is a young, innovative company specializing in precision medicine and data-driven cancer treatment. Its platform uses artificial intelligence to analyze vast amounts of clinical and molecular data to provide insights that help physicians personalize treatment plans.
Tempus has become a leader in harnessing healthcare technology solutions to advance the field of oncology and improve patient outcomes.
- Founded: 2015
- Based in: Chicago, Illinois
- Focus: Precision medicine and oncology
6. Zocdoc
Zocdoc offers an online platform for patients to find doctors and book appointments easily. It simplifies the appointment process by addressing a critical pain point in healthcare accessibility.
Patients can search for providers by speciality, location, or insurance coverage. Zocdoc offers convenient tools for connecting individuals with the right healthcare professionals.
- Founded: 2007
- Based in: New York City, New York
- Focus: Doctor and telemedicine consultation
Conclusion
The role of Healthtech companies in shaping the future of healthcare is undeniable. These organizations contribute to more effective healthcare technology solutions. Whether through telemedicine or robotic surgeries, they are revolutionizing the way care is delivered.
The companies listed above represent just a fraction of the innovation happening in this space, but they highlight the possibilities of what can be achieved when technology meets healthcare.
As this sector continues to grow, it promises to make healthcare more accessible, precise, and tailored to individual needs.
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