Patient Management Solutions

Healthcare technology growth requires practices to be nimble

As you may have read about in our recent blog, 4 reasons to use a switchboard service for your medical practice, access to better healthcare technology without long-term investment is a primary benefit. In an increasingly digital world, it’s vital that medical practices of all sizes remain competitive. Partnering with ptSource can allow your patients access to cutting-edge technology without requiring you to spend resources on technology research and development.

According to Deloitte’s most recent healthcare consumer study, over 63% of consumers are willing to switch doctors if they don’t like the way their office communicates. This insight has driven practices of all sizes to reassess their patient access protocols and healthcare technology.

Over 63% of consumers are willing to switch doctors if they don’t like the way their office communicates.

As a result, the healthcare technology sector is growing rapidly. An analysis of venture capital funding data from Rock Health’s Digital Health funding database indicates that venture funding for health tech innovators almost doubled from 2019 to 2020 at $14B. The natural progression into the digital age, further fueled by the virtual healthcare wave necessitated by COVID-19, has expedited this growth.

Venture funding for health tech innovators almost doubled from 2019 to 2020.

Cutting-edge technology is the future of healthcare and improvements are developing quicker than most practices can manage – and spend. While large scale health systems are embracing these new technologies, it’s an uphill battle for small to midsize practices with smaller budgets and fewer resources. In an age where consumers are demanding more from their medical professionals than ever before, it’s vital that all providers find a way to remain competitive.

Health technology research and development is more challenging for small to midsize medical practices with fewer resources – but they need to keep a competitive edge.

ptSource invests in research and development for the newest and best healthcare technology out there – and our partners get to pass those benefits on to their patients without spending resources on health tech. We are here to help small and midsize medical practices gain an advantage as mergers and acquisitions continue to create monolithic healthcare systems. We invest so you don’t have to – partner with us today and give your patients the best patient access technology they can expect.

Partnering with ptSource ensures you can give your patients the experience of top tech without breaking the bank.

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