With China’s plans to spend billions on healthcare reform, a great deal of financial resources have been set aside to go into technological upgrades. Because of this, companies such as Dell Inc. and International Business Machines Corp. (IBM) have been working to secure the market potential from this development.
Managing medical data has proven to be a challenge in any place, but in China, mastering the system is a step more challenging given the current state of its data management in hospitals. In some of the hospitals in the country, patient records are still handled in paper, making it easy to create redundancies. It also makes it difficult to track patient history and discern whether Western or Chinese medicines work best.
At a group of hospitals in China’s southern Guangdong province, IBM has deployed technology to standardize patient records and use it to create statistical analyses of traditional Chinese medicine treatments. Through the technology, the company aims to provide a solution for doctors to identify treatment using both Western and Chinese medicine. This treatment would be drawn from the standardized patient records. The team behind this system, the IBM Healthcare Solutions Lab, is a finalist for the Wall Street Journal’s Asian Innovation Awards.
Using this innovative technology, IBM aims to provide evidence for the effectiveness of non-Western remedies. If the developed technology proves successful, it could be replicated in other parts of the world that still hold fast to their own form of medical treatment, such as in India.
According to Janet Chiew, an analyst for the research firm IDC, China’s healthcare IT market will see remarkable growth in five years, triggered in part by the three year healthcare reform program.
As a brand new market, the healthcare infrastructure of China poses as an area ripe for new things in the data storage and solutions industry. I believe this is a good opportunity for businesses there. Creating a system that can handle the large mass of patients daily while working with a unique set of treatment that covers both Western and traditional methods opens up a chance for innovation that can benefit healthcare infrastructures all over the world.