Cloud computing continues to be a transformational force in the Industry. Healthcare is no different.
The key attributes that help organisations leverage the advantages of the cloud are true for Healthcare as well.
A good example is how the Business process as a service (BpaaS ) can help the health insurance firms. For healthcare payers, the period of member enrollment is one aspect that requires maximum computing power. In the United States for example, this is the period from January to March. This is when the bulk of the members are enrolled on to health plans. The ability of the cloud to deliver flexible computing power and strategically aiding organizations to tap into additional resources, will become important. As the cloud does provide flexibility, I believe that most healthcare payers would adopt cloud in the future for member enrollment and this would ensure that they can ramp down to normal levels once the enrollment period is over.
This can be delivered through the business process as a service (BPaaS) system and reduces the need for idle computing power that a Healthcare payer Organization would pay for in the non enrollment season.
This is also good for the organizations as it reduces administrative costs and will help them meet the required quota of medical loss ratio as mandated by the PPACA Act.
A lot has been said about Platform as a service (PaaS) as a game changer as well. I would welcome anyone to share their experiences with PaaS, either in healthcare or other Industries.