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Oracle Invests in Healthcare With Acquisition of Cerner: 10 Best Healthcare Investment Opportunities for You

Quick Summary: Ever since the pandemic, healthcare has been emerging as the most profitable industry. All existing healthcare startups are raising millions and new healthcare startups are being rolled out at a rapid speed. Most importantly, all big enterprises including Apple, Google, Amazon, Best Buy and recently Oracle are trying healthcare by acquiring well-performing healthcare startups. In this blog, we have shared the top 10 large to medium-scale healthcare investment opportunities for good ROI in 2022!

Like always, today too, I started my day exploring Techcrunch. But today was a special day as its featured post grabbed all my attention – like never before!

The news was all about Oracle acquiring Cerner!

This was surprising for me because of 3 reasons. Firstly, why would a cloud company invest in healthcare? Secondly, why would an EHR giant Cerner let Oracle acquire it and lastly, we just last week integrated Cerner with one of the healthcare apps we have been building.

I then eventually gained clarity. All big companies are eager to try healthcare, especially after the pandemic. Best Buy recently acquired a remote patient monitoring vendor and now Oracle.

The only strategy of big companies is to leverage their brand, expertise and network to level up already performing healthcare tech and earn lucrative returns.

But if you don’t have a scale as large as Oracle and are planning to invest in healthcare, let us help you find top investment opportunities in the healthcare industry.

10 best investment opportunities in healthcare for 2022

Healthcare is a very diversified industry. You have a lot of investment options in different segments. However, the two most commercially successful healthcare segments are healthcare technology and healthcare solutions (app, software etc).

So, let us share the healthcare investment opportunities in these 2 segments.

Segment #1: Healthcare Technologies

1. Communication Technologies:

Ever since the pandemic, healthcare has become more virtual and it is estimated to sustain the trend as virtual care is more affordable, convenient and rapid.

However, communication technologies that are a major pillar of virtual care are lacking further advancement and novelty and resulting in a boring and less engaging virtual care experience at the user front.

So, you can invest in healthcare communication technologies to make it more innovative, advanced, engaging and fun for both patients and doctors.

One way to take healthcare communication to the next level is the fusion of AR/VR and communication technologies!

2. AI and Machine Learning:

If we were at your place, we would have straightaway invested in AI and machine learning without thinking twice!

Why? Well, AI and machine learning are capable of revolutionizing healthcare and it has already been doing it with a great potential for further advancement in use cases and strategies.

The fusion of AI and machine learning results in personalized care delivery, impactful data insights, easy self-care, and optimized clinical workflows.

And all these together revolutionize the entire healthcare industry!

3. Computer Vision:

Computer vision eliminates the limitations of AI and machine learning. Unlike AI and machine learning, computer vision enables computer software/app to interpret images & videos and retrieve useful information from them.

For instance, it can scan an image of a wound and identify healing progress over time or identify the cause of that wound.

However, computer vision is a very complex and advanced field utilizing sophisticated algorithms, AI techniques and deep learning methodology.

4. RPA:

This is the most underrated technology in the healthcare field. Meaning, you have a very great opportunity to claim high ROI.

RPA (Robotic Process Automation) automates the back-office tasks of healthcare entities and enables administrative and clinical staff to free up from tedious and repetitive data entry jobs.

It automates several administrative and clinical processes such as billing, patient onboarding, patient discharge, reporting, data entry, data extraction etc.

Due to its unique use cases, it saves a lot of clinical time, reduces errors and helps healthcare settings to attain productivity like never before!

5. IoT:

IoT is one of the most used technologies in healthcare. However, a lot of its potential is yet to be explored. Using IoT technology, you supercharge a medical hardware device to communicate with healthcare software and share crucial vital body signs data.

Remote patient monitoring is where IoT is being used mostly. And due to 5G and home healthcare models, remote patient monitoring is estimated to become a mainstream part of care delivery in 2022 and beyond.

Segment #2: Healthcare Solutions

6. Healthcare Super App:

Super apps are getting popular. A super app is a single app that offers several services. Because of multiple services, it attracts more users and because of more users, it generates more revenue!

In healthcare, there are not many super apps but a few startups are already planning to build a healthcare super app having app modules of mental health, online pharmacy, telemedicine etc.

7. Healthcare Super App for Women:

Women have very unique healthcare and wellness challenges and needs. One cannot address it with a general-purpose app. And here is the opportunity for you.

You can invest in building a healthcare super app that helps women to attain all their gender-specific wellness and healthcare needs such as period tracker, pregnancy planner, weight loss, workouts, buying personal care products online, etc.

8. Healthcare FinTech App:

No one is talking about healthcare fintech apps. But it is a need of an hour. Healthcare is becoming expensive for the majority of people. And as an upshot, they are delaying care.

A healthcare fintech app idea empowers healthcare financially with the power of fintech and addresses the financial barriers of patients.

One idea of the healthcare fintech app is the ‘care now, pay later’ platform. Using it, patients can get medical care now but pay medical costs in easy installment options.

9. Pharmacy eCommerce:

Pharmacies are no longer limited to just pills. They sell several wellness and medical items in addition to multiple over-the-counter drugs.

With a pharmacy eCommerce platform, pharmacies can sell different medical devices and wellness items such as skin care products, oral care products online and grab good business opportunities.

10. Siri for Healthcare:

A voice-based clinical assistant tool is what we call Siri for healthcare.

It makes voice-to-text in healthcare seamless and enables doctors to document every aspect of the care cycle and clinical note-taking while they speak in their natural language.

In addition to this, doctors can ask several clinical as well as general questions and get instant answers without wasting time to find that information in their system or smartphone.

This way, it can work as the third hand of the doctors and help doctors in easing their daily operations!

Why are we sharing this all?

To be frank, we are one of those people who want to see healthcare changing! We’re an Ontario-based healthcare IT company, and we have already given up on the same healthcare we used to experience when we were kids!

And no, we don’t just talk and have high goals. We actually utilize our healthcare IT experience and knowledge to change healthcare forever.

We in fact built a very strong team of developers, designers, business analysts, QA engineers and compliance specialists who have the same vision!

So far, we’ve achieved more than double of what we planned and dreamed of. Because we got some wonderful clients who also wanted to see healthcare changing and adopting technologies.

If you are one of them, we would just love to work with you!