The healthcare cloud computing market is growing rapidly and is expected to exceed $62 billion by 2030. As cloud-based solutions become more prevalent in healthcare, they are transforming clinical, finance, HR, and supply chain operations. According to a recent survey of hospital and health system leaders, 45% of respondents already use cloud-based supply chain management technologies. By 2026, it’s expected that 70% of hospitals will have gone through cloud migration and adopted a cloud-based approach to supply chain management.
Healthcare’s Race to the Cloud
The rapid acceleration of cloud adoption in philippines whatsapp number data healthcare is due to its benefits, such as enhanced decision-making, improved efficiency and agility, reduced costs, better data security and privacy, better analytics and reporting, and streamlined processes. For providers, the cloud can improve procure-to-pay processes, providing real-time access to data and reducing the need for manual intervention.
For example, when El Camino Health switched to a cloud-based solution, the company eliminated 15 paper processes, including hundreds of paper requisitions processed every other week. Lurie Children’s Hospital has also benefitted from transitioning to the cloud. Since its migration, the organization has doubled the number of trading partners, improved visibility into its backorders threefold, and achieved an 8% drop in price exceptions. For suppliers, automating order-to-cash processes helps prevent issues from the moment an order arrives through to final payment.