• Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Sunday, May 22, 2022
Business System Guide
Advertisement
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies
No Result
View All Result
Business System Guide
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies
No Result
View All Result
Business System Guide
No Result
View All Result
Home HealthCare Technologies

‘Invisible’ health technology companies in Australia call for procurement reform and sustainable government investment in industry-first survey

by Nala Samir
2 months ago
in HealthCare Technologies
0
'Invisible' health technology companies in Australia call for procurement reform and sustainable government investment in industry-first survey
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
The surveyed companies overwhelmingly reported that the federal government stifles innovation.

Following two years of a pandemic in which technology has underpinned Australia’s COVID-19 response, digital health companies have claimed the federal government stifles innovation and called for the reform of procurement processes, according to a new report by the peak organisation representing the industry.

WHAT IT’S ABOUT

The Medical Software Industry Association’s “Beyond The Pandemic – Future Proofing Australia’s Health Technology Industry”, surveyed its members – which include 150 companies from start-ups to large listed entities – and found two thirds of respondents (68 per cent) provided pandemic-related services.

However, companies overwhelmingly reported the federal government stifles innovation (59 per cent), while almost 61 per cent said international companies are favoured over Australian companies in federal government contracts. More than half (53 per cent) also see the government’s ICT procurement processes as unfair and 74 per cent felt unsupported by government.

WHY IT MATTERS

According to the report, which has been released in the lead up to the federal budget and the upcoming election, health technologies have “replaced the stethoscope” as the single most important tool of GP practice.

Since March 2020, according to “Beyond The Pandemic”, more than 96 million telehealth services have been delivered to more than 16.7 million patients. As of 9 February, more than 38 million ePrescriptions had been issued, and more than 62 million COVID-19 tests had been processed by 14 February.

The survey also found that 35 per cent of respondents received government funding for pandemic-related work but, of those, only 6 per cent said it covered expenditure. One claimed it invested more than $5 million in providing covid services.

ON THE RECORD

“In the last two years we have seen great improvements in the level of collaboration between industry and the Department of Health and the Australian Digital Health Agency and even Services Australia,” MSIA CEO Emma Hossack told Healthcare IT News.

“However, from now on it’s clear that unless industry is involved with the government in designing a sustainable business case, all of those efforts and the enormous steps forward will have been of little enduring benefit to Australia.

Things worked so well in terms of implementing technologies that fuelled the pandemic response it will ideally bring them to the table. While there is a level of trust and partnership, we have an opportunity now to work out how we can cooperate in achieving the seamless healthcare system Australia needs. But if the work is not done now, we are unlikely to have that galvanised business case again.”

THE LARGER CONTEXT

“Beyond the Pandemic” says MSIA members hold 95 per cent of the health information of Australians within their systems, yet those companies remain largely unsung.

“Health information and how it is collected, delivered and stored is possibly the most essential service any Australians use. Yet to most, it is invisible,” it says.

The industry is calling for Medicare Benefits Schedule or other transaction payments for services to support industry, which will in turn lead to cost benefits and improved care outcomes, such as reduced medication errors.

The MSIA says adequate funding also needs to be provided to allow the thousands of healthcare systems to be securely interconnected.

It calls for a “fair go” in selling products to governments and providers, claiming there are “nine sets of requirements that companies need to manage to sell their software, which is expensive for all parties, especially taxpayers”.

The report recommends the introduction of “a scheme whereby guarantees are provided to match the balance sheets of the large internationals who get the contracts at over price because they can bear the cost of future failures if things go wrong. Big names don’t always match homegrown successes. In 2018-19, Australian Government expenditure on ICT related goods and services was over $3.9 billion, so much is at stake”.

Related Posts

Using Israeli AI firm Ibex technology, Hartford HealthCare launches breast cancer initiative
HealthCare Technologies

Using Israeli AI firm Ibex technology, Hartford HealthCare launches breast cancer initiative

March 22, 2022
How wearable technology is revolutionising healthcare
HealthCare Technologies

How wearable technology is revolutionising healthcare

March 21, 2022
How healthcare has been transformed post covid by technology
HealthCare Technologies

How healthcare has been transformed post covid by technology

March 20, 2022
Physician venture investor talks telehealth, digital therapeutics, Medicaid tech
HealthCare Technologies

Physician venture investor talks telehealth, digital therapeutics, Medicaid tech

March 19, 2022

Recent Posts

  • 5 Ways to Use Your Diwali Bonus in a Smart Way May 20, 2022
  • How Technology Is Influencing Web App Development May 17, 2022
  • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process May 15, 2022
  • Minimizing Plastic Packaging Waste In Manufacturing May 12, 2022
  • Why You Should Consider a Home Equity Loan From Private Lenders May 11, 2022
  • HOW TO CHOOSE AN AGRICULTURAL PUMP May 4, 2022
  • How to Become the Best Street Cleaner Contractor Around? April 27, 2022
  • What to Consider Before Picking a Lawyer for Sexual Assault Cases April 27, 2022
No Result
View All Result

2022

  • – May (6)
    • 5 Ways to Use Your Diwali Bonus in a Smart Way
    • How Technology Is Influencing Web App Development
    • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process
    • Minimizing Plastic Packaging Waste In Manufacturing
    • Why You Should Consider a Home Equity Loan From Private Lenders
    • HOW TO CHOOSE AN AGRICULTURAL PUMP
  • + April (16)
  • + March (32)
  • + February (14)
  • + January (23)

2021

  • + December (13)
  • + November (17)
  • + October (12)
  • + September (17)
  • + August (16)
  • + July (23)
  • + June (32)
  • + May (18)
  • + April (18)
  • + March (17)
  • + February (22)
  • + January (17)

2020

  • + December (22)
  • + November (19)
  • + October (20)
  • + September (31)
  • + August (26)
  • + July (20)
  • + June (25)
  • + May (15)
  • + April (18)
  • + March (21)
  • + February (23)
  • + January (24)

2019

  • + December (2)
  • + November (24)
  • + October (3)
  • + September (2)
  • + August (2)
  • + July (4)
  • + June (2)
  • + April (1)
  • + March (1)

2017

  • + March (1)

Tags

Amazon Keywords Champions Academy coding classes Competitor Analysis cost-effective development company Development Team Building Ecommerce hiring an extended development team IHC IQIP noise mitigation printer toner from Toner Bee Short film competition short film contest platforms South Point Casino

Recent Posts

  • 5 Ways to Use Your Diwali Bonus in a Smart Way
  • How Technology Is Influencing Web App Development
  • Jobs And Hiring: How Placement Firms Are Revolutionizing The Process
  • Minimizing Plastic Packaging Waste In Manufacturing
  • Why You Should Consider a Home Equity Loan From Private Lenders
May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    

Site Navigation

  • Home
  • Business
  • Companies
  • Economic
  • Management
  • Marketing
  • Partnerships
  • Services
No Result
View All Result
Wealth

5 Ways to Use Your Diwali Bonus in a Smart Way

Most people look for investment plans in which they can get maximum financial benefits when they get their Diwali bonus. ...

May 20, 2022
Business

How Technology Is Influencing Web App Development

Web app development was all about creating static pages that displayed information from the past. However, with the advent of ...

May 17, 2022
Business

Jobs And Hiring: How Placement Firms Are Revolutionizing The Process

It's no secret that finding a job can be tough. And it's especially hard if you're not sure where to ...

May 17, 2022
Business

Minimizing Plastic Packaging Waste In Manufacturing

As plastic fills the ocean, landfills and even the air around us, we must find ways to reduce our consumption. ...

May 12, 2022
Business

Why You Should Consider a Home Equity Loan From Private Lenders

A home equity loan is an unsecured loan that allows you to borrow against the value of your home. If ...

May 11, 2022
  • Retail
  • Wealth
  • Cryptocurrency
  • HealthCare Technologies

© 2020 Business System Guide. All Rights Reserved.

No Result
View All Result

© 2020 Business System Guide. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In