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Emerging technologies in healthcare: navigating risks, evaluating rewards
Elizabeth McGrady1, Sue Conger, Sandra Blanke
1Health Care Management, Appalachian State University, USA. elizabethmcgrady@sbcglobal.net
Summary
Decision makers can improve healthcare with emerging technologies like radio frequency identification (RFID), global positioning systems (GPS), and nanotechnology. Careful planning and management are key to navigating these advancements for resilient healthcare organizations.
Area of Science:
- Healthcare Management
- Health Informatics
- Emerging Technologies
Background:
- Healthcare organizations face evolving technological landscapes.
- Informed decision-making is crucial for adopting new technologies.
- Understanding the implications of emerging tech is vital for organizational resilience.
Purpose of the Study:
- To inform decision-makers about three key emerging healthcare technologies.
- To describe the applications, risks, and managerial issues of RFID, GPS, and nanotechnology.
- To guide healthcare organizations in navigating technological paradigm shifts.
Main Methods:
- Prescriptive research approach.
- Analysis of current applications and future deployment of technologies.
- Evaluation of potential risks and managerial challenges.
Main Results:
- Radio Frequency Identification (RFID) and Global Positioning Systems (GPS) offer cost reduction potential but require investment and carry disruptive risks.
- Nanotechnology, while nascent, holds revolutionary potential for medicine delivery and infrastructure management.
- Successful adoption hinges on addressing managerial issues and implementation details.
Conclusions:
- Healthcare organizations must strategically manage technological integration.
- Navigating emerging technologies like RFID, GPS, and nanotechnology enhances organizational resilience.
- Proactive attention to implementation details is critical for future healthcare success.
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