April, 20226 APAC Countries are vehemently emphasizing their commitment to healthcare transformation rather than simply recovering care delivery and quality to pre-pandemic levels. Increased investment in digital health, a continued focus on value, and a growing emphasis on payer-provider partnerships have the potential to improve healthcare delivery for communities across the APAC region and contribute to global health. For instance, medical tourism has grown rapidly in the APAC area, with a predicted growth rate of 15.5 percent between 2017 and 2023. Treatment in Asia is up to 90% less expensive than private healthcare in the United States. According to the Malaysia Healthcare Travel Council, a coronary artery bypass graft in India costs less than $10,000, compared to $92,000 in the United States. However, the Covid 19 restrictions have slowed down medical tourism in APAC countries resulting in a loss of revenue for private institutions.As a result of the loss of medical tourism revenue and the uncertainty surrounding its return, affected organizations are becoming increasingly interested in utilizing their data and applying analytics to recover lost revenue. This change towards a data-driven strategy to enhance revenue and decrease expenses is a new trend with private hospitals focusing on real-world data and data monetization to establish new revenue streams. Similarly In hospitals across APAC, augmented intelligence (AI) for decision support and machine learning continues to be a top priority. The APAC healthcare AI market is expected to develop at a record pace, with a compound annual growth rate (CAGR) of 41.05 percent from 2020 to 2028, according to market forecasts.Our goal with this special edition is to highlight the best-of-breed healthcare solution provider companies that leverage innovative technologies to drive successful diagnosis. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIO's and CXO's.Write to us your thoughts.Annie JohnsonEditorialDigitalizing Healthcare Solutions in APACAnnie JohnsonManaging Editoreditor@apacciooutlook.comArt & GraphicsAmelia StewartDavid ParkerToby LangtonJie Ch'angManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihDan StanleyAPRIL - 08, 2022, Volume 08 - Issue - 04 (ISSN 2644-2876)Published by ValleyMedia Inc.Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comSalesJames Williamjames.william@apacciooutlook.comTo subscribe to APACCIOOutlookVisit www.apacciooutlook.comCopyright © 2022 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Disclaimer: Some of the Insights are based on our interviews with CIOs and CXOs
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