We discussed the disruptions that hospitals could potentially face when they mix business models. Can ICT enable disruption in entities other than a hospital in the health care ecosystem? Provide a clearly illustrated example of such a disruption involving an entity other than a hospital in the health care ecosystem. It could be health insurance firms, pharmaceutical firms, clinical labs, physicians, etc.
Similar to hospitals, ICT could disrupt the operations of a Pharceutical firm too. ICT can be implemented in a pharmaceutical firm at production level and also tracking the efficacy of the drug on patients.
In a pharma industry, the drug manufactured for a certain illness undergoes several tests. Initially its subject to animal testing for couple of months and if desired response if derived, the same is tested on humans. After a long period of testing its finally launched as a vaccine or drug. There is large amount of data which is required to be analysed and tracked. ICT aids and assists in arriving at logical conclusions.
In this dynamic world, where-in there are new ailments and outbreak of dreadful diseases periodically, there needs to be a close monitoring of the efficacy of the drug. A close monitoring is mandatory as the data complied will lead to usage of drug/vaccine for the symptoms and further diagnosis and treatment of patients. As some of them are life saving drugs, implementing ICT is crucial.
One of the success parameter of a pharmaceutical industry is to launch combination drug, which caters to multiple diseases. This could however lead to complications and hence close monitoring using ICT is mandatory.
Commercial success could lead to compromise in ethics. This could potentially lead to substandard drugs which could be monitored by implemention ICT.
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