Australian Healthcare is all set to boom

Australian Healthcare

2018 has been a year of rapid development and change for the Australian healthcare sector. The Australian Government is injecting billions of dollars into designing, developing and modernizing healthcare nation-wide.

With the Government set to invest more than $30 billion in additional public hospital funding under a five-year National Health Agreement, Australia is set to see a boom in hospital infrastructure development with funding increasing for every state and territory.

Despite these exciting developments, the year has seen several hospital developments struggle. Designing, developing and operating new health facilities is a complex, time-consuming and costly task that requires effective stakeholder engagement, communication, and planning.

On the technology front, 2018 has been an interesting year – with advancements in robotics, Artificial Intelligence, Augmented and Virtual Reality, and wearable devices providing new care opportunities, especially for aging and rural populations.

Despite these exciting developments, the year has not been full of challenges. With the My Health Record initiative dominating headlines, cybersecurity and data privacy have taken center stage as key issues for healthcare leaders and Government.

To understand the new trends that will set to shape healthcare in 2019 and beyond, the 9th Annual Australian Healthcare Week Summit 2019 surveyed 116 Australian healthcare professionals from the industry, to find out what they think will be the major innovations, challenges, and opportunities that will fundamentally transform healthcare in the coming years.

The megatrends explored in the survey included:

 

  • Infrastructure Investments

 

  • Digital Transformation

 

  • Patient Experience

 

  • Culture Change and Workforce Optimisation

 

  • Aging Populations.