Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

NZ’s health IT sector on verge of a new era

NZ’s health IT sector on verge of a new era

November 2, 2016

New Zealand’s hospital and healthcare industry is on the verge of a digital breakthrough, New Zealand Health Information and Technology (NZHIT) chief executive Scott Arrol says.

Hospitals, clinicians, specialists and private health providers are advancing rapidly into the digital world which is beginning to change the way patients are being treated, Arrol says. He was speaking today at the NZHIT annual meeting in Auckland today.

“We have a fast growing, a strong and innovative health technology industry enabling the delivery of quality health and social services that also provides the platform for international growth. NZHIT is the peak industry body for the health IT sector representing a growing network of organisations and individuals that operate in the NZ health and social sectors.

“We have seen a 41 percent growth in our network with 120 members. Looking ahead we will continue grow as we experience a considerable change in the sector that creates opportunities and risks for everyone. The NZ Health Strategy has set a course of travel over the next 10 years that requires us to be partnering to develop and implement new technological solutions.

“The government spent $15.6 billion on health in the 2015-2016 year. That accounts for about 80 percent of all health spending meaning as a country we spend close to $20 billion a year on health.

“Yet healthcare costs continue to increase due to new technologies and medicines. Global health spending per head is expected to rise by 4.5 percent a year from 2014 to 2018. In this environment, healthcare providers are challenged to find new ways to manage costs and efficiency without compromising service quality.

“Advances in technology are profoundly changing the way health is managed. While the adoption of technology has been slowly improving health outcomes it is more recent emerging technologies that present the biggest opportunities. With the decreasing cost of sensors, the increasing power of data analytics and advances in both robotics and genomics healthcare is entering a technology revolution.

“Globally, hospitals have been slow to adopt robotics and artificial intelligence into patient care, although both have been widely used and tested in other industries. Surgeons are already using robots in the operating theatre to assist with surgery. Since 2000, more than two million operations worldwide have been performed by about 3000 surgical robots.”

Arrol was a healthcare manager for more than 16 years and involved in health service delivery. He understands what it takes to position IT as a key enabler of models of care and health service delivery. He also believes New Zealand has some of the leading exponents for developing IT solutions specifically for the health sector.

Arrol says New Zealand’s health IT sector has a huge opportunity to grow its international presence and build significant export returns. He believes it’s time to move more exporters up the ladder.

“In its own right the health IT sector should be targeting at least $1 billion of exports over the coming five years, that would then provide the platform for a further $1 billion-plus to be added through to 2026.

“None of this can be achieved unless we’ve a strong, local health IT industry that is enabling leading-edge health services for New Zealanders, and can use these proof points to establish offshore success stories.”

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tiwai Point: Rio Tinto Announces Plans To Close Tiwai Point Smelter

Rio Tinto has just announced that it will wind down New Zealand Aluminium Smelters - the Tiwai Point smelter - saying the business is no longer viable. More>>

ALSO:

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: