More than half of Australian healthcare professionals and the general public believe integrating the internet of things (IoT) into healthcare will increase costs, according to a Future Health Index study by Dutch electronics company Philips. The study revealed that this perception is slowing the adoption of "connected care technology", despite 40 percent of healthcare professionals in the country believing the technology is important in "improving treatment and diagnosis of medical conditions". A study by the Commonwealth Scientific and Industrial Research Organisation suggested a national telemonitoring initiative could save up to AUD3bn ($2.3bn) a year.
More than half of Australian healthcare professionals and the general public believe integrating the internet of things (IoT) into healthcare will increase costs, according to a Future Health Index study by Dutch electronics company Philips. The study revealed that this perception is slowing the adoption of "connected care technology", despite 84% of healthcare professionals in the country believing the technology is important in "improving treatment and diagnosis of medical conditions". A study by the Commonwealth Scientific and Industrial Research Organisation suggested a national telemonitoring initiative could save up to AUD3bn ($2.3bn) a year.