19 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.
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.