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Singapore Prioritizes Digital Health and AI Investment to Address Healthcare Workforce Shortage

TL;DR

  • Singapore’s healthcare sector prioritizes digital health and AI to combat workforce shortages.
  • A significant percentage of healthcare leaders are investing in AI and virtual care.
  • Collaborations with tech giants like Microsoft and AI labs demonstrate Singapore’s commitment to healthcare innovation.

Singapore’s healthcare sector is embracing digital health solutions and artificial intelligence (AI) technologies to address the growing workforce shortage and deliver more connected and sustainable healthcare. This commitment is based on findings from the Future Health Index 2023 report by Royal Philips, which highlights the nation’s steadfast progress in digital health transformation.

Tackling workforce shortages with digital health

The Ministry of Health in Singapore projected a need for up to 24,000 additional allied health professionals and support care staff by 2030 to meet the demands of an aging population. To address this challenge, a survey involving 200 healthcare senior executives and young clinicians revealed that 75% are already using or planning to use digital health technology. Key areas of focus include cloud-based technologies, out-of-hospital solutions, and workflow technologies such as digital health records and patient flow automation.

Embracing AI in Healthcare

Recognizing the potential of AI in healthcare, 25% of respondents are currently investing in AI technology. Remarkably, 84% have committed to investing in health AI over the next three years. The preferred applications of AI among healthcare leaders are predictive outcomes and clinical decision support. Notably, AI-enabled institutions are highly sought after by young healthcare professionals.

Approximately half of the surveyed healthcare leaders are investing in virtual care, a method recognized for its significant impact on improving patient care. These leaders believe that virtual care models will contribute to a better work-life balance, increased work satisfaction, and enhanced patient compliance and treatment adherence.

The larger trend of AI adoption

Singapore’s strong commitment to AI adoption in healthcare is further evident in collaborations between its national health technology agency Synapxe and Microsoft. They are working together to leverage generative AI to enhance clinical productivity and modernize the country’s public healthcare IT infrastructure.

Additionally, the Agency for Science, Technology, and Research in Singapore has launched a joint AI lab with health tech company EVYD Technology. This collaborative effort aims to facilitate cross-border collaborations in digital health, reflecting the nation’s dedication to advancing healthcare through technology.

Singapore’s healthcare sector is at the forefront of digital health and AI adoption, driven by the need to address workforce shortages and enhance patient care. The nation’s commitment to innovation in healthcare is expected to have a positive impact on both healthcare professionals and patients, creating a more connected and sustainable healthcare ecosystem.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Editah Patrick

Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience.

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