Due to the advancement of telemedicine and wearable apps, as well as stiffer regulations controlling patient access to their medical records, there has been an exponential spike in demand for medical APIs over the past several years. Healthcare providers can now connect and collaborate more effectively with patients and other providers using website portals, smartphone apps, and other communications and access points. The secret to making this interconnectivity possible is healthcare APIs! APIs facilitate the integration of consumer wearables, appointment scheduling, payments, and remote patient monitoring.
The global market for healthcare APIs was estimated to be worth USD 1.7 billion in 2021 by Nova one advisor, and it is anticipated to reach USD 2.0 billion by 2027, growing at a CAGR of 8.7% from 2022 to 2027.
API stands for Application Programming Interface. Here, the ‘application’ is specific software, ‘programming’ is the coding used to develop that software, and the ‘interface’ shows the mediator of two entities coming together to communicate and exchange information to serve a particular purpose.
In short, a medical API allows uninterrupted data transfer while keeping the data secure. Electronic health records (EHRs) get shared with patients and other doctors who need to view and input patient data, allowing patients to access their information on a secure platform.
In reality, as technology in healthcare delivery rises, healthcare APIs are crucial to empower patient-facing applications that have produced new routes for medics to interact with their patients. The quality of care given to the patient can vary depending on how easily and securely the patient and the physician can access information. API works as a life savior here.
You can get numerous benefits by using healthcare APIs when building medical applications.Following are the top three benefits:
API offers the developers with necessary tools & functions that make their tasks a lot easier. As a result, you save your precious time as it makes the process faster and lets you wait less for your product’s launch.
API speeds up and streamlines the process of conducting medical research by facilitating international collaboration and providing rapid access to data. Without it, research would be carried out independently of one another, and results would show up considerably more slowly. Medical APIs help researchers swiftly analyze the findings of several studies, find novel treatments, and track the progression of hereditary illnesses.
API enables quick data exchange with a single, streamlined solution for managing protected medical information. Additionally, it permits immediate connection to pre-existing information sources, like electronic documents and research databases. Become the industry leader by offering cutting-edge data security guidelines. Your healthcare API service must ensure multi-level protection and adhere to legal specifications.
Registration API- This is specially intended to manage the registration procedure involved with the electronic medical report system. Engineers create user-friendly interfaces for patients using these registration APIs. The management of patient-specific data exchanges can then be handled by integrating them with various EMR systems.
Scheduling API – Patients adore having the option to book doctor appointments directly from the applications or software. Additionally, you may incorporate the appointment booking feature, issue reminders, synchronize with other calendars, or search for available appointment times using the scheduling API. Again, you may change, postpone, or cancel appointments without having to make a phone call just by using APIs.
Financial API – Financial APIs are associated with money transactions between all the integrated parties, like hospitals, health insurance companies, pharmacies, etc.
When this technology integrates into your system or app, the doctors can produce and deliver prescriptions to patients or insurance agencies or automate payment posting, such as eBilling.
Hospital Management API- Any clinical data exchange via EHR/EMR systems of various standards is managed by hospital management APIs. These systems would contain data streams such as treatment schedules, information about patient medications, information about immunizations, and a thorough family medical history. The doctor considers this information while deciding how to treat the patient, and data is readily available and secure when using a medical API.
Ancillary API – Ancillary APIs can combine data accommodated in systems separated from the primary medical functions. These might include telemedicine platforms, nutrition, pharmacy, and laboratories.
Public Health API – Public Health APIs can share clinical data that can be reported to the general public, professionals, federal registries, or research organizations. In case of a hazard, like the recent one (Covid 19), it can be utilized to monitor public health. These APIs make it simple to swap data between public health surveillance systems like EHRs.
One APIMarketplace, a product of DigitalAPICraft, provides a combined healthcare solution that aids in adopting new FHIR-based APIs (Fast Healthcare Interoperability Resources) for clinical data sharing by payers and healthcare providers. This would work as a boon to your healthcare software development.
Now healthcare organizations can comply with CMS/ONC regulations more quickly with pre-built SMART on FHIR APIs and adaptable workflow using our solution of healthcare API service. Based on One APIMarketplace, this solution is driven by the Apigee and Google Cloud healthcare accelerators.
Medical API has influenced healthcare software development positively. Before API, it was challenging for healthcare providers to interact with patients and get data efficiently. We can safely expose the data points through an API marketplace and make them available to both people and stakeholders in the healthcare sector, increasing industry productivity and fostering innovation in population health solutions. . By enforcing security, implementing governance, and collecting analytics, healthcare API marketplace enables provider organizations to create, publish, and manage APIs.