
The Electronic signature software market is one of the fastest-growing markets across the world. By 2020, the electronic signature market size will grow by 39% and will reach $9.07 billion by 2023 with growing at a CAGR of 34.7% according to the P&S intelligence report.
Hospitals and clinics deal with a lot of paperwork such as registration documents, consent for treatment plans, and medical discharge, by collecting traditional handwritten signatures from patients requires the use of paper form that implies printing and scanning which can lead to delays in admissions, potential document losses, and high financial costs.
Through the transformation of technology in the healthcare industry, hospitals should implement E-signature systems for admission registration and consent healthcare institutions which can speed up the documentation process and reduce errors while saving on printing and filling costs to get highly secured information.
Electronic signature allow medical organizations and healthcare industries to use Electronic signatures to a wide variety of forms and documents, such as:
1-Customer documentation:
Every patient in hospitals has documents regarding their health status and they are often required to sign those documents, So electronic signatures are used to sign those documents from anywhere without having to present which saves time and money.
2-Approving medical procedures:
Any hospital always requires patients to sign their agreement to be involved in a particular medical procedure. Electronic signatures are used to sign those documents so you don’t have to print those documents and give hospitals the ability to store them electronically for future references.
3- Paying medical pills:
Patients can use electronic signatures on medical pills rather than signing them manually to avoid double payment for pills.
4- Signing medical reports:
Doctors can use Electronic signatures to sign medical reports that will ensure the text can access the material from any electronic device that allows one to access the database.
In addition, The electronic signature systems eliminate the paper original for all those documents where a signed paper copy is required, those are some reasons to implement electronic signatures:
1- Cost-Saving:
E-Signature eliminates the financial, productivity, and environmental costs of paper forms.
It reduces the problems that arise from accumulating patient paper documents.
2- Time-Saving:
E-signature reduces the time spent on handling the administration of documents, gives more time devoted to patients.
3- Increase efficiency:
Electronic signature solutions using electronic medical record systems eliminate document loss.
4- Increase patient satisfaction:
E-signature streamlines the patient admission and administration process, Reducing waiting time helps increase patient satisfaction.
5-High Level of Security:
Electronic signatures are safer and more secure than traditional paper documents, IT helps you to protect your private and legal documents. This tool doesn’t allow anyone to enter into your records and no one can copy your signature.
In conclusion;
SBS offers Electronic signatures which are powerful and essential Tools that are used in healthcare organizations to simplify the transition away from paper-based systems to enhance patient and staff experience. And also increases patient satisfaction by reducing waiting time and providing a high level of security and acceptance available.