Tourkakis, George¹,

Address: 34-36 Poulatzaki, Kalamaria 57001

Mobile phone: 6941 496205

Dr. Chatzipetrou, Evrikleia²

¹ PhD Student, Department of Accounting and Information Systems, International Hellenic University, Thessaloniki, Greece

e-mail: George.Tourkakis@aig.com (corresponding author)

² Assistant Professor, Department of Accounting and Information Systems, International Hellenic University, Thessaloniki, Greece

e-mail: chatzip@ihu.gr

Abstract

This paper investigates the recent advancements in healthcare, taking into account the new possibilities of the new technologies and of personalized medicine. Furthermore, it aims to shed light not only on the impact that health digitalization may have on global health but also on the financial aspects and management accounting implications. It explores the way through which advanced technologies, such as blockchain technology, the Artificial Intelligence (AI), and the Augmented Reality/Virtual Reality (AR/VR) systems, offer transformation in healthcare delivery. It also explores the main elements of digitalizing healthcare, such as Electronic Health Records (EHRs), Telemedicine, mHealth, AI and Machine Learning (ML) technological systems and Internet of Medical Things (IoMT). These technologies are able to enhance data security, diagnostic accuracy and medical training, while improving the efficiency of administrative tasks and management decision-making processes. Moreover, the paper presents the benefits of personalized medicine, by emphasizing the significance of genomics and individualized treatment plans that offer targeted therapies, genetic screening and precision medicine and their potential impact on various management accounting processes.

Keywords

Digitalization; Healthcare; Electronic Health Records (EHRs); Mobile Health (mHealth); Artificial Intelligence (AI) and Machine Learning (ML), Management Accounting.