How does MVP development in healthcare work? Benefits + examples

A minimum viable product or MVP is your first step to entering into a business segment. In healthcare, its value is much more because your product is going to impact the lives of the patients. You must start small with an MVP, gather feedback and improve your healthcare product. Try, test, and improve your idea because every healthcare business has done the same. They never launched a full-fledged application and started with an MVP of their product.

An MVP healthcare providers can consult you with different types of healthcare business ideas and the key features required. Before hiring a company for your healthcare MVP, you must know the benefits of launching an MVP product.

Healthcare MVP benefits for businesses

Time-to-market is fast

You do not have to wait for a couple of months to develop and launch a complete healthcare product. You can include basic and essential features and rather spend time in UI/UX design to launch your MVP quickly in as short as 4 weeks with Knovator IT solutions. Adding only the necessary features that solve customer pain points and the latest web/app and software design trends can help you garner users’ attention and launch quickly keeping current market scenarios in mind.

Saves human efforts and cost

You are saving human efforts by not including the entire healthcare apps feature in your first MVP release. It helps you save costs on IT, customer service and keep your budget for future iterations.

Real-time testing and faster consumption

This is a great recommendation from Knovator Technologies – a healthcare MVP product development company. Your app or software does not contain many screens and users can quickly consume the information and take the next steps.

You can also invite a targeted user base that can test your healthcare MVP and give instant and useful feedback before launching the actual MVP product. Hence, you are encouraging real-time live testing of your MVP and receiving feedback to improve before launching the app. You will also feel confident that the MVP will appeal to the larger customers’ base and help them achieve their healthcare goals while giving you feedback.

Helps in product development

The product department team gets a chance to interact with users and plan your product backlog based on budget, feedback, automation, innovation, and artificial intelligence. This approach will help you achieve a product that is user-centric and functional.

Clear and consistent focus

A limited set of features can help all the users associated with MVP healthcare providers to have a targeted and clear focus on the product. It keeps everyone on toes and everyone feels that they are contributing to the MVP cause. Developers do not have to add unnecessary features that are not required as the team is aware of the scope and the iteration process.

Plan a roadmap as per your strengths and budget

From day one, your MVP healthcare providers and your internal staff are aware of the features and the process. As you launch MVP and get more feedback from software and app users, you can develop use cases, convert them into agile EPIC and stories, discuss and prioritize them, and then create future release cycles.

This is a great way to manage your budget and also adjust the backlog to keep up with the evolving customer expectations and regulations.

Pitch the idea to venture capitalists

Keeping all the above points, you can prepare a pitch and include the features available in the current MVP, feedback from customers, real-time data, and your future vision and present it to venture capitalists to raise funds. It will be easy to get seed funding because investors will know that your vision is clear and focused. Start with an MVP and plan future sprints and custom software development with the help of seed funding.

The above features will help you think and launch a healthcare MVP.

The next question is, how many types of healthcare MVP products can be developed and delivered by an MVP development agency?

You can launch an MVP in 7 segments, including:

Remote patient monitoring – Patients can record their vitals in the app and doctors can monitor their vitals from any location. It’s easy for a doctor to monitor blood pressure, sugar levels, oxygen levels, and other vitals through remote patient monitoring solutions.

General and fitness – The general fitness segment has picked up pace post Covid-19. You can download a mobile app and enter your fitness goals. The app will provide the calories to intake and calories to burn. You can enter your food and portion details and calculate them. Users can also search and connect to various workout trainers and nutrition specialists to stay fit right from your home. Users can also connect with the community and stay motivated towards their fitness goals using mhealth app development.

Medication reminder – Users can enter their medications and their schedule. The app will send them reminder notifications to take their medication on time. Once taken, they have to click and confirm using the telemedicine app development solution. At any time, a caregiver or patient can view the schedule of missed medications and take the next steps.

Prior authorization – Prior authorization systems record prior authorization requests and then communicate with payers through EDI/API/RPA mechanism and then submit a prior authorization number with start/end dates.

You can also take the services of an MVP development agency to build your prior authorization system. Automate around authorization denials and requests so that claims can be resubmitted with proper authorization details and/or patient information is updated with an accurate prior authorization number.

Telemedicine and Telehealth – Telemedicine and telehealth are always safe and popular healthcare MVP options. Patients in high numbers require the appointment of doctors of any specialty for treatment purposes. Physicians can also create their schedules, accept appointments and provide consultation via text, SMS, audio, and video interface.

Doctors can also submit e-prescriptions via the telehealth software solution.

Care management app – These apps can monitor the vitals of patients who have just shifted from a hospital to home care. In case of emergencies, the app can detect the borderline vitals and intimate a doctor via SMS or to a caregiver, nurse and physician.

Productivity apps – Clinical staff requires automation of repetitive admin work like entering an order, providing training to junior staff, submitting a care plan to a patient, and managing their goals. Doctors also require automatic symptoms collection, remote dictation services, and automatic prescription writing to manage their time and attend to more patients

Conclusion

Developing a healthcare MVP is a welcome move for a business to gauge the pulse of customers and also build a sustainable healthcare venture. You can consult with Knovator Technology – an MVP Product Development Company. We’ll prepare a prototype of your MVP. We’ve already delivered healthcare solutions to several global clients and will help you realize the true value of the healthcare business with our extensive experience and seasoned team.