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Digital Transformation and Disruption of the Health Care Sector: Internet-Based Observational Study
Maximilian Herrmann1,2, Philip Boehme1,2, Thomas Mondritzki1,2
1Didactics and Educational Research in Health Science, Faculty of Health, Witten/Herdecke University, Witten, Germany.
Journal of Medical Internet Research
|March 29, 2018
Summary
Digital transformation in healthcare is accelerating, with startups driving disruptive innovation. Collaborations between startups and established corporations can lower costs and improve care quality.
Area of Science:
- Digital Health
- Healthcare Innovation
- Business Strategy
Background:
- Digital innovation is transforming industries, with healthcare recently gaining focus.
- The healthcare sector faces pressure from digital corporations, cost containment, and patient demands for improved care quality.
- This landscape necessitates a digital and value-based transformation with significant implications.
Purpose of the Study:
- To operationalize the discussion on digital and disruptive innovation in healthcare.
- To identify technological enablers, business models, and value networks emerging from different innovator groups.
- To understand the digital transformational efforts within the healthcare sector.
Main Methods:
- Identified 100 leading companies (tech, life science, startups) in healthcare from Forbes 2000 and CBinsights.
- Analyzed over 400 projects and collaborations within a digital context.
- Evaluated projects based on patient value, business model distinctiveness, solutions, and customer needs.
Main Results:
- Established corporations focus on incremental innovation supporting existing business models.
- Startups demonstrate flexibility, exploring new markets and transforming business models, offering greater disruptive potential.
- Startups provide more diversified value propositions, addressing broader healthcare areas.
Conclusions:
- Digital transformation offers opportunities to reduce costs and enhance healthcare performance.
- Business models can be strengthened, and disruptive innovation fostered through digital transformation.
- Collaborations between corporations and startups can mitigate investment costs and leverage regulatory knowledge for digital disruption.
Keywords:
delivery of health carediffusion of innovationdigital transformationdisruptive innovationefficiencyentrepreneurshiphealth care reformhealth care sectorincremental innovationmodelsorganizationalorganizational innovationMore Related Videos
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