Business Approach for IoT based Health Solutions in India with respect to Osterwalder Framework

Jog, Yatin; Sharma, Apurva; Mhatre, Kalyani; Abhishek, Anand

doi:10.14257/ijbsbt.2015.7.6.18

Cited by 4 publications

(2 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…As this is a technology not so feasible now, but in coming years, this technology will meet the physical world definitely. The e-Health solutions provided through IoT devices are more accurate and accountable in the emerging IoT business landscape, which offers and provides various opportunities and challenges to an industry [25].…”

Section: Internet Of Things (Iot) In Healthcarementioning

confidence: 99%

IOT Service Utilisation in Healthcare

Dauwed¹,

Meri²

2019

IoT and Smart Home Automation [Working Title]

View full text Add to dashboard Cite

Utilising the new trend technologies in healthcare sector could offer alternative ways in managing the patients' health records and also improve the healthcare quality. As such, this chapter provides an overview of utilising the Internet of Things (IoT) technology in healthcare sector as an emerging research and practical trend nowadays. The main benefits and advantages have been discussed in this chapter. On the other hand, it has been found that most of the hospitals in different countries are still facing many issues regarding their health information exchange. Recently, various studies in the area of healthcare information system mentioned that the fragmentations of the health information are one of the most important challenges with the distribution of patient information records. Therefore, in this chapter, we gave an in detail overview regarding the current issues facing the health sector in line with the IoT technologies. Additionally, a full description of advantages and disadvantages has been highlighted for using IoT in healthcare that can be considered as solutions for the mentioned issues.

show abstract

Section: Internet Of Things (Iot) In Healthcarementioning

confidence: 99%

IOT Service Utilisation in Healthcare

Dauwed¹,

Meri²

2019

IoT and Smart Home Automation [Working Title]

View full text Add to dashboard Cite

show abstract

“…Business model innovation can be perceived as "discovery of a fundamentally different business model in an existing business" (Markides, 2006), it generally means that an organization is searching for new business processes, new ways of creating and capturing value for different stakeholders (Casadesus-Masanell, Zhu, 2013). Innovations of business models in health care mainly concern areas related to the socalled digitalization, e-health and telemedicine (Garrety et al, 2014;Jog et al 2015). In addition, innovations may also concern the extension of health care for the elderly, as well as the modification of the business model in the field of regenerative medicine (Banda et al, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Business Model Transformation – Challenges for the Management of the Health Care Entity

Szewieczek¹

2019

EMS

View full text Add to dashboard Cite

Every organisation has shaped its business model, which defines the way of creating value. Obviously, there several incentives for development as well as factors limiting the modification of business models. They can concern various sectors and also be analysed in various information sections. When looking for the determinants of shaping business models, one should carry out their classification. Conducting medical activity takes place in a special environment and the creation of business models in a health organisation requires close attention. Financing health care is predominantly made from public funds. As a result, shaping the revenue stream is significantly limited, as well as its differentiation. In turn, in terms of costs, unfavourable phenomena occur, causing their growth. Healthcare services are provided under quite special circumstances. Among other phenomena, one can perceive the movement of human resources from less wealthy economies to those offering more favourable employment conditions. It is also possible to identify determinants resulting mainly from the law regulation, as well as located in the field of behavioural, cultural and social factors. The phenomena mentioned above results in the transition of the business model of medical activity. These effects are also noticeable in financial flows of costs and revenues, as well as in cash flows. All of the mentioned above phenomena are important for managers who tend to pursue the set goals. In some situations, it is advisable to change the way the organization operates, to shape its organizational structure and network of connections with the environment. The aim of the article is to identify and classify barriers and incentives of business model transformation in health care organizations. The hypothesis states that among the determinants of business model transformation in health care organization tax optimization and limited resources availability are very important for their managers. The research methods contain meta-analysis of literature, observation, case-study and cause and effect relationship analysis as well as the method of synthesis.

show abstract