Digital technology and the huge volumes of all kinds of data fueled by the Internet of Things (IoT) are driving vertical integration within the sector of healthcare, in accordance to a recent report from research firm Frost & Sullivan.
Boundaries between the segments in the industry are blurring as agencies seek to expand market reach, drive efficiencies and acquire opportunities emerging from technological advances, the report stated.
Digital technology will assist to support new models of care delivery, expanded access to healthcare services, better outcomes and efficiency, and greater value to all stakeholders. Although, agencies vary highly in their capacity to deliver such solutions, the firm pointed out.
“The imperative to add new Information Technology capabilities and innovate is driving a broad array of stakeholders to converge and collaborate, developing a heated healthcare deal landscape for conventional mergers and acquisitions, joint ventures and new kinds of less-formal partnerships,” claimed Nancy Fabozzi, transformational health principal analyst at Frost & Sullivan.
“Flexible deal structures like joint ventures and partnerships, in specific, give a faster, less-risky path to progress and innovation for healthcare agencies,” Fabozzi claimed.
Digital health strategic partnerships and joint ventures in the year of 2016 have focused on consumer engagement, wellness and analytics, the report stated. The aim for stakeholders is to foster clinically integrated and decentralized care systems that serve motivated, technology-savvy customers, who greatly value convenience and personalization.
“Several CEOs express a deficiency of confidence in their capability to victoriously execute on the partnership strategy,” Fabozzi claims. “Among the potential regions of concern are handling the disruption; establishing solutions to cater to cross-care continuum use from hospital to home; and zeroing in on business models that not just scale solutions but also meet the requirements of multiple client groups and global markets.”
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment