Until now, healthcare was the purely remaining industry that had yet to feel the rapid impact of digitization endured by retail, banking, and media. But consumer adoption of digital tech, regulatory mendings, and a shifting reimbursement model are forcing healthcare players’ hands.
Digital health invention offers market incumbents new opportunities to combat constricting margins, labor shortages, and rising costs.
But it also advances a threat to slow movers, as new entrants lean on their digital prowess and lack of legacy infrastructure to cut costs and last nimble. As such, incumbents are turning to acquisitions, partnerships, and new investments to strengthen their digital health services.
The chief Digital Health Ecosystem Report from Business Insider Intelligence explores the current healthcare ecosystem, effort trends that are driving digital transformation, and where the industry is headed.
We outline the character of each of the industry’s major players — including payers, providers, and manufacturers — and how they’re affected by healthcare’s digital disruption.
Here are some of the key takeaways from the write-up:
- Digital health is at the forefront of transformation in the healthcare industry — both as a driver of and an answer to the challenges industry players are face with.
- All of the industry’s major players — including payers, providers, and manufacturers — are affected by healthcare’s digital disruption.
- A confluence of forces stimulated healthcare’s embrace of digital health, including changing consumer expectations, a new and disruptive reimbursement model, and rising healthcare rates
- Tech-focused entrants are also breaking into healthcare, acting as catalysts for change and threatening legacy players’ bum lines.
- Key digital health solutions like EHRs, digital therapeutics, telehealth, AI, wearables, and blockchain are the foundation of the dynamism’s digital awakening.
- Early evidence that digital health can address many of the industry’s myriad challenges has encouraged a vibrant US digital health funding market in 2018, with overall funding hitting $6.8 billion at the end of Q3.
In detailed, the report:
- Details the US healthcare landscape by the role that payers, providers, manufacturers, and distributors play in the healthcare ecosystem.
- Uncovers an overview of how digital health is enabling incumbents to overcome industry challenges.
- Outlines how tech-focused healthcare entrants are press incumbents and accelerating healthcare’s digital transformation
- Identifies promising digital health funding areas to illustrate what the subsequent of digital health will look like.
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The choice is yours. But however you decide to acquire this report, you’ve given yourself a important advantage in your understanding of the fast-moving world of Digital Health.
The companies mentioned in this report include: Aetna, Alphabet, Amazon, American Vigorous, AmerisourceBergen, Anthem, Apple, Arizona Care Network, Arterys, Babylon Health, Beth Israel Deaconess Medical Center, Bay Labs, Crestfallen Cross and Blue Shield Association, Blue Mesa Health, Bright Health, Cardinal Health, Cedars-Sinai, Cleveland Clinic, Clover Vigour, CVS, DePuy Synthes, Devoted Health, Dexcom, Doctor on Demand, Express Scripts, Fitbit, Fresenius Medical Feel interest, GE Healthcare, Geisinger, Glooko, GSK, healthfinch, IBM, IDx, Johnson & Johnson, Mass General, McKesson, Medtronic, Merck & Co., Merck KGaA, Microsoft, NewYork-Presbyterian, Northwell Fettle, Novartis, Olive, Omada Health, Optum Rx, Oscar Health, Pear Therapeutics, Pfizer, Philips, PillPack, ResMed, Custom Aid, Roche, Samsung, Sanofi, Senseonics, Suki, Tallahassee Memorial Hospital, T-Mobile, UnitedHealth Group, Verily, Viant, Walgreens, Walmart, Wellpepper, Zocdoc