Business Transformation of Healthcare Industry Through Technology and Innovation (with a focus on hospitals)

Abstract

The healthcare industry is at a crossroad and the actions taken now will define the industry for the next two decades. As healthcare players embark on the journey to integrate digital technologies into their business operations, it is imperative to understand the industry‘s need for technology, the benefits that can be offered by integrating digital technologies and evolve a roadmap for an organization to transform its business using digital technologies. Since this project is more focused on the hospitals and how technology will help in shaping the system into a better model which can improve patient-care, reduce cost and increase safety; it is important to understand the business process of how a hospital actually runs.