Smart E-Healthcare Business Model Using IoT

Abstract

A growing movement called the Internet of Things will give the current healthcare industry a new dimension. The advantage over the currently employed conventional approaches in the healthcare industry will be provided by IoT-based e-health solutions like smart infusion pumps, smart monitoring, and health TV. The e-health solutions provided by IoT devices are more precise and responsible in the context of the IoT environment, which offers a number of difficulties along with great possibilities in the field. In the healthcare industry, social and financial considerations are equally crucial in addition to accessibility, cost, and quality. As a result, several companies have developed various business models for altering healthcare systems in order to have an immediate impact on users, especially patients, their families, and the communities in which they reside. Profit generating is the basic goal of every business plan. It is nothing more than a well-organized framework that allows a company to understand its main customers, partners, suppliers, revenue streams, and cost structure. This in turn provides a picture of a company’s identity, strategy, competitors, etc. A more accurate representation of the business’ capabilities, competencies, and customer and client response would be shown.