Healthcare 4.0 value creation – The interconnectedness of hybrid value propositions
Healthcare 4.0, the digital transformation of the healthcare sector through Industry 4.0 technologies, promises to improve patient outcomes, enhance access to healthcare services, improve operational efficiency, empower patients, and even improve the health of nations. This paper contributes to the...
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| Vydané v: | Technological forecasting & social change Ročník 208; s. 123718 |
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| Jazyk: | English |
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Elsevier Inc
01.11.2024
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| ISSN: | 0040-1625 |
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| Abstract | Healthcare 4.0, the digital transformation of the healthcare sector through Industry 4.0 technologies, promises to improve patient outcomes, enhance access to healthcare services, improve operational efficiency, empower patients, and even improve the health of nations. This paper contributes to the understanding of the economic and public value creation potential of Healthcare 4.0 technologies. A qualitative content analysis of 21 innovator interviews provides rich data on the value proposition of Healthcare 4.0 technologies for different stakeholders. The findings highlight previously under-researched stakeholder perspectives, the existence of new types of value creation, the relevance of technology in promoting foundational public values and the interconnectedness of the different value elements.
•Among other efficiencies Healthcare 4.0 can reduce administrative burdens.•Healthcare 4.0 technologies enable new value-added services to increase revenue.•Collaborative data sharing promises value for multiple stakeholders.•Healthcare 4.0 promotes transparency, reliability, trust and professionalism.•Healthcare 4.0 impacts form an interconnected, interdependent value network. |
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| AbstractList | Healthcare 4.0, the digital transformation of the healthcare sector through Industry 4.0 technologies, promises to improve patient outcomes, enhance access to healthcare services, improve operational efficiency, empower patients, and even improve the health of nations. This paper contributes to the understanding of the economic and public value creation potential of Healthcare 4.0 technologies. A qualitative content analysis of 21 innovator interviews provides rich data on the value proposition of Healthcare 4.0 technologies for different stakeholders. The findings highlight previously under-researched stakeholder perspectives, the existence of new types of value creation, the relevance of technology in promoting foundational public values and the interconnectedness of the different value elements.
•Among other efficiencies Healthcare 4.0 can reduce administrative burdens.•Healthcare 4.0 technologies enable new value-added services to increase revenue.•Collaborative data sharing promises value for multiple stakeholders.•Healthcare 4.0 promotes transparency, reliability, trust and professionalism.•Healthcare 4.0 impacts form an interconnected, interdependent value network. |
| ArticleNumber | 123718 |
| Author | Halmosi, Peter Aranyossy, Marta |
| Author_xml | – sequence: 1 givenname: Marta surname: Aranyossy fullname: Aranyossy, Marta email: marta.aranyossy@uni-corvinus.hu organization: Institute of Entrepreneurship and Innovation, Corvinus University of Budapest, Budapest, Hungary – sequence: 2 givenname: Peter surname: Halmosi fullname: Halmosi, Peter email: halmosi@eco.u-szeged.hu organization: Institute of Financial and Economic Analysis, University of Szeged, Szeged, Hungary |
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| Cites_doi | 10.1016/j.techfore.2021.121072 10.1016/j.ijpe.2020.107776 10.1108/17410401211205650 10.1080/00185868.2022.2048220 10.1016/j.giq.2019.01.001 10.3233/IP-150349 10.1177/2158244014522633 10.1016/j.techfore.2024.123580 10.1016/j.jnca.2018.02.008 10.1088/1757-899X/1201/1/012041 10.1056/NEJMp1011024 10.1016/j.jbusres.2020.09.057 10.1016/j.jjimei.2022.100079 10.1377/hlthaff.27.3.759 10.1007/s11277-022-10164-8 10.1080/14719037.2019.1648695 10.1002/9781118900772.etrds0053 10.1108/AAAJ-02-2019-3869 10.1108/IJPSM-04-2013-0054 10.1080/14719037.2019.1679231 10.3390/ijerph20054669 10.1016/j.healthpol.2022.02.005 10.1177/0275074008314203 10.1186/s40900-023-00433-6 10.5465/19416520.2010.495581 10.1016/j.giq.2013.06.002 10.1108/00251740610650175 10.3390/ma15062140 10.1007/s11628-018-00388-9 10.7861/fhj.2022-0109 10.1016/j.jbusres.2023.114135 10.1016/j.healthpol.2022.12.001 10.3390/ijerph20032416 10.1111/isj.12052 10.1007/978-3-030-14730-3_73 10.1016/j.ijpe.2020.107617 10.1016/j.npls.2016.01.001 10.1177/2374373520942425 10.1080/10967494.2020.1829763 10.1057/ejis.2015.11 10.1109/ACCESS.2020.3038858 10.1016/0260-6917(91)90009-Y 10.3390/jsan10030043 10.1080/09537287.2019.1702226 10.1080/14719037.2014.881535 10.1080/14719037.2018.1487577 10.1016/j.techfore.2023.122784 10.1111/puar.12238 10.1177/0840470420942791 10.1016/j.techfore.2021.120601 10.1016/j.techfore.2022.121596 10.15171/ijhpm.2017.75 10.1016/j.techfore.2021.120647 10.1111/j.1467-9310.2005.00389.x 10.1109/TEM.2022.3212007 |
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| Keywords | Healthcare Healthcare 4.0 Industry 4.0 Public value Value proposition |
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