New Revenue Streams in Health Data Monetization
Healthcare digitization and data monetization
The healthcare industry is in the midst of a major paradigm shift because:
• There is an increased focus on patient outcomes and wellness as well as emerging payment models owing to the needs of today’s digitally-empowered customers.
• Disruptive technologies such as big data, analytics, cloud, wearables, mobility apps, cryptocurrency, and blockchain are increasing the volume, variety, and velocity of data that companies have to deal with.
To cope with the changes, the industry needs to monetize all this data while stabilizing their digital platforms.