Medtech leaders need to move away from traditional business models and embrace ones that involve integrating, storing, and analyzing extensive health data, as well as learning how to monetize it. This shift will demonstrate the value of new technologies in care delivery, aiding in securing buy-in from healthcare providers. Providers and medtech companies can thus collaborate to deliver proactive, integrated, and patient-centered healthcare, enabling better outcomes, improved patient experience, and reduced costs.
The Future of Medtech: Shaping Connected Care Through Innovation
To facilitate ‘connected care’, medtech industry leaders must break away from conventional business models and embrace those that consolidate, store, and interpret vast quantities of health data, while also exploring ways to monetize this data. The key to gaining provider support lies in proving the value of these technological advancements within the care framework.
By joining forces, providers and medtech firms have the potential to provide proactive, integrated, and patient-centered healthcare services. Through innovative technologies, primary and tertiary care can expand beyond hospitals, enabling high-quality care delivery, even specialist access, regardless of geographical constraints. Discover more about the journey towards building connected care – a model that promises improved outcomes, an enhanced patient experience, and lower costs.