Despite the healthcare industry experiencing steady growth year over year, many HHIT (Healthcare & Healthcare IT) providers are beginning to see the cracks in their traditional business models. This infographic outlines the various ways HHIT organizations can embrace the Internet of Things (IoT) through smart, connected to products to capture new revenue streams, including optimized customer processes, and improved business outcomes.

1. SOURCES: TSW Power Hour Presentation: Creating Value through Analytics for Connected Products
TSIA 2016 Q3 HHIT25 Index
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WHY YOU NEED TO LEVERAGE
The Healthcare Industry Is Booming
with companies experiencing double-digit growth rates and strong margins.
But There Are Warning Signs!
YOY NET OPERATING INCOME IS DECLINING
OPTIMIZE
CUSTOMER
PROCESSES
Information
Services
Operational
Services
Increased
Revenue
Risk
Mitigation
Reduced
Costs
MEDICAL SYSTEMS MEDICAL SOFTWARE
UNLOCK NEW
REVENUE
STREAMS
+22% +14%
POINTS
DOWN3
MEDICAL SYSTEMS MEDICAL SOFTWARE
51% 59%
REVENUE GROWTH SERVICE MARGINS
IMPROVE
BUSINESS
OUTCOMES
Adoption
Services
BUYING POWER IS SHIFTING FROM
ECONOMIC BUYERSCLINICIANS
PROCESSOPTIMIZATIO
N
BUSINESSOUTCOM
E
S
What’s Next?
Harness the power
of technology
to deliver...
IOT IN HEALTHCARE
ONLY
33%OF
HEALTHCARE
COMPANIES
HAVE PROFITABLE
REVENUE GROWTH
SELLING,
GENERAL32%
ARE UNSUSTAINABLE
AND ADMINISTRATIVE EXPENSES