[Infographic] Why You Need to Leverage IoT in Healthcare

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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.

Health & Medicine

SOURCES: TSW Power Hour Presentation: Creating Value through Analytics for Connected Products
TSIA 2016 Q3 HHIT25 Index
© All rights reserved. Technology Services Industry Association (TSIA)
www.tsia.com
@TSIACOMMUNITY | #TSIA
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

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[Infographic] Why You Need to Leverage IoT in Healthcare

1. SOURCES: TSW Power Hour Presentation: Creating Value through Analytics for Connected Products TSIA 2016 Q3 HHIT25 Index © All rights reserved. Technology Services Industry Association (TSIA) www.tsia.com @TSIACOMMUNITY | #TSIA 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

[Infographic] Why You Need to Leverage IoT in Healthcare

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