These days, the eCommerce, Logistics, and Healthcare IT are the hottest sectors in the startup community. The first two sectors eCommerce and logistics has made our lives easier and simple on a different note, healthcare IT is a tremendously critical domain and the righteous solution can truly help the user in their decisive needs.

Revolution with intense energy is being in Healthcare Industry driven by a fundamental transformation in the expectation of all stakeholders — governments, payer, providers, employer, and patients.

Healthcare organizations have comprehended their business mock-ups which are supported with the tenants of the legacy system. These organizations understand that they reexamine the outcomes of their value proposition and its effects on economic and health vitality of their organization, the communities, nation and individuals whom they serve. Front runners of these industries are pugnaciously driving the innovation into the mains of their services and business models, for not only achieving the incremental changes but also for the fundamental transformation in their way of thinking about the services they deliver.

The new characteristics of our industry have already started to take shape. The more healthcare value payers, from governments to employer to individual consumer, are refusing the existing system. Limits between the payer and the healthcare provider are reducing, with the great willingness to accept the risk on the part of healthcare providers. Most importantly, there is an essential shift away from the fee-for-service model, volume –based that has dominated the health care industry for decades, to more outcome-driven, performance-based approaches. Also Check Digital transformation in Healthcare Industry.

All these transformations in the healthcare industry are placing the new foundation for a more integrated and purposeful system to progress. Across the ecosystem, they are forcing the healthcare industry to restructure their operation, reconsider their business models and to redefine the meaning of value and success for themselves, stakeholder and their consumers in this rapidly transforming industry. For the healthcare organizations to flourishing in the environment will need advanced skill competencies that enhance the efficiency, increase responsiveness and pave the way for the changes.