Healthcare Hyperchain: Digital Transformation in the Healthcare Value Chain

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Woodside, Joseph M; Amiri, Shahram
artifact description
Healthcare organizations are currently in an era of significant digital transformation. Organizations are seeking to adapt within a globalized environment with ever-increasing complexity of care and regulatory requirements. To be successful in this new era, organizations must re-envision their value chain to improve patient outcomes, and be flexible and adaptable in their ability to respond to the competitive marketplace. The combination of traditional production and cyber-physical production will indicate the evolution from traditional business models to the emerging non-linear value chains. The aim of this paper is to review the healthcare value chain in the context of digitally-enabled technologies such as hyperledger and blockchain, which have the potential to extensively alter healthcare organizations. The research contributions include development of a reusable hyperchain artifact, construct development, and understanding the shift from the traditional healthcare value chain to the industry 4.0 digital healthcare value chain model instantiation of the hyperchain.