The same technologies that revolutionized the commerce, transportation, and finance industries are bearing down on the healthcare industry, promising to simultaneously improve care while reducing costs.

The scope of revolutionary technologies includes diagnostics and monitoring, wearable devices, tele-health, medical modeling, smart devices, data management, tracking and delivery, and much more. However, despite the high economic growth and great success in poverty reduction, healthcare is a striking example where least progress has been made in Asia.

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The rapid transformation of Asian healthcare to value-based reimbursement impacts all aspects of the industry including the payers, providers, laboratories, biotech companies, technology vendors, and more.

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This change drives healthcare organizations to rethink their business strategies as they experience pressure on margins and profitability. As new business opportunities emerge, established players must adapt to effectively compete with new entrants bringing new business models that leverage disruptive technologies. But innovators won’t find the solutions without completely understanding the problem.