 Innovation, Incentives, and Information Technology in the Healthcare IndustryPeter Zweifel ()
A chapter in Digital Healthcare in Germany, 2022, pp 17-31 from Springer Abstract: Abstract The objective of this chapter is to find out why the adoption of new information technology (IT) by the healthcare industry has been so slow in the past and whether this is likely to change in the future. The distinction between product, process, and organizational innovation proves important: While product innovation causes an increase in consumers’ willingness to pay and is therefore welcome to those working in the healthcare industry, process innovation is resisted as it usually means performing the same service but at a lower cost. This is also true of organizational innovation, which often entails vertical integration and hence a loss of autonomy (as evidenced by the difficulties of creating Managed Care Organizations). Since information technology has the potential to foster all three types of innovation, incentives in the healthcare sector to adopt it are quite mixed. The analysis is designed to predict the circumstances in which (potential) patients, physicians, hospitals, health insurers, and governments are likely to support the integration of IT innovation in health care, especially in view of the German Digital Health Act of 2019. Date: 2022 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-94025-6_3 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-94025-6_3 Access Statistics for this chapter More chapters in Contributions to Economics from Springer |
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