Abstract
Due to the complex and fragmented nature of health care, innovative business models are needed to increase efficiency and improve quality of care. There are a vast array of barriers to innovation in health care. An understanding of the elements of a good business model design is essential to overcoming those barriers in order to implement innovative business models in healthcare. Using an innovative business model can help organizations gain competitive advantage. Knowledge of the driving factors in competition and how to build and sustain competitive advantage in health care is vital. With the understanding of the elements of a good business model design and the strategies essential to business model innovation, organizations can then understand how to integrate a business model with strategy to protect competitive advantage.
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Clack, L.A. (2017). Strategies with Service Business Model Innovation. In: Pfannstiel, M., Rasche, C. (eds) Service Business Model Innovation in Healthcare and Hospital Management. Springer, Cham. https://doi.org/10.1007/978-3-319-46412-1_2
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DOI: https://doi.org/10.1007/978-3-319-46412-1_2
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