This presentation discusses the concept of ecommerce in healthcare system and the advantages of integrating ecommerce with the business of healthcare industry. The presentation outlines the different models and technologies associated with e-business and concludes the impact of e-business on organizational processes and outcomes.
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E-commerce in Health Care System
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Presentation Outline •The presentation will cover the following topics- Introduction Ecommerce: The Concept Recent Development in E-business Industry E-Commerce in Healthcare E-Commerce in Healthcare: Recent Development E-Commerce in Healthcare: Future Direction E-Business Infrastructure E-Commerce Infrastructure E-business Models Payment and Security in E-business Impact of E-business on organizational processes and Outcomes Conclusion
Introduction •The purpose of this presentation is to discuss the role of ecommerce in heath care sector (Holliset al.2015). Ecommerce is found to grow in the healthcare tech sector thus, increasing the demand of the quality healthcare product. •The presentation aims in articulating the recent development in the field of e-business and its possible future directions •In this context, the impact of different e-business strategies in different organizational processes and outcomes will be evaluated.
Introduction (Cont..) •The presentation aims in discussing the concept and processes of e-business technologies that has the capability of transforming an organization for various competitive advantages. •The presentation will be evaluating the concept of ecommerce as well.
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Ecommerce: The Concept •The term ecommerce can be described as a type of internet commerce, related to buying and selling of goods over internet. •E-commerce therefore helps in executing any sorts of transaction with ease
Ecommerce: The Concept(cont..) •The term Ecommerce encompasses online retails as well as different electronic transactions •E-commerce relates to e-business as it is one of the most significant drivers of business (Akter and Wamba 2016). •Businesses make use of different types of e-business system in order to maintain the competitive advantage
Ecommerce: The Concept(cont..) •E-business, most specifically, the ecommerce has been revolutionizing the way in which a business is conducted. •E-commerce or the concept of e-business brings about certain innovations in the process of business management.
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Ecommerce: The Concept(cont..) •One such innovation is seen in the healthcare sector. •Ecommerce in the field of medical became important over the years. •This is mainly because the ecommerce platforms provide an unique opportunity for increasing the communication among the doctors and the patients.
Recent Development in E-business Industry •Use of ecommerce in business, provide a number of advantage to the business. •With the use of ecommerce, the paperwork associated with a business is eliminated as it helps an business organization in efficiently manage the existing systems (Ermakova, Fabian and Babina 2015).
Recent Development in E-business Industry (Cont..) •These systems include the payment gateways, management of supply chain and customer relationship management. •Thus, E-business industry is providing the business organizations an option to integrate all their business processes for seamless operations.
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Recent Development in E-business Industry (Cont..) •In this context, the use of e- commerce in healthcare system is evaluated. •E-commerce or e-business has a large influence in the healthcare sector. •Thus, it can be concluded that the rise in ecommerce is affecting the healthcare business
E-Commerce in Healthcare •The integration of e-commerce with the healthcare sector is gradually changing the traditional healthcare delivery system. •Integration of e-commerce in health care becomes a necessity mainly due to the escalating service costs and declining in patients’ benefits.
E-Commerce in Healthcare (Cont..) •With the integration of ecommerce with healthcare, it is possible to reduce to operating cost along with the enhancement of the communication flow, which were earlier not possible.
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E-Commerce in Healthcare (Cont..) •E-commerce along with its reengineering effort enables the healthcare industry to conduct different business transactions. •This helps in removing all types of physical and the geographical boundaries or barriers related to such transactions.
E-Commerce in Healthcare: Recent Development •E-commerce is bringing changes to the healthcare industry as impact on different segments of the industry is seen. •With the introduction of ecommerce, the process by which the healthcare products are being sold is changing as well (Oliveira and Dhillon 2015).
E-Commerce in Healthcare: Recent Development (cont..) •In this era of technology, a larger portion of the consumers prefer to purchase goods through online channels, which holds true for healthcare as well •With Ecommerce, it is possible to increase an access to the different healthcare products, which includes, nutritional supplements and even toothbrushes. •It is expected that the pressure of adopting ecommerce in healthcare is expected to increase.
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E-Commerce in Healthcare: Future Direction •Researches prove that the healthcare industry is seeking centralization in business management along with strategies of directly reaching to the customers. •The challenges faced in this regard is expected to be mitigated by making use of ecommerce (Abdelhak,Grostick and Hanken 2014.).
E-Commerce in Healthcare: Future Direction (cont..) •It can therefore be commented that a shift from the traditional healthcare practices to ecommerce is expected (Laudon and Traver 2016). •With the use of ecommerce and e-business, it is possible to increase and enhance the accessibility of the healthcare services.
E-Business Infrastructure •E-business infrastructure can be described as a process of collection of different platforms, networks and products that ensures appropriate data flow •In this context, the different components of ecommerce infrastructure is needed to be evaluated
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E-Commerce Infrastructure •The hardware components of ecommerce Infrastructure are as follows- Servers Proxy Servers Load Balancers Firewalls Encryption Devices Interactive Voice Response Units
E-business Models •The main e-business models are as follows- •Business to Business (B2B) •Business to Consumer (B2C) •Consumer to Consumer (C2C) •Consumer to Business (C2B)
E-business Models: Healthcare •The E-business or ecommerce model that is used for ecommerce in healthcare includes the business to consumer or B2C model (Veitet al.2014). •Unlike B2B model, the B2C model directly sells its products to the consumer.
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E-business Models: Healthcare (cont..) •The healthcare industry is aiming to provide direct services to the customers. •The B2C ecommerce model helps the healthcare system in providing direct services to the customer.
Payment and Security in E- business •In Ecommerce or e-business models, the payments are associated with the confidentiality and integrity (Turbanet al.2017). •Appropriate security in ecommerce transaction is essential as any sorts of transaction related to ecommerce occurs over internet.
Payment and Security in E-business (Cont..) •Through e-commerce, the healthcare sector aims in providing direct services to the consumers, which includes patients or their family members •The payment model therefore should be secure enough to ensure safe transactions.
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Payment and Security in E-business (Cont..) •The healthcare industry ensure appropriate security in safe transaction. •The ecommerce transaction in healthcare follows a set protocol that guides an user to secure conduct an online transaction against the availed healthcare services.
Impact of E-business on organizational processes and Outcomes •The electronic business has a large impact on the performance and profitability of an organization. •E-business therefore becomes an important initiative for the companies to consider. •The presentation will be highlighting the impact of ecommerce in healthcare.
Impact of E-business on organizational processes and Outcomes: Healthcare •Effective e-business strategies help an organizational in easier understanding of the organizational goals. In context of healthcare industry, the use of different ecommerce model, has significantly helped the industry in gaining competitive advantage
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Impact of E-business on organizational processes and Outcomes: Healthcare (cont..) •One of the most significant advantages of e-business in healthcare is that it considerably helps in strengthening the consumer interest •The e-business model in turn helps the healthcare industry in strengthening its competitive advantages.
Impact of E-business on organizational processes and Outcomes: Healthcare (cont..) •Besides, helping the organization in gaining competitive advantages, the e- business model helps the healthcare sector in connecting directly to its customers •In short, the integration of e- business in healthcare ensure appropriate customer relationship management.
Conclusion •The presentation discussed the concept of ecommerce in healthcare system and the advantages of integrating ecommerce with the business of healthcare industry. •The presentation outlines the different models and technologies associated with e business •The presentation concludes the impact of e-business on organizational processes and Outcomes.
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References •Abdelhak, M., Grostick, S. and Hanken, M.A., 2014.Health Information-E-Book: Management of a Strategic Resource. Elsevier Health Sciences. •Akter, S. and Wamba, S.F., 2016. Big data analytics in E-commerce: a systematic review and agenda for future research.Electronic Markets,26(2), pp.173-194. •Ermakova, T., Fabian, B. and Babina, E., 2015. Readability of Privacy Policies of Healthcare Websites. InWirtschaftsinformatik(pp. 1085-1099). •Hollis, C., Morriss, R., Martin, J., Amani, S., Cotton, R., Denis, M. and Lewis, S., 2015. Technological innovations in mental healthcare: harnessing the digital revolution.The British Journal of Psychiatry,206(4), pp.263-265. •Laudon, K.C. and Traver, C.G., 2016.E-commerce: business, technology, society. •Oliveira, T. and Dhillon, G., 2015. From adoption to routinization of B2B e-Commerce: understanding patterns across Europe.Journal of Global Information Management (JGIM),23(1), pp.24-43. •Turban, E., Outland, J., King, D., Lee, J.K., Liang, T.P. and Turban, D.C., 2017.Electronic commerce 2018: a managerial and social networks perspective. Springer. •Veit, D., Clemons, E., Benlian, A., Buxmann, P., Hess, T., Kundisch, D., Leimeister, J.M., Loos, P. and Spann, M., 2014. Business models.Business & Information Systems Engineering,6(1), pp.45-53.