This report is a comprehensive literature review and annotated bibliography that explores the applications and impact of the Internet of Things (IoT) in the healthcare industry. It examines several research papers and studies, including those by Ullah et al. (2016), Gupta et al. (2016), Gope and Hwang (2016), Ingole et al. (2015), Ibhaze et al. (2016), Abdullah et al. (2015), Khoi et al. (2015), Yi et al. (2016), and Aslam & Saniie (2016). These works propose various models and systems leveraging IoT for patient monitoring, data collection, and improved healthcare delivery. The review covers different aspects such as sensor technologies, communication protocols (e.g., ZigBee, 6LoWPAN), security considerations, and the integration of IoT with mobile devices and platforms. The report highlights how IoT enhances patient engagement, enables preventive care, and improves the efficiency of healthcare operations. The annotated bibliography provides concise summaries of each paper, offering insights into their methodologies, findings, and contributions to the field. The report also addresses the benefits of IoT in healthcare, emphasizing its potential to transform healthcare practices.