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  • Monetising healthcare business services using digital - is it worth the investment? 


    A small and medium-sized healthcare business (SME) can monetize their services using a digital cloud-based system in several ways.

    Let us dive in.

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    In healthcare, technology can bring the best of minds together to improve outcomes

     

    ~ Eric Topol ~


  • Remote consultations are possible with a cloud-based system and can be paid for on a pay-per-use or subscription basis. Due to scheduling flexibility and the removal of patient travel to the office, this might be advantageous for both the business and the patient.

    Online appointment scheduling: A cloud-based system can also enable online appointment scheduling. This service can be made profitable by charging clients a fee to make online appointments or by providing premium scheduling capabilities at an additional cost.

    E-commerce platform: You can build an e-commerce platform using a cloud-based system to offer goods and services including supplements, skincare items, and online training sessions. By giving clients an easy option to buy goods and services that go along with their therapy, this can boost income for the company.

    Data analytics: By offering data analytics, a cloud-based solution can assist a SME healthcare organization in better understanding their patients and focusing their marketing efforts. This can be made profitable by providing data analytics as a service to other healthcare organizations or by using the data to guide selections of the right goods and services.

    Increased effectiveness: By automating some operations, such appointment reminders and billing, a cloud-based system can increase the effectiveness of the company. This can assist the company save time and money, which can then be used to expand the company.

    A cloud-based system has the benefits of increased security, scalability, and accessibility. A cloud-based system features strong security protections including encryption and multi-factor authentication, making it more safe than traditional systems. It can also be accessed remotely and scaled quickly as the firm expands, which is crucial for a SME healthcare organization because it provides for schedule flexibility and removes the need for patients to drive to the office.

    A cloud-based system might be expensive to install and operate from an investment standpoint. The early charges, however, may be outweighed in the long run by advantages including enhanced productivity, increased earnings, and the capacity to comprehend patients better. Before deciding whether to invest in a cloud-based system, it is crucial to perform a comprehensive cost-benefit analysis.

    Overall, a SME healthcare company can monetize its services in a variety of ways with the help of a digital cloud-based system, from remote consultations to online appointment scheduling, and e-commerce capabilities to reports jam-packed with data analytics. A cloud-based system has better security, scalability, and accessibility benefits, but it also involves a large financial and implementation investment. It's therefore crucial for companies to consider both the advantages and disadvantages before deciding whether to invest in a cloud-based solution.


    Schedule a call with Obami to see how your business could start benefiting form additional income streams

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