The New Rules of Healthcare Platforms: Value Creation Shifts from Pipes to Platforms

by Vince Kuraitis and Randy Williams Value for customers is created differently on platforms than by traditional product/service business models. Today we'll present and discuss the metaphor of how traditional businesses can be thought of as "pipelines" and how these pipes differ from digital platforms. A New Series This post is the first in a new series: "The New Rules of Healthcare Platforms." We'll be writing about platform thinking, new mental models, and the new economics of platform business models and strategy. We’ll have at least seven posts to explain these new rules. You'll have some unlearning to do. We'll illustrate how platform business models are fundamentally different than traditional product/service business models. To understand platforms, we need to change more than just our thinking—we need to learn new rules about how the digital world works and how platforms fit in. From Pipes to Platforms Traditional product or service businesses can be described as pipelines. Their value chains are linear—see the diagram below. Value is added at sequential stages before a final product or service is delivered to consumers at the end of the pipeline. The post The New Rules of Healthcare Platforms: Value Creation Shifts from Pipes to Platforms appeared first on The Healthcare Platform Blog.
Source: e-CareManagement - Category: Information Technology Authors: Tags: Expertise in Platform Strategy & Business Models digital health pipeline Source Type: blogs