A business model analysis of telecardiology service

Shu Hsia Lin, Jorn Hon Liu, Jen Wei, Wei Hsian Yin, Hung Hsin Chen, Wen Ta Chiu

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

Telecare has become an increasingly common medical service in recent years. However, new service must be close to the market and be market-driven to have a high likelihood of success. This article analyzes the business model of a telecardiology service managed by a general hospital. The methodology of the article is as follows: (1) initially it describes the elements of the service based on the ontology of the business model, (2) then it transfers these elements into the choices for business model dynamic loops and examines their validity, and (3) finally provides an empirical financial analysis of the service to assess the profit-making possibilities.

Original languageEnglish
Pages (from-to)1067-1073
Number of pages7
JournalTelemedicine and e-Health
Volume16
Issue number10
DOIs
Publication statusPublished - Dec 1 2010

Keywords

  • business model
  • business model ontology
  • cost-volume-profit analysis
  • dynamic loops
  • service innovation
  • telecare

ASJC Scopus subject areas

  • Medicine(all)
  • Health Informatics
  • Health Information Management

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  • Cite this

    Lin, S. H., Liu, J. H., Wei, J., Yin, W. H., Chen, H. H., & Chiu, W. T. (2010). A business model analysis of telecardiology service. Telemedicine and e-Health, 16(10), 1067-1073. https://doi.org/10.1089/tmj.2010.0059