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Innovative Financing Models and Future Directions in Healthcare: Evaluating the Impact of Financial Strategies on Digital Health Outcomes and Innovation
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Author(s): Bhupinder Pal Singh Chahal (Yorkville University, Canada), Umang Sharma (Chandigarh Business School, CGC, Jhanjeri, India)and Bhumika Bansal (NDIM, India)
Copyright: 2025
Pages: 36
Source title:
Driving Global Health and Sustainable Development Goals With Smart Technology
Source Author(s)/Editor(s): Mohit Kukreti (University of Technology and Applied Sceinces, Oman), Sabina Sehajpal (Chandigarh University, India), Rajesh Tiwari (Graphic Era University, India)and Kiran Sood (Chitkara University, India)
DOI: 10.4018/979-8-3373-0240-9.ch012
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Abstract
This study explores innovative financing models and future directions in healthcare, with a focus on assessing financial impact on digital health outcomes and advancing sustainable healthcare innovation. As digital health technologies like AI, IoT, and telemedicine transform patient care, the need for adaptable and value-based financing mechanisms becomes critical. Traditional models, often inadequate for the rapid pace of digital health, are compared to novel approaches such as public-private partnerships, outcome-based financing, and tiered pricing. The research examines how these models can drive equitable access, incentivize innovation, and improve patient outcomes globally. Through evaluating financial strategies, this study provides insights into scalable frameworks that prioritize both fiscal sustainability and impactful health outcomes, paving the way for a resilient, technologically integrated healthcare ecosystem.
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