6533b85cfe1ef96bd12bd633

RESEARCH PRODUCT

Value co-creation in health care : insights into the transformation from value creation to value co-creation through digitization

Katja RantalaKarjaluoto Heikki

subject

Customer retentionEngineeringhealth-careKnowledge managementservice dominance logicvalue creationdigitalizationservice logic0502 economics and businessta512DigitizationService (business)Service systembusiness.industryarvonluontiValue proposition05 social sciencesBusiness valueService providervalue co-creationdigitizationValue (economics)050211 marketingbusiness050203 business & management

description

This study explores the transformation of value creation into value co-creation and how the digitization of services plays a key role in this transformation within the health-care sector, which faces new challenges with the increasingly active role of the customer. Customers are becoming active participants in value co-creation and now have expectations based on their needs from the service. The objective of this study is to provide a more holistic view of the customer’s role and value cocreation within digital health-care services. This study emphasizes the necessity of the co-creation of value within the health-care sector and introduces a paradigm shift through the digitization of value co-creation This study illustrates a new mode of interaction in value co-creation in which both parties are independent in their own spheres, but the service (via digital platform) is available to both and has a timewise continuum that differs dramatically from traditional episode-based meetings between the service provider and the customer. This study points out the necessity of increasing the customer orientation of health-care services development. peerReviewed

10.1145/2994310.2994325https://doi.org/10.1145/2994310.2994325