Securing Healthcare's Quantified-Self Data: A Comparative Analysis Versus Personal Financial Account Aggregators Based on Porter's Five Forces Framework for Competitive Force

Abstract

This thesis explores possible solutions to secure the aggregation and sharing of healthcares quantified-self data, based on lessons from the personal financial industry. To address this concern, Porters Five Forces Framework is used to understand how consumers are impacted by the two sectors differences in legislation, technology, and security. The analysis in this thesis indicates that consumers of financial account aggregators benefit from more secure and interoperable services. In contrast, users of healthcare aggregators are negatively affected by the healthcare industrys higher threat of new entrants and the bargaining power of suppliers. Therefore, healthcare leaders should improve consumer benefits by transforming their industrys competitive forces to mimic those of the financial services industry. To accomplish this goal, industry leaders could focus on filling the gap in the Health Insurance Portability and Accountability Act (HIPAA) for self-generated data, improving security innovations, and attracting third-party developers to secure data interoperability.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 2016
Accession Number
AD1029685

Entities

People

  • Catherine H. Chiang

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Application Software
  • Big Data
  • Commerce
  • Computer Programming
  • Computers
  • Congress
  • Data Centers
  • Data Leakages
  • Health Services
  • Information Security
  • Information Systems
  • Law
  • Mobile Application Software
  • Mobile Phones
  • Money
  • Social Media
  • Wearable Technology

Readers

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  • Industrial Economics
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