As the healthcare industry becomes increasingly interconnected, the transformation towards digital health requires collaborative efforts from medical devices and technology, pharmaceutical, and biotech companies. However, success in this endeavor also depends on the right agenda and environment set by countries, along with systematic investments in technology infrastructure such as universal health records and standards to support the digital health strategy. 

In addition, healthcare providers play a crucial role in this transformation by innovating their business structures, processes, and data backbones. This includes adopting new hub and spoke models, scaling up telemedicine usage, improving clinical efficiency, and collaborating closely with payers to drive outcome-based models. 

With the right collaborative efforts among stakeholders and the implementation of digital health strategies, the healthcare industry can achieve significant advancements in patient care, clinical outcomes, and overall healthcare efficiency.