A transaction cost economics assessment of a diabetes self-management solution

Diabetes is one of the leading chronic diseases affecting Australians and is increasingly becoming a serious challenge and threat for both the quality of healthcare while increasing cost pressures on the Australian healthcare system. The goal of this study is to provide a transaction cost economics framework which can be used as a tool for high-level assessments of the economic viability of a pervasive technology solution developed by INET in the form of a wireless enabled mobile solution to facilitate superior diabetes self-management. In doing so, we prepare the inroads for proposing an approach for refined quantifiable assessments of a pervasive IT-enabled healthcare solution.