Research On The Impact Of Business Model Innovation On The Company’s Financial Performance

With the prompt development of network technology,the Commercial mode of the medical industry is also constantly innovating,which not only helps solve the problem of the integration of traditional pharmaceutical companies and the Internet,but also stimulates new impetus for the development of the pharmaceutical industry.The central authorities of the Party and the State Department keenly support the transformation of pharmaceutical companies to the "Internet + Medicine" business model.This policy aims to benefit the common people,settle the dispute of "hard in searching medical healing" and "expensive medical healing",and help ameliorate the corporation ’s financial merits.The state’s support for the "Internet + Medicine" business model of pharmaceutical companies has inspired different industries such as the Internet,medicine,and medical insurance to join the team of business model innovation.Constantly explore new markets that can be developed,and continue to improve the financial situation of pharmaceutical companies.Let the pharmaceutical industry chain usher in vigorous vitality.Creations in Commercial mode directly affect incorporations behavior.The "Internet + medicine" commercial mode creation has a significant impact on financial behavior of healthcare corporations.So,selecting Shanghai Medicine as a case enterprise,this paper probes into the influence on commercial mode creation on the financial behavior of medical listed corporations.Firstly,the paper arranges the correlative document on the economic results of commercial mode creation and the influencing factors of corporate financial performance,and makes a synthetic retrospect of the document;Then,based on the correlative theories of commercial mode creation and financial performance,this paper elaborates the gauge ways of financial performance and the economic consequences of improving financial performance.Then,use EVA analysis and element analysis to comprehensively assess the financial merits of Shanghai Pharmaceuticals;finally,profoundly analyze the approach of commercial mode creation affecting financial performance.The outcomes of the paper spread that high-quality commercial mode creation will have a good influence on a corporation’s financial merits.The article enriches the research on the economic consequences of business model innovation and the corporation’s financial merit,which is beneficial for companies to better refine the practical value of business model innovation,and provides a new research plan for solving the business model innovation problem of Chinese pharmaceutical companies.Generally speaking,the innovation of business model can boost the corporation’s rival superiority and have a positive effect on the improvement of the financial performance of pharmaceutical companies.