Integrating Internet of Things (IoT) technologies into healthcare presents transformative potential, particularly when enabled through strategic collaborations between the healthcare and telecommunications industries. This systematic literature review investigates these synergistic effects, explores underlying funding mechanisms, and analyzes strategic approaches within each industry. By evaluating recent peer-reviewed studies, the review uncovers the benefits, challenges, and future perspectives of IoT innovations in healthcare, offering a comprehensive synthesis for both researchers and industry stakeholders.