Clinical IT Services Procurement Intelligence
The clinical IT services category is expected to grow at a CAGR of 17.9% from 2023 to 2030.
North America has the biggest category share with more than 50% and APAC is expected to be the fastest-growing region during the forecast period. Aspects like the proliferation of digitization in healthcare, a growing demand for pre-emptive care options, the development of multiple startups, and growing collaborations and grants are responsible for the category’s growth. Also, rising healthcare IT expenditure together with modifications and refinements in network connectivity and network structure is boosting the category expansion. With the aid of a growing IT structure, major companies are concentrating on improving product development measures and making continuous technological progress.
Order your copy of the Clinical IT Services category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Clinical IT Services Procurement Intelligence Report Scope
The Clinical IT Services category is expected to have pricing growth outlook of 18 - 22% (annual), with below pricing models.
- Subscription-based pricing model
- Usage-based pricing model
- Per-user pricing model
Supplier Selection Scope of Report
- Cost and pricing
- Past engagements
- Productivity
- Geographical presence
Supplier selection criteria of Report
- Application
- security
- services
- analytics
- operational capabilities
- regulatory standards and mandates
- category innovations
- others
Clinical IT Services Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Clinical IT Services Procurement Cost and Supplier Intelligence
Hardware, software, consulting & implementation, training, and maintenance and support are the major cost components to be considered while offering clinical IT services. However, the total cost of clinical IT services can vary depending on the size and complexity of the healthcare organization, the type of clinical IT services being used, and the location of the organization. The cloud-based EHR has a lower upfront cost of USD 26,000 but higher yearly costs of USD 8,000, resulting in a total cost of ownership (TCO) of USD 58,000 over 5 years. The on-premise EHR has a higher upfront cost of USD 33,000 but lower yearly costs of USD 4,000, resulting in a TCO of USD 48,000 over 5 years.
When sourcing clinical IT services, it is crucial to narrow down clinical IT service provider options by considering the needs and priorities of the organization. Research on providers to make informed decisions and an RFP (request for proposal) can be created to outline the needs and requirements of the organization and to compare different providers and their offerings. Proposals should be evaluated, and providers should be selected based on pricing, services, track record, needs, requirements, budget, and experience. A contract can be negotiated with the provider to outline the terms and conditions of the relationship. The contract should be reviewed to ensure that it meets the needs of the organization.
List of Key Suppliers
- Philips Healthcare
- Agfa Healthcare
- Hewlett-Packard Enterprise
- Cerner Corporation
- Carestream Health
- GE Healthcare
- E-MDS, Inc.
- Athenahealth, Inc.
- eClinicalworks
- McKesson Corporation
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
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