DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Pediatrics
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment
advertisement

 

advertisement

 

Business Affairs Homepage

Q&A with Michael Darling, VP Supply Chain, St. Luke’s Health System Discussing the clinical integration of supply chain

Varian acquires CyberHeart, enters cardiac radioablation market Emerging technology could benefit treatment of irregular heartbeats

M&A trend lines in tech-enabled medical devices Connecting the dots on industry consolidation

Siemens' push to install Atellica systems may hurt full-year profits Still, Q2 growth 'clearly accelerated'

Radiology Partners and Banner Health team up to establish Banner Imaging Provides imaging services throughout the metro Phoenix area

M&A checklist: Get the most out of your time Buyer and seller trends for mergers and acquisitions

Air medical transportation: How a 15-minute ride may cost $30,000, and how we can change it Reducing sky-high transport expenses

Canon's Vital Images wins DoD contract Maximum $100 million fixed‐price contract for radiology and imaging systems

Are you GDPR compliant? It's not just a question for EU-based companies Here are the top eight considerations

Security tightening at hospitals for patient safety A noticeable change is occurring at the front entrance to hospitals

Consolidation, consumerism and telehealth are the top three industry trends for 2019

by Lisa Chamoff , Contributing Reporter
Industry consolidation is the most important healthcare trend for 2019, according to a recent survey by data, intelligence and analytics firm Definitive Healthcare.

The company surveyed more than 1,000 healthcare providers, and leaders in the life sciences, biotech, health IT, consulting and financial services industries on the trends that are impacting the industry.

Story Continues Below Advertisement

THE (LEADER) IN MEDICAL IMAGING TECHNOLOGY SINCE 1982. SALES-SERVICE-REPAIR

Special-Pricing Available on Medical Displays, Patient Monitors, Recorders, Printers, Media, Ultrasound Machines, and Cameras.This includes Top Brands such as SONY, BARCO, NDS, NEC, LG, EDAN, EIZO, ELO, FSN, PANASONIC, MITSUBISHI, OLYMPUS, & WIDE.



The survey found that more than a quarter of respondents thought mergers and acquisitions in the healthcare space was the biggest issue to watch. Definitive Healthcare noted that it tracked 803 mergers and acquisitions and 858 affiliation and partnership announcements in 2018.

Jason Krantz, Definitive Healthcare’s chief executive officer, said that consolidation acutely impacts how decisions are made, and that OEMs should take note.

“As these IDNs get bigger and bigger, in a lot of cases they’re changing who has the influence,” Krantz told HCB News. “A lot of those decisions are being made at the IDN level, not the physician level.”

Healthcare providers are also dealing with the shift from inpatient to outpatient care, which impacts decision making, Krantz said.

“There is a lot of purchasing of post-acute environment — skilled nursing facilities and physician groups — not hospitals. The IDNs and the hospital systems need to keep people in network. … More insurance companies are saying, ‘I will pay you to treat this patient to get well instead of every time they come into the facility.’ ”

Krantz said that based on the survey results, it was important that those in the medical device industry make sure to keep up to date on mergers and understand how healthcare organizations make decisions.

“Understanding what these organizations look like, who do they own, what are their affiliations and what is the extent of their reach,” Kratz said. “You can’t go in without that knowledge to promote your product or service.”

Consumerism was the second most important trend for 2019, referencing the patients who are seeking “lower costs and convenience” from their providers, according to the survey.

Telehealth was ranked third, with Definitive noting that its 2017 Inpatient Telemedicine Study found that more than 70 percent of consumers would rather use video than visit their primary care provider in person.

“Our moms and dads might not want to do telehealth, but millennials certainly do,” Krantz said.

Artificial intelligence (AI) and machine learning, staffing shortages, cybersecurity and EHR optimization, and ancillary technologies and wearables followed as important trends to monitor.

Back to HCB News
  Pages: 1

Business Affairs Homepage


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.
ALL RIGHTS RESERVED