Market Snapshot:
Healthcare centers like as hospitals have been outsourcing the various ancillary tasks globally. Outsourcing normally enables hospitals to focus on the core task by providing efficient healthcare services. Outsourcing ancillary processes basically improve the financial results by reducing the costs of administrative and rising revenues, service quality and efficiency. In hospitals, most of the activities of ancillary require specialized skills or also the substantial infrastructure. An increasing number of hospitals, research institutes, clinics, pharmaceutical/clinical laboratories along with the significant growth in the pharmaceutical industry are majorly driving the market of healthcare outsourcing. There are different manufacturers who delivers the Healthcare/Medical Outsourcing types of products payer outsourcing services, pharmaceutical outsourcing services, provider outsourcing services, and pathology and laboratory outsourcing services
Market Drivers
- Many new multi-specialty hospitals chains have come up, which are driving the need for outsourcing
Market Trend
- Hospitals have started to use third-party services for interpretation of imaging results or transcription of physician's case notes
Restraints
- Specialist hospital management companies to compete with BPO companies
- IPR protection apprehensions while outsourcing
Opportunities
Outsourcing drug development and clinical trials enable companies to focus on core capabilities
Players Covered in the Study are:
Firstsource Solutions Ltd (India), R1 RCM (United States), ICON plc (Republic of Ireland), Patheon Inc (Netherlands), Hexaware Technologies Ltd (India), IBM Corporation (United States), IDS Infotech Ltd (United States), Infosys (India), Omega Healthcare (United States) and WNS Global Services Ltd. (India)
The Global Healthcare Outsourcing market is gaining huge competition due to involvement of United States and Indian companies that constantly invest in research & development to meet market expectation with new innovation.
What can be explored with Healthcare Outsourcing study:
Where Healthcare Outsourcing industry stands in scaling its end use implementations
What concrete benefits would result from scaled initiatives by Players
Where Players should focus their investments cycle
Key success factors and recommendations for upscaling future growth.
Target Market / Country and Key Business Segments
Available Customization:
List of players that can be included in the study on immediate basis are Sun Knowledge Limited (United States), Tata Consultancy Services Limited (India), Wipro Limited (India), Cognizant (United States), Accenture (United States) and Quintiles IMS Holdings (United States).