The healthcare industry has both secular and defensive aspects in respect to the global economy. Every product in this industry including drugs, treatments and medical facilities are a necessity to the health of patients. In addition, the industry experiences secular growth as innovative products treat a wider array of diseases and ailments experienced by patients. . However, the healthcare sector’s attractive growth prospects are coupled with increased volatility due to the sensitivity of their business cycles.
Challenges Faced in the Healthcare sector:
Demographic, social, and cultural changes are putting more pressure than ever before on healthcare providers to be accessible, affordable, and responsive. As a result, healthcare organizations rely on technology more than ever to help achieve their business and clinical objectives. Key healthcare organization objectives include:
- Better quality of care
- Improved patient outcomes
- Increased productivity and workflow efficiency
- Better information at the point of care
- Improved and integrated communications
ICREA works closely with healthcare operators to ensure the gap in Demand & Supply is bridged by providing customized solutions.