Global Medical Transcription Services - Procurement Market Intelligence Report

  • ID: 4433704
  • Report
  • Region: Global
  • 94 pages
  • SpendEdge
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FEATURED COMPANIES

  • Acusis
  • iMedX
  • MModal
  • nThrive
  • Nuance Communications
  • MORE
About Medical Transcription Services Market

Maintaining health records in a report format is a tedious process, and the need for in-house operations to maintain these reports is leading to decreasing in productivity of doctors and physicians. This has influenced hospitals and healthcare management systems across these countries to opt for medical transcription services to maintain health records of an increasing patient base, leading to the growth of the overall medical transcription services market.

Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Medical Transcription Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Medical Transcription Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
  • The increasing need to electronically store patient data
  • For a full, detailed list, view our report
Category constraints
  • The lack of transparency regarding the end transcriber for a report
  • For a full, detailed list, view our report
Procurement best practices
  • Collaborating with service providers that engage with third-party IT providers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acusis
  • iMedX
  • MModal
  • nThrive
  • Nuance Communications
  • MORE
PART 1: CATEGORY AT A GLANCE
  • TAKEAWAY 01 Market Overview
  • TAKEAWAY 02 Demand and Supply Snapshot
  • TAKEAWAY 03 Key Market Dynamics
  • TAKEAWAY 04 Supply Market Highlights
  • TAKEAWAY 05 Pricing Insights
  • TAKEAWAY 06 Procurement Insights
PART 2: SCOPE OF THE REPORT
  • Category Definition
  • Research Methodology
PART 3: MARKET INSIGHTS
  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
  • Nuance Communications
  • MModal
  • iMedX
  • Acusis
  • nThrive
PART 8: APPENDIX
  • Glossary
  • Key Notes
  • About Us
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FEATURED COMPANIES

  • Acusis
  • iMedX
  • MModal
  • nThrive
  • Nuance Communications
  • MORE
The Author Announces the Publication of its Procurement Research Report – Global Medical Transcription Services - Procurement Market Intelligence Report 2017-2021.

The author recognizes the following companies as the key suppliers in the Global Medical Transcription Services - Procurement Market Intelligence Report: Nuance Communications, MModal, iMedX, Acusis, and nThrive.

Commenting on the report, an analyst said: “One of the procurement best practices for buyers in the global medical transcription services market is to engage with service providers that help to boost the data security for healthcare providers related to medical transcription.”

According to the report, one of the key growth drivers for the global medical transcription services market is the need to maintain electronic records due to the rise in patient base. This is leading the healthcare industry to opt for medical transcription services to maintain timely and accurate health records of a substantial patient base.

Further, the report states that one of the key procurement challenges faced by buyers is the lack of transparency regarding the end transcriber for a report. Buyers do not have information about the personnel that is performing the task; this is because minimal data is shared with the buyer about the personnel translating their reports.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Note: Product cover images may vary from those shown
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  • Nuance Communications
  • MModal
  • iMedX
  • Acusis
  • nThrive
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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