Medical Devices

Industry Overview

The healthcare industry is in the midst of transformation.  The adoption of global standards that aid traceability of consumables and devices across the supply chain is now critical.

As the industry moves toward accountable care and pay for performance, it's looking for ways to leverage data to support lower procurement costs on contract purchases, new reimbursement models, facilitate care coordination, and, in general, foster population health.  The requirement for product data quality and governance, and the associated suppliers and customers linked to these now becomes paramount to this industry moving forward.