Healthcare payers and providers face numerous challenges due to a dynamic business landscape. Thus, an organization’s ability to respond and adapt quickly to change has gained increased importance. Companies that have managed to crack the paradox of agility in...
Value-based Healthcare Administration and the Rise of Medical Wearable Devices
Spiralling cost is admittedly a key issue for the healthcare sector, increasingly forcing the industry toward an outcome-based (value-based) delivery model in which money changes hands based on improved patient health outcomes and this applies to just about everyone’s paycheck: doctors, nurses, midwives, medical imaging facilities, radiologists, labs, hospitals, and urgent care clinics. With more data, comes new responsibilities. As intelligent medical devices start “talking” to each other, there is a risk of cybercriminals potentially hijacking patients’ personally identifiable information (PII) to commit fraud. The risk is very real, and robust security measures are certainly required to secure against damning data breaches. Moreover, the US Food & Drug Administration (FDA) holds medical device manufacturers responsible for identifying risks, including those related to cybersecurity, associated with their devices.
Factors to Consider While Performing Market Trend Analysis
Tracking and monitoring market shifts and the changes in consumer trends is crucial to identifying commercial advantages. At Infiniti Research, we leverage sophisticated market research methodologies and customer intelligence to distinguish short-term fads from...
Everything You’ve Ever Wanted to Know About Journey Mapping
Over the past decade, the explosion of digital platforms has created a digitally inclined customer base— well informed on market developments and evolving trends. The advancements in technology have enabled customers to access information to call the shots and hunt...
What You Need to Know About B2B Market Segmentation
B2B market segmentation helps segment prospective buyers into different groups based on shared characteristics, needs, and behaviors. It involves segmenting a heterogeneous B2B market into several smaller homogeneous markets based on current demand patterns and...
Planning a Business Expansion? Here are five market entry modes to consider
A progressive, more dynamic economic environment has prompted a higher number of businesses to reconsider leveraging international market entry strategies to achieve rapid growth. However, the choice of a strategy is influenced by various internal and external factors...
Why Test Marketing is Important
Do you have an innovative, new product idea? If so, it's essential to get an early read on your product's market value to improve its success. Here’s why- The earlier in the product development phase you determine the value of your product idea or emotional connect it...
Three Must-Have Capabilities For Expanding into Emerging Markets
The powerful convergence of technology and business processes in today’s marketplace has enabled businesses to expand their operations. As traditional barriers to market entry crumble with the ongoing developments, multinational companies are rushing in to find new...
Crossing Borders: Factors That Impact Retail Globalization Strategies
Globalization is no magic bullet that will accelerate retail success. However, according to retail market experts, you can't rule out its role completely. Success in the retail industry depends on several factors that impact the business environment, due to which it’s...