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Formulating an Effective Electronic Health Records Strategy (Strategy Focus)

Product Type: Market Research Report
Published by: Datamonitor
Published: June 2006
Product Code: R313-14529
Description
Introduction
Formulating an effective strategy for selling electronic health record (EHR) solutions to healthcare requires vendors to adopt a two-pronged approach, one that focuses on both short-term, immediate healthcare institution and vendor priorities in addition to educating and developing the market for further EHR penetration.

Scope
  • Examines essential ingredients of EHR strategies, using US and UK examples
  • Builds on ongoing primary research with healthcare organizations, physicians, consumers
Highlights
An effective EHR go-to-market strategy "begins with the end in mind."

Vendors should view themselves as more than just product companies.

Peer references and partnerships are important ingredients of a go-to-market strategy.

Reasons to Purchase
  • Gain insight into how you can craft an effective sales strategy for EHR solutions
  • Approach your strategy development with the right mindset for an emerging market like EHR
  • Gain insight into Datamonitor's perspective on what makes a vendor successful
Table of Contents
DATAMONITOR VIEW

CATALYST

SUMMARY

METHODOLOGY




ANALYSIS

An effective EHR go-to-market strategy "begins with the end in mind"

Vendors first should view themselves as more than just product companies


Enabling healthcare customers to overcome EHR organizational and technical obstacles

Defining EHR product features and functionalities is an ongoing process

Participating in 'channels of influence' to foster market understanding and long-term uptake


Peer references and partnerships are important ingredients of a go-to-market strategy


Maintaining strong client reference sites is of paramount importance

Go-to-market partnerships deliver vendor messages and encourage uptake


Technology partnerships need to address the issue of integration and future scalability

IT services partnerships can help expand market reach





ACTIONS

Vendors should adopt a consultative sales approach

A consultative vendor approach should be supported by specific sales tools

Successful vendor strategies have a significant long-term bias




APPENDIX

Definitions

Extended methodology


Datamonitor's ongoing primary research efforts

External secondary research and sources


Further reading

Ask the analyst




List of Figures

Figure 1: Vendor go-to-market strategies consist of several key ingredients

Figure 2: EHR vendor strategies need to encompass ongoing market development activities

Figure 3: Vendor EHR messages should address multiple obstacles to EHR among healthcare providers

Figure 4: Obstacles to EHRs vary by size of physician practice

Figure 5: Vendor EHR offerings should meet basic functionality requirements and end-user preferences

Figure 6: EHR functionality requirements and preferences vary by end-user organization type

Figure 7: Go-to-market channels of influence vary across US and UK healthcare, but peer reference is strong

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