Definitive Healthcare launches predictive analytics solution that empowers healthcare organizations to prepare and plan for future market conditions
Definitive Healthcare (Nasdaq: DH) has launched Market Forecast, a predictive analytics solution designed to help healthcare organizations identify high-growth markets and service line opportunities. This new tool provides three, five, and 10-year market trend projections to strengthen strategic planning around future demand and growth opportunities.
Market Forecast aims to empower business development teams, service line leaders, and strategy executives by delivering year-over-year growth rate and market demand projections. This enables healthcare organizations to:
- Drive improved patient acquisition and retention
- Plan market expansion
- Allocate resources more effectively
The solution is particularly valuable for academic medical centers and other healthcare providers looking to identify services with the greatest potential for future growth, even when current volumes may not reflect that opportunity.
Definitive Healthcare (Nasdaq: DH) ha lanciato Market Forecast, una soluzione di analisi predittiva progettata per aiutare le organizzazioni sanitarie a identificare mercati in forte crescita e opportunità di servizi. Questo nuovo strumento offre proiezioni delle tendenze di mercato a tre, cinque e dieci anni per rafforzare la pianificazione strategica attorno alla domanda futura e alle opportunità di crescita.
Market Forecast mira a potenziare i team di sviluppo commerciale, i leader di servizio e gli executive strategici fornendo proiezioni del tasso di crescita anno su anno e della domanda di mercato. Questo consente alle organizzazioni sanitarie di:
- Promuovere un miglior acquisto e mantenimento dei pazienti
- Pianificare l'espansione del mercato
- Allocare le risorse in modo più efficace
La soluzione è particolarmente preziosa per i centri medici accademici e altri fornitori di servizi sanitari che cercano di identificare servizi con il maggiore potenziale di crescita futura, anche quando i volumi attuali potrebbero non riflettere tale opportunità.
Definitive Healthcare (Nasdaq: DH) ha lanzado Market Forecast, una solución de análisis predictivo diseñada para ayudar a las organizaciones de atención médica a identificar mercados de alto crecimiento y oportunidades de líneas de servicio. Esta nueva herramienta proporciona proyecciones de tendencias de mercado a tres, cinco y diez años para fortalecer la planificación estratégica en torno a la demanda futura y las oportunidades de crecimiento.
Market Forecast tiene como objetivo empoderar a los equipos de desarrollo comercial, a los líderes de líneas de servicio y a los ejecutivos de estrategia, mediante la entrega de proyecciones de tasa de crecimiento año tras año y de demanda de mercado. Esto permite a las organizaciones de atención médica:
- Mejorar la adquisición y retención de pacientes
- Planificar la expansión del mercado
- Asignar recursos de manera más efectiva
La solución es especialmente valiosa para los centros médicos académicos y otros proveedores de atención médica que buscan identificar servicios con el mayor potencial de crecimiento futuro, incluso cuando los volúmenes actuales pueden no reflejar esa oportunidad.
Definitive Healthcare (Nasdaq: DH)가 Market Forecast를 출시했습니다. 이는 의료 기관이 높은 성장성이 있는 시장과 서비스 라인 기회를 식별할 수 있도록 설계된 예측 분석 솔루션입니다. 이 새로운 도구는 3년, 5년 및 10년의 시장 추세 예측을 제공하여 향후 수요와 성장 기회에 대한 전략적 계획을 강화하는 데 도움을 줍니다.
Market Forecast는 비즈니스 개발 팀, 서비스 라인 리더 및 전략 임원에게 연도별 성장률 및 시장 수요 예측을 제공하여 그들을 지원하는 것을 목표로 합니다. 이를 통해 의료 기관은:
- 환자 유치 및 유지 개선
- 시장 확장 계획
- 자원을 보다 효과적으로 할당
이 솔루션은 특히 학술 의료 센터와 다른 의료 제공자에게 유용하며, 현재의 수치가 그 기회를 반영하지 않을지라도 미래 성장 가능성이 가장 큰 서비스를 식별할 수 있도록 도와줍니다.
Definitive Healthcare (Nasdaq: DH) a lancé Market Forecast, une solution d'analyse prédictive conçue pour aider les organisations de santé à identifier des marchés à forte croissance et des opportunités de lignes de services. Cet nouvel outil fournit des prévisions des tendances du marché sur trois, cinq et dix ans pour renforcer la planification stratégique autour de la demande future et des opportunités de croissance.
Market Forecast vise à autonomiser les équipes de développement commercial, les responsables de ligne de services et les dirigeants stratégiques en leur fournissant des prévisions de taux de croissance d'une année sur l'autre et de la demande de marché. Cela permet aux organisations de santé de :
- Améliorer l'acquisition et la fidélisation des patients
- Planifier l'expansion du marché
- Allouer les ressources de manière plus efficace
Cette solution est particulièrement précieuse pour les centres médicaux académiques et d'autres fournisseurs de soins de santé cherchant à identifier les services ayant le plus grand potentiel de croissance future, même lorsque les volumes actuels peuvent ne pas refléter cette opportunité.
Definitive Healthcare (Nasdaq: DH) hat Market Forecast auf den Markt gebracht, eine prädiktive Analyselösung, die Gesundheitsorganisationen helfen soll, Märkte mit hohem Wachstum und Möglichkeiten im Servicebereich zu identifizieren. Dieses neue Tool bietet Drei-, Fünf- und Zehnjahresprognosen von Markttrends, um die strategische Planung hinsichtlich zukünftiger Nachfrage und Wachstumsmöglichkeiten zu stärken.
Market Forecast zielt darauf ab, die Business-Development-Teams, Dienstleistungsleiter und Strategiemanager zu stärken, indem es Prognosen zur Wachstumsrate von Jahr zu Jahr und zur Marktnachfrage bereitstellt. Dies ermöglicht es Gesundheitsorganisationen:
- Die Patientenakquise und -bindung zu verbessern
- Marktexpansion zu planen
- Ressourcen effektiver zuzuweisen
Die Lösung ist besonders wertvoll für akademische medizinische Zentren und andere Gesundheitsanbieter, die Dienste mit dem größten Potenzial für zukünftiges Wachstum identifizieren möchten, selbst wenn die aktuellen Volumina diese Gelegenheit nicht widerspiegeln.
- Launch of Market Forecast, a new predictive analytics solution
- Provides market trend projections for up to 10 years
- Helps identify high-growth markets and service line opportunities
- Enables better strategic planning and resource allocation
- None.
Insights
The launch of Market Forecast by Definitive Healthcare represents a significant advancement in healthcare market intelligence. This predictive analytics tool addresses a critical need in the industry for long-term strategic planning. By offering 3, 5 and 10-year market trend projections, it enables healthcare organizations to make more informed decisions about resource allocation, market expansion and service line development.
The tool's ability to identify high-growth markets and service line opportunities could be particularly valuable for healthcare providers looking to optimize their operations and investments. In an increasingly competitive and rapidly evolving healthcare landscape, such foresight could provide a substantial competitive advantage.
For Definitive Healthcare, this product launch could potentially strengthen its market position and drive revenue growth. However, the success will largely depend on the accuracy and reliability of the predictive models, as well as the company's ability to effectively market and integrate this new offering into its existing suite of products.
While the launch of Market Forecast is a positive development for Definitive Healthcare, its immediate financial impact may be As a software-as-a-service (SaaS) company, new product launches typically take time to materially affect revenue due to sales cycles and gradual customer adoption.
Investors should monitor key metrics in upcoming quarters, including:
- New customer acquisition rates
- Upsell rates to existing customers
- Changes in average contract value
- Impact on overall revenue growth rate
Given Definitive Healthcare's current market cap of
Market Forecast equips providers with three, five, and 10-year market trend projections to strengthen strategic planning around future demand and growth opportunities
FRAMINGHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare (Nasdaq: DH), a leader in healthcare commercial intelligence, today announced the launch of Market Forecast, a powerful predictive analytics solution designed to help healthcare organizations uncover high-growth markets and service line opportunities to strengthen investments and partnerships. Delivering year-over-year growth rate and market demand projections up to 10 years out, Market Forecast enables business development teams, service line leaders, and strategy executives to see ahead to drive improved patient acquisition and retention, market expansion, and better resource allocation.
“As an academic medical center, we need to be able to pinpoint services that have the greatest opportunity for future growth—even when their current volumes don’t reflect that opportunity,” said Leighton Dupree, senior strategy consultant for UK HealthCare. “We’re excited about the potential of Market Forecast and how it can give us the ability to be more granular and forward-looking around sub-service line planning. This will really help communicate strategic direction clearly to our many curious, clinical stakeholders.”
Market Forecast leverages historical claims data, projected U.S. Census population data, and propriety data science to provide in-depth analysis of patient demand, diagnoses, and procedures across various perspectives—including geography, service categories, patient demographics, and more. Real-time visualizations and the ability to create different scenarios for strategic planning provide a dynamic way for organizations to understand their market from any vantage point. Users get a clear, visualized view of future market conditions.
“Market Forecast is a game changer for healthcare leaders looking to understand upcoming market demand trends and patient population dynamics, and predict a patient population’s utilization of healthcare services,” said Bill Moschella, chief product and technology officer of Definitive Healthcare. “Combining self-service analytics and visualizations, forecasted census metrics, and our proprietary AI modelling, this solution gives decision-makers the foresight they need to move toward the right opportunities at the right time and mitigate risk.”
Market Forecast helps teams drive more effective:
Market planning and assessment: Users gain a deeper understanding of patient population trends, service lines, and geographic shifts to forecast opportunities and drive growth strategies.
Resource allocation: Organizations can use Market Forecast to identify and prioritize the service lines or procedures with the highest demand to allocate network and provider resources more efficiently.
Consumer and provider demand: Market Forecast delivers clinical volume and projected growth rates for service lines and procedures to help users plan for current and future patient needs.
Scenario planning: Users can conduct iterative analyses of different market scenarios up to 10 years out with adjustable inputs related to demographics, geography, diagnoses, and procedures.
By combining comprehensive data with predictive modeling, Market Forecast offers critical insights that help healthcare providers proactively navigate an increasingly complex landscape. It gives teams the agility to adapt strategies based on shifting market conditions, supporting healthcare organizations as they prepare for the future of care delivery.
For more information about Market Forecast, visit: definitivehc.com/market-forecast
About Definitive Healthcare
At Definitive Healthcare, our mission is to transform data, analytics, and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities, and people, so they can shape tomorrow’s healthcare industry. Our SaaS products and solutions create new paths to commercial success in the healthcare market, so companies can identify where to go next. Learn more at definitivehc.com.
Media Contact:
Bethany Swackhamer
bswackhamer@definitivehc.com
Investor Relations Contact:
Brian Denyeau
ICR for Definitive Healthcare
brian.denyeau@icrinc.com
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