CASE STUDY

How SpendEdge’s Health Care Cost Benefit Analysis Improved an Organization’s Overall Savings by 20%

Nov 9, 2018

Overview of Health Care Services

The global health care industry has witnessed steady growth with soaring health care expenditures around the world. This growth is essentially driven by the expanding world population, rapid urbanization, and increasing demand for the treatment of chronic diseases and comorbidities. As the global health care services industry’s growth continues to be strong and stable, several issues have started restraining the development of the global health care services industry. Let’s glance through some of the challenges faced by companies in the health care services industry:

  • DemoTechnical advancements: With the introduction of advanced health care technologies, players in the health care services sector are increasingly being challenged to devise new ways to engage customers and drive value.
  • Increased data demands: Improving customer experience is the key to improving profit margins. To do so and overcome data-driven challenges, businesses in the health care sector are looking at implementing health care analytics to examine real-time data.

Benefits of a Cost Benefit Analysis Template?

For companies to thrive in today’s competitive marketplace, it’s essential to get the most out of every available option, idea, and investment. To succeed in doing so, several businesses, including large well-established organizations have started leveraging a cost benefit analysis template to take critical business decisions that are based on hard facts. By employing the right cost benefit analysis template, companies can identify the highest ROI based on price structures, resources, and associated risk factors.

Steps in Cost Benefit Analysis Template Creation

Listed below are the fundamental steps to be adopted when developing a cost benefit analysis template:

  • Developing industry benchmarks                      
  • Evaluating new opportunities
  • Weighing investment options
  • Analyzing social benefits
  • Assessing the desirability of industry policies
  • Implementing change initiatives
  • Quantifying impacts

Why SpendEdge? 

For more than 15 years, SpendEdge has been assisting clients across various industries with the best-in-class procurement and supply market intelligence solutions to drive sourcing and procurement excellence. Our procurement solutions have assisted procurement and sourcing professionals from the top 500+ organizations to gain actionable insights for better decision making.


Interested to know how our cost benefit analysis template helped a health care services industry client? Continue reading or request a FREE proposal.

request proposal

Recent Case Studies

Industries

Services

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars