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Q: Healthcare Industry Market Research ( No Answer,   1 Comment )
Question  
Subject: Healthcare Industry Market Research
Category: Business and Money > Advertising and Marketing
Asked by: silval-ga
List Price: $40.00
Posted: 26 Apr 2003 22:01 PDT
Expires: 26 May 2003 22:01 PDT
Question ID: 196050
Iam looking for the following market reasearch for Medical
Transcription business (medium size).


1. Market Size and Market Growth
    What is the current Market size of Medical Transcription industry
and what is the expected growth?

2. Market Segmentation
    How can the market for Medical Transcription be segmented.
    I want the following information for Market segementation: 
        Segmentation Basis
        Possible Segments
        Examples
        Market size in this segment
        Special needs of Medical Transcription in this Segement
    For Example, one way of segmenting the market is by Hospital Size.
        On this basis, possible segments could be large hospitals,
medium size clinics (10-20 providers), small clinics etc.
    Another example is by speciality (Cardiology, Dentist etc.). 

    
3. Competition Analysis
    Top 10 players in this Market
    How do they position their service (for eg. Quality Service, Low
cost etc.)
    How do they differentiate from competitors
    Market share
    Target Market
    Promotional activities (where do they advertise, discounts etc.)
    How do they price their services (per line, per character, monthly
service fee, any specific prices)
    Location (within US and/or offshore)
    Clients
    Size (# of employees, Annual Revenue etc.)
    

4. HIPAA compliance
    How has HIPAA affected Medical Transcription? 
    How can a Medical Transcription business be HIPAA compaliant?
    How many of the competitor Medical Transcription businessess are
HIPAA Compliant

5. Benefits desired by the Market for outsourcing Medical
Transcription

6. Any available surveys for outsourcing Medical Transcription. (For
eq. How many lines of transcription do cardiologist have per month?
what is the desired turnaround time)

7. Web enabled Medical Transcription (as an Application Service
Provider (ASP) model)
    What are the security concerns, when the web is used for storing
and retrieving the transcriptions and the original dictations.
    Do the physicians feel comfortable storing the transcription on
the web?
    What workflow process is required? etc

8. Pricing
    What are the costs involved in setting up a Medical Transcription
Service? Within US and/or offshore
    What is the best pricing strategy?

9. Trends
    What are the trends of Medical Transcription Service.
Special ** TIP ** for creative thinking.

Request for Question Clarification by acorn-ga on 27 Apr 2003 19:42 PDT
Yikes!  I can't speak for any other Researchers, but $20 for
everything you want (even with the possibility of an unspecified tip)
is not even close to being enough for me to work on this question.  I
can see at least 4 separate billable questions.  If you don't get a
response, perhaps you should consider splitting this question into
segments.

By the way, what are you trying to accomplish with all this
information?  Perhaps a different approach would be providing us with
your goal and letting us work from that angle.

Clarification of Question by silval-ga on 27 Apr 2003 22:09 PDT
My goal is to get the data for a "Services Outsourcing Marketing Plan"
report.
The service I have chosen for my report is "Medical Transcription".

I have given this as a multi part question, thinking that it will help
the Researcher.

Request for Question Clarification by techtor-ga on 27 Apr 2003 23:01 PDT
You do a good job in specifying what you need, though it is quite a
lot. Would it be all right if at least half of the information you
want (or at least the major point of each item) is provided? Thanks.

Clarification of Question by silval-ga on 28 Apr 2003 00:43 PDT
techtor,
I understand that what i need is quite a lot.
It would be great if you can provide me with information on major
point of each item. It would also be helpful if you can provide me
pointers to get the information on how to get other inofrmation (not
required though :)

Clarification of Question by silval-ga on 30 Apr 2003 11:19 PDT
As the information Iam requesting is quite a lot, I have increased the
price to $40 and will tip well for a creative answer (let me know how
much tip do you expect for a comprehensive research).

Request for Question Clarification by techtor-ga on 01 May 2003 08:33 PDT
Thank you for raising your price. As for tip-giving, it's up to you,
really.

By the way, I'm wondering if you want to focus on a particular
country's market, like the United States, or want wordwide figures.
Thanks again.

Clarification of Question by silval-ga on 01 May 2003 10:23 PDT
techtor,
I want to focus on United States Market.

Clarification of Question by silval-ga on 05 May 2003 10:41 PDT
techtor,
Any progress on the research??
I'd appreciate it if you expedite it.
Thank you.

Request for Question Clarification by techtor-ga on 06 May 2003 02:15 PDT
I'd just like to inform you of an apparent stumbling block. I can find
market size information, but nothing on who are the top companies. The
rest of the information is quite hard to find too. It's most likely
that paid reports (that cost at least hundreds of $$!) will have what
you need in full. While I try to find alternatives, I'll be willing to
let other researchers have a crack at this.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Healthcare Industry Market Research
From: avaz-ga on 28 Apr 2004 12:38 PDT
 
Sounds to me like you're wanting to write a business plan. You could
ask some of the established companies out there (unless they "think"
you may become a competitor). Look for Medquist or Transcend Services
(the big boys in the industry). You may also find useful info at
http://www.mtworld.com/index.html.

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