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Resilience Is Key For Medtechs Facing Provider And Payer Flux In 2018

 
• By Ashley Yeo

Medtech firms entered 2018 knowing that demands from providers and payers are increasing, the pace of business is quickening, and at the same time patients are more empowered and market access routes are more exacting than ever. Against this backdrop, PwC explains the top health industry issues for the coming year, highlights the forces that will have the most impact on the industry in 2018 and explains why manufacturers need to be nimble.

What changes should medtech companies, including those with IT applications, expect from 2018, or, put another way, how should they prepare to serve a global health care sector that is expecting "more and different" from its industry partners? PwC partner and US health services sector leader Gurpreet Singh believes that industry players need to show creativity and flexibility, but most of all resilience, to stay one step ahead of the changes – and the competition.

Speaking to In Vivo after the release of “Top Health Industry Issues of 2018,” the PwC Health Research Institute's 12th annual report, Singh explained the shifting sands that medtechs must build their businesses on in the current era. He highlights sector collaboration as the new, key factor

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