Global procurement intelligence advisory firm, SpendEdge, has announced the release of their 'HR Health Administration Services in the US Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the corporate services industry. This report breaks down the data and analysis behind the procurement of HR health administration in the US and acts as an all-inclusive guide for making smart purchasing decisions.
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HR Health Administration Services in the US Procurement Market Intelligence Report (Graphic: Business Wire)
"The HR healthcare administration services industry is expected to grow over the next three years due to the stringency of healthcare-related regulations," says lead SpendEdge procurement analyst Angad Singh. "The emergence of various technological tools and platforms that help large organizations centralize HR healthcare administration processes and the need for organizations to offer better healthcare benefits to their employees to retain talent will also boost the market," added Angad.
Key Report Features
Supply Market Insights | Negotiation Strategies | ||
Procurement Best Practices | Category Risk Analysis | ||
Cost Saving Opportunities | Key Supplier Analysis | ||
Pricing Models | Supplier Capability Matrix | ||
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Report Highlights
- SpendEdge analysts project the HR health administration services market in the US to showcase a CAGR of 4.1% over the forecast period.
- Buyers should engage with standalone administration service providers that can offer all services including healthcare consulting, medical claims processing, insurance coverage, and health care payer administration solutions.
- Category service providers need to adopt transparency tools, such as applications acting as virtual insurance cards to facilitate educated decisions about health care services.
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HR Health Administration Pricing Trends
Fully insured pricing and hybrid pricing are the two widely adopted pricing models in the global stick packaging market. However, SpendEdge procurement analysts observe reference-based pricing offers the highest potential due to benefits like transparency in healthcare costs, enhanced administrative efficiencies, and increased opportunities for price negotiation with suppliers.
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
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