Healthcare suppliers can now find and win more public sector contracts across the UK and beyond, thanks to a new data-driven intelligence and insights platform.
Health Contracts International (HCI), which launches tomorrow (24 November), is the only business intelligence solution dedicated to the lucrative healthcare market.
The global healthcare market reached a value of nearly $8.45 billion in 2018 and is expected to grow to almost $11.9 billion by 2022
Developed by procurement, research and technology experts at BiP Solutions, HCI allows suppliers to stay one step ahead of their competition in the complex and fast-growing healthcare market.
HCI uses a ground-breaking artificial intelligence platform to increase search relevance, boosting the visibility of current and future tender opportunities across the entire healthcare sector.
It also showcases opportunities in other sectors that could be relevant to healthcare suppliers, broadening their potential customer base.
HCI includes all frameworks and DPS contracts and provides users with a wealth of market insight, including analysis of healthcare buyer spending patterns, trends and specialist industry news.
It is being hailed as an ‘indispensable tool’ for ambitious healthcare suppliers with a growth mindset.
Simon Burges, CEO of BiP Solutions said:
“We have a great pedigree of creating business intelligence platforms which deliver customer value and see HCI as the next generation from a tech point-of-view. It also complements our other services that help thousands of suppliers and buyers engage and work successfully together.
“HCI is a hugely exciting product for us, especially when NHS spending is increasing dramatically; both in response to the Covid-19 pandemic and the long-term commitment to invest more in healthcare, as outlined in the Government’s recent Spending Review (link to blog).
“By surfacing more opportunities than ever before, we believe HCI will enable this investment to be accessed by a far wider supply base; providing buyers with a greater choice of innovative and high-value products and services.
“It is a proud moment to see all our development work come to fruition and to play our part in connecting suppliers with the health sector at such a critical time in its history.”
HCI officially launches at the HCSA Conference and Exhibition in Harrogate tomorrow (November 24) – an industry leading event for healthcare professionals.
This year the main theme is ‘recognising the value of NHS procurement’ and the event includes keynote speeches from the Department of Health and Social Care and several NHS Trusts.
Keith Rowley, Chief Officer at the HCSA said:
“We are committed to developing the NHS procurement profession and maintaining strong links with suppliers. At a time of increased investment across the national health service, it’s more important than ever that buyers engage effectively.
“I am delighted that HCI is launching at HCSA, with the aim of increasing transparency of opportunities across this sector.”
Chris Barre, Product Owner at BiP Solutions added:
“HCI uses advanced machine learning and artificial intelligence to tailor healthcare tender opportunities results to our customers specific needs.
“Ultimately this saves them time, money and resources as they are able to engage earlier in the procurement process and future proof their opportunity pipeline.”
