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Home services & Solutions managed-services Healthcare Supply Chain Professionals Experience Worrying Trends During Survey Assessment of Tariff Effects

Healthcare Supply Chain Professionals Experience Worrying Trends During Survey Assessment of Tariff Effects


Managed Services

 Healthcare, Supply Chain, Professionals, Worrying Trends

Healthcare supply chain operations show both altered processes and higher costs that result from tariffs which affect medical equipment and pharmaceuticals and IT products and managed services.

Black Book Research conducted a survey which demonstrates that healthcare staff members fear deteriorating financial stability alongside operational problems stemming from Mexico-Canada-China import tariffs. During the past week a study involving 160 industrial professionals demonstrated major worries about rising medical equipment prices alongside pharmaceutical expenditures and operational performance decline.

Healthcare supply chain professionals predict that procurement issues and contract agreement complications will appear due to the 25% Mexico-Canada tariff and the 10% Chinese goods tariff according to an 82% survey result. Hospital finance executives predict that implementing price increases for insurers and patients will become standard practice thus raising service costs by more than 90% of respondents.

Reliable industry research indicates drug prices will rise 10% because of active pharmaceutical ingredient tariffs and medical equipment manufacturers expect manufacturing price increases will cause longer production delays and shortages. Healthcare IT vendors face substantial impact from the tariffs because 39% of IT executives predict price increases for their various software license and cloud service offerings such as managed services.

The survey demonstrates that digital transformation projects will experience delays according to 91% of IT leaders because these tariffs worsen the industry's financial challenges. The complete chain reaction will affect patients through cost increases in both private payment expenses and insurance rates.

Black Book Research intends to monitor this industry trend because it will affect long-term healthcare operations while helping healthcare organizations control their expenses.


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