Medical + Dental + Health Industry Expertise
The Australian medical, dental and health industries are worth a combined (AUD) $64 Billion.
Medical and eHealth industry insight.
Australia has one of the world’s best and most efficient healthcare systems, delivering high life expectancy at a low cost. Australia’s universal health system is a global benchmark, with Medicare (government health coverage) working together with private health insurance to provide comprehensive healthcare for all Australians.
Digital health, which encompasses eHealth, hospital information systems (HIS), telemedicine, and health informatics, uses software, information and communication technology to deliver and manage health services. Australia is implementing digital health solutions to grow a sustainable healthcare system and respond to system-wide challenges including increased cost and demand pressures, greater demand for personalised care and an ageing population.
The Australian healthcare IT market is expected to grow at a compound annual rate of 12.3 per cent by 2020, reaching an estimated market value of $2.21 Billion.
Dental industry insight.
According to IBIS worldwide data, Australia's ageing and growing population has supported the Dental Services industry over the past five years. In contrast with other health services, the Dental Services industry is predominantly privately funded. Growing private health insurance coverage has stimulated industry growth by making some patients more willing to visit their dentist regularly to undergo treatments. Consequently, industry revenue is expected to rise by an annualised 5.3% over the five years through 2018-2020, to reach (AUD) $9.8 billion.
Stannards accelerates medical, dental and health groups.
Stannards B.iQ™ helps accelerate independently owned medical, dental and health groups. We do this by integrating core business advisory services called #BusinessIntelligence - #B.iQ™, financial design thinking, efficient operations, industry compliance, cash flow management, taxation planning and predictive financial analytics into actionable outcomes. In collaboration with our clients, our team of expert advisors understands what it takes to make their businesses win.
What is a Stannards Discovery Session?
A Stannards discovery session is a 45-minute catch up to understand how to get your business moving in the right direction. Designed for prospective clients, we ‘sense’ check your business using Stannards B.iQ™ thinking. Whether you are a start up or already operational, our discovery sessions address the following key areas to get your business market-ready.
Your industry & market intelligence
Current and future business model
Key targets and goals
Market Implementation strategy and timeline
Family office planning