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Philippines Electronic Health Records Market Analysis

This report presents a strategic analysis of the Philippines Electronic Health Records Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Philippines Electronic Health Record Market, and offers unmatched value, accuracy, and expert insights.

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Philippines Electronic Health Records Market Analysis

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  1. A sample report on Philippines Electronic Health Records Market Analysis

  2. This report presents a strategic analysis of the Philippines Electronic Health Records Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Philippines Electronic Health Record Market, and offers unmatched value, accuracy, and expert insights.

  3. Report Scope Report Attribute Details Number of Pages 70-80 Base Year for Estimation 2023 Forecast Period 2024-2030 Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement Scenario Report Coverage Quantitative Units Revenue in USD Million/Billion (Mn/Bn) Research Approach Secondary Research (60%), Primary Research (40%) Click on the icon to know the detailed methodology 3 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  4. Table of Content CONTENT PG. NO. 07-17 1. Philippines Electronic Health Records Market Overview 1.1. Electronic Health Records Overview 1.2. Electronic Health Records Scenario in the World 1.3. Philippines Overview 1.4. Economic Overview: Philippines 1.5. Statistics at a Glance 1.6. Healthcare Scenario in Philippines 1.7. Budget of Philippines Government for Public Insurance 1.8. Top Developments in Philippines 18-19 2. Electronic Health Records Overview 2.1. Electronic Health Records: Challenges 20-25 3. Market Size and Forecasting 3.1. Market Size and Forecasts (Excel and Methodology) 4 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  5. Table of Content CONTENT PG. NO. 3.2. Market Segmentation 3.2.1. Product 3.2.2. Application 3.2.3. End User 26-31 4. Market Dynamics 4.1. Market Growth Drivers 4.2. Market Restraints 32-41 5. Competitive Landscape 5.1. Major Market Share 5.2. Key Players in Philippines Electronic Health Records Therapeutics Market 5.2.1. Siemens Healthineers 5.2.2. GE Healthcare 5.2.3. Stryker 5 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  6. Table of Content CONTENT PG. NO. 5.2.4. Cerner Corporation 5.2.5. NextGen Healthcare 5.2.6. iClinic 5.2.7. Medilink 5.2.8. Health Data Management Inc 5.2.9. Anzer IT Healthcare 5.2.10. Meditech 42-46 6. Regulatory Landscape –Philippines 6.1. Regulations in Philippines 6.2. Reimbursement Process 47-67 7. Methodology and Scope 6 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  7. Philippines Electronic Health Records Market Analysis 1. Market Overview

  8. 1.1 Electronic Health Records Overview Electronic Health Records (EHR), is a computerized record of a patient's medical history that is kept by their healthcare practitioner. It comprises a complete record of the patient's health information, including demographics, medical history, vital signs, laboratory findings, imaging reports, and progress notes from doctors and other healthcare providers ▪ EHRs can be accessed from anywhere in the world by authorized healthcare practitioners, improving care coordination and reducing medical errors. They can also be used to monitor population health trends and conduct research ▪ There are numerous advantages to using EHRs, including: Improved Patient Care: EHRs make it easier for healthcare providers to access and share patient data, resulting in better diagnosis and treatment ▪ Reduced Medical Errors: EHRs can help reduce medical errors by giving healthcare practitioners access to complete and accurate patient data ▪ Increased Efficiency: EHRs can simplify administrative processes and increase the efficiency of healthcare delivery ▪ Improved Population Health: EHRs can be used to track population health trends and conduct research, hence improving the community's overall health ▪

  9. 1.2 Electronic Health Records Scenario in the World Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic ▪ 80% Office-based physicians adopted EHR in 2021 79% of Primary Care Physicians reported using an inpatient or ambulatory EHR system In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 63% Hospitals in Japan have adopted EHR 96% Non-federal acute care hospitals use EHR Illustrative Illustrative 9 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  10. 1.2 Electronic Health Records Scenario in the World Regional Analysis ➢ Africa: $_ _ ➢ APAC: $_ _ ➢ Europe: $_ _ ➢ LATAM: $_ _ ➢ Middle East: $_ _ Philippines Market ~$xx Bn Market ➢ North America: $_ _ Illustrative Illustrative 10 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  11. 1.3 Philippines Overview Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic ▪ $1.053 Tn Is the Gross Domestic Product in Philippines in 2023 117.3 Mn+ Population of Philippines in 2023 In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 25 years Is the median age in Philippines (2023) 5.5% Of Philippines ’s GDP is spent on health in 2023 Illustrative Illustrative 11 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  12. 1.4 Economic Overview: Philippines Population of Philippines, (in Mn) GDP of Philippines, (in $Bn) 404.28 117 394.09 376.82 115.59 361.75 346.48 113.88 328.48 318.63 112.19 110.39 108.56 106.73 104.87 2016 2017 2018 2019 2020 2021 2022 2016 2017 2018 2019 2020 2021 2022 2023 Population Split (2023) In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic ▪ By Gender By Age Group 6.0% In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 0-14 15-64 65 and above 30.0% Male, 49.2 Female , 50.8 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 64.0% Illustrative Illustrative 12 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  13. 1.5 Statistics at a Glance: Electronic Health Records Market in Philippines In this section you will get an understanding of the Philippines Electronic Health Records Market, which includes the number of registered population and other details related to the topic ▪ Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ 94% Healthcare providers have intent-to-use EHR in the future 2740 Filipino health professionals were trained for EHR platforms In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ $30K Is the cost for implementing EHR for small setup in Philippines 10% Of the population availed eHealth services in Philippines in 2023 Illustrative Illustrative 13 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  14. 1.6 Healthcare Scenario in Philippines Public Healthcare Private Healthcare Universal Healthcare: Philippines has a universal healthcare system. It is administered by a system called PhilHealth which is a government owned company. It covers expenses of the Filipino population which include medical treatment, inpatient care and non-emergency procedures Health Workforce: Philippines has a well-trained and diverse healthcare workforce, including doctors, nurses, allied health professionals, and specialists with 60-70% working in the private sector. It addresses the population seeking faster, specialized and modernized facilities ▪ ▪ Insurance Government Programs PhilHealth: Every Filipino citizen and lawful resident makes contributions to the Philippine Health Insurance Corporation (PhilHealth) through either taxes or deductions from their payroll. This contribution ensures fundamental coverage for hospitalization, emergency services, and certain outpatient services Medical Assistance Program: Provided by the Department of Health (DOH), the Medicines Assistance Program (MAP) provides free medications to financially disadvantaged patients who require consultations, rehabilitation, examinations, or hospitalization in government healthcare facilities ▪ ▪ Illustrative Illustrative 14 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  15. 1.7 Budget of Philippines Government for Public Insurance Proposed Budget By Category 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-31 Outlays $769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633 In Billions Of Dollars Medicare 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7% As % Of GDP National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP) ▪ Medicare spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE ▪ Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE ▪ Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE ▪ Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE ▪ Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020 ▪ Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020 ▪ Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020 ▪ Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7% ▪ Illustrative Illustrative 15 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  16. 1.8 Top Developments in Philippines Latest Deals in Philippines Amount / Duration Company Name Type Year Key Pointers Mesh Bio, a startup based in Singapore, has secured $3.5 million in Series A funding, with East Ventures leading the investment round Through this funding it will scale the deployment of its solutions, particularly its flagship digital twin offering, specifically in Philippines, Hongkong and Indonesia ▪ Funding $3.5 Mn 2024 ▪ Hive Health, a digital health insurance startup established at Harvard and Stanford Universities in 2021, has completed the acquisition of Health Plan Philippines (HPP), a leading provider of health maintenance organization (HMO) services in the Philippines Through this strategic move, Hive Health aims to leverage its technology and data-driven innovations by sharing them with the current members of HPP ▪ Acquisition - 2023 ▪ Illustrative Illustrative 16 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  17. 1.8 Top Developments in Philippines (Continued) Latest Deals in Philippines Amount / Duration Company Name Type Year Key Pointers Illustrative Illustrative 17 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  18. Philippines Electronic Health Records Market Analysis 2. Electronic Health Records Overview

  19. 2.1 Electronic Health Records in Philippines: Challenges The Electronic Health Records System in Philippines is relatively new and is still evolving. However, it faces several barriers and challenges in adoption and implementation restricting efficient healthcare delivery, improving patient outcomes, and limiting accessibility to medical services Environmental Challenges Technological Challenges Organizational Challenges ▪ Privacy Regulation Compliance:EHR implementation in the Philippines faces environmental challenges related to ensuring compliance with stringent privacy regulations, such as the Data Privacy Act ▪ Complexity: Implementing EHR in the Philippines is complex due to diverse healthcare practices and technological readiness, requiring coordination and adaptation ▪ User Resistance: EHR implementation in the Philippines faces challenges from user resistance among healthcare professionals who may be accustomed to traditional paper-based systems ▪ Limited Infrastructure: Challenges like unreliable internet, power supply, and outdated hardware hinder EHR adoption ▪ Unskilled IT Staff: A shortage of skilled IT personnel poses a significant challenge to EHR implementation, as configuring, maintaining, and troubleshooting complex electronic systems require specialized technical expertise ▪ Medical School Orientation: A lack of formal education and orientation on EHR systems in medical schools presents an environmental challenge to implementation. Healthcare professionals may graduate without adequate training on electronic health record usage ▪ Poor Interface Design: Inefficient EHR interfaces hamper user adoption and usability, highlighting the need for user-centric design Illustrative Illustrative 19 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  20. Philippines Electronic Health Records Market Analysis 3. Market Size and Forecasting

  21. 3.1 Market size and forecasts (Excel and Methodology) Philippines Electronic Health Records Market Analysis Forecast, 2023-2030 In this section you will get an understanding of the Philippines Electronic Health Records Market, which includes major markets patient, Philippines patient size, % of patients, global market size, and Philippines market size ▪ XX Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ 2023 2024F 2025F 2026F 2027F 2028F 2029F 2030F In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 2023 2024 2025 2026 2027 2028 2029 2030 Major Markets Patient ($Mn) 2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Philippines Patient Size ($Bn) 0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73 % of Patients 18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45% Global Market Size ($Bn) 3,620 3,780 3,950 4,128 4,314 4,508 4,711 4,937 Click on the icon to know the calculations and assumption Philippines Market Size ($Bn) 61 74 84 87 91 95 99 106 Illustrative Illustrative 21 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  22. 3.2 Snapshot of Electronic Health Records Market Segmentation Product Application End-user Web/ Cloud-based EHR Software E-prescription Hospitals On-premise EHR Software Practice Management Specialty Centers Referral Management Clinics Patient Management Ambulatory Surgical Centers Population Health Management In this section you will get an understanding of the segmentations which will cover the Philippines Electronic Health Records Market Analysis ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Illustrative Illustrative 22 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  23. 3.2.1 Market Segmentation: By Product In this section you will get an understanding of the Philippines Electronic Health Records Market, which includes market segmentation by product ▪ Philippines Electronic Health Records Market Analysis Share, By Product (2023) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ On-premise EHR Software In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Web/ Cloud- based EHR Software Illustrative Illustrative 23 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  24. 3.2.2 Market Segmentation: By Application In this section you will get an understanding of the Philippines Electronic Health Records Market, which includes market segmentation by application ▪ Philippines Electronic Health Records Market Analysis Share, By Application (2023) Population Health Management Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Patient Management E-precription In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Referral Management Practice Management Illustrative Illustrative 24 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  25. 3.2.3 Market Segmentation: By End-user In this section you will get an understanding of the Philippines Electronic Health Records Market, which includes market segmentation by end-user ▪ Philippines Electronic Health Records Market Analysis Share, By End-user (2023) Ambulatory Surgical Centers Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Clinics In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Hospitals Specialty Centers Illustrative Illustrative 25 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  26. Philippines Electronic Health Records Market Analysis 4. Market Dynamics

  27. 4. Snapshot Of Market Growth Drivers And Restraints 4.1.1 Supportive government initiatives and digital health push 4.1.2 4.1.3 Ability of EHR to reduce medication errors by 17% Growing awareness of EHR benefits 4.2.1 4.2.2 Data privacy and security concerns Limited digital infrastructure and connectivity challenges Illustrative Illustrative 27 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  28. 4.1.1 Supportive government initiatives and digital health push Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Initiative Description Philippine Health Insurance Corporation (PhilHealth) is actively promoting the adoption of EHRs through various initiatives like implementing the National Electronic Health Records System (NEHRS) ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ PhilHealth's Digital Transformation Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Promoted by the Department of Health (DOH), it aims to facilitate EHR adoption in healthcare facilities ▪ E-Health Strategic Plan Illustrative Illustrative 28 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  29. 4.1.2 Ability of EHR to reduce medication errors by 17% and hospitals readmission rates by 20% Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Medication Errors in Philippines, (n) In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 2021 2022 2023 2024 Illustrative Illustrative 29 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  30. 4.1.3 Growing awareness of EHR benefits Increase in the Adoption of EHR in Philippines, (%) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 2020 2021 2022 2023 2024 Illustrative Illustrative 30 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  31. 4.2 Market Restraints 4.2.2 Data privacy and security concerns with potential breaches and misuse of sensitive health information 4.2.1 Limited digital infrastructure and connectivity challenges due to low accessibility in rural areas Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Our analysis will thoroughly investigate the key restraints that may significantly impact business operations and growth. Illustrative Illustrative 31 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  32. Philippines Electronic Health Records Market Analysis 5. Competitive Landscape

  33. 5.1 Major Market Share Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Revenue of Major players in the Philippines Electronic Health Records Market($ Mn) Company 10 In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability ▪ Company 9 Company 8 Company 7 In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Company 6 Company 5 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Company 4 Company 3 Company 2 Company 1 Illustrative Illustrative 33 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  34. 5.2 Key Players in Philippines Electronic Health Record Market Here is the list of top 10 companies which will cover in the final report ▪ 1 6 Siemens Healthineers iClinic Each company will have slides for ▪ Overview Key details Offerings Name of products Recent activities/ Press Coverage Distribution and Vendor Partners Mergers, Acquisitions and Collaboration Financials If there are specific companies that you would like to be included in the report, please let us know via email In order to obtain access to all of the information that you are seeking, you will need to purchase the final report o o 2 7 GE Healthcare Medilink o o o Health Data Management Inc o o 3 8 Stryker o 4 9 Cerner Corporation Anzer IT Healthcare ▪ ▪ 10 5 NextGen Healthcare Meditech Illustrative Illustrative 34 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  35. 5.2.1 Siemens Healthineers Offerings ▪ Siemens Healthineers is a leading medical technology company that provides innovative technologies and services in diagnostic and therapeutic imaging, laboratory diagnostics and molecular medicine, as well as digital health and enterprise services ▪ It has a global presence, with operations in over 150 countries, employs over 50,000 people and has a research and development network with over 100 sites worldwide ▪ Siemens Healthineers Philippines is a leading provider of healthcare technology in Philippines Founded in: 1847 ➢ Medical Imaging HQ: Erlangen, Germany ➢ Laboratory Diagnostics Type: Private ➢ Point-of-Care Testing Revenue: $19.44 Bn (Global) Website: siemens-healthineers ➢ Digital Health Recent Activity / Press Coverage ▪ August 25, 2023 — Siemens Healthineers has unveiled Acuson Origin, a new cardiovascular ultrasound system with robust artificial intelligence (AI) capabilities that allow it to identify the anatomy being imaged and anticipate the next steps needed to advance patient care ▪ March 03, 2023 — Siemens Healthineers has announced the evolution of the Acuson Sequoia Flagship series at this year’s European Congress of Radiology (ECR) in Vienna ▪ February 15, 2023 — Siemens and Swinburne University of Technology have agreed to set up the most advanced future Energy Transition Hub of its kind in Philippines in at the University’s Hawthorn campus in Melbourne to leverage digital twin of Philippines ’s energy grid with Siemens software such as PSS E, PSS Sincal, Spectrum Power and Deop X 35 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  36. 5.2.1 Siemens Healthineers (Continued) Latest Deals - Mergers and Acquisitions Amount / Duration Company Name Type Year Key Pointers Siemens Healthineers subsidiary Varian, acquired Aspekt Solutions, a provider of radiology and radiation oncology services Aspekt Solutions specializes in offering consultancy services to radiology departments and imaging centers, with expertise in medical physics, dosimetry, and strategic planning Through this acquisition, Siemens aims to broaden its portfolio of advanced oncology solutions and meet the growing need for personalized services in the field ▪ ▪ Acquisition - 2023 ▪ Illustrative Illustrative 36 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  37. 5.2.1 Siemens Healthineers (Continued) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Revenues ($Bn), 2020-2030 In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Breakdown of Net Revenue by Segment, 2023 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 1 2 3 4 Illustrative Illustrative 37 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  38. 5.2.2 GE Healthcare Solutions offered by Company Founded in: HQ: Type: Revenue: Website: Drugs for Telemedicine Recent Activity / Press Coverage Drugs Indications 38 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  39. 5.2.2 GE Healthcare (Continued) Partnerships Ecosystem Major Distribution Partners Major Vendor Partners 39 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  40. 5.2.2 GE Healthcare (Continued) Latest Deals - Mergers and Acquisitions Amount / Duration Company Name Type Year Key Pointers 40 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  41. 5.2.2 GE Healthcare (Continued) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Revenues ($Bn), 2020-2030 xx xx xx In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Breakdown of Net Revenue by Segment, 2022 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 1 2 3 4 41 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  42. Philippines Electronic Health Records Market Analysis 6. Reimbursement Scenario

  43. 6.1 Reimbursement Regulation in Philippines Regulatory Authorities With Jurisdiction Over Drugs, Biologicals, And Medical Devices In Philippines The Department of Health (MOH) is the primary governmental body responsible for the health of the people and the overall healthcare system in Philippines . Its key governmental agencies responsible for the administration of drugs and medical devices are as follows: Philippines Health Insurance Corporation, The national health insurance initiative provides coverage for vital healthcare services for those enrolled. It establishes reimbursement rates for medications incorporated into PhilHealth's benefit package, significantly impacting market dynamics, given that a considerable number of Filipinos depend on PhilHealth coverage for their medication expenses ▪ Department of Health (DOH), Formulates health policies and guidelines, encompassing aspects such as medication pricing and reimbursement. It holds the power to modify PhilHealth's benefit package and reimbursement rates. Plays a pivotal role in championing affordable and accessible medications for the entire Filipino population ▪ Philippine Food and Drug Administration (FDA), Endorses the safety and effectiveness of medications for distribution within the Philippines. It shapes reimbursement determinations by establishing the criteria that determine which medications qualify for coverage under PhilHealth Department of Social Welfare and Development (DSWD), It offers financial aid to indigent individuals and families during health emergencies, which encompasses assistance for acquiring medications. It works in conjunction with other agencies, such as PhilHealth, to enhance healthcare accessibility for vulnerable populations ▪ ▪ Philippine Pharmacopeia (Philp): Established by the Bureau of Food and Drugs within the Department of Health, Philp sets the official criteria for the identity, purity, quality, and potency of drugs and medicines in the Philippines. Philp plays a pivotal role in maintaining the uniformity and excellence of pharmaceutical products throughout the country. It serves as an autonomous reference, offering guidance to manufacturers, importers, distributors, and healthcare professionals to ensure that medications comply with established quality standards ▪ Illustrative Illustrative 43 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  44. 6.1 Reimbursement Regulation in Philippines (Continued) Coverage Penetration (% Total Population) Source of Funding Spend on Healthcare (%of Current Health Expenditure) 100% 100% 100% 100% 100% 44.0% Government Expenditure xx 46.0% xx 47.7% xx xx xx 51.0% 51.8% Public Healthcare Coverage Private Health Insurance Out of Pocket 38.9% 37.1% 35.6% 31.5% 32.5% Private Coverage Other NA NA 2019 2020 2021 2022 2023 2017 2018 2019 2020 2021 2022 2023  Public healthcare coverage is provided by the government and includes programs like Medicare and Medicaid  Medicare is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities 6.3% 4.08% 5.1% 3.8% 2.2% 2.4% 3.6% GDP Growth (yoy) 14.7% 11.3% 15.5% 7.5% 4.2% NA NA HC Spend Growth (yoy) Reimbursement Market Trends ▪ Shift towards value-based care has been a significant trend in Philippines healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs ▪ This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative Illustrative 44 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  45. 6.2 Reimbursement Process The reimbursement process in Philippines healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient ▪ Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided ▪ Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud ▪ Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule ▪ Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 45 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  46. 6.2 Reimbursement Process (Continued) The reimbursement process in Philippines healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: MoH Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient ▪ Market Authorization Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided ▪ Private Payers Public Payers Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud ▪ Health Technology Assessment Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule ▪ 1 2 3 Coding Coverage Payment Coding depends on availability code while coverage and payment process decisions are made through an HTA. Illustrative Illustrative 46 A Sample Report on Philippines Electronic Health Records Market Analysis I Confidential

  47. A division of

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