REPORT SUMMARY
What the data shows
Executives in healthcare services provided insider information on the price increases, gross margin, and revenue growth from 2023 and their targets for 2024. We analyzed their responses and uncovered several traits the high performing companies had in common. Discover those and other insights in our Healthcare Services Pricing Benchmarks white paper.
Some Key Insights:
- European Healthcare Services companies had considerably higher net price realization (almost 3x) over North American companies
- Europe set higher revenue growth targets and surpassed them, whereas North America missed their conservative targets
- Greater discounting in North America has led to net price underperformance versus inflation
- By incorporating finance team’s understanding of financial metrics and performance indicators, healthcare companies can refine predictive models and work cross-functionally to develop actionable pricing strategies
