Alexandria, VA, January 7, 2021- The Health Industry Distributors Association (HIDA) is announcing that Decision Resources Group (DRG), part of Clarivate, assumed full operations of the HIDA industry data program beginning January 1, 2021.
DRG will exclusively manage HIDA's data program including data aggregation, related services, and commercial operations. DRG will be the only source of the aggregated distributor sales data for the medical products industry as the HIDA-endorsed business partner.
This HIDA market data program aggregates sales data from leading distributors for reporting market share and other market trends to the broader industry.
"With the addition of the HIDA distributed data to our existing hospital purchasing dataset and patient claims RWD, DRG will offer the industry's most comprehensive view of the medical device market," said Ken McLaren, SVP and GM, Data Analytics & Insights (DAI) at Clarivate. "We are looking forward to enhancing the HIDA program through our AI and machine learning capabilities, and through our continued commitment to customer-centricity."
"Partnering with DRG gives HIDA data users the opportunity to see the entire market for the first time," said Matthew J. Rowan, HIDA President and CEO. "The ability to leverage distributed as well as direct purchase data will unlock new insights for the industry."
Note: For existing data subscribers, GHX Market Intelligence will fulfill Q4 2020 reporting in early 2021 on the usual schedule. DRG reporting will begin with the Q1 2021 data.
The Health Industry Distributors Association (HIDA) represents the country’s medical product distributors – the nation’s essential link between manufacturers and patient caregivers. HIDA members offer critical services increasing the efficiency of U.S. healthcare providers, including hospitals, nursing homes, laboratories, home care, and physician practices. For more information, visit HIDA.org.
Press contact: Sharon Cohen, email@example.com.
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