HIM sector to grow 13-15%

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Health information management (HIM) in Philippines is eyed to grow 13 to 15 percent this year and will remain one of the fastest growing segments of the information technology-business process management (IT-BPM) industry.

But that is assuming all the right ingredients are present,  according to Nora Terrado, country head of Carelon Global Solutions Philippines Inc. (formerly Legato Health Technologies Philippines Inc.)

In.a press conference announcing the rebrand, Terrado said the healthcare information and related health practice represents 10 to 13 percent of the IT-BPM industry in the country, a similar proportion on the global front.

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While the United States will continue to be the big market of HIM, Terrado said  advance economies like the United Kingdom, Germany, Australia and New Zealand are increasingly becoming emerging markets for Philippine players.

But Terrazzo noted the need to focus on building a stronger ecosystem to adopt to the changes in the global trends if the Philippines wants to maintain its position as a destination for healthcare services.

She noted the need to prioritize talent development and infrastructure development as well as ease of doing business in driving the industry’s growth.

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