MedTech Companies Are Losing Millions to Revenue Leakage Without Knowing It

MedTech and healthcare equipment companies lose 5-7% of gross revenue due to fraud, supply chain issues, and contract mismanagement, which often go unnoticed by executives. The complexities of the industry contribute to revenue leakage. Implementing real-time monitoring, strengthening contract controls, and enhancing supply chain integrity are crucial steps to mitigate these losses and protect profits. Continue reading