Technomic Examines Healthcare Reform Impact On Catering

CHICAGO (May 26, 2011 - PR Newswire)—Everyone knows that doctors are busy people, which is why pharmaceutical representatives have long relied on "lunch and learns" to introduce physicians to new product developments. But as currently written, the Physician Payment Sunshine Provision (Section 6002) of the Affordable Care Act will require pharmaceutical companies to report anything of value they provide to physicians above $10 per item, or $100 per year.

The implications for the foodservice industry are an important area of examination in Technomic's new study, Large Orders Off-Premise 2011, an update of its 2007 landmark research which revealed an $18.5 billion opportunity for restaurant operators to cultivate an alternate revenue stream through B2B catering.

"Restaurants and other operators that already have a thriving catering business are very interested in understanding how healthcare reform will impact their business, and ways they can respond," says Melissa Wilson, Technomic Principal and study director. "We’re expanding the scope of this study to learn how the medical community expects this to impact catering orders. The study will also examine how limited-service and casual-dining operators can expand their presence in several other key business/office catering segments."

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Meet the restaurant fixer who now owns Etta

Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Trending

More from our partners