The state of Minnesota is considered a leader in the U.S. healthcare industry. Home to 143 hospitals and employing more than 121,000 healthcare workers (and also a hub for the medical device industry), Minnesota is renowned for quality healthcare and breakthrough medical innovations. The state is home to the Mayo-Clinic, ranked as the best hospital in the United States by US News and World Report and which has a state economic impact of roughly $9.6 billion. The hospital also welcomes more than one million domestic and international patients every year. [i]
Four out of 10 of Minnesota’s largest employers are in the healthcare industry. According to the Federal Agency for Healthcare Quality and Research and the Centers for Medicare and Medicaid Services, Minnesota is ranked as one of the top four states in the country for high quality and low-cost healthcare.[ii] U.S. News also nationally ranks hospitals in certain specialties across the United States, meaning that these hospitals are at the top of the list for quality care in those specific areas of healthcare. There are sixteen specialties in which hospitals are ranked, in Minnesota there are three hospitals that made the list. Out of the sixteen specialties the Mayo-Clinic earned top spots in fifteen specialties, Abbott Northwestern earned top spots in eight and St. Cloud Hospital earned top spots in three. [iii]
As one of the top states for quality and specialty healthcare services, it’s not surprising that there are a vast number of government bid opportunities related to healthcare products or services in the state of Minnesota. From medical services to medical devices and equipment, pharmaceuticals, a wide-range of healthcare services and treatments, hospitals, medical facilities, biotech, and a whole host of other medical related products and services, vendors can expect to find opportunities to work within the public sector.
Doing Business with the State of Minnesota
In order to do business with the state of Minnesota vendors must first register with the state’s supplier portal. In some cases vendors may also be required to register with the Office of the Secretary of State. Through Minnesota’s Procurement System SWIFT (stands for StateWide Integrated Financial Tools), vendors can register their business through the portal where they can then sign up to receive bid notifications and search through open bids, submit proposals, find bid tabulation results, and review vendor payments.
There are some instances where certain business types can receive preference for bid opportunities with the state of Minnesota. Businesses that are certified as a Targeted Group (defined as any business that is 51% owned by a woman, minority or individual with a substantial physical disability), Economically Disadvantaged or Veteran-Owned small business may receive up to six percent preference in selling their goods or services to the state or bidding on construction contracts. Vendors who would like to be certified as such can easily apply for certification through Minnesota’s Small Business Certification Portal.
(Source: State of Minnesota. Department of Administration. Office of State Procurement. Targeted Group/Economically Disadvantaged/Veteran-Owned Small Business Procurement Program. 2019)
Getting Help to Find More HealthCare Bids
Using a bid intelligence service like BidNet can help your company find even more targeted bid opportunities in the healthcare industry. BidNet’s expert research staff scours thousands of sources to find bids that match what you sell at all levels of government in every state, then send you relevant bids in a daily email notification. Finding healthcare bids in the state of Minnesota will be less time consuming for your business with BidNet -- and since BidNet provides all bid documents, amendments and specifications, your company can easily decide which bid opportunities to pursue and focus on writing winning proposals.
[i] State of Minnesota. Employment and Economic Development. Healthcare Services. 2019. Web. 22 Jul. 2019
[ii] Minnesota Hospital Association. Minnesota Provides High-Quality, Low-Cost Health Care. 01 Jun. 2019. Web. 22 Jul. 2019
[iii] Health.USNews.com. Best Hospitals in Minnesota. 2019. Web. 22 Jul. 2019