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Global Accountable Care Solutions Market Outlook to 2029

Market Research Report | 2024 Edition | Report ID: BQ02705
Global Accountable Care Solutions Market Outlook to 2029

Report Description

Accountable Care Solutions help gather electronic health record (EHR) data and permits healthcare providers to use their present systems and workflows. According to BlueQuark's, the Global Accountable Care Solutions Market is expected to witness a significant growth rate during the forecasted period. Factors such as the surging adoption of digital and advanced technologies across the healthcare industry due to the increased pressure to offer efficient and cost-effective care is the main driver of the global accountable care services market in the forecasted period. Further, adopting electronic healthcare records and patient-centric solutions in hospitals and clinics has improved the growth of the healthcare providers fragment in the accountable care solutions market in the forecasted period. Furthermore, the elevating prevalence of chronic diseases and an increasingly ageing population is expected to drive the Accountable Care Solutions Market in the forecasted period. However, the lack of interoperability, data security concerns and high investments required for supporting infrastructure are estimated to limit the growth of the accountable care solutions market, whereas the lower reimbursement rates within the value-based care model and disinclination of providers to adopt accountable care solutions can challenge the growth of the global market in the forecasted period.

The rise in the use of EHRs in the healthcare sector is driving the market during the forecast period. Accountable care solutions aid in aggregating disparate Electronic Health Record (EHR) data while enabling healthcare providers to use their current systems and workflows. Some critical solutions provided by Accountable Care Solutions include healthcare analytics, claims management, electronic medical records, and care management solutions. An EHR is a digital variety of a patient's paper chart. EHRs are real-time, patient-centred records that make information available instantly and securely to authorized users. EHR contains patients' medical and treatment histories and is built to go behind standard clinical data collected to deliver essential and efficient care. Due to their benefits, EHRs are readily adopted by healthcare providers, which has increased their demand and is leading to lucrative growth in the market. EHRs enable providers to effectively diagnose patients, reduce medical errors, improve patient information communication between departments, and eliminate the need for any time-consuming paperwork. Many organizations have invested in numerous software investments to help make it easy for experts to Incorporate accountable care solutions software. The accountable care solutions have broader goals, such as coordinating care across the entire care continuum, from physicians to hospitals and other clinicians. The growing number of policies and regulations to promote accountable care models by the governments of several countries and technological advancements such as electronic health records (EHR), health information exchange (HIE), and telehealth contribute to the market growth. The growing usage of accountable care solutions in population health management, rising demand for interoperability and data analytics across various healthcare settings, and increasing number of collaborations and partnerships between accountable care solution providers, technology vendors, and payers to implement comprehensive accountable care models drive the market growth.

North America dominated the global industry. Factors such as the high adoption rate of digital solutions and programming in healthcare facilities across the region are propelling the region's growth. Increased initiatives and cross-partnerships between insurance providers, hospitals, and government institutions are anticipated to develop growth during the forecast period. Asia Pacific is predicted to be the highest-growing market during the forecasted period. Asia Pacific is featured by a large population, a rise in the number of older people, surged government investment in raised health infrastructure development, increased adoption of eHealth platforms, and increased spending on healthcare consumers are the most important factors leading to health growth. Further, the implementation of government regulations for regulatory approvals, increase in government initiatives to promote patient-centric care, the surge in implementation of incentives for the development of the healthcare sector, advancement of extensive data capabilities & information technology, and emerging markets in developing countries all contribute towards the growth of the accountable care solution market. The growing number of policies and regulations to promote accountable care models by the governments of several countries and technological advancements such as electronic health records (EHR), health information exchange (HIE), and telehealth contribute to the market growth. The growing usage of accountable care solutions in population health management, rising demand for interoperability and data analytics across various healthcare settings, and increasing number of collaborations and partnerships between accountable care solution providers, technology vendors, and payers to implement comprehensive accountable care models drive the market growth. The increasing prevalence of chronic diseases and an increasingly ageing population fuels the adoption of accountable care solutions and supports market growth. The rising demand to comply with regulatory guidelines and government Health initiatives favours the global accountable care solutions market. The ability of responsible health care to contain costs while providing affordable and patient-centred care is becoming increasingly important. The growing focus on custom-based medicine and analytics in quality and personalized medicine will likely offer tremendous opportunities for the global accountable care solutions market during the forecast period. Factors such as existing markets and increased take-up of cloud-based models further promote this market. The activities such as acquisitions, partnerships, and collaborations pave the way for market expansion and the base of market players. These market players are expected to have lucrative opportunities with increasing global accountable care solutions market growth.

Some of the market's key players are Cerner Corp., IBM Corp., UnitedHealth Group, Aetna, Inc., and Allscripts Healthcare Solutions Inc.

In March 2022, Collaborative Health Systems, a population health management organization, and Community Care Alliance, an accountable care organization, entered into a venture.

In March 2022, The Center for Medicare and Medicaid Services introduced a new accountable care model, REACH (Realizing Equity, Access, and Community Health), developed by NAACOS, the National Association of ACOs (CMMI). The REACH model will replace the Global and Professional Direct Contracting (GPDC) model.

Global Accountable Care Solutions Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Accountable Care Solutions market by segmenting based on the By Product Service (Healthcare Provider Solutions, Healthcare Payer Solutions, Services), Delivery Mode (On-Premise Delivery Mode, Web Cloud-Based Delivery Mode) and End User (Healthcare Payers, Healthcare Providers), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Accountable Care Solutions Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Accountable Care Solutions Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Accountable Care Solutions Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Accountable Care Solutions Market , in USD Million, 2019-2029

Global Accountable Care Solutions Market - Market Dynamics, 2024-2029

Global Accountable Care Solutions Market - Supply Chain Analysis

Global Accountable Care Solutions Market - Porters Five Forces Analysis

North America - Accountable Care Solutions Market , in USD Million, 2019-2029

Europe - Accountable Care Solutions Market , in USD Million, 2019-2029

Asia-Pacific - Accountable Care Solutions Market , in USD Million, 2019-2029

South America - Accountable Care Solutions Market , in USD Million, 2019-2029

Middle East & Africa - Accountable Care Solutions Market , in USD Million, 2019-2029

Accountable Care Solutions Market - Infographics

Other Charts

For complete list of tables and charts, please contact us via the form at the top of the page.

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Accountable Care Solutions Market Outlook to 2028.pdf
Market Data - Global Accountable Care Solutions Market Outlook to 2028.xls

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