Thursday 9 November 2017

Implementation of Incentives to Shift the Burden of Risk From Healthcare Payers to Providers

Based on application, the patient engagement solutions market is segmented into health management, home health management, social and behavioral management, and financial health management. In 2017, the health management applications segment is expected to account for the largest share of the global market. The large share of this segment can be attributed to the increasing awareness among patients about the complexity of their disease conditions and their willingness to actively participate in maintaining their own health.

Based on end user, the patient engagement solutions market is segmented into providers (hospitals and physicians), payers, patients, and other end users (employer groups, government bodies, and pharmaceutical companies). In 2017, the healthcare providers segment is estimated to account for the largest share of the global market. The large share of this segment can be attributed to the high demand for patient engagement solutions by healthcare providers in order to maintain a competitive edge in the market.

The global patient engagement solutions market USD 8.80 Billion in 2017, For More Information,
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In 2017, McKesson Corporation (US) and Cerner Corporation (US) were some of the major players in the global patient engagement solutions market. Some of the other players competing in the market are Allscripts (US), IBM (US), athenahealth (US), Orion Health (New Zealand), Getwell Network (US), Lincor Solutions (Ireland), Yourcare Universe (US), WelVU (US), Get Real Health (US), and Oneview Healthcare (Ireland).

Geographically, North America is estimated to account for the largest share of the global market, followed by Europe. The growth of the North American market is expected to be centered particularly in the US. Growth in this segment is largely driven by the federal mandates, focus on Meaningful Use of Healthcare IT, need to curb rising healthcare cost and reduce hospital readmissions

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