(Health-NewsWire.Net, September 22, 2018 ) According to Verified Market Intelligence, the global accountable care solutions market was valued at USD 854.32 million in 2016 and is projected to reach USD 8,439.25 million by 2025, growing at a CAGR of 11.9% from 2017 to 2025.
Accountable care services is mainly responsible for managing the quality and cost of healthcare. The goal of accountable services is to coordinate and deliver advanced quality of health care from physicians to hospitals to other clinicians. For an accountable care organization to be commercially operative one needs to determine whether a high quality of healthcare and advanced proficiency is delivered or not. Other components such as imaging, laboratory services, specialty care, hospital care and information technology support are taken care of by accountable care services. Interrelated aspects of cost efficiency, quality and overall population health must be balanced by accountable care services.
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Increasing efforts to reduce risks for healthcare payers, increasing number of accountable care organizations, cost cutting in healthcare and increasing cases of chronic diseases are the factors that has been driving the global accountable care solutions market. Apart from this, single user systems and lack of interoperability and high installation costs might hinder the overall growth rate of the global accountable care solutions market.
Competitive Landscape:
The major players in the market are as follows:
Cerner Corporation IBM Corporation Aetna, Inc. Mckesson Corporation Allscripts Healthcare Solutions, Inc. Unitedhealth Group (Optum Health) EPIC Systems Corporation Verisk Health, Inc. Zeomega Inc. Eclinicalworks, LLC
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