Global Accountable Care Solutions Market Overview:
Accountable care solutions (ACS’s) are groups of healthcare providers, like hospitals, doctors, facilities who voluntarily come together to give high-quality care to their patients. They are the organizations that tie providers to quality metrics and reductions in the cost of care. The organization is accountable for the quality, appropriateness, and efficiency the patient receives. Accountable care organizations are mostly dominant in North America but are now quickly catching pace in the Asia Pacific. Some of the players profiled in the study are AllScript Healthcare solutions (United States), Athenahealth Inc. (United States), UnitedHealth Group Incorporated (United States), IBM corporations (United States), Cerner corporations (United States), McKesson Corporation (United States), Epic Systems Corporation (United States), Verisk Health (United States), ZeOmega, Inc. (United States) and eClinicalWorks, Inc. (United States).
On the basis of geography, the market of Accountable Care Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Accountable Care Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Health Payer will boost the Accountable Care Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Advancing IT and Big Data Capabilities
- Increasing Number of ACOs
- The Incentive to Shift Burden of Risk from Healthcare Payers to Providers
- As Healthcare Costs Rise, the Demand for Market Drivers Increases
- Need of Past Data and Personalized Services by Patients
- Increase in Cloud-Based Solutions
- Expansion to Emerging Markets like China and India
- Personalized Care Solutions
- Different Healthcare Laws in Different Countries and Regions make it Difficult to Deliver Same Quality across Market
- Can Make a Major Impact on Rural Healthcare
- Emerging Markets like China and India
- Lack of Awareness and Education among General Population about Accountable Care
- Many Hospitals and Leading Health Care Providers Still Unsure about how the ACS Models will affect their Revenues
- ACS is less than Prepared to Face Pandemics like Covid-19 Pandemic
Key Market Developments:
As the market size increases many new firms enter the market of accountable care who have different specialties. Competition is most fierce in North America.
Target Audience:New Entrants/Investors, Analysts and Strategic Business Planner, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study To define, describe, and forecast the Global Accountable Care Solutions market on the basis of product [Integrated Delivery Systems, Multi-Speciality Group Practice and Virtual Organizations] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Accountable Care Solutions market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Accountable Care Solutions industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are AppleCare Medical Group ACO (United States), Physician Organization of Michigan (United States) and Healthcare Provider ACO Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Accountable Care Solutions market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.