Long-term Care Software Market 2020 Precise Outlook - SigmaCare, MatrixCare, Allscripts, Optimus EMR

The Long-term Care Software Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

In 2018, the global Long-term Care Software market size was 1070 million US$ and it is expected to reach 3050 million US$ by the end of 2025, with a CAGR of 14.0% during 2019-2025.

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Long-term care is a service which helps meet medical and non medical needs of people with chronic illnesses or disabilities. It involves a variety of services designed to meet a person's health or personal care needs during a short or long period of time. These services assist people to live independently and safely when they can no longer perform everyday activities on their own.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Long-term Care Software Market: SigmaCare, MatrixCare, Allscripts, Optimus EMR, SoftWriters, PointClickCare, Cerner, VersaSuite, Epic Systems, Napier and others.

Latest news and developments:

March 30, 2020: Allscripts (NASDAQ: MDRX) clients across the nation have signed up to deliver telehealth visit capabilities in a quick timeframe to their patients. The company has created a specialized plan for clients to swiftly implement telehealth at their organizations through its EHR-agnostic patient engagement platform, FollowMyHealth. In the last month, more than 100 clients have selected, and more than 50 clients have already implemented, FollowMyHealth Telehealth. The solution allows for the engagement of patients in their homes and enables communication between quarantined people and sponsoring healthcare organizations.

By converting appointments to telehealth, the solution limits interactions that could further spread the COVID-19 virus to patients and healthcare workers, as well as provides peace of mind to patients who are able to use telehealth visits and limit their exposure in times of this outbreak. In addition, the solution can help limit no-shows and cancellations while delivering care to those in need. During the COVID-19 crisis, Allscripts clients have increased the number of video visits by 9,000%.

November 2019: ResMed (NYSE: RMD, ASX: RMD) announced it has signed a definitive agreement to acquire privately held MatrixCare, a leader in U.S. long-term post-acute care software, serving more than 15,000 providers across skilled nursing, life plan communities, senior living and private duty. These care settings are complementary to ResMed's current software-as-a-service (SaaS) offerings in home medical equipment, home health and hospice, delivered through Brightree and HEALTHCAREfirst. Named "Best in KLAS" for long-term post-acute care software in 2017 and 2018, Minnesota-based MatrixCare's electronic health record (EHR) solution supports a wide range of long-term care settings, enabling providers to increase patient management efficiencies and deliver superior clinical care. Its wide range of offerings includes point of care, lead and referral management, claims processing, payroll and nutrition management, among others.

Global Long-term Care Software Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Clinical Software
Non-Clinical Solutions

On the basis of Application, the market is segmented into:

Nursing Homes
ALFs and ILFs
Home Healthcare

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Regional Analysis For Long-term Care Software Market:

For comprehensive understanding of market dynamics, the global Long-term Care Software market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

North America holds the largest share of the global long-term care software market. However, in forthcoming years, developing regions such as Asia-Pacific (Japan, China, and India) and Latin America are expected to emerge as new revenue-generating pockets for the market players. Economic developments and changing demographic trends in these regions are key factors driving the growth of the long-term care software market in developing regions.

Long-term Care Software Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2026.

Following are major Table of Content of Long-term Care Software Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

- Global Market competition by top Players

- Analysis by Regions

- Consumption by Regions

- Consumption, By Types, Revenue and Market share by Types

- Consumption, By Applications, Market share (%) and Growth Rate by Applications

- Complete profiling and analysis of Players

- Industrial Chain, Sourcing Strategy and Downstream Buyers

- Marketing Strategy Analysis, Distributors/Traders

- Global Market Effect Factors Analysis

- Global Market Forecast

- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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