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Know about the future of Global Value-Based Reimbursement Software Market and what makes it a Booming industry according to following research report: 2021-2027.

07-21-2021 10:46 AM CET | IT, New Media & Software

Press release from: Absolute Markets Insights

Know about the future of Global Value-Based Reimbursement

The global research report titled Value-Based Reimbursement Software Market was published by Absolute Markets Insights. The study elucidates current market statistics, in addition to underlying future predictions of the Value-Based Reimbursement Software Market. The base year considered for the study is 2015-2030 and forecast period is2021-2030. The research report has been compiled by means of effective techniques such as primary and secondary research methodologies. Top level industries are enlisted in order to obtain penetrative business insights. The companies profiled in this research report include erudite information on types, features, capacity, and productivity.

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Value-based healthcare model has transformed much of the health sector. Such a trend is expected to continue to change operations, payment structures and the way health organizations approach in delivering and evaluating services. At present, many healthcare providers are addressing the need for payment analytics to help payers operationalize contracts. For instance, few have created automated technology that enables collaborative risk sharing between healthcare suppliers and providers while there are also companies who have partnered with providers to help them understand patients in a better manner and collect payments more efficiently by using root cause analysis of denials payer contract variances. In the market, one could different models for implementing value-based care (VBC), however, the broad goal behind VBC programs is to shift the focus from quantity of procedures to a stronger emphasis on positive patient outcomes. For example, in few pay-for-performance VBC models, payers may incentivize providers to offer more preventative care services by adjusting the amount paid on traditional fee-for-service pricing if the provider reaches specific performance thresholds. A healthcare company adopting value-based model software’s can create efficiencies when implemented and executed well. For example, an organization could help better coordinate services by reducing the chances of unnecessary procedures that may be performed through such solutions. And since there is a greater focus on communication between different services offered, this model can also ensure that diagnoses and effective treatments are offered more quickly. Such factors are driving the adoption of value-based reimbursement software market.

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With the current COVID-19 pandemic and economic recession, there is an accelerated transition for value-based care as employers and consumers look for ways to manage spending, driving the demand for value-based reimbursement. During the first COVID-19 surge, many providers who transitioned to value-based fared better than those who leaned entirely on fee-for-service models. The transition to value-based reimbursement from fee-for-service models is anticipated to create a demand for value-based reimbursement software market in the near future.

The study also elaborates on growing futuristic opportunities in order to get a clear idea about global opportunities for the Technology sector. The report focuses on some significant questions faced by different stakeholders in the businesses. The study also address various risks and challenges faced by businesses during the forecast period.

Key Findings of the Report:

• The value-based reimbursement software market was valued at US$ 1,516.79 Mn in 2020 and is anticipated to reach US$ 2,973.66 Mn by 2025 growing at a CAGR of 20.22% over the forecast period (2021 – 2029).

• By offerings, services accounted for the major market share in 2020 and is expected to maintain its dominance over the forecast period.

• In organization size, large enterprises accounted for the highest share in value-based reimbursement software market in 2020.

• By end-users, healthcare payers accounted the highest market share in 2020.

• By model type, Accountable Care Organizations (ACOs) accounted for the highest market share in 2020.

• By region, North America accounted for the highest share in the value-based reimbursement software market.

• Some of the players operating in the value-based reimbursement software market are 3M, Aver Inc., Change Healthcare, Cognizant, Darena Solutions LLC. (My MIPS Score), Edifecs, ForeSee Medical Inc., HealthEdge Software, Inc., LexisNexis Risk Solutions Group, naviHealth, Inc., NEXTSTEP SOLUTIONS, INC., nThrive, Inc., Quadax, Inc., RevenueXL Inc., Signify Health, VIGILANCE HEALTH, INC., Lyfegen HealthTech AG., other market participants.

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Value-Based Reimbursement Software Market

By Offering
• Solutions
o Cloud
o On Premise
• Services

By Organization Size
• Small and Medium Enterprises
• Large Enterprises

By End-Users
• Healthcare Payers
• Healthcare Providers
• Government Agencies
• Others

By Model Type
• Pay-for-Performance
• Shared Savings
• Shared Risk
• Bundled Payment/Episode of Care
• Accountable Care Organizations (ACOs)

By Region:
• North America
o U.S.
o Canada
o Mexico
o Rest of North America
• Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
 Denmark
 Finland
 Iceland
 Sweden
 Norway
o Benelux Union
 Belgium
 The Netherlands
 Luxembourg
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o New Zealand
o Australia
o South Korea
o Southeast Asia
 Indonesia
 Thailand
 Malaysia
 Singapore
 Rest of Southeast Asia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa
• Latin America
o Brazil
o Argentina
o Rest of Latin America

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Email id: sales@absolutemarketsinsights.com
Contact Name: Shreyas Tanna
Phone: +91-740-024-2424

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