Value-Based Healthcare Services Market Top Companies Study - Athena Healthcare, Baker Tilly US, LLP, Boston Consulting Group, Change Healthcare.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Value-Based Healthcare Services Market By model (accountable care organizations, patient-centred medical homes, pay for performance and bundled payments), Deployment type (cloud and on-premises), Platform (standalone and integrated), Industry vertical (providers (hospitals, clinics, others) and payers (insurance companies, government, others))- Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

The global value-based healthcare services market is estimated to reach over USD 8.1 Billion by the year 2034 , exhibiting a CAGR of 8.6% during the forecast period.

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Value-based healthcare is a business model in which healthcare providers, such as hospitals, are compensated based on patient health outcomes, quality of care, efficiency, cost-effectiveness, and knowledge. This shift from volume-based to value-based healthcare has been driven by intense competition among providers and the increasing demand for cost reduction and improved care. Value-based healthcare delivers benefits to patients, providers, payers, suppliers, and society as a whole. The model prioritizes accelerating patient recovery and preventing chronic diseases, leading to better health outcomes at reduced costs.

For providers, greater efficiency in care delivery results in higher patient satisfaction. The rise of digital technology has significantly advanced the healthcare industry, contributing to the growth of the value-based healthcare services market. The increasing investments by both private and public sectors have further fueled this expansion. Additionally, as the prevalence of chronic diseases, such as diabetes and cancer, rises in emerging markets, there are greater opportunities for market participants, enhancing the potential for profitability in this sector.

List of Prominent Players in the Value-Based Healthcare Services Market:
Deloitte Touche Tohmatsu Limited
Siemens Healthcare GmbH
Veritas Technologies LLC
Genpact
McKesson Corporation
NXGN Management LLC
3M
Koninklijke Philips N.V.

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Market Dynamics:
Drivers:
A key factor driving the growth of the global value-based healthcare services market is the shift of healthcare-related risks from patients to healthcare providers. The rapid advancements in the healthcare industry, spurred by the rise of digital technology, have also contributed to the market's expansion. The shift towards patient-centered care, driven by evolving healthcare policies, has further transformed service delivery. Additionally, there has been a notable increase in healthcare spending, infrastructure development, and the widespread adoption of value-based healthcare models, all of which are accelerating market growth.

Challenges:
Market expansion is expected to face challenges due to the complexity of balancing different reimbursement models and payment mechanisms. The lack of adequate healthcare infrastructure and reliable internet connectivity in some emerging economies is anticipated to limit the growth of the value-based healthcare services market. Furthermore, the challenge of ensuring clinicians can assess and provide services to the same number of patients under a value-based model may also pose future obstacles.

Regional Trends:
The North American value-based healthcare services market is expected to capture a significant revenue share and grow at a high compound annual growth rate (CAGR) in the coming years. This growth is driven by a surge in patient demand for more accessible, convenient, and affordable care. The region's well-established healthcare infrastructure and the presence of key industry players also play a significant role in shaping the market. In the United States, the adoption of value-based healthcare services is widespread, as clinicians recognize that early disease diagnosis leads to higher patient satisfaction and more efficient treatment outcomes. While rising medical expenditures are outpacing economic development, value-based healthcare models offer a potential solution by helping to control costs.

Additionally, the Asia-Pacific region holds a substantial share of the value-based healthcare services market, driven by improvements in healthcare systems, increased awareness, and a more favorable population outlook. The growing pressure on providers to meet diverse patient demands is also fueling market growth. Moreover, the rise of artificial intelligence and machine learning technologies, which enhance telemedicine capabilities, is expected to further drive market expansion in the Asia-Pacific region.

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Recent Developments:
• In March 2020, to assist healthcare organizations in maximizing their growth potential, Baker Tilly and IBM MarketScan worked together. This arrangement allows Baker Tilly to offer its customer a one-stop shop for generating practical proof.
• In August 2019, Signify Health, a US-based technology company that supports in-home care and offers care management services, announced a merger with Remedy Partners. The merger enables the two companies to combine their technology, data, and network assets, which comprise 2,000 post-acute organ transplant patients, 9,000 credentialed doctors, and a nationwide partner network of over 300 provider systems.

Segmentation of Value-Based Healthcare Services Market-
By Model-
• Accountable Care Organization
• Patient-Centered Medical Home
• Pay for Performance
• Bundled Payments
By Deployment Type-
• Cloud
• On-Premises
By Platform-
• Standalone
• Integrated
By Industry Vertical-
• Providers (Hospitals, Clinics, Others)
• Payers (Insurance Companies, Government, Others)
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.