Value-Based Healthcare Services Market Top Players - 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 wherein healthcare providers, including hospitals, receive compensation based on patient health outcomes, quality of care, operational efficiency, cost-effectiveness, and clinical expertise. This paradigm shift from volume-driven to value-driven care has been propelled by heightened competition among providers alongside growing demands for cost containment and enhanced care quality. The value-based healthcare model offers advantages to patients, providers, payers, suppliers, and society at large by focusing on accelerating patient recovery and preventing chronic conditions, thereby improving health outcomes while reducing overall costs. For healthcare providers, increased efficiency in service delivery leads to elevated patient satisfaction.

The advancement of digital technologies has played a crucial role in transforming the healthcare sector, driving the expansion of the value-based healthcare services market. Moreover, substantial investments from both public and private sectors have further stimulated this growth. Additionally, the rising incidence of chronic diseases, such as diabetes and cancer, in emerging markets presents significant opportunities for market stakeholders, enhancing the profitability potential within 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 primary catalyst for the expansion of the global value-based healthcare services market is the transfer of healthcare-related risks from patients to providers. Additionally, rapid technological advancements within the healthcare sector, particularly the integration of digital technologies, have significantly contributed to market growth. The ongoing transition toward patient-centric care, influenced by evolving healthcare policies, has further reshaped service delivery models. Moreover, increased healthcare expenditure, ongoing infrastructure development, and the broad adoption of value-based healthcare frameworks are accelerating market advancement.

Challenges:
The market faces several challenges, including the complexities involved in managing diverse reimbursement models and payment systems. Limited healthcare infrastructure and inconsistent internet connectivity in certain emerging economies are expected to constrain market growth. Furthermore, ensuring that clinicians can maintain service levels and patient volumes under a value-based care model presents an additional hurdle.

Regional Trends:
The North American value-based healthcare services market is projected to secure a substantial revenue share and achieve robust compound annual growth rates in the foreseeable future. This growth is driven by escalating patient demand for more accessible, convenient, and cost-effective healthcare services. The region's advanced healthcare infrastructure and the presence of prominent industry stakeholders also significantly influence market dynamics. In the United States, value-based healthcare adoption is widespread, as healthcare professionals recognize that early diagnosis improves patient satisfaction and optimizes treatment outcomes. Although rising healthcare costs continue to outpace economic growth, value-based care models provide a viable strategy for cost containment.

In the Asia-Pacific region, the market holds a significant share, propelled by enhancements in healthcare systems, increased public awareness, and favorable demographic trends. Growing pressure on providers to address diverse patient needs is further stimulating market expansion. Additionally, the adoption of artificial intelligence and machine learning technologies, which augment telemedicine capabilities, is expected to drive continued growth in this 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

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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.