openPR Logo
Press release

Long Term Care Software Market to Observe Strong Development By 2021

01-05-2018 01:53 PM CET | Health & Medicine

Press release from: Persistence Market Research

Long Term Care Software Market to Observe Strong Development

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. Long-term care is provided in different places by different caregivers, depending on a person's needs. Home care, day program, senior housing, nursing home, continuing care retirement community, and assisted living are various levels of long-term care. People often need long-term care when they have a serious, ongoing health condition such as after a heart attack, stroke, or disability.

Most often, these health conditions develop gradually, as people get older or an illness or disability gets worse. Long-term care software is a fully-integrated electronic health record and billing solution to improve resident care, maintain compliance, reduce labor cost, and increase reimbursement. In the software data is entered by user once and it flows through the system for various facilities. It also streamlines the specialized elements of financial management, reporting and analysis, and revenue cycle management.

Request Report for TOC @ https://www.persistencemarketresearch.com/toc/4195

The software helps provide good quality care with accurate information, saves time, boosts efficiency and productivity, and reduce risk of redundancy by eliminating inconsistencies in documentation. It also provides consolidated reports for multiple facilities, automatic inter-facility accounting, and maintains records over long periods of time. Long-term care software is mainly comprises of clinical and non-clinical software and used in home health agencies, nursing homes, and assisted living facilities and hospice facilities.

North America dominates the global market for long-term care software due to rise in geriatric population and rising need to lower healthcare costs in the region. The market in Asia is expected to show high growth rates in the next five years, with China and India being the fastest growing markets in the region. The key driving forces for the long term care software market in developing countries are the large pool of patients, increasing awareness about diseases, improving healthcare infrastructure, changing demographic trends, and rising government funding in the region.

Request To Sample of Report @ https://www.persistencemarketresearch.com/samples/4195

Rise in aging population, shortage of nursing staff and doctors, increase in healthcare expenditure, rising prevalence of chronic diseases, increasing healthcare developments, and rising number of initiatives by various governments and government associations are some of the key factors driving the growth of the global long-term care software market. However, high software maintenance cost, low adoption of software in developing countries, and reluctance of traditional long-term care providers to adopt software are major restraints for the growth of the global long term care software market.

Remote patient monitoring and cloud-based software can help create opportunities for the global long-term care software market. Growing demand for cloud-based solutions, partnerships and collaborations, and new product launches are some of the trends in the global long-term care software market. The major companies operating in the global long term care software market are Allscripts Healthcare Solutions, Inc., Cerner Corporation, McKesson Corporation, Omnicare, Inc., Omnicell, Inc., Advanced Answers On Demand, Inc., HealthMEDX, Kronos Incorporated, Matrix Care, and Optimus EMR.

Pre Book Full Report @ https://www.persistencemarketresearch.com/checkout/4195

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Long Term Care Software Market to Observe Strong Development By 2021 here

News-ID: 887355 • Views:

More Releases from Persistence Market Research

Global Laser Processor Market Forecast to Expand at 8.1% CAGR, Surpassing USD 41 Billion by 2032
Global Laser Processor Market Forecast to Expand at 8.1% CAGR, Surpassing USD 41 …
The global laser processing market has experienced remarkable growth in recent years, driven by advancements in manufacturing technologies and increased automation across industries. Recent market analysis indicates that the global sales in the laser processor market reached US$ 17.5 billion in 2021. Forecasts predict that the market will expand at a robust CAGR of 8.1% from 2022 to 2032, reaching a valuation of US$ 41.5 billion by the end of
Boat Control Lever Market to Reach US$17.03 Bn by 2031, Expanding at 3.8% CAGR | Persistence Market Research
Boat Control Lever Market to Reach US$17.03 Bn by 2031, Expanding at 3.8% CAGR | …
The global boat control lever market is witnessing steady growth, driven by advancements in marine technology, increasing recreational boating activities, and rising demand for enhanced safety and operational efficiency in watercraft. According to Persistence Market Research, the market is valued at US$13.12 Bn in 2024 and is projected to expand at a CAGR of 3.8%, reaching US$17.03 Bn by 2031. This expansion reflects both rising consumer interest in marine leisure
Hydrogen Truck Market to Reach US$ 25.8 Bn by 2032, Growing at 29.5% CAGR | Persistence Market Research
Hydrogen Truck Market to Reach US$ 25.8 Bn by 2032, Growing at 29.5% CAGR | Pers …
The global hydrogen truck market is witnessing a significant shift as governments and industries focus on decarbonizing heavy transport. According to Persistence Market Research, the market is projected to grow from US$ 4.2 Bn in 2025 to US$ 25.8 Bn by 2032, reflecting a robust CAGR of 29.5% during the forecast period. This growth is driven by advancements in hydrogen fuel cell technology, rising adoption of zero-emission transport, and increasing
Automotive HMI Market Forecast to Double by 2032, Hitting USD 56.1 Billion with a Strong 10.3% CAGR | Persistence Market Research
Automotive HMI Market Forecast to Double by 2032, Hitting USD 56.1 Billion with …
The global automotive human machine interface (HMI) market is experiencing rapid transformation, shaped by rising digitalization and connected mobility. According to Persistence Market Research, the industry is projected to expand significantly from US$ 28.20 Bn in 2025 to US$ 56.10 Bn by 2032, registering a robust CAGR of 10.3% during the forecast period. HMIs are increasingly becoming the centerpiece of modern vehicles, providing intuitive control panels, voice recognition, and touchscreens

All 5 Releases


More Releases for Care

Scalable Care Senior Care Marketing Experts
Quality marketing is crucial in the world of senior care, and that's where Scalable Care comes in. As an agency who have team members from within longterm care and assisted living marketing departments, they've been able to standout as an agency with experience and credible backgrounds. How? Using data-led tactics, they have boosted their clients' online visibility and grown engagement with their target audience. They proudly say their style of marketing
04-03-2024 | Health & Medicine
Getnews
Care Right There Home Care Continues Prioritizing New Jersey Elderly Care
Care Right There Home Care, a top NJ senior care provider, offers personalized, compassionate care to enrich the lives of the elderly. With a focus on individual needs and meaningful relationships, they provide daily assistance and complex healthcare services to improve seniors' quality of life across New Jersey. Google it at https://carerightthere.com for more information. New Jersey - Care Right There Home Care, a distinguished provider of senior care services, is
Transforming Home Care with Care and Beyond Home Care
Montgomery Village, MD - Care and Beyond Home Care is revolutionizing the landscape of home healthcare services, setting a new standard of excellence that goes above and beyond the ordinary. With a steadfast commitment to providing professional and compassionate care, Care and Beyond Home Care has emerged as a beacon of support for families across Montgomery County, Prince Georges County, Howard County, and Frederick County. In an era where personalized attention
Ayurvedic Market by Product (Healthcare, Personal Care, Skin Care, Hair Care, Or …
According to a new report published by Allied Market Research, titled, "Ayurvedic Market: Global Opportunity Analysis and Industry Forecast, 2022-2029" Ayurveda is a system of medicine that has its origination roots in the Indian subcontinent. It uses natural healing practices to cure clinical conditions such as sinusitis, cough, depression, and insomnia. Ayurveda therapies have been integrated in general wellness and in some cases in medical use worldwide. In addition, ayurvedic
Home Care Market Exceptional Business Performance | Polishes, Surface Care, Toil …
Report Ocean released a report that presents a detailed analysis of the Global Home Care Market, along with insights into key factors which drive the market. The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global Home
Baby Care and Mother Care Market - Taking Care of a Newborn
Baby care and mother care products are meant for infants and mostly children under the age of four. These products are specifically formulated to be non-irritating and have mild use ingredients which are selected to make the products organic and natural. A number of key players now manufacture personal care products for mother and child that are designed specifically for use during pregnancy. Obtain Report Details @ https://www.transparencymarketresearch.com/baby-care-and-mother-care-market.html The global baby care