In the midst of the never-ending conversations on COVID-19, care management is on a growth trajectory of reinvention and innovation, shifting consumer tech adoption, and value-based healthcare economics. Market research shows that the worldwide care management solutions market is projected to grow to $16.9 billion driven by a compounded growth of 16.5 percent, and is expected to expand its size to $19.28 billion by 2023.
The primary factors compelling this growth are government programs and regulations pursuing patient-centric care and healthcare IT, the shift of risk from payers to providers, an aging population, and the need to reduce healthcare costs while providing higher-quality care. In addition, companies are increasingly adapting to digital therapeutics, and their care management solutions are being built solely on virtual business models. Rising digitization of clinical and medical information and growing adoption of care management software across the healthcare sector are expected to further drive demand for care management solutions.
On that note, this edition of Healthcare Business Review highlights the sweeping changes and advancements in the care management landscape and how companies are utilizing the latest technological innovations to provide quality care to the patients, enabling healthcare professionals to make better decisions and achieve best possible care outcomes. This edition features thought leadership articles from Biljana Simikic, Senior Medical Director at Commonwealth Care Alliance and Dr. Joseph Shega, Executive Vice President and Chief Medical Officer at VITAS Healthcare. They respectively discuss the challenges faced by the geriatric population and disabled patients reinforced by the pandemic and delivering end-of-life care management to terminally ill patients.
Along with that, the edition featuring top care management solutions and services companies brings Advanced Clinical Associates into the limelight as a home healthcare company that helps patients to recover faster from complex medical conditions.In this edition featuring, we hope you find the appropriate care management solution or services provider to accomplish your care management needs.
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