About Accountable Care Solutions
Accountable care solutions (ACS’s) are groups of healthcare providers, like hospitals, doctors, facilities who voluntarily come together to give high-quality care to their patients. They are the organizations that tie providers to quality metrics and reductions in the cost of care. The organization is accountable for the quality, appropriateness, and efficiency the patient receives. Accountable care organizations are mostly dominant in North America but are now quickly catching pace in the Asia Pacific.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
As the market size increases many new firms enter the market of accountable care who have different specialties. Competition is most fierce in North America. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Accountable Care Solutions market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AllScript Healthcare solutions (United States), Athenahealth Inc. (United States), UnitedHealth Group Incorporated (United States), IBM corporations (United States), Cerner corporations (United States), McKesson Corporation (United States), Epic Systems Corporation (United States), Verisk Health (United States), ZeOmega, Inc. (United States) and eClinicalWorks, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AppleCare Medical Group ACO (United States), Physician Organization of Michigan (United States) and Healthcare Provider ACO Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Accountable Care Solutions market by Type (Integrated Delivery Systems, Multi-Speciality Group Practice and Virtual Organizations) and Region.
On the basis of geography, the market of Accountable Care Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Accountable Care Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Health Payer will boost the Accountable Care Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Cloud-Based Solutions, Expansion to Emerging Markets like China and India and Personalized Care Solutions
Market Growth Drivers:
Advancing IT and Big Data Capabilities, Increasing Number of ACOs, The Incentive to Shift Burden of Risk from Healthcare Payers to Providers, As Healthcare Costs Rise, the Demand for Market Drivers Increases and Need of Past Data and Personalized Services by Patients
Challenges:
Lack of Awareness and Education among General Population about Accountable Care, Many Hospitals and Leading Health Care Providers Still Unsure about how the ACS Models will affect their Revenues and ACS is less than Prepared to Face Pandemics like Covid-19 Pandemic
Restraints:
Different Healthcare Laws in Different Countries and Regions make it Difficult to Deliver Same Quality across Market
Opportunities:
Can Make a Major Impact on Rural Healthcare and Emerging Markets like China and India
Market Leaders and their expansionary development strategies
In February 2024, Partnership Solutions, which supports and facilitates comprehensive health care and habilitative services for New Yorkers with intellectual and developmental disabilities (IDD), announced today that it has acquired the Alliance for Integrated Care of New York (AICNY), which works to improve health care for the same population and will continue to operate as AICNY under the Medicare Share Savings Program.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planner, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.