Clinical Intelligence Market Industry Analysis, Report, Growth 2027

16 day(s) ago
URL: https://www.marketresearchfuture.com/reports/clinical-intelligence-market-4478\
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Clinical Intelligence Market Information: By Type (CDSS, Quality Improvement), Component (Service, Software), Application (Clinical, RCM), End User (Hospitals, Clinics, Tpas) - Forecast Till 2027

Some of the key players in Clinical Intelligence market are IBM (U.S.), Cerner Corporation (U.S.), Epic Systems Corporation (U.S.), Allscripts (U.S.), QSI Management, LLC (U.S.), General Electric Company (U.S.), eClinicalWorks (U.S.), McKesson Corporation (U.S.), and Greenway Health, LLC (U.S.).

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Clinical Intelligence includes number of software solutions for clinical data management. It involves software for Revenue Cycle Management (RCM), clinical decision support, financial management and medical records management. It is used to improve organization’s productivity, reduce cost, improves patient engagement and safe financial resources and time.

Rising demand for healthcare software solutions, growing emphasis on electronic health records and adoption of information technology for delivery of care propel the market growth. Also, presence of large number of market players providing healthcare software solutions further boost the market growth. Furthermore, evolution in healthcare IT and continuous technology up gradation will drive the market.

According to National Coordinator of Health Information Technology, patient engagement EHR functionalities became more prevalent in U.S. hospitals from 2013 to 2015. In 2015, 78% of all office-based physicians reported the use of a certified EHR and 46% of all physicians participated in a delivery system reform program. It also stated that, in September, 2013, the Health IT Policy Committee (HITPC) accepted and approved recommendations from the Food and Drug Administration Safety (FDA) and Innovation Act (FDASIA) working group for a risk-based regulatory framework for healthcare IT. These statistics determine the use of healthcare IT in the U.S. Patient engagement platform and clinical decision support systems are receiving attention from large number of healthcare providers as it is important to maintain the track of patient visits & medical reports. High cost of clinical intelligence software solutions may restrain the market growth in developing countries.

Intended Audience

Healthcare Software Companies
Clinical Software Vendors
Market Research and Consulting Service Providers
Potential Investors
Global Clinical intelligence Market – Company Analysis

The Global Clinical Intelligence Market is observed to be highly competitive and fragmented. For instance, Epic Systems Corporation is a healthcare software company providing healthcare solutions which includes major domains namely patient engagement, managed care, clinicians, care at distance, revenue cycle, population health and many more. In January 2016, this company purchased Mayo Clinic data centre for USD 46 million.

Segments

The global clinical intelligence market is segmented on the basis of type, components, application, and end user.

On the basis of type, market is segmented into retrospective performance measures & predictive analytics, performance measurement systems, Clinical decision support (CDSS) System, quality improvement, clinical benchmarking, population health management and others. Quality improvement is further segmented into six sigma. Population health management is further segmented into over-utilization of health services and under-utilization of health services.

On the basis of component, the market is segmented into software, hardware, and services.

On the basis of application, the market is segmented into Clinical, Revenue Cycle Management (RCM) claim, fraud, supply chain, financial management and others.

On the basis of end user, the market is segmented into hospital, clinics, TPAs, and others.


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