Top Companies in Care Management Solutions Market | Industry Major Players In-depth Comprehensive Research Report | Vantage Market Research
Care Management refers to a set of activities designed to improve patient care and reduce the demand for medical services by assisting patients and caregivers in managing health issues more efficiently.
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MARKET OVERVIEW
The Global Care Management Solutions Market is valued at USD 12.4 Billion in the year 2021 and is forecasted to reach a value of USD 23.3 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 11.1% over the forecast period. Care Management is the scope of activities planned to enhance patient care and decrease the need for medical services through supporting patients and caregivers more efficiently and managing health conditions. Many healthcare firms are simply entering into risk-based contracts where they will be held responsible for offering care to specific populations of patients while practicing desirable care control.
Several elements, such as the evolution of government capability supporting the acquisition of HCIT solutions and rising government healthcare expenditure, are driving the growth of the Care Management Solutions Market. Technological advancements are playing a key role as authorities are focusing on reforming the country’s healthcare management sector, which is currently facing challenges such as fulfilling rural health centers, overload city hospitals, and a nationwide shortage of doctors.
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Some of the key players operating in the Care Management Solutions Market are listed below:
|
Company Name |
Revenue in the US |
|
$1 Billion |
|
$63 Million |
|
$66 Million |
|
$105 Million |
|
$18 Billion |
|
$5 Billion |
|
$1 Billion |
|
$3 Billion |
EXL Service Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefits administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through Life PRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform. The company was founded in 1999 and is headquartered in New York, New York.
Casenet, LLC provides software products and services. The Company develops healthcare software that includes case, disease, wellness, and utilization management, as well as enterprise reporting. Casenet serves customers worldwide. It was founded in 2002 and its headquarter is in Bedford, Massachusetts, United States.
MeDecision, Inc. provides integrated medical management solutions for managed care organizations. The Organization offers software that manages clinical and financial risk. Medecision serves customers in the United States. It was founded in 1998 and its headquarter is in Great Lakes, Northeastern U.S.
ZeOmega, Inc. provides population health management software solutions. The Company offers a web-based population health management platform, commercial health, medical managed care, Medicare Advantage plans, health systems, and accountable care organizations services. ZeOmega operates in the State of Texas. It was founded in 2001 and its headquarter is in Plano, TX, Bangalore.
Cognizant Technology Solutions Corporation provides custom information technology (IT) consulting and technology services, as well as outsourcing services. The Company focuses on technology strategy consulting, complex systems development, enterprise software package implementation and maintenance, data warehousing, and business intelligence. It was founded in 1994 and its headquarter is in Teaneck, U.S
Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. It offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record (EHR) at the point of care, and organize and deliver information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. The company was founded in 1979 and is headquartered in North Kansas City, Missouri.
Allscripts Healthcare Solutions, Inc., together with its subsidiaries, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.
Epic Systems Corporation is a healthcare-focused software company that develops and offers products to improve the health of people. The company’s products are used at community hospitals, academic medical centers, children's organizations, safety net providers, retail clinics, multispecialty groups, integrated delivery networks, rehab centers, and patients’ homes as well as in many other aspects. Epic Systems Corporation was established in 1979 and is based in Verona, Wisconsin.
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