Global Value Based Care Payment Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
18 Mar, 2021
The value-based care payment market consists of sales of value based care payment services by entities (organizations, sole traders and partnerships) that provide value based care payment in which healthcare providers such as hospitals are paid based on patient`s health outcome, quality, efficiency, cost, and patient experience. Only goods and services traded between entities or sold to end consumers are included.
Global Value Based Care Payment Market Size And Drivers:
The global value based care payment market is expected to grow from $1.51 billion in 2020 to $4.02 billion in 2025 at a rate of 21.5%. The global value-based care payment market is then expected to grow at a CAGR of 10.9% from 2025 and reach $6.76 billion in 2030.
The value based care payment market is predicted to be driven by increased incidence rates of chronic diseases and physical disabilities.
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Trends In The Global Value Based Care Payment Market
Bundle payments as a model for financial transactions relating to healthcare are seeing a rapid increase. Bundle payments involve making a single payment for all the services provided to treat a patient undergoing a specific episode of medical care. Bundle payments can help ensure better coordination between physicians, nurses, specialists and acute care providers and will increase the service quality delivered to customers. For example, Arkansas’ Medicaid program has mandatory bundle payment programs in place for ten different conditions, with additional procedures coming into this program each year.
Global Value Based Care Payment Market Segments:
The global value based care payment market is further segmented based on model, deployment, and geography.
By Model: Accountable Care Organization (ACO), Bundled Payments, Patient-Centered Medical Home (PCMH), Pay for Performance (P4P).
By Deployment: Cloud Based, On Premise.
By Geography: The global value based care payment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global value based care payment market, accounting for 64.8% of the total market.
Read More On The Report For The Global Value Based Care Payment Market At:https://www.thebusinessresearchcompany.com/report/value-based-care-payment-market
Value Based Care Payment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides value based care payment market overviews, analyzes and forecasts market size and growth for the global value based care payment market, value based care payment market share, value based care payment market players, value based care payment market segments and geographies, value based care payment market’s leading competitors’ revenues, profiles and market shares. The value based care payment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.