To know the trends and opportunities in Healthcare industry, Patient Access Solutions Market research document is the best solution to go for. This industry report presents broader perspective of the market place with its comprehensive market insights and analysis. The report provides all-inclusive knowledge and information of swiftly changing market landscape, what already subsists in the market, future trends or market expectations, the competitive environment, and competitor strategies that aids in planning business strategies and outshine the competitors. The large scale Patient Access Solutions Market report gives details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology.
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The Global Patient Access Solutions Market is expected to reach USD 2.20 billion by 2025, from USD 1.23 billion in 2017, growing at a CAGR of 7.8% during the forecast period of 2018 to 2024. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2016 and the forecast period is 2017 to 2025.
Some of the major players operating in the global patient access solutions market are McKesson Corporation, Epic Systems Corporation, Cerner Coperation,., cognizant, 3M , Optum,Inc,, The Advisory Board Company, Craneware, Inc, ZirMed Inc., The SSI group, cirius group, AccuReg Software, Optum, Xerox Corporation, manta, Epic Systems Corporation, Experian Information Solutions, Inc., McKesson Corporation, Change Healthcare, Patient Access Solutions, Inc. and Conifer Health Solutions, LLC. among others.
Market Definition: Global Patient Access Solutions Market
This market report defines the market trends and forecast the upcoming opportunities and threats of global patient access solutions market in the next 8 years. Patient access solutions provides physicians and pharmacists a clearly defined pathway to access new treatment options for patients in critical need, which are not available through commercial routes or the clinical trial setting. Managed access programs (MAPs) provide healthcare professionals educational support and enable them to use the drug appropriately and bring maximum benefits to the patient and minimize the chance of any adverse events.
Patient access solutions, Inc. (PASO), a provider of healthcare/financial processing and management solutions for the healthcare, and dental industries, has signed an letter of intent with Tangent EHR LLC, this joint venture will facilitate medical care for patients with trauma and work related injuries. In 2015 subsidiary of Xerox has expanded its call-center operations to include specialty reimbursement services. XEROX Company is one of the largest providers in the US for inside-sales support to life sciences companies. In this acquisition, iPAS will become a business unit of TMS health. iPAS is primarily a call center, specialized in handling patient-access and reimbursement services for specialty pharmaceutical marketers.
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Competitive Analysis: Global Patient Access Solutions Market
The global patient access solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of patient access solutions market for global, Europe, North America, Asia Pacific and South America.
Segmentation: Global Patient Access Solutions Market
- The global patient access solutions market is segmented based on products, delivery mode, end users, applications, and geographical segments.
- Based on products, the global patient access solutions market is segmented into services and software. Services segment is further sub segmented into support & maintenance, implementation, training & education services.
- On the basis of software, the global patient access solutions market is segmented into eligibility verification software, medical necessity management software, pre-certification & authorization software, claims denial & appeal management software, payment estimation software, medical claims payment processing software and, other software.
- Based on delivery mode, the global patient access solutions market is segmented into web & cloud-based solutions, and on premise solutions.
- On the basis of end users, the global patient access solutions market is segmented into healthcare providers, HCIT outsourcing companies, and others.
- Based on geography the global patient access solutions market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Major Patient Access Solutions Market Drivers and Restraints:
- Increasing number of patients and successive growth in the demand for health insurance.
- Need to maintain regulatory compliance.
- Rising importance of denials management.
- Declining reimbursement rates in the market.
- Rising needs to reduce in extent healthcare costs.
- Data breaches and loss of confidentiality.
Analysis on the Patient Access Solutions Market gives us these points –
- To gain insights about the major regional insights in which the Patient Access Solutions market is flourishing.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Patient Access Solutions market Recent industry trends and developments
- To describe and forecast the Patient Access Solutions market, in terms of value, by process, product type, and industry.
- Potential and niche segments/regions exhibiting promising growth
- Shifting Industry dynamics
- In-depth Patient Access Solutions Market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies for key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
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