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Accountable care solutions are mainly responsible for maintaining health care quality and cost. The accountable care solution seeks to coordinate and deliver advanced quality health care from doctors to hospitals to other medical professionals. To be operational, an accountable care organization must ensure that high quality health care and advanced proficiency are delivered or not delivered. Components such as imaging, specialty care, clinical & hospital care, laboratory service, and information technology are considered in accountable care solutions. Various aspects such as cost efficiency, quality, and health care are balanced by the accountable care solutions.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that first emerged in late December in Hubei province of the Wuhan city in China. The virus that causes severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is highly infectious and is transmitted from person to person. Since the outbreak in December 2019, the disease has spread to almost 213 countries across the globe with the World Health Organization declaring it a pandemic on March 11, 2020.
There is an increase in the demand for medical supplies needed for the infected population. Respiratory support devices such as atomizers, life support machines, oxygen generators, and monitors are among the primarily used medical devices in clinical treatment., COVID-19 has also resulted in significant increase in the demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. The need for medical supplies has increased among both from the healthcare professionals and the civil population for precautionary measures, owing to rise in number of COVID-19 cases worldwide. Manufacturers of these products have an opportunity to profit from this increased demand for medical supplies to ensure appropriate and consistent supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the accountable care solution market.
Top Impacting Factors
Market Trend
New Key Strategies to Flourish the Market
Optum Inc., a health services innovation company acquired Davita Medical Group, a provider of medical services and an affiliated physician network, in 2019.
NextGen Healthcare an ambulatory care provider acquired OTTO health a virtual visit provider, in 2019.
Key Benefits of the Report
Questions Answered in the Accountable Care Solution Market Report
Accountable Care Solutions Market Report Highlights
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Key Market Players | Mckesson Corporation, NextGen Healthcare, Verisk Health, Cerner Corporation, Optum, Inc, UnitedHealth Group, Inc., IBM Corporation, Zeomega, Inc., eClinicalWorks, Inc, Allscripts Healthcare Solutions, Aetna, Inc, Epic Systems Corporation |
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