Patient Intake Software Market

Patient intake describes the process of collecting social, demographic, and clinical data all along with payments, insurance, consent forms, and any vital information from new as well as revisiting patients by healthcare groups. To implement this process in a more efficient way, various software have been launched. This software helps in recording patient data such as their name, age, address, contact details, email IDs, medical, and social history before their medical appointments. It plays a crucial role in the triumph of medical practices and healthcare systems.

Front Desk Dashboard—with the help of this software—healthcare person can monitor check-in status, insurance information, access patient demographics, and determine accurate co-pay amounts. Automatic Data Capture and Indexing-This patient check-in software digitally captures patient data so that healthcare person does not have to scan, print, update, or shred volumes of paper. In the meantime, intelligent data indexing reduces the requirement for manual data entry and ensures the right patient data in the right patient file.

COVID-19 Impact analysis

The COVID-19 pandemic has altered the physical hospital visits of patients. A remarkable surge has been noticed in the healthcare IT application. An audio–visual method of monitoring the patients by using telehealth services and EHRs have facilitated the complete care of the patients by sticking to the government rules such as lockdown and social distancing. Thus, shifting preferences from physical to online services has pushed the patient intake market. Phreesia—one of the key players in the market—has created software that would aid patients to get necessary treatment according to need and identify the risk factors as well.

Top Impacting Factors

• Increase in the number of healthcare professionals and rise in awareness in the digital healthcare system is the major driver for global patient intake software market expansion.
• Surge in the generation of data that is required for big data analytics is expected to augment the growth of this market.
• In addition to this, increase in the number of patients due to numerous health concerns, or accidents has enhanced the growth of this market.
• Furthermore, technological advancement is  likely to contribute to the growth of this market.
• However, the factors which may restrain the growth of this market are high price, maintenance cost, and risks associated with data privacy and security.
• Increase in the adoption of AI and analytics in healthcare as well as the growth in demand and adoption of telehealth services are some of the opportunities for this market.

Market Trends

New Product Launches to Flourish the Market

• In August 2018, Phreesia joined with BayCare Health System to make a unified patient registration platform. The partnership has profited Phreesia to grow its business via the 175 BayCare Medical Group sites and 13 BayCare Urgent Care sites.
• In March 2020, NextGen Healthcare introduced a patient experience platform integrated with patient visits. This feature has boosted the products launched by the company. The platform was deliberately launched owing to the quarantine and social distancing guidelines followed by most of the nations.
• In August 2019, Apollo Hospitals Group joined Microsoft India to set up a National Clinical Coordination Committee for AI-powered to score API of cardiovascular disease risk. This agreement flourished the healthcare IT market and smoothened the way for software applications to be used in the hospitals to keep up with the technology, thus hastening the market growth.

Surge in Usage of Patient Intake Software

Technological advancements in the healthcare sector have led to the rapid adoption of diversified software that has eased the administrative work and increased the efficiency of the hospitals.

Many hospitals in the U.S. use the electronic health record (EHR) data for the regular hospital administrative and clinical processes, thus improving the diagnostics due to easy access of the patient's data.

Key Benefits of the Report

• This study presents the analytical depiction of the patient intake software along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the patient intake software market share.
• The current market is quantitatively analyzed to highlight the growth scenario of the patient intake software market.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
• The report provides a detailed patient intake software market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Patient Intake Software Report

• Which are the leading players active in the patient intake software market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What future projections would help in taking further strategic steps?
• What is "patient intake software“?
• What is "patient intake software “market prediction in the future?
• Who are the leading global players in the "patient intake software “market?
• What are the current trends and predicted trends?
• What are the key benefits of the "patient intake software “market report?

 Patient Intake Software Market Report Highlights