The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s value based care payment market report forecasts the value based care payment market size to grow to $3.73 Billion by 2027, with a CAGR (compound annual growth rate) of almost 11%.

Learn More On The Value Based Care Payment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/value-based-care-payment-global-market-report

Value Based Care Payment Market Size Forecast

The global value based care payment market is expected to grow from $2.2 billion in 2022 to $2.47 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global value based care payment market size is expected to grow from $3.73 billion in 2027 at a CAGR of 10.9%.

North America held the largest value-based care payment market share.

Key Value Based Care Payment Market Driver ­– Rapid Development In Value-Based Health Care Services

For example, according to the analysis in the Journal of Health Affairs, there were more than 1,000 ACOs spread across the USA, which represented more than 1,400 contracts with commercial and government insurers covering more than 32 million Americans. Therefore, rapid expansion in value-based health care services is driving the market by increasing the effective usage of services provided to customers focusing on value-based care model rather than the fee-for-service model.

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Key Value Based Care Payment Market Trend – Strategic collaboration

Partnerships in value based care are gaining popularity among the providers as these partnerships allow partners such as manufacturers, payers, and provider organizations to co-develop programs, solutions, and initiatives collaboratively for the benefit of patients and healthcare systems. Value-based partnerships assist with conveying the highest value incentive to the healthcare system and society by concentrating on improving patient results with regard to the system and societal total costs. For instance, in June 2021, Humana, a US-based health insurance company acquired value-based home healthcare partner One Homecare Solutions (onehome) from WayPoint Capital Partners to enhance value-based care in home healthcare services.

Value Based Care Payment Market Segment

1)By Models: Accountable Care Organization (ACO), Bundled payments, Patient-Centered Medical Home (PCMH), Pay for Performance (P4P)

2)By Deployment: Cloud Based, On-Premise

3)By End User: Providers, Payer

Value Based Care Payment Market Major Players and Strategies

Major players in the value based care payment market are Siemens Healthcare GmbH, Nextstep Solutions, Athena Health, NXGN Management LLC. and McKesson Corporation.

In March 2022, Signify Health, Inc., a Texas-based value-based healthcare platform, acquired Caravan Health for an undisclosed amount. Through this acquisition, a wider variety of value-based and shared savings models, including advanced primary care, speciality care bundles, and total cost of care programs, will now be accomplished by Signify Health. Caravan Health is a US-based company specialising in value-based payment health care.

The Value Based Care Payment Global Market Report 2023 covers regional data on value based care payment market size, value based care payment market trends and drivers, opportunities, strategies, and value based care payment market competitor analysis. The countries covered in the value based care payment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A value-based care payment is a type of payment that compensates providers for both efficiency and effectiveness by linking payments for care delivery to the level of care they deliver. Value-based care payment is a system in which healthcare providers such as hospitals are paid based on patient’s health outcome, quality, efficiency, cost, and patient experience.

View More Reports Related To The Value Based Care Payment Market –

Payments Global Market Report 2023

Payment Security Global Market Report 2023

Payer Services Global Market Report 2023

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