The North America Patient Access Solutions Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The patient access department oversees enrollment, insurance verification, invoicing, admissions, etc. in many healthcare facilities, including hospitals. Patient access specialists handle registration and support for "patients, providers, and payors into, though, and out of their health care experience," according to the National Association of Healthcare Access Management (NAHAM). Patient portals, secure websites that provide round-the-clock access to private health information, are a common feature of healthcare institutions.
By creating an account, patients may access health information, including lab results, medication information, discharge summaries, billing details, and scheduling details. Despite being closely related to the larger idea of access to treatment, the availability of doctors is a distinct and extremely significant problem. Only if qualified doctors and healthcare facilities are readily accessible to patients who acquire insurance and become qualified to receive care. According to a new benchmarking analysis from Merritt Hawkins, state-by-state variations in physician access are significant.
The Biden-Harris Administration is addressing social determinants of health and advancing health equity as part of an ongoing effort. About 1,400 community health centers across the nation are supported by HRSA's Health Center Program to offer high-quality, comprehensive primary and preventative healthcare to the nation's underserved people and families, including those who are homeless, agricultural workers, and occupants of public housing. Minorities make up around 62% of the patients in health centers. One in eleven Americans and residents of its territories, one in three poor individuals, one in six people who lack insurance, and one in five people who live in rural regions received care from HRSA-funded health facilities in 2020.
The US market dominated the North America Patient Access Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $847.1 million by 2028. The Canada market is poised to grow at a CAGR of 11% during (2022 - 2028). Additionally, The Mexico market would generate a CAGR of 10% during (2022 - 2028).
Based on Offering, the market is segmented into Services and Software. Based on Software Type, the market is segmented into Eligibility Verification Software, Medical Necessity Management Software, Precertification & Authorization Software, Claims Denial & Appeal Management, Payment Estimation Software and Claims Payment Assessment, Processing Software & Others. Based on Deployment Mode, the market is segmented into Web & Cloud-based Solutions and On-premises. Based on End User, the market is segmented into Healthcare Providers, HCIT Outsourcing Companies and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Patient Access Solutions Market is Estimated to reach $3.3 Billion by 2028, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include UnitedHealth Group, Inc. (Optum, Inc.), Cognizant Technology Solutions Corporation, McKesson Corporation, Oracle Corporation (Cerner Corporation), Experian PLC, 3M Company, Epic Systems Corporation, AllScripts Healthcare Solutions, Inc., F. Hoffmann-La Roche Ltd. (Genentech, Inc.), and Tenet Healthcare Corporation (Conifer Health Solutions, LLC).
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By Deployment Mode
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