The market for technology aimed at closing gaps in patient care is set for big growth in the next five years, as vendors aim to “smooth the pain points associated with transitioning from fee-for-service”.
As the shift to value-based care necessitates the ability to manage patients across acute, ambulatory and home care settings, electronic health records are not enough, according to the report. They’re great at data capture but don’t usually enable smooth coordination between care teams.
That means the market for technology that helps with proactive patient management should grow significantly in the coming years.
Frost & Sullivan defines care coordination software as IT applications specifically designed to enable team-based care – especially for patients with chronic conditions and those transitioning between care settings.
