Increase In Bundle Payments In The Global Healthcare Services Market

Healthcare services deal with medical and remedial care service. Healthcare services also include furnishing medicine, medical or surgical treatment, nursing, hospital service, dental service, optometrical service and other complementary health services.

 

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THE GLOBAL HEALTHCARE SERVICES MARKET SIZE HAS BEEN GROWING IN THE PAST YEARS WITH A CAGR OF ALMOST 6%

 

Healthcare Services Market Segmentation– The healthcare services market in this report is segmented into Hospitals And Outpatient Care Centers, Physicians And Other Healthcare Practitioners, Home Healthcare And Residential Nursing Care Services, Medical And Diagnostic Laboratories, Dental Services, Residential Substance Abuse And Mental Health Facilities, and Veterinary Services.

 

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Bundle payments as the model for financial transactions relating to healthcare are seeing a rapid increase. Bundle payments group all payments a patient makes during a phase of a health condition. They include conditions that require pre- and post-hospital care under a single fee. Bundle payments can help ensure better coordination between physicians, nurses, specialists and acute care providers and will increase the service quality delivered to customers. For example, Arkansas’ Medicaid program has mandatory bundle payment programs in place for ten different conditions, with additional procedures coming into this program each year.

 

Top companies in the healthcare services industry included in the report are NHS, Davita, Mayo Clinic, Laboratory Corporation of America, and Cleveland Clinic. The UK’s National Health Service was the largest company in the healthcare services market in 2017.

 

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