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Long Term Care Software Market Is Growing at a CAGR of 12.5% by 2027, Due to the Shift in Business Models of Hospitals and Other Managed Care Providers

Long term care software market is thriving in industry at a CAGR of 12.5% in forecast 2019-2027

Posted: Saturday, March 09, 2019 at 12:50 AM CST

Pune, India -- (SBWire) -- 03/09/2019 --Development in technologies and growing demand for efficient care services is shaping the healthcare industry towards a value-based care business model. The shift in business model has led to more number of partnerships between long term care facilities and technology providers. The strategic partnerships are primarily to incorporate unified solution to offer improved patient care and higher level of customer satisfaction. The unified solution not only streamlines and automate all their processes but also improves the staff efficiency and productivity. Thereby, leading to the growth of long term care software market. For instance, Bethesda Health Group in the year 2017, implemented Powerchart LTC to measure and analyze the falls among long term care patients. The solution benefited nursing staffs towards identifying potential interventions of falls and thus, leading to improvement factor of 58.8% in assisting services for falls and associated injury.

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"Rise in partnerships and collaboration amongst care service and technology providers is helping in the improvement of patient satisfaction rate and reduction in costly errors. Adopting such solutions is helping healthcare service providers to manage their operations efficiently and gain competitive advantage. Thus, contributing to the growth of long term care software market."

The detailed research study provides qualitative and quantitative analysis of the long term care software market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa and Latin America.

Some of the players operating in the long term care software market are Allscripts Healthcare Solutions, Inc, BlueStrata EHR, Cerner Corporation, MatrixCare, McKesson Corporation, Omnicell, Inc., Optimus EMR and PointClickCare.

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By Mode of Delivery
o Web-Based
o On Premises
o Cloud-Based

By Application
o Hospital
o CCRCs
o Nursing Home

By Region
o North America
o U.S.
o Canada
o Mexico
o Rest of North America
o Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
? Denmark
? Finland
? Iceland
? Norway
? Sweden
o The Benelux Union
? Belgium
? The Netherlands
? Luxemburg
o Rest of Europe
o Asia Pacific
o China
o Japan
o India
o Australia
o New Zealand
o South Korea
o Southeast Asia
? Indonesia
? Thailand
? Malaysia
? Singapore
? Rest of Southeast Asia
o Rest of Asia Pacific
o Middle East and Africa
o Saudi Arabia
o Egypt
o Kuwait
o South Africa
o Rest of Middle East and Africa
o Latin America
o Brazil
o Argentina
o Rest of Latin America

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