Number of lives covered under ACOs is anticipated to grow at a CAGR of around 22% during 2014-2018, says RNCOS in its latest research report.
Noida, UP -- (SBWIRE) -- 11/21/2014 -- US ACOs are exhibiting a bright future and are anticipated to cover a huge share of population in coming years. With their growing popularity, investments for these programs are also growing tremendously in the country. Various major hospitals and health organizations are expanding their network to provide low cost and high quality care to the patients. Some of the ACOs are contributing in government's medical expenditure saving and earning profits, while the others need to focus more to achieve success.
As per our report “US ACO IT Spending Outlook 2018”, on the back of growing acceptance, rising government support and declining healthcare cost; ACO market is witnessing a double digit growth in the US. As a result, ACOs have spread to 49 states of the country and the number of lives covered under ACOs is anticipated to grow at a CAGR of around 22% during 2014-2018.
Our research depicts clear picture of country’s healthcare industry comprising the analysis of both Healthcare and Medicare spending in the country. The study focuses on information about ACO Programs and the major population served under these programs in the country. It also covers current scenario and future prospects of number of lives covered under these programs. In addition to that, the research offers detailed information about the step and time required to establish an ACO. Also, it presents analysis of ACO IT spending (on hardware, software and services) with a forecast till 2018.
Furthermore, the report covers study of different laws and regulations for the ACO programs in the country coupled with the information of organization that can become ACO. Through the section of key players, we have tried to provide the insight of current market scenario and wide ranging image of ACO market in US. Additionally, study of different payment models for ACOs viz. Shared Savings, Partial Capitation, Bundled Payment and Global Payment methods have also been covered in the report.
To provide a balance outlook to the client, the report also incorporates critical success factors for an ACO and the prevailing key challenges which are hindering the growth of ACO implementation in the country. Concisely, the report presents a comprehensive look at the sector’s past, present, and future scenario.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.