Global Healthcare Analytics Market Research Report 2017Posted by Bharat Book on March 3rd, 2018 Bharat Book Bureau Provides the Trending Market Research Report on Global Healthcare Analytics Market Opportunity Analysis And Industry Forecast 2017- 2023 under Life Science category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects. Healthcare Analytics Market: Healthcare Analytics Market Report Description: Request a free sample copy of Healthcare Analytics Market Report @ Healthcare Analytics Market: A dramatic change in the healthcare industry has expected to fuel the healthcare analytics market. Healthcare industry is adopting innovative technologies from the past decade. The advanced analytics can play a vital role in healthcare systems and provide insights to manage business proactively and efficiently. Moreover, analytics enables predict patient’s future health needs, which is more useful for provider and payer. Hence, most of the healthcare organizations are inclining towards healthcare analytics. For instance, electronic health records (EHR) provides patient data like history, prescriptions, personal details like contact number, email address, diagnostic test results, physician’s comments etc. The gradual increase in healthcare expenditure is expected to witness robust growth in healthcare analytics market. Healthcare expenditure is the prime factor, which drives the healthcare analytics market. Rise in healthcare expenditure, effective hospital management strongly correlates with quality of care. Healthcare analytics able to provide insights to reduce costs, identify at-risk populations, minimize inefficiencies, and predict future healthcare needs and diagnostic tests. North America has expected to account for major revenue share of global healthcare analytics market U.S. Healthcare Analytics Market is expected to expand at significant CAGR over the forecast period owing to rise in healthcare expenditure, adoption of sophisticated technologies have expected to propel the market. The healthcare services come with a price, organizations are incentivized to seek volume business over the value business. The above model enables enhance readmissions, repeat visits, and other inefficiencies that increase cost. Analytics used to implement payment process depends on performance rather than volume, the provider would be paid for value, depends on outcomes. Data-driven models have been using to identify disease risk factors. Health Insurance Portability and Accountability Act’s (HIPAA), permits the disclosure of confidential information regarding health for research without an authorization of the patient. Lack of skilled resources, limited healthcare infrastructure in developing countries, data confidentiality is the major challenges of the healthcare analytics market. Competition Assessment Key players’ profiles in the global Healthcare Analytics Market include: In 2016 March, Advera Health Analytics, a healthcare informatics company, launched Evidex, a web-based platform with structured real-world drug evidence which combines annotated data from curated clinical trial results. Browse our full report with Table of Contents : About Bharat Book Bureau: Contact us at: Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it!More by this author |