Global Referral Management Market: Key Highlights
Global Referral Management Market: Key Market Dynamics
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Global Referral Management Market: Regional Overview
North America is anticipated to witness prominent growth in referral management market owing to technological advancement, increasing healthcare spending, the higher penetration rate of such healthcare practice, and well-established healthcare infrastructure. According to Centres for Medicare & Medicaid Services, in 2018 the U.S. healthcare spending grew by 4.6% reaching USD 3.6 trillion. Referral management helps to increase operational efficiency, referral completion, and improved patients satisfaction owing to which it is gaining popularity in the region.
The Asia Pacific is anticipated to witness the highest growth in referral management market during the forecasted period due to improving healthcare access in developing countries to tackle rising disease prevalence. According to the World Health Organization, the noncommunicable diseases (NCDs) – mainly chronic respiratory diseases, cancer, diabetes, and cardiovascular diseases has accounted for 8.5 million deaths in the Asia Pacific in 2018. Thus, in order to track the rising number of diseases and provide patients with appropriate treatment will boost the demand for referral management.
Global Referral Management Market: Key Players Overview
Forcura is a U.S. based company engaged in providing the solution to manage healthcare organizational information. The company operates through three business segments including workflow, care coordination. Forcura has partnered with leading HER and consulting groups to provide a total solution for home health and hospice market. In May 2019, the company launched digital forms, live video and new user experience to improve digital communication in referral management systems.
McKesson Corporation is a U.S. based company is one of the global leaders in healthcare supply chain management solution, retail pharmacy, healthcare technology, and specialty care. The company has 4th largest pharmacy chain across the globe with more than 5,000 retail pharmaceuticals. The Company operates through business segments including U.S. Pharmaceutical, medical-surgical, specialty health solution, pharmacy system, high volume solution, RelayHealth, and RxCrossroads by McKesson.
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