Care Management Trends for 2020 and Beyond

Care Management Market Size and Growth:

The care management solutions market worldwide is projected to grow to $16.9B, driven by a compounded growth of 16.5%. The projected market size is $19.28B by 2023. This market shows healthy, continuing double-digit growth, which covers disease management, case management, and utilization management.

The primary influences compelling growth initiatives are the shift of risk from payers to providers, government programs, and regulations pursuing patient-centric care and healthcare IT, an aging population, and the need to reduce healthcare costs while providing higher-quality care that supports patient behavior change.

Providers:  

In contrast to payers, one-third of providers report a positive return on investment on VBC over the past five years. One viable approach by providers innovates by managing the total costs of care through launching their insurance products and partnering with payers or employers.

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