Booming Healthcare IT Drives the Patient Intake Software Market

Introduction

The global Patient Intake software market has been witnessing a surge due to its features such as faster proceedings, better control of the outpatients, pre-validation of insurance information, and reduction in administrative mistakes from handwritten forms. The software has been experiencing a surge due to digitalization and its integration with other healthcare applications. Additionally, its compliance with the HIPAA regulations has bolstered the market due to its enhanced security. In North America, there is an intense competition among private players, whereas, in regions such as Asia-Pacific and South America, slower adoption of the patient intake software market is noticed. However, lack of reliability of the data filled by the patients and the misinterpretation of data might hamper the market growth to a certain extent

Key Highlights:

• Shifting preferences of the healthcare system towards an online platform due to the lockdown to drive the market growth.
• Higher adoption of the cloud deployment type is witnessed owing to the increasing partnerships with the tech-giants.
• North America dominates the Patient intake software market due to the presence of most of the key players and the increasing outpatient visits.
• The European region is expected to grow significantly owing to the initiatives by the government and the publicly funded systems.

Competitive Players

1. AdvancedMD (the U.S.)
2. DrChrono (the U.S.)
3. NextGen Healthcare (the U.S.)
4. Kareo (the U.S.)
5. Bizmatics (the U.S.)
6. CareCloud Charts (the U.S.)
7. Aprima (the U.S.)
8. WebPT (the U.S.)
9. RxNT (the U.S.)
10. ChiroTouch (the U.S.)
11. eClinicalWorks (the U.S.)
12. Medify (Netherlands)
13. Phreesia (the U.S.) among others.

Recent Developments

• On 17^th March 2020, NextGen Healthcare launched a patient experience platform integrated with patient visits. This feature has enhanced the product offerings of the company. It is strategically launched owing to the quarantine and social distancing regulations followed by most of the countries, thus increasing its usage.
• In August 2018, Phreesia partnered with BayCare Health System to create a unified patient registration platform. The partnership has benefitted Phreesia to expand its business through the 175 BayCare Medical Group sites and 13 BayCare Urgent Care sites.

Segmentation

1. By Component
   1. Solution
   2. Services
2. By Deployment Mode
   1. Cloud
   2. On-premise
3. By End-User
   1. Hospitals
   2. Clinics