The care coordination market is expected to grow at a compound annual growth rate (CAGR) of 26.1 percent between 2015 and 2020
An important driver in the care coordination market is the rapid adoption of new digital health solutions by payers and providers is the need to better track and manage patients across acute, ambulatory and home care settings.
To enable team-based care and ensure smooth care transitions and efficient use of healthcare resources, care coordination software should be flexible and extensible, with corresponding accountability, transparency of information, and ability to provide analysis and reporting among key stakeholders.
The solutions will enable care teams to implement and track care plans, engage patients in self-management, as well as provide closed-loop, 24/7 communication among all stakeholders, including patients and their families.
