The healthcare quality management market is characterized by constant technological advancements to keep pace with the changing regulatory and reporting needs. Aging and growing population, the proliferation of chronic diseases, heightened focus on care quality and value, evolving financial and quality regulations, informed and empowered consumers, and innovative treatments and technologies — all of which are leading to rising costs and an increase in spending levels for care provision, infrastructure improvements, and technology innovations.
With the transition to value-based care and growing quality reporting requirements, the healthcare industry is increasingly adopting advanced health IT solutions such as analytics, population health management, and quality management solutions.
Top 10 companies operating global healthcare quality management market –
Founded in 1902 and headquartered at Minnesota, U.S.; 3M Company provides products through following business segments, namely, Industrial, Safety and Graphics, Health Care, Electronics & Energy, and Consumer.
The company provides healthcare IT related products/solutions through Healthcare business segment. With a strong network of its subsidiaries and distributors, the geographic presence of the company is in Africa, Asia, Central America, Europe, Middle East, North America, Oceania and South America.
Founded in 1994 and headquartered in Teaneck, New Jersey, U.S.; Cognizant Technology Solutions Corporation provides IT services, including digital technology, consulting, and operations services. Cognizant’s TriZetto Healthcare Products are software solutions that help organizations enhance revenue growth, drive administrative efficiency, improve cost and quality of care, and improve the member and patient experience.
The global presence of the company is seen in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Founded in 1906 and headquartered in New Jersey, U.S.; Conduent, Inc. is the provider of diversified business process services with leading capabilities in transaction processing, automation, analytics and constituent experience. The company provides solutions for government and commercial customers assisting them to deliver quality services to citizens, patients, customers and employees while reducing costs.
The global presence of the company is seen in the U.S., Europe and Asia-Pacific.
Founded in 1952 and headquartered in Fairfax, Virginia, U.S.; General Dynamics Corporation provides information technology (IT), systems engineering, professional services and simulation and training to customers in the defense, federal civilian government, health, homeland security, intelligence, state and local government and commercial sectors.
General Dynamics Health Solutions, part of General Dynamics Information Technology, provides end-to-end solutions and professional services to health organizations in the defense, federal civilian government, state and local government, commercial and international sectors.
The company provides its healthcare solutions in North America, Europe, Asia-Pacific, Middle East & Africa and South America.
A report into the projected growth of the current quality management in the healthcare market by Meticulous Research® has produced some incredible forecasts for the industry. By 2023, it’s expected to have grown at a CAGR of 15.00%, reaching over $ 3.7 billion.
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Founded in 1833 and headquartered in San Francisco, California, U.S.; McKesson Corporation operates in two segments, namely, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson Technology Solutions segment provides clinical, financial, and supply chain management solutions to healthcare organizations.
The company has its geographical presence in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Founded in 1992 and headquartered in Burlington, Massachusetts, U.S., Nuance Communications, Inc., is the pioneer in conversational and cognitive AI innovations that bring intelligence to everyday work and life. The company delivers solutions that can understand, analyse, and respond to human language to increase productivity and amplify human intelligence.
The company has more than 35 regional offices, with a significant international presence in regions like North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. As
Founded in 1990 and headquartered in Weston, Florida, U.S., Altegra Health offers technology-enabled, next-generation payment solutions using advanced analytics and supporting intervention platforms providing health plans and other risk-bearing organizations with the data they need to expertly manage member care and ensure appropriate reimbursement, allowing them to elevate care quality, optimize financial performance, increase cost transparency, and enhance member experience and engagement.
The company provides its healthcare solutions to Medicare and Medicaid in the U.S.
In August 2015, Emdeon Inc. acquired Altegra Health. In September 2015, Emdeon announced that the company will rebrand as “Change Healthcare” to better reflect its diverse capabilities and solutions. Altegra Health is a wholly owned subsidiary of Change Healthcare, Inc., a healthcare technology company that offers software, analytics, network solutions, and technology-enabled services to help create a stronger, more collaborative healthcare system.
Founded in 2011 and headquartered in Ann Arbor, Michigan, U.S.; ArborMetrix, Inc. is a healthcare technology solutions company focused on provider performance. The company’s cloud-based platform provides data collection and integration, scientifically rigorous performance measurement and analytics, and database administration solutions for hospitals, medical specialty societies, and hospital associations.
The company provides its healthcare solutions in the U.S. and Canada
Founded in 2005 and headquartered in Princeton, New Jersey, U.S.; CitiusTech Inc. provides healthcare technology services and solutions to medical technology companies, providers, payers, health plans and life sciences organizations.
The company operates across North America, Europe, Middle East, and Asia-Pacific.
The company develops and markets its products in the U.S., Canada, and it has its subsidiaries in China, Hong Kong, Panama, Germany, and the Netherlands.
Popular mentions – Dolbey Systems, Inc. (U.S.), Verscend Technologies, Inc. (U.S.), Truven Health Analytics (U.S.), Quantros, Inc. (U.S.), Persivia (U.S.), Medisolv, Inc., (U.S.), and MedeAnalytics, Inc. (U.S.)
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