The "Behavioral/Mental Health Care Software & Services Market Size, Share & Trends Analysis Report by Component, Delivery Model, Function, End-use and Region 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global behavioral health care software and services market size is expected to reach USD 5 billion by 2027. It is anticipated to register a CAGR of 11.1% during the forecast period. Behavioral health management software provides ease of communication between care providers and patients and its real-time monitoring feature enables doctors to efficiently track patient progress.
These systems maintain confidentiality regarding patient information, especially in cases of substance abuse and mental health. The software increase productivity and efficiency of mental healthcare, by integrating with its existing infrastructure. Behavioral healthcare providers help reduce treatment costs by providing value-based medicine programs, thus preventing hospital readmissions. The impact of substance abuse is estimated to be worth USD 600 billion every year in U.S., according to a survey by the Substance Abuse and Mental Health Services Administration (SAMHSA).
The Cures Act provides the vendors with an opportunity of integrating, resulting in the care coordination of both parties. The act will enable interoperability between healthcare providers, especially mental healthcare providers, enable insurance claim submissions, simplify the explanation of benefits, and eliminate the obstacles to reimbursement for faster returns. New behavioral health integration codes were introduced by the Centers for Medicare & Medicaid Services (CMS) under the psychiatric collaborative care model and behavioral health integration under the successful chronic care management services initiative.
Further key findings from the report suggest:
Key Topics Covered
Chapter 1 Research Methodology
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation and Scope
3.1.1 Market Driver Analysis
3.1.1.1 Emerging Technologies in Behavioral Health
3.1.1.2 Rising Awareness About Substance Abuse Management
3.1.1.3 Expanding Reimbursement Coverage in Developed Countries
3.1.2 Market Restraint Analysis
3.1.2.1 Inadequate Funding and Low Awareness About Mental Health Issues
3.1.2.2 Lack of Skilled Clinicians
3.2 Penetration & Growth Prospects Mapping
3.3 Behavioral/Mental Health Care Software & Services Market - PESTLE Analysis
3.4 Industry Analysis - Porter's
Chapter 4 Behavioral/Mental Health Care Software & Services Market: Component Estimates & Trend Analysis
4.1 Behavioral/Mental Health Care Software & Services Market: Component Movement Analysis
4.2 Software
4.3 Support Services
Chapter 5 Behavioral/Mental Health Care Software & Services Market: Delivery Model Estimates & Trend Analysis
5.1 Behavioral/Mental Health Care Software & Services Market: Delivery Model Movement Analysis
5.2 Ownership
5.3 Subscription
Chapter 6 Behavioral/Mental Health Care Software & Services Market: Function Estimates & Trend Analysis
6.1 Behavioral/Mental Health Care Software & Services Market: Function Movement Analysis
6.2 Clinical Functions
6.3 Administrative Functions
6.4 Financial Functions
Chapter 7 Behavioral/Mental Health Care Software & Services Market: End Use Estimates & Trend Analysis
7.1 Behavioral/Mental Health Care Software & Services Market: End Use Movement Analysis
7.2 Providers
7.3 Payers
7.4 Patients
Chapter 8 Behavioral/Mental Health Care Software & Services Market: Regional Estimates & Trend Analysis
8.1 Behavioral/Mental Health Care Software & Services Market Share by Region, 2019 & 2027
8.2 North America
8.3 Europe
8.4 Asia-Pacific
8.5 Latin America
8.6 Middle East & Africa
Chapter 9 Competitive Landscape
9.1. Recent Developments & Impact Analysis, by Key Market Participants
9.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
9.3. Company Profiles
9.1.1 Cerner Corporation
9.1.2 Core Solutions, Inc.
9.1.3 EMIS Health
9.1.4 Epic
9.1.5 Meditab
9.1.6 Holmusk
9.1.7 Netsmart Technologies
9.1.8 Qualifacts Systems, Inc.
9.1.9 Welligent, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mxwvee
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