Managed Health Care Services: A Global Outlook
San Jose, California (PRWEB) February 13, 2012
Follow us on LinkedIn – Managed healthcare services market is making rapid progress in developed countries due to the escalating cost of delivering medical care. Factors such as discounted rates negotiated by employers with managed care providers, lower premiums, and large size of MCOs have contributed to the evolution of managed care model as the backbone of healthcare system. Shift towards preventive healthcare measures, introduction of evidence-based medicine, and increasing need for cost control are major contributors to the growing demand for various managed care plans. Despite the adverse impact of recession, the managed healthcare services market is recovering with the resurgence in global economies. The recession led employers to re-evaluate their existing health policy plans, while insurers are seeking to play a bigger part in managing cost and care of members, in order to survive the difficult conditions. The trend towards Managed Care Organizations (MCOs), which initially started in the US, is steadily progressing towards other regions. With the managed healthcare market on the brink of saturation in the US, managed care providers are focused on expanding presence in the underserved regions such as Latin America.
The recession significantly affected prospects in various healthcare plans, as majority of the employers cut back on costs whereby health benefits became increasingly unaffordable. With the economy on the recovery mode, managed healthcare market is expected to witness robust growth. Managed care enrollments witnessed robust increase, driven by the increased thrust of states on enrolling individuals into managed healthcare plans in order to cut costs. Rising number of senior citizens in need of long-term care also fuelled the number of enrollments in managed care programs. Other factors contributing to the growth include restoration of various programs and increase in provider payment rates and changes to increase eligibility, and implementation of various marketing strategies for more enrollments.
The research report titled “Managed Health Care Services: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Japan, Europe, and Australia, among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/