Home Healthcare Software is the most evolving and cutting-edge technology in the healthcare industry in the recent years. In the past decade, medical documentation was not only difficult to maintain, but also time consuming. It involved a lot of paper work to maintain patient and clinical records.
Home Healthcare solutions are extremely user friendly solutions that provides error free healthcare information which increases the operational efficacy and also enables home care agencies and physicians to communicate effectively to provide quality care to the patients. These solutions provides all healthcare professionals with real time information to deliver superior patient care.
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These specially designed software’s are used for maintaining patient electronic medical records, medication history, billing records, scheduling, and point-of-care clinical documentation.
Home Healthcare Software Market: Drivers
Today, aging population is a key factor for driving home healthcare software market. With the advancement of technology and growing adaptation of home healthcare based solutions. There is a pressure to reduce healthcare cost, patient readmission and increase in the quality of care in home care settings. These solutions are cost effective, ease of use and provides error free medical information. With this cutting edge technology and remarkable investments from the stakeholders, this market is expected to create a better business opportunities in the coming years.
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Home Healthcare Software Market: Segmentation
Based on the commercially available software products, global home healthcare software market is segmented as follows:
- Hospice Systems
- Agency Software Systems
- Tele-Health Systems
- Clinical Management Systems
Furthermore, the global home healthcare software market is classified based on usage mode as:
- Non Clinical Homecare Systems
- Clinical Homecare Systems
Based on the delivery mode, the global home healthcare software market is segmented as follows:
- Cloud-based software
- On-premises software
- Web- based software
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The major end-uses of this market include:
- Private duty
- Hospice agencies
- Homecare agencies
Cloud based software segment is currently growing at a faster rate due to its offered advantage of data storage and accessibility. Tele-Health Systems is the fastest growing product segment among other commercially available home healthcare software products.