Vendor Assessment: Provider Data and Network Management Solutions Refactor, Expand, Deepen, and Broaden Markets and Function
This IDC Health Insights report discusses market trends, product development projections, and vendor highlights of the U.S. healthcare provider data and network management software market for 2015–2016. As health systems and health plans coalesce and both focus on value-based reimbursement, they concurrently desire similar provider onboarding, credentialing, network definition, and data management functions.
"Traditional provider network management software in payers is developing a distinctive, value-based reimbursement flavor. Concurrently, generic onboarding and credentialing software found in health systems increases relevance to payers due to current melding of the payer-provider ecosystem. The entire data landscape of provider demographics, provider financial transactions, and the management of administrative and clinical networks is enlarging. Suite-based software offerings deepen as niche software concurrently expands markets," says Jeff Rivkin, research director for Payer IT Strategies at IDC Health Insights.