Patient Portal Market

Patient Portal Market 2020: Understanding the Strategic Shift

 

A patient portal is an online application which enables to maintain the data of patients. The patient portal is a web-based solution that is connected with the electronic health records and allows patients to access their health records. The patients can share their health information and communicate remotely. The increasing adoption of EHR, and government regulations mandating maintain health records is driving the growth of the market.

Allscripts and McKesson Corporation – Notable Market Players in Patient Portal Market

Market leaders operating in the market have undertaken various organic growth strategies in the patient portal Market. The patient portal market majorly consists of the players including. Cerner Corporation, Allscripts, McKesson Corporation, Optum, Inc, athenahealth, Inc, Epic Systems Corporation, Greenway Health, LLC, CureMD Healthcare, GE Healthcare and NXGN Management, LLC. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the companies have utilized inorganic strategies including mergers & acquisitions, partnership, and collaborations.

Below is the list of the growth strategies done by the players operating in the patient portal market:

Year

News

Jan-2021

UnitedHealth Group Inc. agreed to purchase Change Healthcare Inc. in a deal that values the health technology company at about $8 billion. The deal will combine Change Healthcare with UnitedHealth’s OptumInsight unit to offer software, data analytics, technology and other services to the health-care industry.

Nov-2019

NextGen Healthcare, announced an agreement to acquire patient experience platform Medfusion for $43 million, in an effort to provide a better overall experience to its healthcare consumers.

Jul-2019

Allscripts and Microsoft announced a collaboration intended to enable interoperability between different technology platforms and streamline EHR data sharing for Microsoft HealthVault users. Current members of Microsoft HealthVault will have the opportunity to transition their EHR data to Allscripts’ FollowMyHealth patient portal to ensure friends, family, and home care teams have access to their health information when needed.

 

 

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