Value-based healthcare is a healthcare delivery model where providers are paid based on patient health outcomes, rather than the amount of services they provide. Target market is driven by the rising pressure on the health system due to the constant increase in healthcare spending, increasing prevalence of chronic illnesses, and enhanced government initiatives. In addition, a rising demand for more cohesive care delivery systems, and increasing focus on population health management in the region are another factors propelling the market growth.
Report Highlights:
- U.S. value-based healthcare service market size is projected to grow at USD 7.8 trillion in 2035.
- The target market was valued at USD 4.02 trillion in 2024.
- The market is growing at a CAGR of 7.5%.
- By models, the market is dominated by the accountable care organization segment.
- The cloud-based segment is dominating the market under deployment mode segmentation.
- Based on end-use, the providers segment holds the largest market share.
Key Highlights:
- In October 2024, California Gov. Gavin Newsom recently signed legislation that extends a pilot program enabling California’s school districts to partner directly with medical groups to purchase healthcare for their workforce. The pilot, an agreement between California Schools Voluntary Employees Benefits Association (VEBA) and members of America’s Physician Groups (APG), aims to introduce a value-based payment model designed to reduce overall healthcare costs while improving the quality of patient outcomes.
- In July 2024, Innovaccer Inc., a leading healthcare AI company, announced a new strategic partnership with P3 Health Partners, a patient-centered, physician-led population health management company revolutionizing care delivery for Medicare patients. This partnership marks a significant milestone in advancing value-based care initiatives aimed at improving patient outcomes, optimizing costs, and enhancing the patient and clinician experience.
Report Analysis:
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Payment levels for services rendered to patients are linked to outcomes which includes care quality, equity and cost under value-based care arrangements. This strategy leads to better evidence-based, preventive and equitable whole-person care by coordinating incentives and payment.
The five main objectives of value-based care are as follows:
- Provide the best patient experience
- Advance health equity
- Improve patients’ health outcomes
- Deliver health care services at a reasonable cost
- Support the well-being of the health care workforce
Browse ∼43 market data tables and ∼35 figures through ∼177 slides and in-depth TOC on “U.S. Value-Based Healthcare Service Market Size, Share, By Models, Deployment Mode, and End Use - Trends, Analysis, and Forecast till 2035”
U.S. Value-Based Healthcare Services Market Competitive Landscape:
The key players in the market are Baker Tilly Advisory Group, LP, Boston Consulting Group, Athenahealth, UnitedHealth Group, NXGN Management, LLC, MCKESSON CORPORATION, Unlimited Technology Systems, LLC, Curation Health, Humana, The Commonwealth Fund, Stellar Health, Privia Health, Aetna Inc., ForeSee Medical, Inc., Kaiser Permanente, and Signify Health, Inc.
Market Segmentation, By Models, Forecast Period up to 10 Years, (USD Trillion)
- Overview
- Market Value and Forecast (USD Trillion), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Accountable Care Organization
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Patient-Centered Medical Home
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Pay for Reference
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bundled Payments
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Deployment Mode, Forecast Period up to 10 Years, (USD Trillion)
- Overview
- Market Value and Forecast (USD Trillion), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Cloud
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- On-Premises
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End-Use, Forecast Period up to 10 Years, (USD Trillion)
- Overview
- Market Value and Forecast (USD Trillion), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Providers
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Home Health Care
- Institutional Care
- Self-Care
- Other
- Payers
- Overview
- Market Size and Forecast (USD Trillion), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Medicare
- Medicaid
- Commercial
- Others