The 50 Largest Companies in the US Healthcare Industry Occupy 60% of the $350 Billion Market.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c34322) has announced the addition of Managed Healthcare - Industry Profile to their offering. Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. We synthesize To create a whole or complete unit from parts or components. See synthesis. information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely. Our industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. We provide industry reports that are simple to use and help you understand the most important facets of industry trends and developments. This profile is updated quarterly. At time of ordering, you will receive the most recent edition. Topics Covered: Industry Overview Quarterly Industry Update Business Challenges Trends and Opportunities Call Preparation Questions Financial Information Industry Forecast Website and Media Links Glossary of Acronyms Summary Brief Excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. from Industry Overview Chapter: The US healthcare industry includes about 3,000 managed healthcare companies with combined annual revenue of about $350 billion. Large participants include Aetna, UnitedHealth, and Humana, and non-profit organizations such as Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. and state Blue Cross/Blue Shield organizations. The industry has become concentrated, with the 50 largest organizations holding more than 60 percent of the market. COMPETITIVE LANDSCAPE Demand is driven by the rising costs of providing medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully only by providing special coverage plans, or in small markets. The industry is highly automated, with annual revenue per employee close to $1 million. PRODUCTS, OPERATIONS & TECHNOLOGY The industry provides various types of health insurance plans that have built-in cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. measures, unlike traditional indemnity plans that pay whatever costs are incurred. Among the major products are health maintenance organization (HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, ); preferred provider organization pre·ferred provider organization n. Abbr. PPO A medical insurance plan in which members receive more coverage if they choose health care providers approved by or affiliated with the plan. (PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there ); point of service (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ); and indemnity benefit indemnity benefit, n a contract benefit that is paid to the insured to meet the cost of dental services received. plans. Companies usually offer a number of such plans and may operate dozens of them. HMO plans, sometimes called 'closed system' plans, have the most active cost-containment features. Consumers choose a primary care doctor from the HMO's network of providers, who acts as a gatekeeper In an H.323 IP telephony or video environment, a gatekeeper is a device that manages domains and provides call control. It is used to translate user names into IP addresses, to authenticate users and to manage network resources. for any other medical services the consumer may need. PPO plans, also called 'open access' plans, allow consumers to ... For more information visit http://www.researchandmarkets.com/reports/c34322 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion