Practice management system (PMS) helps manage the daily operations of an organization. They enable co-ordination in organizational tasks and process through improved workflows. Practice management systems allow healthcare professionals to focus on offering quality care by lowering the administrative burden. Moreover, the solution automates day-to-day patient activities, leading to increased efficiency, productivity, and profitability. Integrated practice management solutions allow physician to share and connect to electronic health records enabling generation of full analyzed patient report.
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By geography, North America is going to have a lucrative growth during the forecast period due to the rising geriatric population and presence of better healthcare infrastructure in the region. Government funding is likely to speed up the adoption of medical practice management by healthcare providers and change the way players operate, across the sector. Hence, the increasing adoption of a patient-centric approach by healthcare payers, the need to increase the efficiency of current medical practices and institutions, time and resources saving in the long run, and high return on investments are the major factors driving the market in the region during the forecast period.
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Some of the key players profiled in the Practice Management Systems Market include Allscripts Healthcare Solutions, Inc., Athena Health, Cerner Corporation, Epic, eClinicalWorks, GE Healthcare, McKesson Corporation, Medical Information Technology, Inc., Nextgen Healthcare Information System, LLC., Henry Schein, Inc, MEDITECH, Greenway Medical, MediTouch, AdvantEgde Healthcare Solutions, and Practice Fusion.
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