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Frost & Sullivan Finds Wellness and Early Intervention Technologies Core Components in Healthcare Delivery Transformation

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Frost & Sullivan Finds Wellness and EarlyFrost & Sullivan Finds Wellness and Early Intervention Technologies Core Components in Healthcare Delivery Transformation PR Newswire MOUNTAIN VIEW, California, Dec. 19, 2013 -- Key predictions forecast early intervention and general wellness services to merge over time The major driver for early intervention technologies in the U.S. is a combination of legislative cost controls, emerging consumer demand for self-management, and lower costs for technology delivery. General wellness technologies also allow employers to enhance loyalty and engagement through affordable, non-cash incentives, as they place emphasis on proactive self-care and migrate to a mix of basic covered care and defined contribution structures that mimic company retirement plans. New analysis from Frost & Sullivan's US Market for General Wellness and Early Intervention Technologies (http://www.connectedhealth.frost.com) research finds the general wellness technologies segment earned revenue of $3.87 billion in 2012 and estimates this to reach $5.12 billion in 2017. The early intervention technologies segment earned revenue of $2.10 billion in 2012 and is likely to reach $2.63 billion in 2017. Early intervention programs include patient experience through programs, care coordination and patient safety, preventive health, and caring for at-risk populations.

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Published 19 December 2013
Reads 8
Language English
Frost & Sullivan Finds Wellness and Early Intervention Technologies Core Components in Healthcare Delivery Transformation

PR Newswire

-- Key predictions forecast early intervention and general wellness services to merge over time

The major driver for early intervention technologies in the U.S. is a combination of legislative cost controls, emerging consumer demand for self-management, and lower costs for technology delivery. General wellness technologies also allow employers to enhance loyalty and engagement through affordable, non-cash incentives, as they place emphasis on proactive self-care and migrate to a mix of basic covered care and defined contribution structures that mimic company retirement plans.