This post is from a suggested group
Clinical Practice Management Software Market: Automation and AI Integration Drive Operational Efficiency and Patient Engagement
The Clinical Practice Management Software (CPMS) Market is undergoing rapid expansion, driven by the increasing necessity for operational efficiency and cost reduction within global healthcare systems. CPMS solutions automate and streamline the administrative and financial workflows of medical practices, including scheduling, patient registration, billing, and reporting. Valued at $3.31 billion in 2024, the market is projected to reach $6.39 billion by 2034, reflecting a robust CAGR of 6.80%. A primary growth driver is the continuous push for Electronic Health Record (EHR) adoption, as CPMS seamlessly integrates with these systems to ensure efficient data handling and regulatory compliance. The sheer complexity of insurance billing and regulatory mandates further solidifies the need for automated solutions that minimize errors and maximize reimbursement.