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Industry Landscape
The digital healthcare industry is experiencing rapid growth, driven by increasing demand for integrated, patient-centric solutions. Emphasis is on leveraging AI/ML for data-driven insights, addressing mental health needs, and improving care coordination across physical and mental health domains. Interoperability and data security remain key challenges, while value-based care models continue to push for innovative digital solutions.
Total Assets Under Management (AUM)
Digital Health Market Size in United States
~$175.7 billion (2023)
(18.6% CAGR)
- Telemedicine and virtual care are expanding rapidly.
- AI and data analytics drive personalized care.
- Focus on chronic disease management and mental health.
Total Addressable Market
550.9 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI in Healthcare
Generative AI can create personalized care plans, assist in medical research, and automate administrative tasks, revolutionizing patient interaction and operational efficiency.
Wearable Technology & Remote Monitoring
Advanced wearables and remote monitoring devices collect real-time patient data, enabling proactive interventions and continuous care outside traditional clinical settings.
Blockchain for Healthcare Data Security
Blockchain technology offers enhanced data security, interoperability, and patient control over their health records, addressing key challenges in digital healthcare.
Impactful Policy Frameworks
21st Century Cures Act (2016)
This act aims to accelerate medical product development, bringing new innovations and advances to patients faster and more efficiently, and to promote health information exchange.
It mandates greater interoperability of electronic health records, directly benefiting Kbrax's CareNavigator by easing integration with existing systems and improving data exchange.
CMS Interoperability and Patient Access Rule (2020)
This rule requires certain payers to implement APIs that allow patients to access their health information and enable the sharing of data between payers and providers.
This policy pushes for greater data accessibility and portability, aligning with Kbrax's patient-centric approach and enabling better population health management for its payer clients.
American Rescue Plan Act (2021) - Mental Health Provisions
This act significantly increased funding for mental health and substance use disorder services, aiming to expand access to care and strengthen behavioral health infrastructure.
Increased funding creates new opportunities and demand for Kbrax's integrated mental health solutions, like MindPure and the behavioral health aspects of CompleteCarePlatform, across various client segments.
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