The Healthcare MSO (management service organization) Market is expected to grow at a CAGR of 12% by 2030. The growing trend of consolidation of smaller practices to achieve economies of scale and improve operational efficiency, rising aging population & chronic disease, growing demand for specialty care, increasing investments by private equity companies, and rising adoption of technology are some of the key factors driving the market.
A Healthcare Management Service Organization (MSO) is a health care specific company that provides non-clinical services (administrative and management services) to medical practices, healthcare providers, and ambulatory care facilities.
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Advantages Offered by MSOs Fuels Its Demand
MSO is beneficial to a health system in numerous ways:
"MSO ensures access to the lowest prices of medical supplies and services... MSOs aggregate volumes and hence are able to achieve economies of scale, which in turn allows them to obtain preferred pricing on medical supplies, healthcare insurance, etc."
Foray of Next-Generation MSOs in Orthopedics – An Emerging Trend
Orthopedic physician practices often face challenges such as high overhead costs, deteriorating payments, increased regulatory requirements, and payer and administrative hurdles. On average, orthopedic physician practices spend ~ 50% of their revenue on overheads. To overcome these challenges, a new type of MSO has ventured into the market that not only provides orthopedic physician practices the tools they need to streamline business functions but also provides technical expertise to succeed.
For instance,
Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold
The healthcare management service organization market is marked by the presence of both established and new players. Players operating in the market adopt both organic and inorganic growth strategies such as new product launches, and partnerships to garner market share. For instance,
MSO Competitive Landscape
Some of the key players operating in the market include MedVanta, Envolve Health, One Oncology, Vanguard Health Solutions, Neolytix, Argusmso, Cority, HealthSmart Management Services Organization, Inc. and Conifer Health Solutions, LLC among others.
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Global Healthcare Management Service Organization Market Segmentation
This report by Medi-Tech Insights provides the size of the global healthcare management service organization market at the regional- and country-level from 2023 to 2030. The report further segments the market based on services and ownership.
Market Size & Forecast (2023-2030), By Services, USD Million
Market Size & Forecast (2023-2030), By Ownership, USD Million
Market Size & Forecast (2023-2030), By Region, USD Million
About Medi-Tech Insights
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.
Contact:
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
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