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Medical Practice Management Software (MPMS) Market size is set to grow by USD 6.23 billion from 2024-2028, Increased efficiency and productivity of mpms boost the market, Technavio

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NEW YORK, June 20, 2024 /PRNewswire/ — The global medical practice management software (MPMS) market size is estimated to grow by USD 6.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.73%  during the forecast period. Increased efficiency and productivity of mpms is driving market growth, with a trend towards increasing adoption of analytics in MPMS. However, data security and privacy concerns  poses a challenge. Key market players include Adroit Infosystems Inc., AdvancedMD Inc., Veradigm LLC, athenahealth Inc., BestoSys Solutions Pvt Ltd., CareCloud Inc., CollaborateMD Inc., eClinicalWorks LLC, Epic Systems Corp., General Electric Co., Greenway Health LLC, Henry Schein Inc., McKesson Corp., Nextech Systems LLC, NextGen Healthcare Inc., Oracle Corp., Practo Technologies Pvt. Ltd., Sage Group Plc, TotalMD, and Virence Health.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Medical Practice Management Software (MPMS) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 13.73%

Market growth 2024-2028

USD 6237.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.23

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

Key countries

US, China, Germany, France, and Japan

Key companies profiled

Adroit Infosystems Inc., AdvancedMD Inc., Veradigm LLC, athenahealth Inc., BestoSys Solutions Pvt Ltd., CareCloud Inc., CollaborateMD Inc., eClinicalWorks LLC, Epic Systems Corp., General Electric Co., Greenway Health LLC, Henry Schein Inc., McKesson Corp., Nextech Systems LLC, NextGen Healthcare Inc., Oracle Corp., Practo Technologies Pvt. Ltd., Sage Group Plc, TotalMD, and Virence Health

Market Driver

ai_trending_factor_new 

Medical Practice Management Software (MPMS) market witness an increasing adoption of data analytics and business intelligence solutions. Hospitals and clinics leverage these tools for performance monitoring, data mining, reporting, and benchmarking, to enhance decision-making and discover new growth opportunities. In the healthcare sector, vast amounts of clinical and non-clinical data are generated, including patient health records, administrative information, and financial data. Data sources such as Epic Systems, Athenahealth, and Capacity, among others, provide valuable insights through techniques like mining, output analysis, and product analysis. The MPMS market encompasses various components like sales volume, gross margin, and costs, with rising integration of cloud-based software and claim management systems. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         ai_dominating_segment_factor_new

•         The digital transformation of medical practice brings excitement yet poses complex challenges, particularly in safeguarding sensitive patient data from malware attacks and unauthorized access. Cloud-based Medical Practice Management Software (MPMS) adoption is prevalent due to cost-effectiveness and ease of accessibility, but it raises concerns regarding data security and potential public availability of patient information and insurance-related data. Other aspects of MPMS include data sources, diagnostic centres, output, sales volume, capacity, and claim management. MPMS market trends involve rising integration, product analysis, and research time span.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This medical practice management software (mpms) market report extensively covers market segmentation by  

Deployment 1.1 Cloud-based1.2 On-premisesEnd-user 2.1 Hospitals2.2 Diagnostic laboratories2.3 Physicians2.4 PharmacistsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Cloud-based-  The Medical Practice Management Software (MPMS) market segmentation by deployment reveals a significant shift towards cloud-based solutions due to their numerous advantages and the declining trend in on-premises systems. Data sources indicate that this growth is driven by data-driven growth opportunities, rising integration, and the surge in sales volume. Cloud-based software offers predictable expenses, no need for powerful local servers, and low maintenance fees, making it an attractive option for various medical institutions such as hospitals, diagnostic centres, and clinics. The import and export patterns of MPMS show a global trend towards cloud adoption, with the value of production in this segment expected to increase during the research time span. The decline in the upfront costs associated with cloud-based solutions, as opposed to the large investments required for locally installed systems, is a significant factor contributing to this trend. Additionally, the benefits of cloud-based software, including free upgrades and low IT personnel costs, further enhance its appeal. The MPMS market analysis reveals that the capacity of cloud-based software to handle large sales volumes and the rising integration of various functionalities, such as medical billing, claim management, and ambulatory surgery centres, are key factors driving the growth of this segment. The gross margins and profits generated from cloud-based solutions are also expected to increase during the forecast period. Overall, the MPMS market is witnessing a surge in the adoption of cloud-based software, with companies such as Ace Matrix, AdvancedMD, Allscripts, and others leading the charge.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Medical Practice Management Software (MPMS) market is experiencing significant growth due to the increasing capacity of diagnostic centres and clinics. Cloud-based software solutions are becoming increasingly popular, enabling real-time data consumption and cost savings. The current status of the market is driven by the need for data-driven growth opportunities, which can be mined from various data sources. The surge in sales volume is attributed to the value of production derived from primary materials and the output generated by efficient practice management systems. The costs associated with manual processes and outdated methods are being replaced by the benefits of MPMS, making it an essential investment for medical practices seeking to optimize their operations.

Market Research Overview

The Medical Practice Management Software (MPMS) market encompasses a range of solutions designed to streamline and optimize administrative tasks for healthcare providers. These systems offer functionalities such as scheduling appointments, managing patient records, processing insurance claims, generating bills, and tracking revenues. MPMS solutions enable practices to improve efficiency, reduce administrative costs, and enhance patient care. They cater to various medical specialties and practice sizes, ensuring flexibility and scalability. The market is driven by factors like increasing healthcare demand, regulatory compliance, and the need for digital transformation in healthcare. Additionally, advancements in technology, such as cloud computing, artificial intelligence, and machine learning, are fueling innovation and growth in the MPMS market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentCloud-basedOn-premisesEnd-userHospitalsDiagnostic LaboratoriesPhysiciansPharmacistsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

BCE reports results of Series AI and AJ preferred share conversions

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MONTRÉAL, July 22, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that all of its floating-rate Cumulative Redeemable First Preferred Shares, Series AJ (“Series AJ Preferred Shares”) will be converted on August 4, 2026, on a one-for-one basis, into fixed-rate Cumulative Redeemable First Preferred Shares, Series AI (“Series AI Preferred Shares”).

On June 16, 2026, notice was provided that holders of Series AI Preferred Shares could elect to convert their shares into Series AJ Preferred Shares and that holders of Series AJ Preferred Shares could elect to convert their shares into Series AI Preferred Shares, subject to the terms and conditions attached to those shares. A total of 1,875 of BCE’s 8,584,140 Series AI Preferred Shares were tendered for conversion on August 4, 2026, on a one-for-one basis, into Series AJ Preferred Shares. In addition, a total of 1,976,448 of BCE’s 3,514,957 Series AJ Preferred Shares were tendered for conversion on August 4, 2026, on a one-for-one basis, into Series AI Preferred Shares. As this would result in there being less than 2,000,000 Series AJ Preferred Shares outstanding, all remaining Series AJ Preferred Shares not tendered for conversion will, as per the terms and conditions attached to those shares, be automatically converted into Series AI Preferred Shares on August 4, 2026.

Registered shareholders who had elected to convert their Series AI Preferred Shares will have the share certificates representing the number of Series AI Preferred Shares tendered for conversion returned to them by TSX Trust Company.

The Series AI Preferred Shares will pay on a quarterly basis, for the five-year period beginning on August 4, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.10%. The Series AI Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbol BCE.PR.I.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

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SOURCE BCE Inc.

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SpringBrand Launches AI Co-Founder, Giving Sellers a Dedicated AI Agent for Pre-Sale Work

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Sellers bring the expertise; AI helps package the service, guide pricing, and handle initial buyer conversations.

SAN FRANCISCO, July 22, 2026 /PRNewswire/ — SpringBrand, an AI-agent-powered services marketplace, today announced the launch of AI Co-Founder, a seller-side AI agent designed to help people turn their professional skills into structured, fixed-price services. The agent assists with service packaging, pricing guidance, listing creation, buyer intake, scope clarification, and initial qualification, allowing sellers to focus on delivering their expertise.

The launch addresses a friction point familiar to a growing share of the workforce. According to a Bankrate survey, roughly one in four American adults report having a side hustle — but for many more who have considered starting one, the barrier isn’t a lack of skill. It’s the work before the work: packaging an offer, setting a price, writing a listing, and fielding inquiries from buyers who aren’t yet sure what they need.

AI Co-Founder starts by interviewing the seller to surface marketable skills and shapes them into a structured, fixed-price offer ready for the marketplace. Once published, a dedicated AI agent represents the seller to prospective buyers — fielding initial inquiries, clarifying scope, and qualifying fit before the seller is ever involved. On the buyer side, the same agent-driven model applies: buyers describe the outcome they need in plain language, and SpringBrand’s agents match the request against available services and coordinate communication through to delivery. Users approve each step.

“Many people already have knowledge or experience worth selling, but turning that expertise into a clear offer can feel like starting an entirely new business,” said Luhao Zhao, Business Development Manager at SpringBrand. “AI Co-Founder helps handle the operational work around packaging, pricing, and early buyer communication, while the seller retains the judgment, expertise, and responsibility for delivery. We believe services are moving from static listings toward agent-assisted discovery and coordination on both sides of the marketplace.”

The platform can support a wide range of skills and service formats. A home baker could turn a popular recipe into a digital guide or virtual baking class. An office professional known for improving presentations could offer a fixed-price deck review or pitch-deck polish. A student familiar with relocating to a new city could package that experience into a rental preparation checklist or a one-on-one orientation call. In each case, AI Co-Founder helps structure the offer and prepare the listing without requiring the seller to start from a blank page.

SpringBrand is open to sellers now at springbrand.ai. Listing is free on the platform’s base tier, which includes AI-assisted service creation and basic traffic data. During the launch period, SpringBrand is waiving all selling fees and offering its Pro membership — which adds priority ranking in buyer opportunities, advanced analytics, and up to 30 qualified buyer requests per day — at no cost.

About SpringBrand

SpringBrand is an AI-agent-powered services marketplace that helps people package, discover, and purchase clearly defined professional services. Buyers describe the outcomes they need in plain language, while AI agents assist with service matching, scope clarification, and communication between buyers and sellers. SpringBrand was founded in 2026 and is headquartered in San Francisco. For more information, visit springbrand.ai.

Media Contact

Luhao Zhao
BD Manager
SpringBrand AI
support@springbrand.ai

Press Contact:
Luhao Zhao
2542492894
https://springbrand.ai/

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SOURCE SpringBrand

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NSW Community Services Workers Now Accessing Long Service Leave Across Multiple Employers on Appian

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New digital portal already supporting 180,000+ workers with more than $57 million in levy payments processed

SYDNEY, July 23, 2026 /PRNewswire/ — Long Service Corporation (LSC), a New South Wales Government statutory body, has launched a new digital application built on the Appian Platform to help community services workers across the State more easily access long service leave entitlements across multiple employers.

Delivered in partnership with Deloitte, the solution is designed to support workers employed across a broad range of services which look after the wellbeing of individuals and communities across NSW, such as housing and homelessness support, mental health services, and family and domestic violence support. Work in the sector often involves short-term employment contracts, multiple employers, and career breaks, making it difficult to maintain the continuous service traditionally required for long service leave. The new application helps approximately 250,000 workers and their 2,400 employers more easily track and manage their accrued service, ensuring they can access the entitlements they have earned over time.

Since the launch of the Appian-powered Community Services Industry portal in April 2026, more than 5,800 service returns have been submitted by nearly 2,000 employers, representing an approximate 80% completion rate. In the same period, more than 180,000 workers have been nominated into the scheme, enabling them to begin accruing portable long service leave.

LSC has already received over $57 million in levy payments, with total collections projected to exceed $100 million by 1 September 2026, highlighting the scale and momentum of the scheme. These results demonstrate the platform’s rapid impact in streamlining participation and delivering value to employers and workers. Lauren Nagel, Executive Director, LSC, said the application was designed to improve accessibility and reduce administrative complexity for both workers and employers.

“Workers and employers now have dedicated self-service portals and Long Service Corporation can also manage the scheme more efficiently and at scale,” said Nagel. “Using the application, workers and employers can securely interact with LSC through their MyServiceNSW accounts, complete identity verification, receive digital notifications, and manage service return payments online.”

The end-to-end application incorporates multiple NSW Government shared services to provide a streamlined and consistent customer experience. It also enables LSC to reduce manual administration through improved worker matching, guided self-service functionality and greater visibility across employer-worker relationships.

Kal Marshall, Area Vice President for Australia and New Zealand at Appian, said LSC has demonstrated how government agencies can modernise essential community services while improving access for workers.

“Long Service Corporation’s use case highlights how technology can help simplify highly complex administrative processes while improving outcomes for the people who rely on them most,” said Marshall. “For many community services workers, long service leave is a meaningful benefit that can be difficult to access under traditional employment models. By building a streamlined and scalable digital experience, Long Service Corporation is helping ensure workers can more easily receive the entitlements they have earned.”

Deloitte worked closely with LSC to align legislative requirements, operational processes and technical delivery throughout the project.

LSC also uses Appian Process HQ to monitor adoption, compliance and operational performance across the scheme, with future phases expected to include additional case management functionality.

Adam Karasiewicz, Partner, Deloitte, said the project combined legislative expertise with rapid technology delivery to support the rollout of the new scheme within tight timeframes.

“Portable long service leave schemes are highly specialised and require strong alignment between legislation, policy and operational delivery,” said Karasiewicz. “By combining Deloitte’s workplace integrity and policy expertise with Appian’s platform capabilities, we were able to help LSC deliver a secure, accessible and scalable solution quickly.”

About Appian

Appian provides AI automation for mission-critical work. We automate complex processes in large enterprises and governments. Our platform is known for its unique reliability and scale. We’ve been automating processes for more than 25 years and understand enterprise operations like no one else. For more information, visit appian.com. [Nasdaq: APPN]  

Follow Appian: LinkedIn, YouTube, Instagram, Facebook, and X.

About Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organisation”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 400,000 people make an impact that matters at www.deloitte.com.

About Long Service Corporation

Long Service Corporation is a NSW Government statutory authority responsible for administering portable long service leave schemes across the building and construction, contract cleaning and community services sectors. www.nsw.gov.au/longservice corporation

 

 

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SOURCE Appian

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