How Do Peer Review Guidelines Strengthen U.S. Medical Peer/External Physician Review Services Market?

The increasing number of hospitals and active doctors and surging prevalence of medical malpractices and negligence will drive the U.S. medical peer/external physician review services market growth during the forecast period (2020–2030). Additionally, the existence of structured peer review guidelines and the lack of internal expertise to review the healthcare services provided will contribute to the market growth. In a medical peer/external physician review, the medical conduct of a healthcare facility or physician is examined by an external entity, in case of allegations of medical negligence or malpractice made by a patient.

Moreover, the rising number of hospitals and active physicians, on account of the booming population, will contribute to the U.S. medical peer/external physician review services market advance in the forecast years. According to the American Hospital Association (AHA), there were 6,090 hospitals in the U.S. in 2019. Furthermore, the 2020 Physician Specialty Data Report by the Association of American Medical Colleges (AAMC) states that there were a total of 938,966 active physicians in the U.S. in 2019.

The provider segment of the U.S. medical peer/external physician review services market is categorized into certified physicians, medical professional societies, law and consulting firms/organizations, medical universities and academic institutes, and peer review organizations (PROs). Among these, the law and consulting firms/organizations category will account for the largest market share due to the presence of numerous such agencies in the country that provide review services to medical establishments.

Thus, the increasing number of active physicians and hospitals and the presence of set peer review guideline will augment the growth of the market.

U.S. Medical Peer/External Physician Review Services Market Trends and Developments @ https://www.psmarketresearch.com/market-analysis/us-medical-peer-ex...

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