U.S. House Calls Industry Overview
The U.S. house calls market size was valued at USD 510.5 Million in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 5.60% from 2022 - 2030. Increasing demand for cost-efficient, accessible, and convenient services for healthcare and wellness is expected to drive the industry growth during the forecast period. House call practices in the U.S. are expected to reduce the hospital expenditure for Medicare beneficiaries with chronic conditions. Thus, the house call market is expected to witness exponential growth in the coming years due to affordable, effective, and convenient on-demand healthcare services provided by these practices.
The Federal government has taken initiatives to support house call providers by relaxing the restrictions on telehealth in Medicare for providing better reimbursement to physicians. In July 2021, the Center for Medicare & Medicaid Services (CMS) proposed a physician payment rule involving an annual physician payment schedule for improving healthcare services by encouraging physicians to opt for house calls, e-consultation, and other similar services through better reimbursement.
Gather more insights about the market drivers, restraints, and growth of the U.S. House Calls Market
Certain states in the U.S. with less than full-practice authority require nurse practitioners to work as part of a physician practice or enter into a contract with a physician to provide medical care, whether that care is in a hospital, doctor’s office, or a patient’s home. Minimizing restrictions on the range of services that practitioners can offer will in turn increase the availability of care providers.
App-based on-demand physician house call service is one of the technological advancements in healthcare that is trending. App-based on-demand house call services are attracting the U.S. population, being a convenient, timesaving, & cost-saving option, especially in case of acute health problems where home services are the best option. These services are reducing hospitalization time for patients, and saving costs for them, especially for long-term chronic care. The Med Star Hospital center, a leading healthcare center in the U.S., witnessed a 9% decrease in the hospitalization rate, indicating an impact of app-based house call services.
As per a report by the Commonwealth Development Fund, there is a need to reduce healthcare expenditure in the U.S., as excess healthcare expenditure is impacting the ability to meet critical public health needs and affecting the country's economic competitiveness. The emerging telemedicine & house call services in recent times are a great option for reducing healthcare expenditure, as telehealth saves healthcare costs in multiple ways. Home visits provided by mobile physician practices have eliminated wait-time for nonurgent or new cases in hospitals and have reduced healthcare expenditure.
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U.S. House Calls Market Segmentation
Grand View Research has segmented the U.S. house calls market based on service:
U.S. House Calls Service Outlook (Revenue, USD Million, 2017 - 2030)
- Primary Care
- Urgent Care
- Preventive Care
- Mobile Clinical Testing
- Chronic Care Management
- Others
Market Share Insights:
March 2021: Heal announced a partnership with Medley Pharmacy to help patients access critical prescriptions and medication without leaving home.
Key Companies profiled:
Some prominent players in the U.S. House Calls market include
- SOS Doctors House Calls, Inc
- Heal
- Doctor on Demand, Inc
- Resurgia Health Solutions LLC
- MDLIVE, Inc
- House Call Doctors Loss Angeles
- Mount Sinai Visiting Doctors
- Visiting Physician Association
- Urgent Med Housecalls
- House Call Doctors Medical Group
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