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Referral Management Market is expected to generate a revenue of USD 13.48 Billion by 2031, Globally, at 15.8% CAGR: Verified Market Research®

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The Referral Management Market is driven by the increasing demand for coordinated patient care, the rising adoption of digital healthcare solutions, and government initiatives promoting healthcare IT. Additionally, the growing need to reduce healthcare costs further fuels market growth. However, challenges such as data security concerns, high implementation costs, and the complexity of integrating referral management systems with existing healthcare infrastructure act as significant restraints.

LEWES, Del., Sept. 2, 2024 /PRNewswire/ — The Global Referral Management Market Size is projected to grow at a CAGR of 15.8% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.17 Billion in 2023 and is expected to reach USD 13.48 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=2307

Browse in-depth TOC on “Global Referral Management Market Size

202 – Pages
126 – Tables
37 – Figures

Report Scope

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Ambition, BetterUp, Boxever, Brand24, Extole, Fivestars, Greateasy, Influitive, Joolea, Kickback, Mention, NPSoftware, Outfunnel, ReferralCandy, RewardSheep, Socialbakers, Smarter Referrals, and Talkable

SEGMENTS COVERED

By Component, By Type, By Delivery Mode, By End-user, and By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Global Referral Management Market Overview

Growing Demand for Coordinated Patient Care: The Referral Management Market is primarily driven by the increasing need for integrated patient care. Healthcare providers are increasingly striving for smooth communication between different departments, which results in improved patient outcomes and operational efficiency. The adoption of referral management systems is directly driven by this demand, leading to market growth as institutions emphasize efficient operations and reduced inefficiencies.

Adoption of Digital Healthcare Solutions: The Referral Management Market is being significantly influenced by the swift transition towards digital healthcare solutions. Integrating referral management systems is crucial for healthcare providers to ensure continuity of care as they adopt electronic health records (EHRs) and telehealth services. The rapid adoption of advanced technologies by businesses is driving market expansion, as they seek to enhance patient experiences and maximize resource allocation.

Government Initiatives and Regulatory Support: Government initiatives and regulatory assistance play a vital role in driving the Referral Management Market. The implementation of policies that encourage the adoption of healthcare IT and the promotion of accountable care organizations (ACOs) contribute to the creation of a favorable setting for referral management systems. These regulatory frameworks promote the growth of the market by incentivizing healthcare providers to implement systems that guarantee compliance and enhance care coordination.

Data Security and Privacy Concerns: A significant limitation in the Referral Management Market is the apprehension over data security and privacy. The growing digitization of patient information poses a substantial issue in terms of the danger of data breaches and unauthorized access. These issues can impede market expansion as healthcare providers may be reluctant to employ referral management systems that do not provide complete assurance of data confidentiality and compliance with rigorous laws.

High Implementation and Maintenance Costs: The exorbitant expenses linked to the establishment and upkeep of referral management systems provide a substantial obstacle to market expansion. For numerous healthcare providers, especially smaller clinics, the initial capital expenditure and continuous costs can be restrictive. The financial load hampers the rate at which adoption occurs, especially in areas with constrained healthcare resources, hence impeding market growth.

Complexity of System Integration: The integration of referral management systems with current healthcare infrastructure is a significant obstacle in the industry. Healthcare providers often have difficulties in smoothly integrating these technologies with their existing EHRs and other digital tools, which can result in possible disruptions in operations. The complexity of this integration can discourage the adoption of new technologies, especially in facilities that still use outdated systems, which in turn restricts the expansion of the market.

Geographical Dominance:

Geographically speaking, North America dominates the referral management market due to its sophisticated healthcare infrastructure, high rate of digital health technology use, and robust regulatory environment. The region’s dominance has a substantial impact on market growth since it promotes innovation and establishes industry standards. Advancements are further accelerated by the well-established presence of leading market players in North America, which influences worldwide adoption trends and fuels total market expansion.

Key Players

The “Global Referral Management Market” study report will provide a valuable insight with an emphasis on the global market.  The major players in the market are Ambition, BetterUp, Boxever, Brand24, Extole, Fivestars, Greateasy, Influitive, Joolea, Kickback, Mention, NPSoftware, Outfunnel, ReferralCandy, RewardSheep, Socialbakers, Smarter Referrals, and Talkable.

Global Referral Management Market Segment Analysis

Based on the research, Verified Market Research has segmented the global Referral Management Market into Component, Type, Delivery Mode, End-user, and Geography.

Referral Management Market, by ComponentSoftwareServicesReferral Management Market, by TypeInbound ReferralsOutbound ReferralsReferral Management Market, by Delivery ModeWeb-basedCloud-basedOn-premiseReferral Management Market, by End-UserProvidersPatientsPayersOthersReferral Management Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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Donors Give a Record-breaking $37 Million During Minnesota’s Annual Give to the Max Day

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The statewide giving day raised money for 6,556 Minnesota nonprofits and schools

MINNEAPOLIS, Nov. 22, 2024 /PRNewswire/ — Tens of thousands of donors from Minnesota and around the world gave more than $37 million to 6,556 organizations during Give to the Max Day yesterday, the 16th annual statewide giving event for Minnesota nonprofits and schools. This year’s giving total surpassed last year’s $34.2 million, setting a new record, previously held in 2021.

Organizers at GiveMN are delighted with the outcome, particularly in light of national trends suggesting that donations may remain flat or decline again this year. This remarkable display of generosity bolsters the resilience of nonprofits and schools across Minnesota, many of which depend on Give to the Max as their largest annual fundraiser.

Give to the Max Day 2024 drew donors both within Minnesota and around the world. Contributions and participation spanned all 87 Minnesota counties, every U.S. state, and 36 countries worldwide.

Originally conceived and launched in 2009 as a one-time campaign to raise awareness for the new GiveMN.org fundraising platform, Give to the Max Day has since evolved into Minnesota’s yearly celebration of generosity and a powerful demonstration of support for organizations throughout the state and the 11 Native nations that share the same geography. Donors have given more than $365 million to more than 10,000 organizations since the inaugural Give to the Max Day in 2009, making it one of the first and largest giving days in the nation.

“While more than $37 million raised is an incredible achievement, it’s just the beginning of the story,” said Jake Blumberg, executive director of GiveMN. “The true power of yesterday’s generosity lies in the countless lives and communities that will be transformed across Minnesota. Thanks to the support of thousands of donors, nonprofits and schools are equipped to create lasting change in our state.”

GiveMN distributed over $100,000 in prize grants to Minnesota organizations with “Golden Ticket” drawings every 15 minutes, adding a surprise element of generosity for more than 150 donors. This year, the grand prize Super-Sized Golden Ticket awarded a $10,000 bonus to Our Justice in Minneapolis.

Give to the Max Day was presented with support from sponsors at the Bush Foundation, the Saint Paul & Minnesota Foundation, Initiative Foundation, Northwest Minnesota Foundation, Southern Minnesota Initiative Foundation, Southwest Minnesota Initiative Foundation, and West Central Initiative.

GiveMN.org is online and available year-round as a central hub for generosity in Minnesota. Donors may create a free account to set up monthly gifts, set up fundraisers for their favorite causes and download reports of their giving history. Visit GiveMN.org to learn more.

About GiveMN
GiveMN is an independent nonprofit organization working to ignite generosity and grow giving through GiveMN.org, Minnesota’s giving marketplace, and RaiseMN, a fundraising coaching and training program.    

Since 2009, more than 770,000 donors have made gifts with ease and enthusiasm through givemn.org to make a difference for causes in their communities. Through this online marketplace for generosity, and giving events like the annual Give to the Max Day, GiveMN has helped to generate more than $430 million for more than 14,000 nonprofits and schools.

RaiseMN serves Minnesota nonprofits through individualized coaching and programs to transform nonprofit fundraising. Focusing on small- to medium-sized organizations, RaiseMN builds more healthy and sustainable fundraising practices so nonprofits can continue to pursue and expand their mission in their communities.

Launched in 2009 by the Saint Paul & Minnesota Foundation, GiveMN is supported by many generous foundation and corporate partners, contributions from individual donors, and revenue from its programs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/donors-give-a-record-breaking-37-million-during-minnesotas-annual-give-to-the-max-day-302313997.html

SOURCE GiveMN

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Bendable Labs Honored as a Winner in Responsible Technology in the Fourth Annual Anthem Awards

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Bendable Labs announced today that it has been named by the International Academy of Digital Arts and Sciences as a bronze winner in the fourth annual Anthem Awards.

LOS ANGELES, Nov. 22, 2024 /PRNewswire-PRWeb/ — Bendable Labs announced today that it has been named by the International Academy of Digital Arts and Sciences as a bronze winner in the fourth annual Anthem Awards.

“Technology is at its best when it’s used to connect people to people, not just people to platforms.”

The company was recognized in the “Responsible Technology – Partnership or Collaboration” category for a project in Carlsbad, California, which equipped the local public library with a digital job-readiness platform for its patrons. Goals included helping the library play a more effective role in the local workforce ecosystem, fostering economic mobility for entry-level job seekers and providing insights to successfully scale the model to other communities.

“What this project in San Diego County demonstrated is that technology is at its best when it’s used to connect people to people, not just people to platforms,” said Sarah Zaner, co-president of Bendable Labs, a social purpose corporation that designs, builds and tests solutions in the areas of lifelong learning, workforce development and job quality. “We’re grateful to all of our local partners, especially the Carlsbad Department of Innovation & Economic Development and the Carlsbad City Library, for helping us realize this vision.”

The fourth Annual Anthem Awards was the most competitive yet, with more than 2,300 entries submitted from 34 countries.

“As a startup, it’s both exciting and validating to see us being honored alongside such outstanding organizations as AARP, Samsung and the United Nations Development Programme, and UNICEF USA,” said Rick Wartzman, Bendable Labs co-president. “These are challenging times, and we’re all trying to make a difference in our own way.”

Wartzman and Zaner noted that the library-based workforce development model that was piloted in Carlsbad is now being rolled out in west Tennessee, where Ford Motor is building a $5.6 billion “mega campus” to assemble an expanded lineup of electric F-Series vehicles. Bendable Labs is partnering with the Tennessee State Library to create job-readiness pathways at 18 libraries throughout the region. Entry-level job seekers will be able to earn a library-backed microcredential, signaling that they have in-demand skills and are ready to go to work or acquire more advanced training.

About Bendable Labs

Bendable Labs aims to improve economic stability, mobility and opportunity for people across the United States Spun out of the Drucker Institute at Claremont Graduate University, we are registered in California as a social purpose corporation. For more, please visit bendablelabs.com.

About The Anthem Awards

Launched in 2021 by the Webby Awards, a program of the International Academy of Digital Arts and Sciences, the Anthem Awards honors the purpose and mission-driven work of people, companies and organizations worldwide. By amplifying the voices that spark global change, we’re defining a new benchmark for impactful work that inspires others to take action in their own communities. The Anthem Awards honors work across seven core causes: Diversity, Equity & Inclusion; Education; Art & Culture; Health; Human & Civil Rights; Humanitarian Action & Services; Responsible Technology; and Sustainability, Environment & Climate. This season’s partners include Ms. Magazine, The Female Quotient, Sustainable Brands, NationSwell, and TheFutureParty. The Awards were founded in partnership with the Ad Council, Born This Way Foundation, Feeding America, Glaad, Mozilla, NAACP, NRDC, WWF and XQ.

Media Contact

Phalana Tiller, Bendable Labs, 1 3238960626, phalana@bendablelabs.com, https://bendablelabs.com

Twitter, LinkedIn

View original content:https://www.prweb.com/releases/bendable-labs-honored-as-a-winner-in-responsible-technology-in-the-fourth-annual-anthem-awards-302313513.html

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PetSafe® Unleashes Early Black Friday & Cyber Monday Deals – Big Savings on Must-Have Pet Essentials!

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Exclusive Discounts on GPS Tracking, Automatic Litter Boxes, Cat Toys, Booster Seats, and More

KNOXVILLE, Tenn., Nov. 22, 2024 /PRNewswire/ — PetSafe®, a trusted leader in pet care products and solutions, is excited to announce its early Black Friday and Cyber Monday deals, starting November 17th. Pet parents can now score exclusive discounts on a wide range of popular products to keep their furry companions healthy, happy, and safe this holiday season.

Among the standout deals, pet owners can save $100 on the PetSafe® Guardian® GPS + Tracking system, reducing its original price of $399.95 to just $299.95. Additionally, pet fountains, such as the Outlast model, will be available at 15% off, providing a refreshing solution for pets at an affordable price. Select ScoopFree® Litter Boxes, known for their self-cleaning technology, will feature discounts of up to $80, making them an even more appealing choice for cat owners.

Furthermore, PetSafe® is offering a range of items at 15% off, including cat doors, Busy Buddy® toys, select cat toys, and booster seats, allowing pet owners to upgrade or replace essential pet care items while enjoying fantastic savings. These deals can be found on the PetSafe® website, with additional discounts available in Costco stores for added convenience.

This early holiday shopping event presents the perfect opportunity for pet parents to stock up on high-quality products that support their pets’ well-being, comfort, and entertainment. From innovative GPS tracking solutions to interactive toys, PetSafe® offers something for every pet this season.

For more information on PetSafe’s Black Friday and Cyber Monday deals, visit PetSafe.com or follow PetSafe® on social media for the latest updates.

About PetSafe®
PetSafe® is the flagship retail brand of PetSafe Brands™, the world’s leading cat and dog products supplier. As a family of consumer brands that also includes Invisible Fence Brand®, SportDOG®, Kurgo® and Premier Pet®, PetSafe Brands™ is dedicated to unleashing joy for pet families everywhere by keeping pets healthy, safe and happy for a lifetime.

Contact:
Janna Chollet
917-826-8511
JChollet@PetSafe.net

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