MarketsandMarkets Presents
Healthcare Claims Management - Analysis of the Major Leaders of the Industry https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-managementmarket-36752923.html
The report "Healthcare Claims Management Market by Component (Software, and Services), Delivery Mode (On-Premise, and Cloud Based), Type (Integrated, and Standalone), End User (Healthcare Payers, Providers) - Global Forecast to 2023", The healthcare claims management market is expected to reach USD 13.93 billion by 2023 from an estimated USD 10.77 billion in 2018, at a CAGR of 5.3%. Browse: 65 market data tables 29 figures 139 pages And in-depth TOC on ÍžHealthcare Claims Management MarketÍ&#x; Download The PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=36752923
The key factors driving the growth of this market are increasing patient volumes, expanding health insurance market, growing importance of denials management, and declining reimbursement rates. https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
Objectives of the Study: • To define, describe, segment, and forecast the healthcare claims management market by component, delivery mode, type, end user, and region • To provide detailed information about factors (drivers, restraints, opportunities, and challenges) influencing healthcare claims management market growth • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
• To forecast the size of the healthcare claims management market segments with respect to North America, Europe, Asia, and the Rest of the World (RoW) • To strategically analyze the market structure and profile the key players of the global healthcare claims management and comprehensively analyze their core competencies https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
Market Drivers: • Increasing Patient Volumes • Expanding Health Insurance Market
• Process Improvements in Healthcare Organizations • Growing Importance of Denials Management • Declining Reimbursement Rates Talk to Our Research Experts@ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=36752923 Market Opportunities:
• Emerging Countries • Cloud-Based Solutions • Artificial Intelligence in Health Insurance • Rising Adoption of Electronic Health Records https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
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The healthcare claims management market is rapidly emerging with many regional as well as international companies. Players in this market compete with each other to deploy claims management solutions which are of superior quality.
In 2017, the healthcare claims management market was dominated by a few large players, namely, Cerner Corporation (US), McKesson Corporation (US), athenahealth (US),
eClinicalWorks (US), Optum, Inc, (US), Conifer Health Solutions (US), and nThrive (US).
Product deployments, product launches, & approvals; acquisitions; and partnerships,
agreements, and collaborations were the key strategies adopted by key players between 2015 and 2018. The players that adopted these strategies are Cerner Corporation (US), McKesson Corporation (US), athenahealth (US), eClinicalWorks (US), Optum, Inc, (US), Conifer Health Solutions (US), and nThrive (US). https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
athenahealth is one of the major players in the global healthcare claims management market. The company focuses on product deployments, partnerships, and acquisitions to expand its business operations. athenahealth also offers qualitative software tools by adopting advanced technologies. In line with this strategy, athenahealth deployed its products at several universities, medical centers, and non-profit organization to enhance its capabilities and competency in the healthcare claim management market. For instance, in 2016, Michigan State U iversity’s (MSU) HealthTeam (US), a multispecialty faculty group deployed athe ahealth’s athenaOne suite with an aim to support HealthTeam's 260 providers. Moreover, in 2015, The Florida Cancer Specialists & Research Institute (FCS) (US), a privately
held
medical
oncology/hematology
clinic
deployed
athe ahealth’s
athenaCollector revenue cycle and practice management services with an aim to reduce work and improve financial results. https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
Cerner is another major player in the global healthcare claims management. The company caters to the healthcare technology and financial management needs of its global customers. Cerner focuses on research and development activities, product deployments, and acquisitions to enhance its market presence. For instance, in the past three years, the company deployed more than 15 healthcare claims management solutions across various hospitals, care centers, and medical centers. The acquisition of Siemens Health Services in
January 2015 further strengthened its healthcare claim management portfolio.
Some of the other players competing in this market are DST Systems (US), Cognizant
Technology Solutions (US), Allscripts Healthcare Solutions, Inc. (US), Context 4 Healthcare (US), Health Solutions Plus (US), GE Healthcare (US), RAM Technologies (US), Quest Diagnostics (US), The SSI Group (US), PLEXIS Healthcare Systems (US), and GeBBS Healthcare Solutions (US). https://www.marketsandmarkets.com/Market-Reports/healthcare-claim-management-market36752923.html
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