Press release
Healthcare BPO Services Market to witness huge Growth during the forecast period 2018-2025 | Global key players - Accenture, IBM, WNS (Holdings) Ltd., HCL, Invensis Technologies, Cognizant, Infosys, TCS, Genpact, Xerox, Capgemini
This report provides an in-depth overview of the Healthcare BPO Services market. This includes market characteristics, consisting of segmentation, market share, trends and strategies for this market. The Market Size section provides historical forecasts of market growth and future. An in-depth analysis of the major companies operating in the market is also mentioned in this research report
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Some of the key players oerating in the market includes Accenture, IBM, WNS (Holdings) Ltd., HCL Technologies Limited., Invensis Technologies Pvt Ltd, Cognizant, Infosys Limited, Tata Consultancy Services Limited, Genpact, Xerox Corporation, GeBBS Healthcare Solutions, Capgemini, Omega Healthcare, Flatworld Solutions Pvt. Ltd., and Magellan Solutions
The healthcare BPO services market as per the payer service is segmented into claims administration, billing, member management, provider management, fraud management, and others. In 2017, the claims administration segment held a largest market share of 61.2% of the healthcare BPO services, by payer service. This segment is also expected to dominate the market in 2025. This is primarily attributed to the increasing demand for faster, error-free processing and payments, and a better overall customer experience is increasing.
The paper claims or traditional claim administration procedures are time consuming and the Healthcare BPO enables the payers to save time and money, and provide better services to their clients by increasing efficiencies throughout the entire claims lifecycle from claims intake to final payment. On the other hand, fraud management is expected to be the fastest growing payer service in the global healthcare BPO services market.
The provider service segment of the healthcare BPO services market includes medical billing, finance and accounts, medical coding and others. Medical billing segment is anticipated to grow at a CAGR of 10.8% during the forecast period. The healthcare BPO offer medical billing services in order to ease the process of billing and the healthcare organizations also gain insight about their cash flow. Thus the medical billing segment in the healthcare BPO market is expected to boost the growth of this market.
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Table of Contents
1. Introduction
2. Key Takeaways
3. Healthcare BPO Services Market Landscape
4. Market - Key Industry Dynamics
5. Healthcare BPO Services Market Analysis- Global Analysis
6. Healthcare BPO Services Market Revenue and Forecasts to 2027 β By Payer Service
7. Market Revenue and Forecasts to 2027 β By Provider Service
8. Market Revenue and Forecasts to 2027 β By Pharmaceutical Service
9. North America Market Revenue and Forecasts To 2027
10. Europe Market Revenue and Forecasts To 2027
11. Asia Pacific Healthcare BPO Services Market Revenue and Forecasts To 2027
12. Middle East & Africa (Mea) Market Revenue and Forecasts To 2027
13. South and Central America Market Revenue and Forecasts To 2027
14. Market -Industry Landscape
15. Healthcare BPO Services Market -Key Company Profiles
16. Appendix
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Top Manufacturers/Key Players:-
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Wipro
ServiceBPO
Accenture
Infosys BPO
Capri
Theβ¦
