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DUBLIN--(BUSINESS WIRE)--Oct 18, 2022--
The "Healthcare Claims Management Solutions Market By Type, By Deployment Mode: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
The healthcare claims management solutions market was valued at $12, 690.3 million in 2020, and is projected to reach $20, 284.18 million by 2030, registering a CAGR of 4.7 % from 2021 to 2030.
The healthcare claims management solutions are used for optimization, organization, billing, and updating the medical claims related to patients' diagnosis, treatment, and medications. Different types of software solutions are applied for the medical claims for customer or patients. The widely used software include, Waystar, Kareo, TriZettoQNXT, NextGenHealthcare HER, eClinicalWorksRCM, anthenaCollector, Availity, AdvancedMD.
A healthcare insurance claim request of the patient is submitted to the insurance company to obtain services from insurance company, which is done using software. The advantages of healthcare claim management system include, increase in efficiency and accuracy, improved organization-wide communication and accountability, and healthcare analytics that inform strategy and action for the patients.
Increase in prevalence of chronic disease, changed lifestyle, and technological advancements in healthcare claims management solutions drive the market growth. In addition, rise in geriatric population globally boosts the market growth. Increase in latest and advanced software, development in healthcare claim management initiatives and centers for diagnosis, and increase in the number of patients with chronic diseases are factors that drive the growth of the market.
Increasing concerns regarding the patient data safety & and security increase the threat of cyber-attacks and the potential misuse of patient-related confidential data, which hinders the growth of healthcare claims management solution market. Increase in investment in the Asia-Pacific region offers huge market potential advanced techniques for the growth of the market. Thus, rise in investments in emerging markets to improve healthcare IT infrastructure from various government agencies is expected to create opportunities in the healthcare claims management solutions market.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Deployment Mode
By Region
Key Market Players
For more information about this report visit https://www.researchandmarkets.com/r/ty5nyg
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INDUSTRY KEYWORD: HEALTH INSURANCE HEALTH OTHER HEALTH
SOURCE: Research and Markets
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PUB: 10/18/2022 05:59 AM/DISC: 10/18/2022 05:59 AM
http://www.businesswire.com/news/home/20221018005733/en