Healthcare claims management process involves various tasks such as billing, organization, updating, filling and processing of medical claims related to thetreatment, diagnosis and medication of patients. Factors such as an ageing population, an increase in the prevalence of chronic diseases, an increased attention on healthcare quality services, and the launch of innovative treatments and technology are driving the global market.
MARKET SCOPE
The "Global Healthcare Claims Management Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare claims management market with detailed market segmentation by component, type, delivery mode and end user. The report provides key statistics on the market status of the leading healthcare claims management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on component the market is segmented as, services and software.
? Based on type the market is segmented as, integrated solution and standalone solution.
? Based on delivery mode the market is segmented as, on premise and cloud based.
? Based on end user the market is segmented as, healthcare payers, healthcare providers and other end users.
MARKET DYNAMICS
Drivers:
? Growing prevalence of chronic diseases and increasing geriatric population across the globe.
? Improved focus on healthcare quality service and booming health insurance market is also expected to create significant growth opportunities for market growth.
? Surge in number of medical claims, rising number of patients covered under medical insurance are also expected to spur the market growth.
Restraints:
? However, dearth of skilled professionals along with issues with data privacy and security are likely to restrain market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The healthcare claims management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the healthcare claims management market in these regions.
IMPACT OF COVID-19ON HEALTHCARE CLAIMS MANAGEMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the healthcare claims management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from healthcare claims management market are anticipated to lucrative growth opportunities in the future with the rising demand for healthcare claims management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the healthcare claims management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Gebbs Healthcare Solutions
? athenahealth, Inc.
? Cerner Corporation
? Cognizant
? Conifer Health Solutions, LLC
? eClinicalWorks
? McKesson Corporation
? Optum, Inc.
? Oracle
? The SSI Group, LLC