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(MoneyNewsWire.Net, January 18, 2018 ) According to the report Healthcare BPO Market, published by Market Data Forecast, the Global market is projected to reach USD 181 billion by 2022, at a CAGR of 9.81% from 2017 to 2022.
Some of the healthcare ventures are outsourced to a third entity and this process is called Healthcare BPO where BPO stands for Business Process Outsourcing. Healthcare processing includes the evaluation of patient care as well as the rectification and confirmation of whether they are standardized or not.
Get a comprehensive overview of the Healthcare BPO Market: https://www.marketdataforecast.com/market-reports/global-healthcare-bpo-market-251/
Healthcare BPO Market: Drivers & Restraints
The high surge in the expenses of healthcare have compelled the major companies in shifting their venture operations to affordable places in other regions. Thus the healthcare BPO market has grown a lot since the past few years. Complicated processes of medical trials as well as the reporting needs generally result in companies changing their locations to places where there are lesser restrictions. But, absence of proper administration, and the declining quality of work gradually deter market growth.
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Healthcare BPO Market: Segmentation
By Provider Service
Medical Billing
Medical Coding
Medical Transcription
Finance & Accounts
By Payer Service
Claims Management
Integrated Front-end Services and Back-office Operations
Member Management
Provider Management
Billing and Accounts Management
Analytics and Fraud Management
HR Services
By Pharmaceutical Service
Research and Development
Manufacturing
Non-clinical Services
Sales and Marketing services
Supply Chain Management
Other Non-Clinical Applications
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/global-healthcare-bpo-market-251/customize-report
Healthcare BPO Market: Overview
As of 2017, medical billing sub-segment based on the provider registered the largest share of market. A rapid rise in the insurance has majorly been responsible in the above trend. Based on payer service, claims management section will show enormous growth.
North America is on the lead on the basis of regions across the globe. Asia Pacific has shown a huge market outcome in the past thus attracting a lot of healthcare BPO from other regions.
Healthcare BPO Market: Key Players
Cognizant Technology Solutions, Infosys BPO Ltd., Genpact Limited, Accenture PLC, Tata Consultancy Services Ltd., and Xerox Corporation are few of the market players in Healthcare BPO market.
About Market Data Forecast:
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