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Technology Solutions In The U.S. Healthcare Payer Market Projected to Attain USD 14.02 Billion by 2032, with 7.0% Compound Annual Growth Rate

04-11-2024 11:31 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Technology Solutions In The U.S. Healthcare Payer Market

Technology Solutions In The U.S. Healthcare Payer Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐“๐ก๐ž ๐”.๐’. ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐๐š๐ฒ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐š๐ง๐ ๐ฌ๐ก๐š๐ซ๐ž ๐ข๐ฌ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ•.๐Ÿ”๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž ๐š๐ง ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐จ๐Ÿ ๐”๐’๐ƒ ๐Ÿ๐Ÿ’.๐ŸŽ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐š๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก. ๐๐ž๐ฌ๐ข๐๐ž๐ฌ, ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ญ๐ž๐ฌ ๐ญ๐ก๐š๐ญ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ฌ ๐š ๐ซ๐จ๐›๐ฎ๐ฌ๐ญ ๐Ÿ•.๐ŸŽ% ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ๐ž๐ ๐ญ๐ข๐ฆ๐ž๐Ÿ๐ซ๐š๐ฆ๐ž, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

Lately, the alteration has profoundly hastened the digital healthcare payer's world. Representatives are questioning customized and result-based services. Conformity, data nearness, and lucidity are becoming prerequisites not only for regulatory conformity but also to enhance enrolment procedures. To decrease functional prices, payers' prevailing communicable core systems require mechanization and amalgamation with a flexible data stratum to improve patient health, circumvent optional pricey cures, or both.

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐†๐ž๐ญ ๐€ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/technology-solutions-in-the-us-healthcare-payer-market/request-for-sample

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐Ÿ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐ˆ๐ง ๐“๐ก๐ž ๐”.๐’. ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐๐š๐ฒ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ซ๐ž:

โ€ข Cognizant
โ€ข HealthEdge Software, Inc.
โ€ข Hyland Software, Inc.
โ€ข Medecision
โ€ข MedHOK, Inc
โ€ข Open Text Corporation
โ€ข Oracle
โ€ข OSP
โ€ข Pegasystems Inc.
โ€ข ZeOmega
โ€ข Zyter

Additionally, conformity with directives is a notable driver of acquisition of technology solutions in the US such s Affordable Care Act (ACA) and the Health Insurance Portability and Accountability Act (HIPAA) inflict stringent requirements on data security, solitude, and compatibility within the healthcare ecology.

๐†๐ž๐ญ ๐€๐ก๐ž๐š๐ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3783/2

๐Š๐ž๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ

โ€ข The need for regulatory directives, the growing attention on consumerism and member arrangement and progression in technology are some of the elements pushing the expansion of technology solutions in the U.S. healthcare payer industry in the coming years.

โ€ข The market analysis is mainly based on type, payer type, and application.

โ€ข The U.S. conquered the market and contributed substantially to the technology solutions in the U.S. healthcare payer market share.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

๐๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž
โ€ข Integrated
โ€ข Standalone

๐๐ฒ ๐๐š๐ฒ๐ž๐ซ ๐“๐ฒ๐ฉ๐ž
โ€ข Commercial
โ€ข Government

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž: Increasing regulatory requirements, such as those outlined in the Affordable Care Act (ACA), HIPAA, and CMS guidelines, are driving the adoption of technology solutions to ensure compliance, data security, and interoperability.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐‚๐จ๐ฌ๐ญ๐ฌ: Escalating healthcare costs are prompting payers to invest in technology solutions that enable cost containment, utilization management, and population health management. By leveraging data analytics and predictive modeling, payers can identify cost-saving opportunities, manage risk, and optimize resource allocation.

๐’๐ก๐ข๐Ÿ๐ญ ๐ญ๐จ๐ฐ๐š๐ซ๐๐ฌ ๐•๐š๐ฅ๐ฎ๐ž-๐๐š๐ฌ๐ž๐ ๐‚๐š๐ซ๐ž: The transition from fee-for-service to value-based care models is driving demand for technology solutions that support care coordination, quality improvement, and population health management. Payers are investing in analytics platforms, care management tools, and patient engagement solutions to drive better outcomes and reduce unnecessary utilization.

๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐„๐ฑ๐ฉ๐ž๐œ๐ญ๐š๐ญ๐ข๐จ๐ง๐ฌ:Growing consumer expectations for personalized, convenient, and transparent healthcare services are driving the adoption of technology solutions that enhance member engagement, communication, and self-service capabilities. Payers are investing in digital channels, mobile applications, and telehealth platforms to empower members with access to health information, decision support, and wellness programs.

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:Rapid advancements in technology, including artificial intelligence (AI), machine learning, blockchain, and cloud computing, are enabling payers to innovate and streamline operations. Payers are leveraging AI and machine learning algorithms for claims processing, fraud detection, and predictive analytics, while blockchain technology is being explored for enhancing data security, interoperability, and transparency in healthcare transactions.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/technology-solutions-in-the-us-healthcare-payer-market

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”.๐’. ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐๐š๐ฒ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The market was dominated by the commercial segment in 2023. Commercial payers serve a diverse clientele, ranging from large corporations to small businesses and individual consumers, which necessitates the deployment of robust technology solutions.

โ€ข The revenue management and billing segment is expected to experience substantial growth in the upcoming years. This is mainly due to payers' increasing need to streamline their revenue management processes and optimize billing operations to maximize revenue capture and minimize revenue leakage.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐œ๐จ๐ฉ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/microscope-market

๐Ž๐ฌ๐ญ๐จ๐ฆ๐ฒ/๐’๐ญ๐จ๐ฆ๐š ๐‚๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/ostomy-care-market

๐๐จ๐ข๐ง๐ญ ๐Ž๐Ÿ ๐‚๐š๐ซ๐ž (๐๐จ๐œ) ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/point-of-care-poc-diagnostics-market

๐๐ž๐ฑ๐ญ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐’๐ž๐ช๐ฎ๐ž๐ง๐œ๐ข๐ง๐  (๐๐ ๐ฌ) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/next-generation-sequencing-ngs-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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The rising tourism activities and an increase in business operations of hotels & restaurants are some of the major factors supporting the expansion of the market. By type analysis, the hotel/resort segment dominated the market. By region analysis, Europe is anticipated to record the highest growth rate in the industry. ๐—”๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ข๐˜‚๐—ฟ ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.polarismarketresearch.com/industry-analysis/spa-market/request-for-sample ๐—ง๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—”๐—ฑ๐—ฑ๐—ฟ๐—ฒ๐˜€๐˜€๐—ฒ๐˜€: โ€ข The global spa market size was valued at USD 68.55 billionโ€ฆ

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