Patient Access Solutions Market Report on Analysis, Forecast, Overview and Key Insights to 2022

Report analyzes patient access solutions market by product & service, delivery mode, end user, and region. On basis of product & service, services segment accounted for the largest share of the global patient access solutions market in 2016. Introduction of complex software and the need for system integration are expected to boost the services market in the near future.

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Patient access solutions market is expected to reach USD 1.74 Billion by 2022 from an estimated USD 1.14 Billion in 2016, at a CAGR of 7.6%. Regulatory compliance encouraging use of patient access solutions, increasing patient volume & subsequent growth in demand for health insurance, growing importance of denials management, declining reimbursement rates, & need to curtail escalating healthcare costs are major factors driving growth of patient access solutions market.

Patient access solutions market include software and services that help healthcare organizations to maintain their financial balance by reducing operational costs and minimizing claims rejection. These solutions are used to verify a patient’s insurance coverage eligibility, enable efficient claims processing, and manage medical necessity & denials.

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In addition, patient access solutions market help to reduce documentation errors related to medical necessity denials & streamlines front-end staff workflow with automated tracking & authorization which in turn is expected to boost adoption of patient access solutions among healthcare providers. However, factors like high deployment costs of these solutions and lack of adequate clinicians with advanced IT skills may hinder adoption of these solutions among healthcare providers.

Top players in patient access solutions market are McKesson (US), Epic Systems (US), Cerner (US), Cognizant (US), Experian plc (Ireland), Optum, Inc. (US), Conifer (US), The Advisory Board Company (US), The 3M Company (US), Craneware, Inc. (UK), The SSI Group, LLC (US), ZirMed, Inc. (US), Cirius Group, Inc. (US), and AccuReg Software (US).

Target Audience Covered for Patient Access Solutions Market Healthcare service providers, Healthcare service payers/insurance companies, Patient access solutions software and service providers, Healthcare IT outsourcing companies, Clearing houses, Venture capitalists, Government bodies and Business research and consulting firms.

More Information “Patient Access Solutions Market by Product & Service (Eligibility Verification, Medical Necessity, Prior-authorization, Denial Management), Delivery Mode (Web & Cloud, On-premise), End User (Providers, Outsourcing Companies) - Global Forecast to 2022” report http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1284673 .

Asia Pacific market is comparatively new to patient access solutions; however, this region is expected to register highest growth in coming years. Countries like Japan, Australia, New Zealand, South Korea, & Singapore are expected to provide significant growth opportunities for patient access solutions vendors.

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

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This release was published on openPR.