Healthcare Payer BPO Market Continues To Evolve In The Next Upcoming Years By 2019 - 2027 | Xerox Corporation, Hinduja Global Solutions, DSM Pharma, Accenture, Cognizant Technology Solutions, Wipro

Rising geriatric population is anticipated to be the key driver, due to susceptibility to numerous health issues including cardiovascular diseases (CVD), respiratory disorders, cancers, eye care problems, orthopedic disorders, etc. Increasing prevalence of these diseases has led to growing amount of work for the insurance companies. In order to handle such large volume of patients and claims data, and to assure rapid turnaround time, the payer companies need to invest in infrastructure, technology and skilled personnel, leading to higher operational cost which is expected to accelerate the healthcare payer BPO market.

Many public and private organizations outsource administrative operations to payers so as to reduce the economic burden, to increase operational efficiency, to provide universal access to healthcare, and to rationalize the complete service delivery to the clients. Outsourcing vendors establish services to provide 24 hours customer support to patients, providers, and other shareholders. Data security and confidentiality concerns are restraints for healthcare payer BPO market growth.

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Key participants in the industry are Xerox Corporation, Hinduja Global Solutions, DSM Pharma, Accenture, Cognizant Technology Solutions, Wipro, Genpact, EXLService, Hewlett-Packard, Catalent, and HCL.

These corporations accumulate significant share owing to their robust capability in BPO delivering functions, technology platforms, and the ability to meet high regulatory and compliance values of the U.S. and European regions. Other prominent companies contributing to global healthcare payer BPO market share are Lonza, Inventive, BoehringerIngelheim, GeBBS Healthcare, Quintiles and Medusind.

Key drivers crediting to the development of the market incorporate expanding worldwide aged populace, rising healthcare costs, regulatory changes, and the need to improve payer's operational productivity and consumer loyalty. The continually rising aged populace is anticipated to fill in as a high-sway rendering factor for market development.

North America healthcare payer BPO market led the global industry with over 50% of the total revenue generated in 2015. Factors such as high number of number of public and private medical expenses, presence of strong repayment agenda, high number of claim records and favorable government policies played key role in this share. U.S. and Canada spend huge capital on medical reimbursement thus ensure strict agreement and implementation of healthcare policies.

Asia Pacific is forecast to be the most attractive region, mainly due to high economic growth, increase in public and private medical expenses, growing number of insurance services in rural and urban areas, and government policies.

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Table of Content
Chapter One Introduction of Healthcare Payer BPO Industry
Chapter Two Manufacturing Technology of Healthcare Payer BPO
Chapter Three Analysis of Global Key Manufacturers
Chapter Four 2013-2018 Global and Chinese Market of Healthcare Payer BPO
Chapter Five Market Status of Healthcare Payer BPO Industry
Chapter Six 2018-2027 Market Forecast of Global and Chinese Healthcare Payer BPO Industry
Chapter Seven Analysis of Healthcare Payer BPO Industry Chain
Chapter Eight Global and Chinese Economic Impact on Healthcare Payer BPO Industry
Chapter Nine Market Dynamics of Healthcare Payer BPO Industry
Chapter Ten Proposals for New Project
Chapter Eleven Research Conclusions of Global and Chinese Healthcare Payer BPO Industry

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