Press release
Healthcare Fraud Analytics Market to Witness Growth Acceleration During 2020-2027 by Top Players - Conduent, DXC Technology, Scioinspire, FICO, Optum
Insurance Claims Review Segment by Application Is Expected to Grow at A Fast Pace Over the Forecast PeriodAccording to a new market research study of 'Healthcare fraud analytics Market to 2027 - Global Analysis and Forecasts by Solution, Mode of Delivery, Application and End User.' The global healthcare fraud analytics market is expected to reach US$ 8,707.73 Mn in 2027 from US$ 1,331.09 Mn in 2019. The market is estimated to grow with a CAGR of 27.0% from 2020-2027. The report provides trends prevailing in the global Healthcare fraud analytics Market and the factors driving market along with those that act as hindrances.
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The List of Companies - Global Healthcare Fraud Analytics Market
1. Conduent Inc.
2. DXC Technology
3. Scioinspire, Corp.
4. FICO
5. Optum, Inc.
6. SAS Institute
7. Pondera Solutions
8. Lexisnexis Risk Solutions
9. Whitehatai
10. Cotiviti, Inc.
The global healthcare fraud analytics Market, based on the application, is segmented into insurance claims review, pharmacy billing misuse, payment integrity, and other applications. The insurance claims review segment held the largest share of the market in 2019. The same segment is estimated to register the highest CAGR in the market during the forecast period owing to increasing number of health insurance frauds. In the year 2018, DFS's Insurance Frauds Bureau, headquartered in New York City, reported 16,184 suspected healthcare insurance frauds which included 14,459 no-fault reports, 1,562 accident and health insurance reports, and 163 disability insurance reports. Furthermore, based on mode of delivery, the market is segmented into on-premise delivery models, and on-demand delivery models. The application segment is segmented into insurance claims review, pharmacy billing misuse, payment integrity, and other applications. The end user segment is segmented into government agencies, private insurance payers, third-party service providers, and employers.
The healthcare fraud analytics Market for is expected to grow, owing to factors such as rising number of healthcare fraudulent cases across the globe and growing health insurance industry are expected to boost the market growth over the years. Moreover, growing hospital industry is likely to have a positive impact on the growth of the market in coming years.
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Table of Content:
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global healthcare fraud analytics Market - By Solution
1.3.2 Global healthcare fraud analytics Market - By Mode of Delivery
1.3.3 Global healthcare fraud analytics Market - By Application
1.3.4 Global healthcare fraud analytics Market - By End User
2. Healthcare Fraud Analytics Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Healthcare Fraud Analytics- Market Landscape
4.1 Overview
4.2 Pest Analysis
4.2.1 North America: PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa (MEA) - PEST Analysis
4.2.5 South and Central America - PEST Analysis
4.3 Expert Opinion
5. Healthcare Fraud Analytics Market - Key Dynamics
5.1 Drivers
5.1.1 Rising Number of Healthcare Fraudulent Cases Across the Globe
5.1.2 Growing Health Insurance Industry in the US
5.2 Restraints
5.2.1 Concerns Regarding Healthcare Fraud Analytics
5.3 Opportunities
5.3.1 Growing Hospital Industry
5.4 Future Trends
5.4.1 AI in Healthcare Fraud Detection
5.5 Impact Analysis
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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