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Healthcare Payer Services Analysis 2020 Top Growing Companies: Cognizant Technology Solutions, Accenture PLC, Exlservice Holdings Inc., Concentrix Corporation (A Subsidiary of Synnex Corporation), Hewlett-Packard
Worldwide Market Reports adds "Healthcare Payer Services Market 2020 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025" reports to its database.This report provides in depth study of "Healthcare Payer Services Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Healthcare Payer Services Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.
The global Healthcare Payer Services market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Healthcare Payer Services market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.
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The Global Healthcare Payer Services Market was valued at USD 11.97 billion in 2016 and is projected to reach USD 32.94 billion by 2025, growing at a CAGR of 11.9% from 2017 to 2025.
Some of the key players in the market are Cognizant Technology Solutions, Accenture PLC, Exlservice Holdings Inc., Concentrix Corporation (A Subsidiary of Synnex Corporation), Hewlett-Packard, Hinduja Global Solutions Limited, Xerox Corporation, Dell Inc., Genpact Limited, HCL Technologies Ltd., Wipro Limited
Healthcare insurance providers/payers are adopting various outsourcing solutions to streamline their business processes and deliver better services to their customers. Outsourcing has surfaced as a successful business model that mitigates the burden of administration, procurement, accounting, logistics and other tasks, and develops cost-effective business processes.
The healthcare payer services (outsourcing) market is segmented on the basis of service type, application, and end users. The healthcare payer services (outsourcing) market, by service type, is segmented into BPO services, ITO services, and KPO services. On the basis of application, the healthcare payer services market is segmented into claims management services, member management services, provider management services, integrated front office services & back office operations, billing & accounts management services, analytics & fraud management services, and HR services. On the basis of end users, the healthcare payer services market is segmented into private and public payers.
The rising insurance enrolments, federal healthcare mandates in the U.S., increasing healthcare frauds and in-house shortage of skilled personnel are the major factors driving market growth. On the other hand, factors like rising incidences of data breach & loss of confidentiality, unforeseen costs associated with outsourcing along with the loss of managerial control in outsourced projects are expected to restrain the growth of the healthcare payer services market. In addition to this, migration from legacy systems is posing as a major challenge for the global healthcare payer market.
Global Healthcare Payer Services Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Healthcare Payer Services Market by Type
4 Major Companies List
4.1 Cognizant Technology Solutions (Company Profile, Sales Data etc.)
4.1.1 Cognizant Technology Solutions Profile
Table Cognizant Technology Solutions Overview List
4.1.2 Cognizant Technology Solutions Products & Services
4.1.3 Cognizant Technology Solutions Business Operation Conditions
Table Business Operation of Cognizant Technology Solutions (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion
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