Healthcare Reimbursement Market Size Estimated to Reach USD $23.36 billion by 2028, Growing at a CAGR of 15.0% | Key Players are UnitedHealth Group Incorporated, Aviva PLC, Allianz SE, CVS Health Corporation, BNP Paribas Group

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company's Healthcare Reimbursement Global Market Report 2024 identifies increasing prevalence of chronic diseases as the major driver for the Healthcare Reimbursement market's growth in the forecast period. Chronic diseases are long-term health conditions that often require ongoing medical attention and treatment. These include diseases like diabetes, heart disease, cancer, respiratory disorders, and various others. Chronic diseases often require continuous medical care, including doctor visits, hospitalizations, medications, and medical procedures.

The healthcare reimbursement market size has grown rapidly in recent years. It will grow from $11.33 billion in 2023 to $13.33 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to fee-for-service model, health insurance expansion, third-party payers, cost containment efforts. The healthcare reimbursement market size is expected to see rapid growth in the next few years. It will grow to $23.36 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%.

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Major competitors in the Healthcare Reimbursement market are UnitedHealth Group Incorporated, Aviva PLC, Allianz SE, CVS Health Corporation, BNP Paribas Group, Aetna Inc., Nippon Life Insurance Company.

A key trend in the Healthcare Reimbursement market includes integrating AI with the health reimbursement process. Major companies operating in health reimbursement market are integrating AI with the health reimbursement process to drive the revenues in the market. AI can enhance health reimbursement by enabling predictive fraud detection through data analysis and automating claims processing, ensuring accuracy and efficiency. For instance, in August 2023, Codoxo, a USA-based company that specializes in AI launched ClaimPilot. ClaimPilot is a generative AI product aimed at making healthcare cost containment and payment integrity programs exponentially more efficient while easing healthcare workforce constraints. Additionally, the AI will initially focus on automating in-patient and facility claim audits. ClaimPilot aims to drive an exponential increase in audit turnaround times and clinician audits per day, while eliminating dollar thresholds that restrict claims analysis to higher dollar ranges .

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The Healthcare Reimbursement market is segmented -

• By Claims: Underpaid, Full Paid
• By Payers: Private Payers, Public Payers
• By Service Provider: Physician Office, Hospitals, Diagnostic Laboratories, Other Service Providers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Healthcare Reimbursement market.

The Business Research Company's "Global Healthcare Reimbursement Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Healthcare Reimbursement Market Include:

1. Executive Summary
2. Healthcare Reimbursement Market Characteristics
3. Healthcare Reimbursement Market Trends And Strategies
4. Healthcare Reimbursement Market - Macro Economic Scenario
5. Global Healthcare Reimbursement Market Size and Growth
……………………………………….
31. Global Healthcare Reimbursement Market Competitive Benchmarking
32. Global Healthcare Reimbursement Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Healthcare Reimbursement Market
34. Healthcare Reimbursement Market Future Outlook and Potential Analysis
35. Appendix

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