Healthcare Reimbursement Market Report 2024: Strategies And Recent Developments | UnitedHealth Group Incorporated, Aviva plc, Allianz SE, CVS Health Corporation, BNP Paribas Group

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Healthcare Reimbursement Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
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%. The growth in the forecast period can be attributed to value-based care, telehealth expansion, healthcare policy and reform, alternative payment models. Major trends in the forecast period include telehealth reimbursement, alternative payment models (apms), medicare access and chip reauthorization act (macra), preauthorization and utilization management.

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Market Segmentation:
The main claims types of healthcare reimbursement are underpaid, and full paid. The underpaid healthcare reimbursement includes payment for healthcare that is partially reimbursed by the government or insurance companies. The various types of payers include private payers, public payers and involves several service providers such as physician offices, hospitals, diagnostic laboratories, others.

Major Driver - Rising Costs And Supportive Government Initiatives
The increasing cost of healthcare and supportive government programs are the key factors that are driving the healthcare reimbursement market growth. According to the Journal of the American Medical Association (JAMA), US healthcare costs are expected to reach $6 trillion, which is $17,000 per person by 2027. According to Centres for Medicare & Medicaid Services, a Federal agency of the US government administering the Medicaid program, healthcare costs in 2021 touched $4.3 trillion. The rising healthcare cost and supportive government policies increase the number of people opting for payer services and thereby contribute to the growth of the healthcare reimbursement market.

Competitive Landscape:
Major companies operating in the healthcare reimbursement market include UnitedHealth Group Incorporated, Aviva plc, Allianz SE, CVS Health Corporation, BNP Paribas Group, Aetna Inc., Nippon Life Insurance Company, WellCare Health Plans Inc., AgileHealthInsurance, Blue Cross Blue Shield Association, Kaiser Foundation Health Plan Inc., Anthem Inc., Centene Corporation, Humana Inc., Health Care Service Corporation, Cigna Corporation, Molina Healthcare Inc., Independence Health Group Inc., Health Net LLC, Universal American Corporation, Blue Shield of California, Tufts Health Plan Inc., Fallon Community Health Plan Inc., CareSource, Health Alliance Plan (HAP), Geisinger Health Plan, SelectHealth

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Top Trend - Value-Based Care Models In Healthcare Reimbursement
Companies in the healthcare reimbursement market are providing options of value-based care models to cater to better experiences for the patients. Value-based care models are based on the quality of patient's treatment and how well healthcare providers can improve their quality by adhering to certain metrics such as reducing hospital readmissions, improving preventative care, and using particular kinds of certified health technology and help lower healthcare costs. For instance, UnitedHealth stated that revenue per consumer served increased by 29% in 2022, driven by growth in patients served under value-based arrangements .

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare Reimbursement Market Characteristics
3. Healthcare Reimbursement Market Trends And Strategies
4. Healthcare Reimbursement Market - Macro Economic Scenario
5. Healthcare Reimbursement Market Size And Growth
…..
27. Healthcare Reimbursement Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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