Press release
Healthcare Fraud Analytics Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | International Business Machines Corporation, Optum Inc., Statistical Analysis Software Institute Inc., Change Healthcare
Healthcare Fraud Analytics Global Market Report 2024
As per the report, the healthcare fraud analytics market size has grown exponentially in recent years. It will grow from $3 billion in 2023 to $3.8 billion in 2024 at a compound annual growth rate (CAGR) of 26.6%. The healthcare fraud analytics market size is expected to see exponential growth in the next few years. It will grow to $9.66 billion in 2028 at a compound annual growth rate (CAGR) of 26.3%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6774&type=smp
Rise In Fraudulent Activities In The Healthcare Sector Drives The Healthcare Fraud Analytics Market
A large number of fraudulent activities in the healthcare sector contribute to the growth of the healthcare fraud analytics market. Medical providers, patients, and third parties who intentionally deceive the healthcare system into acquiring unlawful benefits can commit fraud based on deception or misrepresentation. These fraud and abuse involve kickbacks, billing, billing for services not provided, medical testing, and other fraudulent activities. For instance, according to Blue Cross Blue Shield Association, a US-based federation, in 2021, The National Heath Care Anti-Fraud Association estimated that health care fraud costs the nation about $68 billion annually, about 3 percent of the nation's $2.26 trillion in health care spending. Other estimates range as high as 10 percent of annual health care expenditure, or $230 billion. Thus, the increasing number of fraudulent activities in healthcare is contributing to the healthcare fraud market growth.
Rising Investments Transforming Healthcare Fraud Analytics Market
Major players in the healthcare fraud analytics market are focusing on investments to expand in the market. Rising investments in healthcare fraud analytics denote the increasing allocation of financial resources towards advanced analytical tools and technologies aimed at detecting and preventing fraudulent activities within the healthcare sector. For instance, in January 2021, Healthcare Fraud Shield, a US-based company that provides new and unique Fraud, Waste and Abuse (FWA) automated solutions to the healthcare industry, received a $50 million investment from Charlesbank Technology Opportunities Fund, a fund managed by Charlesbank Capital Partners, a New York-based middle market private investment firm. Through this investment, Healthcare Fraud Shield will be able to quickly create new features and implement the capabilities of its platform, such as the newly released AIShield product and the ground-breaking PreShield product, across insurance policies that cover millions of people.
The healthcare fraud analytics market covered in this report is segmented -
1) By Solution Type: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics
2) By Delivery Model: On-Premise, On-Demand
3) By Application: Insurance Claims Review, Postpayment Review, Prepayment Review, Pharmacy Billing Misuse, Payment Integrity, Other Applications
4) By End User: Public & Government Agencies, Private Insurance Payers, Third-Party Service Providers
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6774&type=discount
Major companies operating in the healthcare fraud analytics market report are International Business Machines Corporation, Optum Inc., Statistical Analysis Software Institute Inc., Change Healthcare, EXL Service Holdings Inc., Cotiviti Inc., DXC Technology Company, Wipro Limited, Conduent Incorporated, Consultants to Government and Industry Inc., HCL Technologies Limited, Qlarant Inc., Northrop Grumman Corporation, LEXIS-NEXIS Group, Healthcare Fraud Shield, Sharecare Inc., FraudLens Inc., HMS Holding Corp., Codoxo, H20. ai, Pondera Solutions Inc., Friss International B. V., MultiPlan Inc., FraudScope, Osp Labs Private Limited, Fair Isaac Corporation, Mckesson Corp, Relx Group PLC, FraudHunt, FraudGuardian
Contents of the report:
1. Executive Summary
2. Healthcare Fraud Analytics Market Report Structure
3. Healthcare Fraud Analytics Market Trends And Strategies
4. Healthcare Fraud Analytics Market - Macro Economic Scenario
5. Healthcare Fraud Analytics Market Size And Growth
…..
27. Healthcare Fraud Analytics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/healthcare-fraud-analytics-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare Fraud Analytics Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | International Business Machines Corporation, Optum Inc., Statistical Analysis Software Institute Inc., Change Healthcare here
News-ID: 3608846 • Views: …
More Releases from The Business Research Company
Next-Gen Biometric Authentication Market Size Forecasted To Achieve $25.99 Billi …
The Next-Gen Biometric Authentication Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Next-Gen Biometric Authentication Market Size and Projected Growth Rate?
The market size for next-generation biometric authentication has seen an impressive increase in recent times. The market is projected to expand from…
Rising Cases Of Premature Births Driving Growth In The Market Due To Increasing …
The Necrotizing Enterocolitis Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Necrotizing Enterocolitis Market Size and Its Estimated Growth Rate?
The market for necrotizing enterocolitis has seen a robust expansion in recent years. Projected to escalate from $4.83 billion in 2024 to…
Multi-Axis Force Torque Sensor Market Forecast 2025-2034: Comprehensive Analysis …
The Multi-Axis Force Torque Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Multi-Axis Force Torque Sensor Market?
In recent times, the market size for the multi-axis force torque sensor has shown substantial growth. It is projected to expand…
Evolving Market Trends In The Metal Power Transmission Chain Industry: Innovativ …
The Metal Power Transmission Chain Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Metal Power Transmission Chain Market Size During the Forecast Period?
Recent years have seen a robust growth in the size of the metal power transmission chain market. Expected to…
More Releases for Fraud
Fraud Increased by 3% in 2021 - Says Shufti Pro's Global ID Fraud Report
AI-powered digital identity verification solution provider, Shufti Pro, revealed new data in its Global ID Fraud Report 2021 which shows insights from ample research of 11 months of verification. The report highlights the changing fraudulent activities and advanced manipulation techniques that the company faced in 2021. Experts from Shufti Pro have also made fraud predictions that will threaten the corporate sector in 2022.
The ceaseless increase in ID and…
IPTEGO Launching PALLADION Fraud Detection and Prevention for a Real-Time Protec …
IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
Berlin, Germany, February 08, 2012 -- IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
With PALLADION Fraud Detection & Prevention, IPTEGO provides an answer to a growing demand for more network security when it comes to toll fraud. Today’s Communication Service Providers (CSPs) are…
Online Fraud Prevention – Sentropi
Are security nightmares causing you sleepless nights? Are you worried about how secure your I.T infrastructure is? Sentropi aims to address these ever present security concerns with its uniquely different identification and tracking solution. Sentropi's innovative technology allows you to identify your users with pinpoint accuracy and lets you track fraudsters on any platform, any browser, any time and any where! Hunt down fraudsters by tracking down their computers rather…
Business and Investment Fraud Overseas
Business and investment fraud overseas seems to be a growing problem for American businesspeople.
Atlanta, GA, August 31, 2011 - Business and investment fraud overseas seems to be a growing problem for American businesspeople. In addition to all of the scams originating abroad that target American businesses--such as accounts payable and accounts receivable scams--there are many accounts of Americans being ripped off after they do business in foreign countries.
For example many…
Fight Private Placement Program Fraud - PPP Fraud!
Stand up to private placement program fraud!
To set an undertone for the following summary; logic begets logic. No trading platforms nor programs, whether public or private have the freedom of complete exclusion from regulatory oversight, licensing, and governance.
Our firm has significant interest in a few platforms, as principals. There are indeed private financial offerings which have historically delivered very significant performance using "Institutional Leverage, Traders, Risk Management, Clearing & Execution"…
Securities Fraud Law Firm Zwerling, Schachter & Zwerling Representing Madoff Fra …
Attorney Robert S. Schachter says Bank Medici and Bank Austria Implicated in Madoff Fallout
NEW YORK – An international probe by the law firm Zwerling, Schachter & Zwerling is focusing on whether major Austrian banks used financial funds in Europe to fraudulently funnel billions into Bernard L. Madoff’s bogus investment enterprises, resulting in billions in losses for European parties.
The New York-based law firm already is working with nearly a dozen individuals,…
