Press release
Healthcare EDI Market By Segments, Major Geographies And Current Market Trends 2017
Albany, NY, 23 JAN : Electronic Data Interchange, abbreviated as EDI, is an innovative electronic communication technology, that offers exchange data standards, for exchange of data by any kind of electronic technology. Electronic data exchange permits exchange of important data between two or more companies, situated in two or different countries, by application of certain standards of EDI. EDI can be defined as, exchange of data, by using predetermined message terms and standards, from one computer device to another, without any human or mechanical intervention. Electronic data exchange was launched by National Institute of Standards and Technology in 1996.Healthcare Electronic Data Exchange (EDI) is the systematic application of EDI in the field of healthcare. EDI has played a valuable role in the healthcare industry. It is been very critical to manage the data in healthcare field, such as, patient history records, medication data, emergency services records and others. However, EDI helped to manage this huge data in very efficient, systematic and easily accessible manner. EDI is implemented in almost all sub-divisions of healthcare industry, since it saves lot of time and money, and ultimately propels the growth of healthcare industry. As of now, major applications of EDI in the healthcare industry include insurance and reimbursement sector, dental and medical patient database management, clinical trials and regulatory data management and others.
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The market of healthcare EDI is segmented on the basis of products and end users. In products segmentation, it is further divided on the basis of mode of delivery, such as, P2P EDI, VAN EDI, Cloud EDI, mobile EDI and others. On the basis of transactions, it is sub-divided as, premium payments, eligibility verification, insurance and reimbursement claim status, enrollment related transactions and others. Further, on the basis of end users, it is sub-divided as healthcare service providers (medical infrastructure, clinics, hospitals and other medical assessment centers), pharmacies and medical devices and equipment manufacturers, suppliers, and distributors, and healthcare financers, such as government financers and private financers.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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