The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s healthcare claims management solutions market report forecasts the healthcare claims management solutions market size to grow to $18.71 Billion by 2027, with a CAGR (compound annual growth rate) of almost 6%.

Learn More On The Healthcare Claims Management Solutions Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-claims-management-solutions-global-market-report

Healthcare Claims Management Solutions Market Size Forecast
The global healthcare claims management solutions market is expected to grow from $14.04 billion in 2022 to $14.85 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare claims management solutions market size is expected to grow to $18.71 billion in 2027 at a CAGR of 5.9%.

North America held the largest healthcare claims management solutions market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Healthcare Claims Management Solutions Market Driver ­– Rapid Increase In The Ageing Population
For instance, according to the United Nations World Population Ageing 2020 report, a US-based intergovernmental organization, the world population aging in 2020 was about 727 million people aged over 65 years and expected to reach 1.5 billion in 2050. Throughout the world, there is an increased population of over-aged 65 years which stood at 9.3% in 2020 and is expected to reach 16.0% by 2050. Therefore, a rapid increase in the ageing population is driving the healthcare claims management market.

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Key Healthcare Claims Management Solutions Market Trend – Advancements In Technology For Innovative Treatments In Healthcare
Major companies operating in the healthcare claims management solutions market are coming up with new technologies to provide innovative treatments for their customers and to sustain their position in the market. For instance, in January 2022, Treatment.com International Inc., a US-based healthcare software solutions provider including healthcare claims management launched their doctor-built digital health app named the treatment digital health app. This app is a revolutionary digital health app that uses AI software technology which gives wide access to provide highly accurate insights about the users’ health. This provides diagnoses, and treatments customized for the user.

Healthcare Claims Management Solutions Market Segment
1) By Type: Software, Services
2) By Deployment Mode: Web-Based, Cloud-Based, On-Premise
3) By End-User: Healthcare Payers, Healthcare Providers, Other End-Users

Healthcare Claims Management Solutions Market Major Players and Strategies
Major players in the healthcare claims management solutions market are Oracle Corporation, Allscripts Healthcare Solutions Inc., Quest Diagnostics, McKesson Corporation, eClinicalWorks LLC, The SSI Group LLC, GE Healthcare, Optum Inc., Cerner Corporation, Accenture plc, International Business Machines Corporation (IBM), CareCloud Inc., Genpact Limited, PLEXIS Healthcare Systems, and Avaya Inc.

In February 2022, Hellman & Friedman, a US-based private equity firm, and Bain Capital, a US-based private investment firm acquired Athenahealth for a deal amount of $17 billion. This acquisition provides Hellman & Friedman and Bain Capital with the largest and most innovative provider of cloud-based electronic medical records and physician practice solutions across healthcare. Athenahealth is a US-based healthcare technology provider operating in the healthcare claims management solutions market.

The Healthcare Claims Management Solutions Global Market Report 2023 covers regional data on healthcare claims management solutions market size, healthcare claims management solutions market trends and drivers, opportunities, strategies, and healthcare claims management solutions market competitor analysis. The countries covered in the healthcare claims management solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Healthcare claims management solutions refer to solutions that strive to provide complete automation of claims processing and speedier access to client information while maintaining the protection of private medical information.

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