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 provider network management market report forecasts the healthcare provider network management market size to grow to $7.07 Billion by 2027, with a CAGR (compound annual growth rate) of more than 15%.

Learn More On The Healthcare Provider Network Management Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-provider-network-management-global-market-report

Healthcare Provider Network Management Market Size Forecast
The global healthcare provider network management market is expected to grow from $3.37 billion in 2022 to $3.94 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. 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 provider network management market size is expected to grow to $7.07 billion in 2027 at a CAGR of 15.7%.

North America held the largest healthcare provider network management market share.

Key Healthcare Provider Network Management Market Driver ­– Rise In The Patient Population
For instance, according to the American Hospital Association, a US-based organization that represents all types of hospitals and health care networks’ 2020 Annual Survey, over 33.35 million hospital admissions were registered in the US during 2020. Therefore, the rising patient population is driving the growth of the healthcare provider network management market.

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Key Healthcare Provider Network Management Market Trend – Technological Advancement
Major market players are concentrating their efforts on creating innovative technologies to sustain their position in the market. For instance, in March 2021, Innovaccer Inc., a US-based digital healthcare company, launched a provider network management solution that is powered by the Innovaccer health cloud and an integrated platform to assist healthcare payers to enhance provider network performance, data collection, and analysis. Payers can educate and reach out to providers as well as offer services such as point-of-care alerts to improve quality scores, the total cost of care, and member health value.

Healthcare Provider Network Management Market Segment
1) By Component: Network management services, Network management software
2) By Deployment Type: On-Premises, Cloud
3) By End User: Private Payers, Public Payers

Healthcare Provider Network Management Market Major Players and Strategies
Major players in the healthcare provider network management market are Optum Inc., Atos SE, Cognizant, Symphony AyasdiAI, Infosys Technologies Limited, Change Healthcare Inc., SkyGen, McKesson Corporation, Centene Corporation, OSPLabs, Virtusa Corporation, Appian Corporation, Salesforce Inc., Evolent Health Inc., and Coforge.

In January 2022, Centene Corporation, a US-based managed care company, acquired Magellan Health Inc. for a deal amount of $2.2 billion. This acquisition will help Centene Corporation to increase its behavioral and specialty healthcare service portfolio and integrate healthcare solutions for patients at lower medical costs. Magellan Health Inc. is a US-based provider network management organization.

The Healthcare Provider Network Management Global Market Report 2023 covers regional data on healthcare provider network management market size, healthcare provider network management market trends and drivers, opportunities, strategies, and healthcare provider network management market competitor analysis. The countries covered in the healthcare provider network management 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 provider network management provides a point for access to information about health insurance plans, government regulations and processes, pricing, and other data within the healthcare organization.

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