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The healthcare provider network management market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 15%, as per The Business Research Company’s market report!

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The Healthcare Provider Network Management Market Size In 2022 And Forecast
The global healthcare provider network management market is expected to grow from $2.84 billion in 2021 to $3.35 billion in 2022 at a compound annual growth rate (CAGR) of 17.8%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The healthcare provider network management market is expected to reach $5.96 billion in 2026 at a CAGR of 15.5%.

The healthcare provider network management market consists of sales of healthcare provider network management services by entities (organizations, sole traders, and partnerships) that help to improve claim accuracy, documentation, data management, and automation.

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Rise In The Patient Population Is Driving The Growth Of The Healthcare Provider Network Management Market
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.

Competitive Landscape And The Regional Analysis Of The Healthcare Provider Network Management Market
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.

Additionally, as per TBRC’s research – North America was the largest region in the healthcare provider network management market in 2021 holding the largest market share.

The Healthcare Provider Network Management Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the healthcare provider network management market.

Technological Advancement – A Key Trend In The Healthcare Provider Network Management Market
Major market players are concentrating their efforts on creating innovative technologies to sustain their position in the market.

Healthcare Provider Network Management Market Segmentation By The Business Research Company

1) By Component: Network management services, Network management software

2) By Deployment Type: On-Premises, Cloud

3) By End User: Private Payers, Public Payers

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