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The healthcare reimbursement market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 17%, as per The Business Research Company’s market report!

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The Healthcare Reimbursement Market Size In 2022 And Forecast

The global healthcare reimbursement market is expected to grow from $8.23 billion in 2021 to $9.66 billion in 2022 at a compound annual growth rate (CAGR) of 17.3%. 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 reimbursement market is expected to reach $18.31 billion in 2026 at a CAGR of 17.3%.

The healthcare reimbursement market consists of sales of healthcare reimbursement services by entities (organizations, sole traders and partnerships) that provide healthcare reimbursement services, which include the payment that hospitals, diagnostic facilities, doctors, or other healthcare providers receive for providing medical services to people.

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The Increasing Cost Of Healthcare And Supportive Government Programs Is Driving The Growth Of The Healthcare Reimbursement Market

According to the Journal of the American Medical Association (JAMA), US healthcare costs are expected to reach $6 trillion, which is $17,000 per person by 2027. In 2019, the US healthcare policy announced plans to expand healthcare insurance coverage and make changes to accountable care organizations. The rising healthcare cost and supportive government policies increase the number of people opting for payer services and thereby contribute to the growth of the healthcare reimbursement market.

Competitive Landscape And The Regional Analysis Of The Healthcare Reimbursement Market

Major players in the healthcare reimbursement market are UnitedHealth Group, Aviva, Allianz, CVS Health, BNP Paribas, Aetna, Nippon Life Insurance, WellCare Health Plans, Agile Health Insurance and Blue Cross Blue Shield Association.

The Healthcare Reimbursement 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 reimbursement 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 reimbursement market.

Availability Of Value-Based Care Models – A Key Trend In The Healthcare Reimbursement Market

Companies in the healthcare reimbursement market are providing options of value-based care models to cater to better experiences for the patients. Value-based care models are based on the quality of patient’s treatment and how well healthcare providers can improve their quality by adhering to certain metrics such as reducing hospital readmissions, improving preventative care, and using particular kinds of certified health technology and help lower healthcare costs.

Healthcare Reimbursement Market Segmentation By The Business Research Company

1) By Claims: Underpaid, Full Paid

2) By Payers: Private Payers, Public Payers

3) By Service Provider: Physician Office, Hospitals, Diagnostic Laboratories, Others

Here Are Some Reports Related To The Healthcare Reimbursement Market –

Healthcare Services Global Market Report 2022

Payer Services Global Market Report 2022

Medical Billing Outsourcing Global Market Report 2022

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