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Classified in: Health, Covid-19 virus
Subject: MRR

Global Healthcare Payer Services Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts


 DUBLIN, July 4, 2022 /PRNewswire/ --  The "Healthcare Payer Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

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The global healthcare payer services market reached a value of US$ 27.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 49.6 Billion by 2027, exhibiting a CAGR of 10.6% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Healthcare payer services are outsourced by public and private payers and healthcare insurers to manage claims, audits, medical documents, member engagements, and customer relations. These services aid in improving the healthcare system performance by optimizing patient care quality and improving the overall consumer experience.

They also assist in using distinctive capabilities in data and analytics, population health, pharmacy care services, and healthcare delivery and operations. Moreover, as healthcare payer solutions help clients minimize their operational costs and improve their operational efficiency, they are gaining traction around the world.

The rising utilization of healthcare payer services can be attributed to the increasing need for operating business processes cost-effectively by implementing engagement and contract models. Additionally, the growing implementation of digital technologies in payer operations is augmenting the market worldwide. Apart from this, healthcare payer services offer better quality patient care, streamline the process and improve customer communication.

This, in confluence with the adoption of analytics in healthcare, along with the rising number of individuals opting for healthcare insurance on account of the sudden outbreak of the coronavirus disease (COVID-19), is also fueling the market growth. Furthermore, these services find extensive application in billing and account management, analytics and fraud management, and human resource (HR) services and claims management. Besides this, rising mergers and acquisitions (M&A) and the increasing utilization of updated software to address current healthcare needs are anticipated to propel the market growth.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Cognizant Technology Solutions Corporation, Concentrix Corporation, ExlService Holdings Inc., Genpact Limited, HCL Technologies Limited, Hinduja Global Solutions Limited, HP Development Company L.P., McKesson Corporation, UnitedHealth Group Incorporated, Wipro Limited and Xerox Corporation.

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Healthcare Payer Services Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

6.1 BPO Services

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 ITO Services

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 KPO Services

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Application

7.1 Analytics and Fraud Management Services

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Claims Management Services

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Integrated Front Office Service and Back Office Operations

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Member Management Services

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Provider Management Services

7.5.1 Market Trends

7.5.2 Market Forecast

7.6 Billing and Accounts Management Services

7.6.1 Market Trends

7.6.2 Market Forecast

7.7 HR Services

7.7.1 Market Trends

7.7.2 Market Forecast

8 Market Breakup by End Use

8.1 Private Payers

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Public Payers

8.2.1 Market Trends

8.2.2 Market Forecast

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Accenture plc

14.3.1.1 Company Overview

14.3.1.2 Product Portfolio

14.3.1.3 Financials

14.3.1.4 SWOT Analysis

14.3.2 Cognizant Technology Solutions Corporation

14.3.2.1 Company Overview

14.3.2.2 Product Portfolio

14.3.2.3 Financials

14.3.2.4 SWOT Analysis

14.3.3 Concentrix Corporation

14.3.3.1 Company Overview

14.3.3.2 Product Portfolio

14.3.4 ExlService Holdings Inc.

14.3.4.1 Company Overview

14.3.4.2 Product Portfolio

14.3.4.3 Financials

14.3.5 Genpact Limited

14.3.5.1 Company Overview

14.3.5.2 Product Portfolio

14.3.5.3 Financials

14.3.5.4 SWOT Analysis

14.3.6 HCL Technologies Limited

14.3.6.1 Company Overview

14.3.6.2 Product Portfolio

14.3.6.3 Financials

14.3.6.4 SWOT Analysis

14.3.7 Hinduja Global Solutions Limited

14.3.7.1 Company Overview

14.3.7.2 Product Portfolio

14.3.7.3 Financials

14.3.7.4 SWOT Analysis

14.3.8 HP Development Company L.P.

14.3.8.1 Company Overview

14.3.8.2 Product Portfolio

14.3.8.3 Financials

14.3.8.4 SWOT Analysis

14.3.9 McKesson Corporation

14.3.9.1 Company Overview

14.3.9.2 Product Portfolio

14.3.9.3 Financials

14.3.9.4 SWOT Analysis

14.3.10 UnitedHealth Group Incorporated

14.3.10.1 Company Overview

14.3.10.2 Product Portfolio

14.3.10.3 Financials

14.3.10.4 SWOT Analysis

14.3.11 Wipro Limited

14.3.11.1 Company Overview

14.3.11.2 Product Portfolio

14.3.11.3 Financials

14.3.11.4 SWOT Analysis

14.3.12 Xerox Corporation

14.3.12.1 Company Overview

14.3.12.2 Product Portfolio

14.3.12.3 Financials

For more information about this report visit https://www.researchandmarkets.com/r/8o5xoe

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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