According to
TechSci Research report, “Global Patient Access Solutions
Market By Component (Software v/s Service), By Deployment
Mode (On-Premise v/s Cloud), By End User (Healthcare Providers, HCIT
Outsourcing Companies, Others), By Region, Forecast & Opportunities, 2025”, the global patient access solutions market is expected to grow
at a steady rate during the forecast period on account of the growing prevalence
of chronic and infectious diseases. This has drastically increased the patient
pool and healthcare costs. The need to curtail the increasing healthcare costs
is expected to positively impact the growth of patient access solutions market
during forecast period. Additionally, these solutions also help healthcare
organizations to maintain their finances by reducing the operational costs and
minimizing claim reductions. Furthermore, stringent regulatory compliances
encourage the use of patient access solutions. Besides, growing need to track
claim denials and declining reimbursement rates are further expected to foster
the market growth through 2025. However, high costs of installation and
deployment might hamper the market growth during forecast period. Additionally,
issues related to patient data security and cyber threat might pose a challenge
to the market growth over next few years. Moreover, lack of proper healthcare
IT infrastructure and unskilled staff, especially in the developing and
underdeveloped economies might further restrict the market growth across the
globe.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Global Patient Access Solutions Market"
The global
patient access solutions market is segmented based on component, deployment
mode, end user, company and region. Based on component, the market can be
bifurcated into software and service. The software segment can further be
categorized into eligibility verification software, medical necessity
management software, pre-certification & authorization software, claims
denial & appeal management software, payment estimation software, medical
claims payment processing software and others. The claim denial & appeal
management software segment is expected to dominate the market on account of
growing claim denial rates. This software reviews the claim, finds out the
reason behind denial and suggests if an appeal can be filed against it or not.
The software reviews the patients documents and resubmits the claim. Due to the
increase in the number of claims and intense scrutiny of the healthcare
facilities, a large amount of hospital revenues decline, as a result of this,
various hospitals are adopting such software to cut down the loss. The service
segment can further be divided into professional and managed. The service
segment is expected to grow significantly over the next few years on account of
the introduction of complex software and growing need for system integration.
Based on end user, the market can be fragmented into healthcare providers, HCIT
outsourcing companies and others. The healthcare providers segment is expected
to dominate the market during forecast years. This can be accredited to the
growing adoption of healthcare IT solutions across major healthcare
establishments. Additionally, growth in healthcare spending is further driving
the segmental growth across the globe.
The
3M Company, Cardinal Health Inc., Cerner Corporation, Cognizant Technology
Solutions Corp., Craneware Plc, McKesson Corporation, Epic Systems Corporation,
Optum Inc., Conifer Health, The Advisory Board, Craneware, The SSI Group,
ZirMed Inc., Cirius Group, AccuReg Software, Genentech USA, Inc., Allscripts
Healthcare Solutions, Inc., Conifer Health Solutions, LLC., Experian Plc,
Lincor Inc. and others are some of the leading players operating in global patient
access solutions market. The companies operating in the market are using
organic strategies such as product launches, mergers and collaborations to
boost their share.
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“North America is expected to dominate
the global patient access solutions market during the forecast period, owing to
the well-established healthcare IT infrastructure in the region. Additionally, growing
government support in the form of policies, initiatives and funding in the
region to improve the healthcare facilities along with stringent regulations is
further anticipated to spur the market growth. Furthermore, increasing
healthcare costs and declining reimbursement rates in the region are
anticipated to bolster the market growth over the next few years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Patient Access Solutions Market By Component
(Software v/s Service), By Deployment Mode (On-Premise v/s Cloud), By End User
(Healthcare Providers, HCIT Outsourcing Companies, Others), By Region, Forecast
& Opportunities, 2025”, has evaluated the future growth potential of global patient
access solutions market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global patient
access solutions market.
Global Healthcare Payer
Solutions Market By Service Type (BPO, ITO, KPO), By Application (Claims
Management Service, Provider Management Service, Member Management Service, HR
services, Analytics & Fraud Management Service, Billing & Accounts
Management Service, Others), By End User (Public v/s Private), By Region,
Forecast & Opportunities, 2025
India Health Insurance Market
By Type of Insurance Provider (Public, Private, Others), By Insurance Type
(Disease, Medical, Income Protection), By Type of Scheme (Voluntary, Mandatory,
Others), By Type of Coverage (Individual, Family), By Term of Coverage (Term,
Lifetime), By Cash Limit (Up to 2 Lakh, 2.1-3 Lakh, Others), By Mode of
Purchase (Online Portal, Insurance Agent, Others), By End User (Minors, Adults,
Senior Citizens), By Region, Forecast & Opportunities, 2025
Contact
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