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Healthcare Payer BPO Market size was valued at over USD 15 billion in 2015 and is anticipated to grow at over 7% CAGR from 2016 to 2023. <br><br>Get more details @ https://goo.gl/pLK5Fa
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Healthcare Payer BPO Market trends research and projections for 2016-2023 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Healthcare Payer BPO Market : • On the basis of services offered, the industry is categorized into HR, member, claims processing, accounting and finance services. The Patient Protection and Affordable Care Act (PPACA) usually titled the Affordable Care Act (ACA) or Obamacare, is a United States centralized act that have improved access, affordability, and quality in healthcare. It provides Medicare and healthcare access to millions of Americans, and according to ObamaCare and CMS report, about 11 million people registered in 2015.
Application Analysis of Healthcare Payer BPO Market : • Many public and private organizations outsource administrative operations to payers so as to reduce the economic burden, to increase operational efficiency, to provide universal access to healthcare, and to rationalize the complete service delivery to the clients. Outsourcing vendors establish services to provide 24 hours customer support to patients, providers, and other shareholders. Data security and confidentiality concerns are restraints for healthcare payer BPO market growth.
Competitive Market Share of Healthcare Payer BPO Market : • Key participants in the industry are Xerox Corporation, Hinduja Global Solutions, DSM Pharma, Accenture, Cognizant Technology Solutions, Wipro, Genpact, EXLService, Hewlett-Packard, Catalent, and HCL. These corporations accumulate significant share owing to their robust capability in BPO delivering functions, technology platforms, and the ability to meet high regulatory and compliance values of the U.S. and European regions. Other prominent companies contributing to global healthcare payer BPO market share are Lonza, Inventive, BoehringerIngelheim, GeBBS Healthcare, Quintiles and Medusind.
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