Healthcare Bpo Market
Industry Outlook
Healthcare sector is facing many challenges; this is due to administrative services, which in turn in hindering the working of the sector. Many companies have come up with solutions of business process outsourcing BPO to be used in healthcare to remove the complexities; the solution is also referred to as Healthcare BPO. Healthcare BPO are providing healthcare sector with innovative technologies, deep knowledge about various business processes and sophisticated tools related to analytics. Healthcare BPO service is boosting the financial performance, increasing resource allocation, etc. to the healthcare sector. Some of the services offered by Healthcare BPO are; Medical Billing and Collection, Medical Records Indexing, Medical Data Entry Services, Medical Claims Processing Services, Revenue Cycle Management Services, etc. Therefore, the Healthcare BPO Market is anticipated to expand and has tremendous scope during the forecast period. The global Healthcare BPO Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Market Segmentation
The global Healthcare BPO Market is based on segment, by Payer Service the market is segmented into Claims Management, Provider Management, Product Development, Care Management, Human Resource Management, Operational/Administrative Management and Customer Relationship Management CRM , By Product Service the market is segmented into Revenue Cycle Management, Medical Transcription, Medical Billing, Device Monitoring and Patient Enrollment and Strategic Planning, and by Pharmaceutical Service the market is segmented into Clinical Data Management, Manufacturing Outsourcing and Pharmacovigilance Services.
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Healthcare BPO Market, By Payer Service
Claims Management
Provider Management
Product Development
Care Management
Human Resource Management
Operational/Administrative Management
Customer Relationship Management CRM
Healthcare BPO Market, By Product Service
Revenue Cycle Management
Medical Transcription
Medical Billing
Device Monitoring
Patient Enrollment and Strategic Planning
Healthcare BPO Market, By Pharmaceutical Service
Clinical Data Management
Manufacturing Outsourcing
Pharmacovigilance Services
Regional Insights
On a global front, the Healthcare BPO Market covers North America United States, Canada and Mexico , Europe Germany, UK, France, Russia, Italy, Rest of Europe , Asia-Pacific China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific , South America Brazil, Argentina, Columbia, Rest of South America and Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA . North American region leads the Healthcare BPO Market owing to more expenditure on private and public healthcare, more number of claim records, etc.
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Healthcare BPO Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The leading players in the market are Charles River Laboratories International Inc., HCL Technologies Limited, Accenture, Infosys Limited, Eli Global, Gebbs, Lonza, Genpact, Catalent Inc., IBM, Covance Inc., Parexel, Quintiles, Sutherland, United Health Group and Truven Health. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Charles River Laboratories International Inc.
HCL Technologies Limited
Accenture
Infosys Limited
Eli Global
Gebbs
Lonza
Genpact
Catalent Inc.
IBM
Covance Inc.
Parexel
Quintiles
Sutherland
United Health Group
Truven Health
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