Pune, India, 04 September 2017: WiseGuyReports announced addition of new report, titled “Healthcare BPO market by Provider service, by Payer service, by Pharmaceutical service and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2015–2020)”.
“Healthcare BPO”, everyone is aware of about BPO and business process outsourcing, it is and the third part where the organization goes with deal or agreement where they are allowed to handle their IT department, finances related, employee training, customer services, and many others. Where the organization is focusing on their main vision and employee’s time and infrastructure expenses are saved.
Even Healthcare Industry approaches BPO services, where all service and solution are handled by BPO, numbers of patient’s details, their bills, medicine, new patient entry, and queries. Healthcare finances and accounts, HR department and new staff training. So that Healthcare staff can work and give proper care and treatment to their patient rather than focusing on all activity, this saves lot of time and money.
With technologies development and digital world there is great change in BPO industries which has benefited the healthcare industries in various such as all medical billing, medical coding, and major all account and finances services.
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The Healthcare Business Process Outsourcing (BPO) market is projected to reach USD 280.15 Billion and growing at a CAGR of 9.81% by 2020.
World Health Services is a key component of the BPO market with the increasing demand for insurance, reduction in healthcare costs, strengthening of healthcare system, pharmaceutical companies facing patent cliffs, compulsory implementation of the ICD-10 code.
The report provides a complete overview of the “Healthcare BPO” Market including definitions, classifications, applications and industry structure. And development policies and cost structures. The report states Healthcare BPO market volume and value. The market segmentation by regions, types, applications, and companies are also discussed. Then, the report focuses on global major leading industry players with information such as company profiles, product picture, and specifications, sales, market share. Healthcare BPO industry development trends and marketing channels are analyzed in current and coming years. The forecast is provided for 2016-2020.
However, some limitations and concerns in losing control over the process of outsourcing, suspicion about quality of service / product, and the risk of data security are limited in the growth of the Global Healthcare BPO market but with technologies improvement they will overcomes all limitations.
Healthcare BPO is a proper supply department and stream that is similar to rights management, integrated front-end services and back office operations, billing and account management, member management, provider management, analytics and fraud management, and human resources.
On the basis of geography the market is divided in North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa region. The U.S. healthcare payer market has been greatly wedged by the introduction of the PPAC Act.
Some of the major players operating in the healthcare BPO market include Cognizant Technology Solutions Corporation (U.S.), Accenture PLC (U.S.), Genpact Limited, Tata Consultancy Services Ltd. (India), Infosys BPO Ltd. (India) and Xerox Corporation (U.S.).
Table of Content
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
8. Market Leaders’ Analysis
8.1 Accenture PLC
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Cognizant Technology Solutions Corporation
8.3 Tata Consultancy Services Ltd.
8.4 Infosys BPO Ltd.
8.5 Xerox Corporation
8.6 Accretive Health, Inc
8.7 Genpact Limited
8.8 Quintiles Transnational Holdings, Inc
8.9 IBM Corporation
8.10 Lonza Group Ltd.
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