The global healthcare BPO services market is undergoing immense technological innovations and transformation. Healthcare BPO means that outsourcing of the particular operations to a reliable and proven third-party company. Lack of in-house experienced professionals, expensive resources and unavailability of the flexible pricing model, these are the major reasons that pressurize healthcare providers to outsource non-core business activities. Healthcare BPO outsourcing services provider handles management operations that are usually time-taking and demand a huge investment. When you outsource Healthcare BPO services, you can have access to solutions for various services like medical billing & coding, medical records indexing, medical data entry, medical payment posting, etc.
Recently, a 140 pages research report was launched, entitled, “Healthcare BPO Services Market Report 2018”. There were several highly experienced analysts involved in making this report. They did the in-depth analysis of market trends and mapped the impact of various factors on geographies. The research report gives the comprehensive analysis of current scenario of Healthcare BPO industry with an explanation of overall market size. The report also gives a complete analysis of Healthcare BPO services market growth and reviews the factors responsible for the future expansion of global Healthcare BPO industry.
In the report, healthcare BPO market is subdivided according to geographical locations. The report says, “North America is the biggest contributor to the market growth, the reason being the compulsory implementation of ICD-10 codes and acceptance of Patient Protection and Affordable Care Act (PPACA).” The report further says that India and China are the most preferred outsourcing destinations in the world. High-quality and low-cost services have made these both countries the first choice of healthcare providers based in the USA and Europe.
The report valued global Healthcare BPO services market at USD 191.68 billion and forecasted its growth to touch USD 413.84 billion by 2025. The global healthcare BPO market is anticipated to register a Compound Annual Growth Rate (CAGR) of 10.30% during the period of 2018 to 2025. The research report has covered several regions that are: North America, Latin America, Europe, The Middle East, Africa and the Asia Pacific. However, data security is the prime concern which is obstructing the growth of healthcare BPO services market.
The report gives the detailed information about the market projections for coming years and has covered various upcoming market scenarios, future trends, market analysis, investment opportunities and growth predictions.
The Healthcare BPO Services Market Report contains complete analysis on Market Size, Market Segments & Dynamics, Demand & Supply, Current Challenges, Future Trends, technology, and value chain.
Report Highlights:
- A complete analysis of healthcare BPO services market.
- Rapidly evolving market dynamics.
- Current and forecasted market size.
- Future trends and industry expansion.
- Strategies for leading players.
- Must-have information for service providers to enhance the productivity.
Healthcare providers face several challenges on the administrative level every day. The challenges distract healthcare providers from their core functional areas.
In this case, a skilled and well-experienced healthcare outsourcing companies can solve problems. Outsourcing service provider offers customized solutions that are highly secure and can be modified to suit the requirements of any healthcare organizations.
Healthcare outsourcing service provider offers different Healthcare BPO services, some of them are:
- Healthcare Call Center Services
- Medical Billing Services
- Medical Coding Services
- Healthcare Data Entry Services
- Medical Records Indexing Services
- Medical Billing Payment Posting Services