Cost Saving Opportunities for the HR Health Administration Services US: Technavio

By a News Reporter-Staff News Editor at Insurance Weekly News -- According to the latest procurement intelligence report from Technavio, the market for HR health administration services US is expected to grow at a CAGR of 4.1% over the next five years due to the implementation of the Affordable Care Act.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170206005846/en/ Technavio has published a new report on the US HR health administration services market from 2016-2020. (Graphic: Business Wire) The research report titled 'Health Administration Services US: Procurement Intelligence Report 2016-2020' provides an in-depth analysis of category spend, best procurement practices and cost saving opportunities, aimed at helping organizations achieve superior business performance. The report also provides insights on pricing, supplier positioning and top companies, enabling sourcing professionals to improve their competitive advantage through procurement excellence.

"During the forecast period, the market for HR health administration services US will be driven by increasing government intervention, in the form of the Affordable Care Act, which is expected to make healthcare services affordable," says lead Technavio procurement specialist Angad Singh for category spend intelligence. "In addition, the market is expected to witness an increase in outsourcing of healthcare administration services of employees to implement cost reduction," adds Angad. Request a sample report: http://www.technavio.com/request-a-sample?report=53740 Technavio sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Cost saving opportunities in the market for HR health administration services US The adoption of various cost-optimization levers helps buyers of HR health administration services US realize direct cost savings and enhance category management and value benefits (including reduced procurement complexities).

Keywords for this news article include: Technavio Research, Affordable Care Act.

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