Healthcare Provider Network Management Market size worth $ 11,215.42 Million, Globally, by 2028 at 16.34% CAGR: Verified Market Research®
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202 - Pages
126 – Tables
37 – Figures
Global Healthcare Provider Network Management Market Overview
Patient flow to hospitals is increasing, and individuals are becoming more aware of insurance policies, which is one of the major factors boosting the need for Healthcare Provider Network Management. In 2019, over 36 million hospital admissions took place in
The IT sector has also played a crucial role in the growth of the market. Healthcare Provider Network Management solution provides payers with robust analytics tools and near real-time transaction data, enabling providers to see the patient status and results through timely reports. Through machine learning and real-time data, providers can identify suspicious reimbursement claims mixed in within the millions of accurate ones. It also helps to monitor patient records to predict hospitalization, readmission, and disease progression, thus enabling providers to manage care-management programs. The provider network management system helps in integrating patient data such as care plans, lab test results, authorizations, and medical claims which helps saving of organizations compared to searching multiple systems.
The system also includes methods for storing and analyzing data because of which providers are able to identify areas of opportunity for expansion. With timely access to accurate network data, payers can better manage costs, improve collaboration with providers, and provide members with the information they need to make informed medical decisions. The Global Healthcare Provider Network Management Market is driven by the increasing implementation of state and federal rules in the US, especially in industries such as Ambulatory Surgery Centers, which has seen a rapid increase in recent years. With the increase in demand for Ambulatory Surgery Centers, these centers are increasingly subjected to various federal regulations, creating demand for
Key Players
The major players in the market are
- Healthcare Provider Network Management Market, By Component
Provider Network Management Software - Provider Network Management Services
- Healthcare Provider Network Management Market by Geography
North America U.S Canada Mexico Europe Germany France U.K - Rest of
Europe Asia Pacific China Japan India - Rest of
Asia Pacific - ROW
Middle East &Africa Latin America
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