Healthcare BPO Market Poised to Grow with Advancements in...

Healthcare BPO Market Poised to Grow with Advancements in Artificial Intelligence

نشر بتاريخ 2024-08-21 12:28:54

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The healthcare BPO industry provides extensive support for healthcare organizations to optimize non-core functions through outsourcing. This includes revenue cycle management, medical billing & coding, medical transcription, patient engagement solutions, and clinical research & trial management. Outsourcing activities like documentation, claims processing, management accounting, and supply chain management help healthcare providers enhance operational efficiency and achieve financial savings. With the rising medical costs and complex regulations in the healthcare industry, businesses utilize BPO service providers for streamlining ancillary processes.

The Global Healthcare BPO Market is estimated to be valued at US$ 352.94 Bn in 2024 and is expected to exhibit a CAGR of 8.8% over the forecast period 2024 To 2031.

Key Takeaways
Key players in the healthcare BPO market: Key players operating in the healthcare Bpo market are Parexel International, IQVIA, IBM Corporation, Genpact Limited, Cognizant, Capgemini, Accenture, Sutherland Healthcare Solutions, GeBBs Healthcare Solutions, and UnitedHealth Group Incorporated, among others.

Key opportunities: Healthcare Bpo Market Size for value-based care, consolidation of healthcare industry; increasing medical tourism are some key opportunities in the healthcare BPO market.

Technological advancements: Adoption of artificial intelligence, blockchain, robotic process automation is enabling digitization of processes and transforming healthcare BPO services. Artificial intelligence assists in improving clinical documentation, reducing medical errors, and automating repetitive tasks.

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