Healthcare Fraud Analysis Market Size Worth $ 24,160.88

Jersey City, New Jersey, November 16, 2021 (GLOBE NEWSWIRE) – Verified Market Research recently published a report, “Healthcare Fraud Analysis Market”By type of solution (descriptive analytics, predictive analytics and prescriptive analytics), by application (review of insurance claims, abuse of pharmacy billing, payment integrity) and by geography. According to Verified Market Research, the global healthcare fraud analysis market size was valued at $ 5,116.61 million in 2020 and is expected to reach $ 24,160.88 million by 2028, with a CAGR 20.95% from 2021 to 2028.

Download the PDF brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=191375

Browse the table of contents in depth toHealthcare Fraud Analysis Market

202 – Pages

126 – Tables

37 – Figures

Global Healthcare Fraud Analysis Market Overview

The healthcare fraud analysis market is growing at a steady pace, mainly due to the increasing number of people choosing health insurance. Health insurance provides coverage for the financial expenses necessary to treat various medical conditions, injuries, mental and physical injuries. The demand for health insurance increases as it offsets the medical expenses demanded by the payer by providing health benefits in return for a monthly / semi-annual / annual premium or payroll tax. The increase in insurance fraud by claimants, policyholders, third party claimants, and healthcare professionals for monetary benefits promotes the need for analytics for a smooth and seamless insurance process. The increase in insurance fraud has resulted in massive financial losses every year. According to the National Health Care Anti-Fraud Association in the United States, healthcare fraud could cost up to $ 300 billion in 2018. As the number of cases of healthcare fraud increases in Globally, the demand for healthcare fraud analysis is also increasing.

Market growth is expected to be propelled due to increased spending in the healthcare sector by the potential population. Changing customer preferences, increasing investment in health infrastructure development, and developing patient demographics are driving the market growth. The increasing prevalence of chronic diseases and epidemic infections and the growing geriatric population, which is vulnerable to diseases and disorders, are pushing the demand for health insurance. This, in turn, exacerbates the risks of healthcare fraud, pushing the growth of the market. However, the growth of the market is hampered mainly due to a limited skilled workforce to use the features and fraud analysis, the higher cost of deployment, especially for small and medium enterprises, and the growing risk of data security.

Key players

The main players in the market are IBM, Optum Inc., SAS Institute Inc., Change Healthcare, EXL Service, Cotiviti, Conduent, Inc., Hindustan Computers Limited Technologies Limited, CGI Inc.

Verified market research segmented the global healthcare fraud analysis market on the basis of solution type, application, and geography.

  • Healthcare Fraud Analysis Market, By Solution Type
    • Descriptive analysis
    • Predictive analytics
    • Prescriptive analysis
  • Healthcare Fraud Analysis Market, By Application
    • Review of insurance claims
    • Misuse of pharmacy billing
    • Integrity of payment
  • Healthcare Fraud Analysis Market By Geography
    • North America
    • Europe
      • Germany
      • France
      • UK
      • The rest of europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LINE
      • Middle East and Africa
      • Latin America

Browse related reports:

Internet of Things (IoT) Market By software solution (real-time streaming analysis, security solution, data management, remote monitoring system, network bandwidth management), by platform (application management, network management and device management) , By Application (Home Automation & Home Automation, Smart Energy & Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility & Transportation & Others), By Geography, Forecast, 2021-2028

Supply Chain Analysis Market By deployment model (on-premises and in the cloud), by department (support and maintenance services and professional services), by application (health and life sciences, manufacturing, automotive), by component (sales planning and operations, manufacturing analysis), By geography, forecast, 2021-2028

Customer Experience Management Market By analytical tools (speech analysis, text analysis, web analytics and content management), by point of contact (stores / branches, web services, call centers), by end user (retail, BFSI, healthcare health), by geography, forecast, 2021-2028

Healthcare IT market By end user (healthcare providers and healthcare payers), by component (service, software and hardware), by product and services (healthcare provider solutions, healthcare analytics, management solutions customer relationship), by geography, forecast, 2021-2028

Top 10 Healthcare Data Analytics Companies following the “Big Data” megatrend

Visualize Healthcare Fraud Analysis Market Using Verified Market Intelligence: -:

Verified market intelligence is our BI compatible platform for the narrative storytelling of this market. VMI offers in-depth forecasting trends and accurate insight into over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.

VMI provides a holistic overview and global competitive landscape with regard to region, country and segment, and key players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

About Us

Verified Market Research is a leading global research and advisory firm serving more than 5,000 clients. Verified Market Research provides advanced analytical research solutions while delivering insightful research studies. We provide insight into strategic and growth analyzes, data needed to meet business goals, and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and governance using industry techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study over 14 categories of Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals , automotive and transport, information and communication technology, software and services, information security, mining, minerals and metals, building & construction, agricultural industry and medical devices from more than 100 countries.


        


Source link

Comments are closed.