New

Healthcare Payer Services Market

2021

Healthcare Payer Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Integrated Front-End Services and Back-Office Operations, Provider Management Services, Analytics and Fraud Management Services, Billing and Accounts Management Services, HR Services, Claims Management Services); Service Type (Knowledge Process Outsourcing Services, Business Process Outsourcing Services, Information Technology Outsourcing Services); End User (Public Payers, Private Payers) and Geography

| Report Code: TIPHC00002286 | No. of Pages: 150 | Category: Healthcare IT | Status: Upcoming

Market Insights

Healthcare Payer Services Market 2028 By Application, Service Type, End User and Geography | The Insight Partners

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MARKET OVERVIEW



Healthcare payer services are services that are outsourced by healthcare insurance payers and providers. Healthcare insurance providers/payers are adopting various outsourcing solutions to streamline their business processes and deliver better services to their customers. Outsourcing has surfaced as a successful business model that mitigates the burden of administration, procurement, accounting, logistics and other tasks, and develops cost-effective business processes.

MARKET SCOPE



The "Global Healthcare payer services Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Healthcare payer services market with detailed market segmentation by component, product, delivery mode, end user and geography. The report provides key statistics on the market status of the leading Healthcare payer services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • Based on application, the global Healthcare payer services market is segmented into integrated front-end services and back-office operations, provider management services, analytics and fraud management services, billing and accounts management services, hr services, claims management services.
  • Based on service type, the market is categorised into knowledge process outsourcing services, business process outsourcing services, information technology outsourcing services.
  • Based on end user, the market is categorised into public payers, private payers.

MARKET DYNAMICS


Drivers



  • The rising insurance enrolments and federal healthcare mandates in the U.S..
  • Rise in cost of healthcare system and urge to decrease wasteful spending.
  • Significant losses incurred due to increase in healthcare frauds augments the demand for healthcare payer solutions.
  • Increase in use of healthcare IT solutions and implementation of various healthcare reforms.

Restraints



  • Rising incidences of data breach & loss of confidentiality, unforeseen costs associated with outsourcing.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Healthcare payer services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Healthcare payer services market in these regions.

IMPACT OF COVID-19 ON HEALTHCARE PAYER SERVICES MARKET


COVID 19 is forcing payers to improve on their existing technologies, develop new technological solutions, and reinforce their telehealth solutions. Many payers are focusing their energies on implementing tools that diagnose coronavirus, deliver behavioral and mental healthcare services, and address non-coronavirus patients' needs remotely. As consumer needs change in light of the pandemic, some market players are reorienting their current technologies to fit those needs. For instance, UnitedHealth Group has expanded its channels to include a broader range of virtual care platforms. UnitedHealth Group did this by allowing all of its eligible in-network medical providers to connect with patients through alternative videoconferencing platforms.

MARKET PLAYERS



The report covers key developments in the Healthcare payer services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Healthcare payer services market are anticipated to lucrative growth opportunities in the future with the rising demand for Healthcare payer services in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Healthcare payer services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Cognizant Technology Solutions
  • Accenture plc.
  • Concentrix Corporation
  • ExlService Holdings, Inc.
  • Xerox Corporation
  • Genpact Limited
  • Hewlett-Packard
  • Hexaware Technologies Limited
  • FirstSource Solutions Limited
  • HCL Technologies Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Healthcare Payer Services Market - By Application
1.3.2 Healthcare Payer Services Market - By Service Type
1.3.3 Healthcare Payer Services Market - By End User
1.3.4 Healthcare Payer Services Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEALTHCARE PAYER SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HEALTHCARE PAYER SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HEALTHCARE PAYER SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. HEALTHCARE PAYER SERVICES - GLOBAL MARKET OVERVIEW
6.2. HEALTHCARE PAYER SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. HEALTHCARE PAYER SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. INTEGRATED FRONT-END SERVICES AND BACK-OFFICE OPERATIONS
7.3.1. Overview
7.3.2. Integrated Front-End Services and Back-Office Operations Market Forecast and Analysis
7.4. PROVIDER MANAGEMENT SERVICES
7.4.1. Overview
7.4.2. Provider Management Services Market Forecast and Analysis
7.5. ANALYTICS AND FRAUD MANAGEMENT SERVICES
7.5.1. Overview
7.5.2. Analytics and Fraud Management Services Market Forecast and Analysis
7.6. BILLING AND ACCOUNTS MANAGEMENT SERVICES
7.6.1. Overview
7.6.2. Billing and Accounts Management Services Market Forecast and Analysis
7.7. HR SERVICES
7.7.1. Overview
7.7.2. HR Services Market Forecast and Analysis
7.8. CLAIMS MANAGEMENT SERVICES
7.8.1. Overview
7.8.2. Claims Management Services Market Forecast and Analysis
8. HEALTHCARE PAYER SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
8.1. OVERVIEW
8.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. KNOWLEDGE PROCESS OUTSOURCING SERVICES
8.3.1. Overview
8.3.2. Knowledge Process Outsourcing Services Market Forecast and Analysis
8.4. BUSINESS PROCESS OUTSOURCING SERVICES
8.4.1. Overview
8.4.2. Business Process Outsourcing Services Market Forecast and Analysis
8.5. INFORMATION TECHNOLOGY OUTSOURCING SERVICES
8.5.1. Overview
8.5.2. Information Technology Outsourcing Services Market Forecast and Analysis
9. HEALTHCARE PAYER SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. PUBLIC PAYERS
9.3.1. Overview
9.3.2. Public Payers Market Forecast and Analysis
9.4. PRIVATE PAYERS
9.4.1. Overview
9.4.2. Private Payers Market Forecast and Analysis
10. HEALTHCARE PAYER SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Healthcare Payer Services Market Overview
10.1.2 North America Healthcare Payer Services Market Forecasts and Analysis
10.1.3 North America Healthcare Payer Services Market Forecasts and Analysis - By Application
10.1.4 North America Healthcare Payer Services Market Forecasts and Analysis - By Service Type
10.1.5 North America Healthcare Payer Services Market Forecasts and Analysis - By End User
10.1.6 North America Healthcare Payer Services Market Forecasts and Analysis - By Countries
10.1.6.1 United States Healthcare Payer Services Market
10.1.6.1.1 United States Healthcare Payer Services Market by Application
10.1.6.1.2 United States Healthcare Payer Services Market by Service Type
10.1.6.1.3 United States Healthcare Payer Services Market by End User
10.1.6.2 Canada Healthcare Payer Services Market
10.1.6.2.1 Canada Healthcare Payer Services Market by Application
10.1.6.2.2 Canada Healthcare Payer Services Market by Service Type
10.1.6.2.3 Canada Healthcare Payer Services Market by End User
10.1.6.3 Mexico Healthcare Payer Services Market
10.1.6.3.1 Mexico Healthcare Payer Services Market by Application
10.1.6.3.2 Mexico Healthcare Payer Services Market by Service Type
10.1.6.3.3 Mexico Healthcare Payer Services Market by End User
10.2. EUROPE
10.2.1 Europe Healthcare Payer Services Market Overview
10.2.2 Europe Healthcare Payer Services Market Forecasts and Analysis
10.2.3 Europe Healthcare Payer Services Market Forecasts and Analysis - By Application
10.2.4 Europe Healthcare Payer Services Market Forecasts and Analysis - By Service Type
10.2.5 Europe Healthcare Payer Services Market Forecasts and Analysis - By End User
10.2.6 Europe Healthcare Payer Services Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Healthcare Payer Services Market
10.2.6.1.1 Germany Healthcare Payer Services Market by Application
10.2.6.1.2 Germany Healthcare Payer Services Market by Service Type
10.2.6.1.3 Germany Healthcare Payer Services Market by End User
10.2.6.2 France Healthcare Payer Services Market
10.2.6.2.1 France Healthcare Payer Services Market by Application
10.2.6.2.2 France Healthcare Payer Services Market by Service Type
10.2.6.2.3 France Healthcare Payer Services Market by End User
10.2.6.3 Italy Healthcare Payer Services Market
10.2.6.3.1 Italy Healthcare Payer Services Market by Application
10.2.6.3.2 Italy Healthcare Payer Services Market by Service Type
10.2.6.3.3 Italy Healthcare Payer Services Market by End User
10.2.6.4 Spain Healthcare Payer Services Market
10.2.6.4.1 Spain Healthcare Payer Services Market by Application
10.2.6.4.2 Spain Healthcare Payer Services Market by Service Type
10.2.6.4.3 Spain Healthcare Payer Services Market by End User
10.2.6.5 United Kingdom Healthcare Payer Services Market
10.2.6.5.1 United Kingdom Healthcare Payer Services Market by Application
10.2.6.5.2 United Kingdom Healthcare Payer Services Market by Service Type
10.2.6.5.3 United Kingdom Healthcare Payer Services Market by End User
10.2.6.6 Rest of Europe Healthcare Payer Services Market
10.2.6.6.1 Rest of Europe Healthcare Payer Services Market by Application
10.2.6.6.2 Rest of Europe Healthcare Payer Services Market by Service Type
10.2.6.6.3 Rest of Europe Healthcare Payer Services Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Healthcare Payer Services Market Overview
10.3.2 Asia-Pacific Healthcare Payer Services Market Forecasts and Analysis
10.3.3 Asia-Pacific Healthcare Payer Services Market Forecasts and Analysis - By Application
10.3.4 Asia-Pacific Healthcare Payer Services Market Forecasts and Analysis - By Service Type
10.3.5 Asia-Pacific Healthcare Payer Services Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Healthcare Payer Services Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Healthcare Payer Services Market
10.3.6.1.1 Australia Healthcare Payer Services Market by Application
10.3.6.1.2 Australia Healthcare Payer Services Market by Service Type
10.3.6.1.3 Australia Healthcare Payer Services Market by End User
10.3.6.2 China Healthcare Payer Services Market
10.3.6.2.1 China Healthcare Payer Services Market by Application
10.3.6.2.2 China Healthcare Payer Services Market by Service Type
10.3.6.2.3 China Healthcare Payer Services Market by End User
10.3.6.3 India Healthcare Payer Services Market
10.3.6.3.1 India Healthcare Payer Services Market by Application
10.3.6.3.2 India Healthcare Payer Services Market by Service Type
10.3.6.3.3 India Healthcare Payer Services Market by End User
10.3.6.4 Japan Healthcare Payer Services Market
10.3.6.4.1 Japan Healthcare Payer Services Market by Application
10.3.6.4.2 Japan Healthcare Payer Services Market by Service Type
10.3.6.4.3 Japan Healthcare Payer Services Market by End User
10.3.6.5 South Korea Healthcare Payer Services Market
10.3.6.5.1 South Korea Healthcare Payer Services Market by Application
10.3.6.5.2 South Korea Healthcare Payer Services Market by Service Type
10.3.6.5.3 South Korea Healthcare Payer Services Market by End User
10.3.6.6 Rest of Asia-Pacific Healthcare Payer Services Market
10.3.6.6.1 Rest of Asia-Pacific Healthcare Payer Services Market by Application
10.3.6.6.2 Rest of Asia-Pacific Healthcare Payer Services Market by Service Type
10.3.6.6.3 Rest of Asia-Pacific Healthcare Payer Services Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Healthcare Payer Services Market Overview
10.4.2 Middle East and Africa Healthcare Payer Services Market Forecasts and Analysis
10.4.3 Middle East and Africa Healthcare Payer Services Market Forecasts and Analysis - By Application
10.4.4 Middle East and Africa Healthcare Payer Services Market Forecasts and Analysis - By Service Type
10.4.5 Middle East and Africa Healthcare Payer Services Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Healthcare Payer Services Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Healthcare Payer Services Market
10.4.6.1.1 South Africa Healthcare Payer Services Market by Application
10.4.6.1.2 South Africa Healthcare Payer Services Market by Service Type
10.4.6.1.3 South Africa Healthcare Payer Services Market by End User
10.4.6.2 Saudi Arabia Healthcare Payer Services Market
10.4.6.2.1 Saudi Arabia Healthcare Payer Services Market by Application
10.4.6.2.2 Saudi Arabia Healthcare Payer Services Market by Service Type
10.4.6.2.3 Saudi Arabia Healthcare Payer Services Market by End User
10.4.6.3 U.A.E Healthcare Payer Services Market
10.4.6.3.1 U.A.E Healthcare Payer Services Market by Application
10.4.6.3.2 U.A.E Healthcare Payer Services Market by Service Type
10.4.6.3.3 U.A.E Healthcare Payer Services Market by End User
10.4.6.4 Rest of Middle East and Africa Healthcare Payer Services Market
10.4.6.4.1 Rest of Middle East and Africa Healthcare Payer Services Market by Application
10.4.6.4.2 Rest of Middle East and Africa Healthcare Payer Services Market by Service Type
10.4.6.4.3 Rest of Middle East and Africa Healthcare Payer Services Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Healthcare Payer Services Market Overview
10.5.2 South and Central America Healthcare Payer Services Market Forecasts and Analysis
10.5.3 South and Central America Healthcare Payer Services Market Forecasts and Analysis - By Application
10.5.4 South and Central America Healthcare Payer Services Market Forecasts and Analysis - By Service Type
10.5.5 South and Central America Healthcare Payer Services Market Forecasts and Analysis - By End User
10.5.6 South and Central America Healthcare Payer Services Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Healthcare Payer Services Market
10.5.6.1.1 Brazil Healthcare Payer Services Market by Application
10.5.6.1.2 Brazil Healthcare Payer Services Market by Service Type
10.5.6.1.3 Brazil Healthcare Payer Services Market by End User
10.5.6.2 Argentina Healthcare Payer Services Market
10.5.6.2.1 Argentina Healthcare Payer Services Market by Application
10.5.6.2.2 Argentina Healthcare Payer Services Market by Service Type
10.5.6.2.3 Argentina Healthcare Payer Services Market by End User
10.5.6.3 Rest of South and Central America Healthcare Payer Services Market
10.5.6.3.1 Rest of South and Central America Healthcare Payer Services Market by Application
10.5.6.3.2 Rest of South and Central America Healthcare Payer Services Market by Service Type
10.5.6.3.3 Rest of South and Central America Healthcare Payer Services Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL HEALTHCARE PAYER SERVICES MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. HEALTHCARE PAYER SERVICES MARKET, KEY COMPANY PROFILES
13.1. COGNIZANT TECHNOLOGY SOLUTIONS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ACCENTURE PLC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CONCENTRIX CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. EXLSERVICE HOLDINGS, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. XEROX CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. GENPACT LIMITED
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. HEWLETT-PACKARD
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. HEXAWARE TECHNOLOGIES LIMITED
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. FIRSTSOURCE SOLUTIONS LIMITED
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. HCL TECHNOLOGIES LTD.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Cognizant Technology Solutions
2. Accenture plc.
3. Concentrix Corporation
4. ExlService Holdings, Inc.
5. Xerox Corporation
6. Genpact Limited
7. Hewlett-Packard
8. Hexaware Technologies Limited
9. FirstSource Solutions Limited
10. HCL Technologies Ltd.
TIPHC00002286
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