Claims Management Software Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +17.84%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025 by DXC Technology Company (U.S.), Software AG (Germany), Hexaware Technologies, Inc. (India), HCL Technologies (India), Pegasystems
New York, NY -- (SBWIRE) -- 12/07/2018 -- Claims management software provides management services for health care providers and insurance companies to enable them to investigate and take action on insured claims. The variety of services provided by claims management software includes investigations, reviews, payment issuances or claims. The modules provided by claims management software include billing, claims processing, business process management, contracts and reimbursement, customer service, reporting, collaboration and integration tools.
Prominent factors driving demand for claims management software include increased chronic disease events, an increase in population aging, adoption of digital and cloud services, initiatives to improve insurance claims services, and government initiatives to increase the coverage of their citizens. Insurers also want to invest in claims management solutions to optimize their value chains and internal processes, reducing operational costs through automation, which can be achieved through claims management software and reduce leakage through operational efficiencies.
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Major Key Players In This Report
claims management solutions market include DXC Technology Company (U.S.), Software AG (Germany), Hexaware Technologies, Inc. (India), HCL Technologies (India), Pegasystems Limited (U.S.), International Business Machines (IBM) Corporation (U.S.), Cognizant Technology Solutions Corporation (U.S.) etc.
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Claims management software provides health care providers and insurers with a management service that allows the insured to investigate and bill claims. Many of the services provided by claim management software include investigation, review, payment release, or claim rejection. The modules provided by claim management software include billing, claim handling, business process management, contract and redemption, customer service, reporting, collaboration and integration tools.
The major segments of claims management solutions market on the basis of the component include:
The market for claims management solutions is driven by factors such as the emergence of new and innovative therapies and technologies, improved focus on quality healthcare services, and the adoption of cloud-based technology services. In addition, the number of patients receiving health care has increased and expensive medical care for chronic illnesses has supported the growth of the medical claims management solution industry. In addition, the growth of the elderly population, the insurance coverage of the public, and government-led efforts to increase the incidence of chronic illnesses are leading the growth of the health insurance claims management solution market.
On the basis on the end users/Application, this report covers
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Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Table of Contents:
Global Claims Management Software Market Research Report 2018-2025
Chapter 1: Claims Management Software Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Claims Management Software Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Claims Management Software Market Effect Factors Analysis
Chapter 12: Global Claims Management Software Market Forecast
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