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Global Medical Billing Outsourcing Market to Grow at a CAGR of 9.29% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Medical Billing Outsourcing Market 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 08/21/2015 -- Report forecast the global medical billing outsourcing market to grow at a CAGR of 9.29% over the period 2014-2019.

Globally, healthcare spending is expected to increase, which will put additional pressure on healthcare delivery systems, governments, and insurers. The major reasons for increased spending in developed countries are an aging population and lower fertility rate; in emerging countries, it is the lack of infrastructure, increase in chronic diseases, and inequality in availability of patient care.

Over the years, healthcare enterprises worldwide have become increasingly dependent on technology and the Internet for their day to day operations. This trend is expected to intensify, which will make the role of IT departments vital. However, many healthcare enterprises are facing difficulties in handling medical operations, and managing and providing healthcare services to their customers.

Increasing cost pressures, increased need for risk and compliance management, process inefficiencies, and a closer alliance with business goals are driving healthcare organizations toward outsourcing models that focus on both agility and control. They help healthcare providers transform their finances from cost centric to profit centric, thereby balancing expense and growth, reducing cash conversion cycle, improving daily sales outstanding, and aiding in maximizing ROI during a particular period.

This report provides an overview of the global medical billing outsourcing market. The report also includes an overview of the global healthcare IT market and market segmentation by geography.

Global Medical Billing Outsourcing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global medical billing outsourcing market landscape and its growth prospects in the coming years.The report also includes profiles of key vendors operating in this market.

According to the report, any organization, whether small or large, is trying to improve its relationship with its customers to enhance and improve customer satisfaction. This will help medical enterprises in changing and competitive business environments. Many medical providers in the global market are struggling to provide real-time access to customer information which allows customer executives to respond better to customer requirements in an efficient manner. In addition, billing services are evidence of the trustworthiness of the service provider and there is a high chance of losing a customer because of even a small mistake in the billing system. Thus, increasing customer satisfaction is likely to be one of the primary drivers contributing to the growth of the global medical billing outsourcing market.

Key players in the Global Medical Billing Outsourcing Market 2015-2019: Accenture, AGS Health, Cognizant Technology Solutions, GeBBS Healthcare, Genpact, HCL Technologies and Medusind

Other Prominent Vendors in the market are: Accretive Health, ACP, Boehringer Ingelheim, Catalent, Claimcare, Covance, CureMD, Dr billing Service, e-care India, Healthcare Administrative Partners, ICON Medical Billing, iGATE, INFINIT Healthcare, Infosys, Invensis, Inventive Software Solutions, Kareo, Mba Healthgroup, Millensys, Mphasis, Omega Healthcare, Outsource Management Group, Parexel International, PPD, Quintiles, TCS, Vee Technologies and WNS

Market Driver
- Increased Need for Cost-effective Operations
- For a full, detailed list, view our report

Market Challenge
- Stringent Regulatory Norms
- For a full, detailed list, view our report

Market Trend
- Emergence of Cloud-based Billing Services
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 80 pages "Global Medical Billing Outsourcing Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Geography, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit-

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