• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech

Healthcare Fraud Analytics Market Share, Potential Growth by 2030

August 1, 2022

How to make a logo for free

January 21, 2023
If you've attempted to fix or sell your TV that is damaged but you've had no positive results so what to do with a Broken TV, it's time to attempt to recycle it. Recycling your TV is more beneficial than throwing it in the garbage.

Innovative Ideas About what to do with a Broken TV

January 21, 2023
Masako Katsura

Masako Katsura, First Lady of Billiards

January 19, 2023
Dr. Ildaura Murillo-Rohde

Celebrating the life and legacy of Dr. Ildaura Murillo-Rohde, founder of NAHN

January 19, 2023
Andrew Tate Net Worth

Andrew Tate Net Worth: How Andrew Tate Built A $700 Million Per Month Business Teaching Online Social Media

January 19, 2023
Arturo Moreno

Arturo Moreno Becomes First Mexican American Owner Of A Major U.S. Sports Team

January 19, 2023
Pasta Pizza

5 Delicious and Easy Pasta Pizza Recipes You Won’t Believe Are Healthy

January 19, 2023
Noodles and Dumplings

The Best Noodles and Dumplings Recipes Guaranteed To Satisfy

January 19, 2023
Intrauterine pregnancy

Intrauterine pregnancy: What is it? What are the risks?

January 19, 2023
All Year Cooling Reviews

All Year Cooling Reviews: How They Work And What They’re Good For

January 19, 2023
Non standard Insurance Companies

What Are The Non standard Insurance Companies, And What Kinds Of Coverage Do They Offer?

January 19, 2023
US Mobile Reviews

US Mobile Reviews: About Us Mobile Shows Their Awesome Features

January 19, 2023
Friday, January 27, 2023
News Plana
  • Home
  • Business
  • Health
  • Technology
  • write for us
  • Contact
No Result
View All Result
  • Home
  • Business
  • Health
  • Technology
  • write for us
  • Contact
No Result
View All Result
News Plana
No Result
View All Result
Home Business

Healthcare Fraud Analytics Market Share, Potential Growth by 2030

by MarketReportHub
August 1, 2022
in Business
0
Share on FacebookShare on Twitter

Health is wealth” is an old adage that we all have heard since time immemorial. The importance of health need not be told or explained to anyone. In the wake of the pandemic, which has hit us hard, we cannot emphasize more on the importance of the healthcare sector. Still, the rising number of fraudulent cases in the healthcare area all around the globe and the insurance industry, which seems to be leveraging the opportunity lurking in this area, are the factors that are quite worrisome. There are hovering concerns regarding the healthcare fraud analytics industry; the most common among them is the lack of privacy and an acute shortage of data scientists, which seem to affect the market in a negative manner. For sure, the hospital industry is growing, and with it, the expenditure concerning technological advancements has also shot up. Though there has been a slight reduction in the number of days of the average hospital stay per person (from 7 days to 5-6 days), there has been an increase in the total number of hospital admissions in 2017 (36.5 million). One of the major reasons which are responsible for fuelling up the hospital market in the US is an increase in the elderly population. The multi-specialty, as well as super-specialty hospitals, has in store a plethora of opportunities for the forecast period of 2022-2030. Since the micro-hospitals are providing personalized care all around the clock with a waiting period of fewer than 5 minutes, they are gaining huge popularity among people. Because of the ongoing advancements, the hospital industry is growing and is likely to hold many such opportunities for the market of Healthcare Fraud Analytics in the near future.

Research Methodology:

The healthcare fraud analytics market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Get Access to sample Report Pages @ https://www.marketreporthub.com/sample.php?id=00120

The market of healthcare fraud analytics is expected to reach $XX billion by 2030 at a CAGR of ~XX% during the forecast period of 2022-2030

The segmentation of the Market is enumerated below:

By Delivery model

  • On-premise
  • On-demand

By Application

  • Insurance Claims Review
  • Pharmacy Billing Misuse
  • Payment Integrity
  • Other applications

By End-User

  • Public & Government Agencies
  • Private Insurance Payers
  • Third-party service providers
  • Employers

By Region

  • North America
  • Europe
  • APAC
  • RoW

By Solution Type

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics

On the basis of kind of solution, the market of Healthcare Fraud Analytics witnesses the descriptive Analytics segment holding the largest share as of 2019. The Descriptive Analytics segment forms the base for the effective application of prescriptive or predictive analytics. Therefore, these analytics use the basics of descriptive analytics and then integrate them with those of the additional sources of data, which in turn leads to the generation of meaningful insights.

As per the analysis based on application, the market is furcated into insurance claims review, pharmacy billing misuse, payment integrity, and other applications. The insurance claims review segment as of 2019 dominated the healthcare fraud analytics market. The major drivers of the growth of this segment are the rising number of fraudulent claims, the growing patients’ count seeking health insurance, and the growing adoption of the prepayment review model.

The end-users segment in this market can be segregated into hospitals, home care settings, ambulatory care settings, academic and research institutes. The segment holding the major share in this market is the hospital segment owing to the specialized Healthcare Fraud Analytics adopted by the hospitals and the presence of trained professionals for operating them efficiently.

Check For Instant Discount @ https://www.marketreporthub.com/discount.php?id=00120

Geographically, the global healthcare fraud analytics market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. North America witnessed the largest share of the market in 2019. The largest share of the North American market is ascribed to a drastic increase in healthcare frauds, the large volume of people taking health insurance, the burden of reducing healthcare costs, beneficial government anti-fraud initiatives, technological advancements, and greater product and service availability in this region. Also, a majority of dominant players in the market of healthcare fraud detection have their headquarters situated in North America.

The major vendors of the Healthcare Fraud Analytics Market are WhiteHatAI, Healthcare Fraud Shield, FraudLens, Inc, HMS, FraudScope, Inc, IBM, Optum (A Part of UnitedHealth Group), Cotiviti Holdings, Inc, Fair Isaac Corporation, SAS Institute, Change Healthcare, EXL Service Holdings, Inc, Wipro, Conduent, Inc, CL Technologies, CGI Group, DXC Technology Company, and Northrop Grumman Corporation

This report analysis helps the vendors in the market to know the current trends, dynamics, and opportunities of the market and the needs of the end-users. The value of the market on non-quantifiable bases and the analysis of revenues and market share enhances the user experience of the report.

Request for Report Table of Content @ https://www.marketreporthub.com/table_of_contents.php?id=00120

  • The competitive analysis of the major players enables users to understand the dynamic strategies such as technology innovation, partnerships, merger & acquisitions and joint ventures of the key players
  • This report also provides the SWOT analysis, portfolio analysis, capability analysis of the leading players
  • Quantitative analysis of the market enables users to understand the actual facts of the market across four major regions
Tags: Healthcare Fraud Analytics Market
Share197Tweet123Share49
MarketReportHub

MarketReportHub

Related Posts

How effective operations managers motivate their staff

by News Plana
December 21, 2022
0

Managing people effectively is challenging for any leader. The goal is to increase the ‘bottom line’ for your organization while...

Feeding Systems Market

Feeding Systems Market is projected to be worth USD 4.78 billion by 2030

by smithmkts
October 31, 2022
0

According to SPER Market Research, the Global Feeding systems Market Analysis is one of the most modern and adaptable systems on the...

Introducing the Contemporary Furniture Industry

by Adnan Ahmed
October 29, 2022
0

The contemporary furniture industry is a global and dynamic business, and the market has grown by leaps and bounds in...

Tufted area rugs

Tufted Area Rugs : A Complete Guide

by andrew085
October 28, 2022
0

While buying a Tufted area rugs, there are a few things that you should look for. The tufts can be...

  • Trending
  • Comments
  • Latest

WhatsApp Plus APK

July 2, 2022
Custom Boxes With Logo

Where to Buy Wholesale Custom Boxes With Logo

July 7, 2021
SCCM

Microsoft Intune vs SCCM

May 20, 2021
Click Funnels

Click Funnels: Attract new customers with funnels

1

How to make a logo for free

0

Best Cooling Gel Pillows for people that Run Hot

0

How to make a logo for free

January 21, 2023
If you've attempted to fix or sell your TV that is damaged but you've had no positive results so what to do with a Broken TV, it's time to attempt to recycle it. Recycling your TV is more beneficial than throwing it in the garbage.

Innovative Ideas About what to do with a Broken TV

January 21, 2023
Masako Katsura

Masako Katsura, First Lady of Billiards

January 19, 2023
News Plana

Copyright © 2012 News Plana. All Rights Reserved.

Navigate Site

  • Home
  • Business
  • Health
  • Technology
  • write for us
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Business
  • Health
  • Technology
  • write for us
  • Contact

Copyright © 2012 News Plana. All Rights Reserved.