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(Medical-NewsWire.com, September 15, 2018 ) According to Verified Market Intelligence, the global healthcare payer services market was valued at USD 11.97 billion in 2016 and is projected to reach USD 32.94 billion by 2025, growing at a CAGR of 11.9% from 2017 to 2025.
Healthcare payer services are the services for the ease and benefits of health care insurance payers and providers. Payers are forced to rethink their processes and business models to deal with the competition in the market due to changes occurring in the healthcare sector while delivering enhanced quality of patient care. Due to increased breaches and fraud, these services have increased their web in the market.
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Increase in the number of frauds, dynamic nature of health benefit plans for payers, federal laws in the U.S. focusing on payers and the shortage of IT technicians in internal staff has been driving the global healthcare payer services market. While the risk of data breaches and management control issues acts a potential restraint for the overall market at a global level.
The major players in the market are as follows:
Cognizant Technology Solutions
Accenture PLC
Exlservice Holdings, Inc.
Concentrix Corporation (A Subsidiary of Synnex Corporation)
Hewlett-Packard
Hinduja Global Solutions Limited
Xerox Corporation
Dell, Inc.
Genpact Limited
HCL Technologies Ltd.
Wipro Limited
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Source: EmailWire.Com 
Source: EmailWire.com
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