Healthcare Finance News January 21, 2019
Contributing factors include mandates to curb costs, increasing regulatory requirements and growing EHR adoption.
The healthcare business analytics market is forecasted to swell from $14 billion this year to $50.5 billion by 2024, at a compound annual growth rate of 28.3 percent, driven by clinical, financial, administrative and population health analytics.
The ReportsnReports analysis noted the financial analytics market is segmented into revenue cycle management; claims processing; payment integrity and fraud, waste and abuse; and risk adjustment and risk assessment.
IMPACT
In 2019, North America is expected to account for the largest share of the healthcare analytics market, which is expected to register the highest CAGR during the forecast period.
Factors such as growing federal healthcare mandates to curb rising...
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