Product ID: SQMIG35D2075
Global Healthcare BPO Market Size, Share, Growth Analysis, By Payer service(Claims management, integrated front-end services and back-office operations), By Provider service(Revenue cycle management, patient care), By Pharmaceutical service(Manufacturing services, research and development services) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2075 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
95 |
Figures:
78
Global Healthcare BPO Market Dynamics
Healthcare BPO Market Driver
- Increasing Pressure to Reduce Growing Healthcare Costs
Cost savings form an important consideration in outsourcing. In the US, there is the pressure on the margins of healthcare payers due to increasing health insurance exchanges. This enables consumers to obtain coverage from competing private healthcare providers and is likely to accelerate the adoption of outsourcing to rationalize costs.
Healthcare BPO Market Restraint
- Hidden Outsourcing Costs
Improper planning and financial allotment for outsourcing activities often lead to negative impact on cost savings and the business value that can be derived from outsourcing. Companies planning finances while outsourcing their business fail to take into account unforeseen costs, such as those incurred while evaluating and selecting vendor, managing offshore contracts, process transition and enhancing security and severance pay for employee. In addition, customised services and solutions provided by vendors are likely to cost 15-30% more than standard service.
Global Healthcare BPO Market Report Snapshots
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