Global Healthcare Fraud Analytics Industry : Positive Growth Trend Estimated between 2022-2028
Posted On February 18, 2022
Value Market Research's report on the Global Healthcare Fraud Analytics Market anticipates the market growth to show a positive trend during 2022-2028. An increase in the number of patients seeking health insurance and a vast number of fraudulent activities in healthcare is projected to drive the growth of the healthcare fraud analytics market. The application of analytics in healthcare business processing outsourcing (BPO), the implementation of fraud risk management systems, and the introduction of social media are all major market drivers. Furthermore, the sector is expanding due to a high return on investment and an increase in pharmacy-related fraud. However, due to the high cost of these health care fraud detection software and services, a scarcity of trained people, and a lack of adoption and awareness of health care fraud analytics services in countries, progress is projected to be hampered.
The term "healthcare fraud analytics" refers to a set of analytical methods for detecting issues such as claim submission form errors and claim duplication/repetition. Healthcare businesses can audit and account for analytical data approaches using a fraud detection tool. Health care fraud entails, among other things, defrauding government healthcare plans, insurance firms, businesses, and consumers. Top health sciences organizations currently employ various data mining tactics to avoid these fraudulent behaviors. Data mining techniques require scouring databases for new information, such as healthcare insurance information, fraud strategies, and healthcare information systems, among other things.
The report "Global Healthcare Fraud Analytics Market Report By Component (Services, Software), By Delivery Mode (On-Demand, On-Premise), By Analytical Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), By Application (Insurance Claims Review, Pharmacy Billing Misuse, Payment Integrity, Identity & Case Management, Others), By End User (Public & Government Agencies, Private Insurance Payers, Third-Party Service Providers, Employers) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" is a compresensive set of data with market overview, executive summary and detailed revenue analysis bifurcated by segments and regions. The study covers the historical trends along with the geo-economical conditions of the industry related to the healthcare fraud analytics market, thus leading to a robust and reliable report
The following segments in the market are covered in the report :
- Delivery Mode
- Analytical Type
- Predictive Analytics
- Prescriptive Analytics
- Descriptive Analytics
- Insurance Claims Review
- Pharmacy Billing Misuse
- Payment Integrity
- Identity & Case Management
- End User
- Public & Government Agencies
- Private Insurance Payers
- Third-Party Service Providers
The report is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Players Profiled In the Report:
Conduent Inc., CGI Group Inc., Fair Isaac Corporation, HCL Technologies Ltd., IBM Corporation, Mckesson Corporation, SAS Institute, Inc., SCIO Insprise, Corp., and Wipro Limited.
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