New Technology Innovations for Healthcare Fraud Detection Market Explained by 2019-2026 with Top Companies-Verscend Technologies, SAS Institute, Wipro Limited, IBM

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New Technology Innovations for Healthcare Fraud Detection Market Explained by 2019-2026 with Top Companies-Verscend Technologies, SAS Institute, Wipro Limited, IBM

Healthcare Fraud Detection Market report includes the profiles of leading companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years

Healthcare fraud are difficult to detect and are generally go unnoticed, therefore detection of such fraudulent claims is necessary, as they increase burden on the society. The use of fraud detection solution enable healthcare firms in accounting, and auditing by predictive data methodologies. Careful account auditing can reveal suspicious providers and policy holders and detect potential fraudulent cases before it occurs.

North America is anticipated to hold largest share of the healthcare fraud detection market, followed by Europe. Factors such as rise in the number of people adopting health insurance, rising cases of healthcare fraud, favorable government initiatives to combat healthcare fraud, rising pressure to reduce healthcare costs, and greater product and service availability are expected to drive market growth in this region. Moreover, Asia Pacific is expected to grow at a fastest rate during the analysis period due to increasing awareness, improving healthcare infrastructure and growing investment in the healthcare technology.

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Some of the key players influencing the market are:-

Verscend Technologies, Inc., Fair Isaac Corporation, SAS Institute Inc., SCIOInspire, Corp., Wipro Limited, IBM Corporation, Conduent, Inc., HCL Technologies Limited, CGI Group Inc., and McKesson Corporation.

Large number of fraudulent activities in healthcare, rising number of patients opting health insurance, prepayment review model, increasing pressure of fraud and abuse on healthcare spending is expected to drive the growth of the market. Moreover, increasing adoption of cloud-based analytics, emergence of social media and its impact on the healthcare industry, artificial intelligence (AI) in healthcare fraud detection is expected to provide opportunity for the growth of healthcare fraud detection market during the forecast period.

Our Report Helps to Provide:-

– Global analysis of Healthcare Fraud Detection market from 2017 – 2027 illustrating the progression of the market.

– Forecast and analysis of Healthcare Fraud Detection market by Dosage, Route of Administration and Application from 2017 – 2027

– Forecast and analysis of Healthcare Fraud Detection market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

The report aims to provide an overview of global healthcare fraud detection market with detailed market segmentation by delivery model, component, type, application, end user, and geography. The global healthcare fraud detection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The healthcare fraud detection market is segmented based on delivery model as, on-premise delivery models and on-premise delivery models.

On the basis of component healthcare fraud detection market is segmented into services and software.

Based on type, healthcare fraud detection market is segmented into predictive analytics, prescriptive analytics and descriptive analytics.

On the basis of application, healthcare fraud detection market is segmented into insurance claims review, payment integrity and other applications.

Based on the end user the market is segmented as public/government agencies, private insurance payers, third-party service providers and employers.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Healthcare Fraud Detection market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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Why should buy this Report:

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Healthcare Fraud Detection Market

– Highlights key business priorities in order to assist companies to realign their business strategies

– The key findings and recommendations highlight crucial progressive industry trends in the Healthcare Fraud Detection Market, thereby allowing players across the value chain to develop effective long term strategies

– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

– Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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