Healthcare IT Outsourcing Market (by Payer & Provider) Worth $50.4 Billion by 2018 - New Report by MarketsandMarkets

Outsourcing of IT solutions in the healthcare industry has emerged as an efficient solution to mitigate rising healthcare costs and to meet the growing demand for quality care; http://www.marketsandmarkets.com/Market-Reports/healthcare-it-outsourcing-market-1219.html.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
MarketsandMarkets

MarketsandMarkets

Key Players - Accenture Plc. (Ireland), Accretive Health, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Anthelio Healthcare Solutions (U.S.), Cognizant Technology Solutions (U.S.), Dell, Inc. (U.S.), HCL Technologies (India)

(PRWEB) March 19, 2014

The “Healthcare IT Outsourcing Market - By Application [Provider (EHR, RCM, LIMS) Payer (CRM, Claims Management, Fraud Detection, Billing) Life Science (ERP, CTMS, CDMS) Operational (SCM, BPM) & Infrastructure (IMS, Cloud Computing)] & Industry - Global Forecast To 2018”, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, APAC, and Rest of the World.

Browse 147 market data tables and 11 figures spread through 365 pages and in-depth TOC on “Healthcare IT Outsourcing Market"

http://www.marketsandmarkets.com/Market-Reports/healthcare-it-outsourcing-market-1219.html

Early buyers will receive 10% customization on this report.

The global market is forecast to grow at a CAGR of 7.6%, to reach $50.4 billion by 2018 from $35 billion in 2013. The health insurance industry, healthcare systems industry, and pharmaceutical industry are driving the HCIT outsourcing market.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1219.

The rise in demand for better quality healthcare by public and private organizations is expected to result in the increased cost of healthcare across the world. The cost of healthcare is rising throughout the world due to various factors such as the absence of universal coverage of insurance, unwanted administrative costs, recession and slow recovery process in selected geographies, increased costs due to new technologies such as robotic surgeries, growing burden of chronic diseases, and aging population in selected geographies. The increase in costs causes the healthcare providers to reduce their expenses and focus on savings. However, the providers cannot reduce expenses on patient care such as medical supplies. Thus, cost reduction on IT installation by outsourcing the IT applications, provides them a solution to gain competitive advantage while minimizing their expenses.

Ask for Free PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1219.

In this report, the HCIT outsourcing market is segmented on the basis of its application into provider outsourcing, payer outsourcing, life sciences outsourcing, operational services outsourcing, and infrastructure outsourcing. Furthermore, the market has also been segmented by industry. This segment includes the healthcare system (including hospitals, clinics, and diagnostic laboratories, among others.), the healthcare insurance industry, pharmaceutical industry, clinical research organizations, and biotechnology companies.

Factors propelling the growth of the market are the rising pressure to curb healthcare costs across the globe and the growing need to manage cash flow in back-office administration and IT management systems of healthcare provider, payers, and the life science segment. Lack of in-house IT expertise, rise in demand for integrating solutions, growing pressure on healthcare providers to meet the Meaningful Criteria set by the U.S. Federal Government, new ICD-10 conversion guidelines for coding, U.S. healthcare mandates, rise in aging population, and growing medical tourism in Asia are also likely to drive the HCIT outsourcing market.

Browse Related Reports:

Healthcare IT Integration Market by Products (Interface Engine, Medical Device Integration, Media Integration), Services (Implementation, Maintenance, Training), Applications (Hospitals, Radiology, Laboratory, Clinics, HIE) - Global Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/healthcare-it-integration-market-228536178.html

Healthcare BPO Market Payer (Claims Processing, HR Services, Finance & Accounts), Provider (Medical Billing & Coding) & Pharmaceutical (Clinical Trial, Contract Manufacturing, & Non-Clinical Services) - Trends & Forecasts (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/healthcare-outsourcing-bpo-market-472.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/healthcareit
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


Contact

Follow us on: Contact's Google Plus