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Healthcare Claim Management Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 15.95 Billion by 2030: Verified Market Research®
The “Global Healthcare Claim Management Market Size By End-User (Healthcare Providers, Healthcare Payers), By Type (Standalone Solutions, Integrated Solutions), By Component (Software, Services), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Healthcare Claim Management Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 6, 2023 /PRNewswire/ — The Global Healthcare Claim Management Market is projected to grow at a CAGR of 5.28% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 10.62 Billion in 2022 and is expected to reach USD 15.95 Billion by the end of the forecast period.
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Browse in-depth TOC on “Healthcare Claim Management Market“
202 – Pages
126 – Tables
37 – Figures
Healthcare Claim Management Market: Rising Demand for Efficient Solutions to Optimize Revenue in the Healthcare Sector
The global healthcare claim management market is witnessing substantial growth, driven by the increasing prevalence of healthcare claims due to the aging population and the rise in chronic illnesses. Healthcare providers and payers are seeking effective claim management solutions to handle the growing workload and reduce expenses while streamlining their processes. Medical claims management software plays a crucial role in optimizing revenue for healthcare providers by facilitating efficient claims and reimbursement processes.
The demand for automation and digitalization in healthcare claim management market is on the rise, as they offer improved operational efficiency and cost savings. Governments worldwide are also implementing strategies to encourage the adoption of claim management software, exemplified by the Health Insurance Portability and Accountability Act (HIPAA) in the US, which promotes the use of electronic claim filing and processing.
However, the establishment of a comprehensive healthcare claim management system may pose challenges, particularly for smaller healthcare organizations with limited funds. Upfront expenses related to software licenses, hardware infrastructure, and personnel training can be barriers to implementation. Moreover, the management of healthcare claims requires the handling of sensitive patient data, raising concerns about data breaches and unauthorized access in the face of increasing cybersecurity attacks.
Despite these challenges, cloud-based claim management solutions are gaining popularity due to their scalability, efficiency, and flexibility. These solutions provide opportunities for industry expansion by facilitating data sharing, remote access, and software upgrades. Integration of artificial intelligence (AI) and machine learning (ML) technologies in claim management systems further enhances the automation of processes, strengthens fraud detection capabilities, and improves claim adjudication accuracy.
Key Players in the healthcare claim management market include:
- Cerner Corporation
- Eclinicalworks
- Athenahealth
- nthrive
- Allscripts Healthcare Solutions
- GE Healthcare
- Health Solutions Plus (HSP)
- Optum Inc.
- Mckesson Corporation
- Conifer Health Solutions
- Others
These key players contribute to the market’s growth through their financial statements, product benchmarking, SWOT analysis, and key development strategies. Market ranking analysis showcases their market position and competitive advantage.
In conclusion, the healthcare claim management market is experiencing significant growth as healthcare providers and payers recognize the need for efficient solutions to manage the increasing volume of medical claims. Automation, digitalization, and the integration of AI and ML technologies are driving the market forward. With the emergence of cloud-based solutions, the industry is set to expand further, presenting opportunities for improved efficiency and revenue optimization in the healthcare sector.
For further information, detailed market insights, and a comprehensive analysis of the Global Healthcare Claim Management Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Healthcare Claim Management Market into Type, End User, Component, And Geography.
- Healthcare Claim Management Market, by End User
- Healthcare Providers
- Healthcare Payers
- Others
- Healthcare Claim Management Market, by Type
- Standalone Solutions
- Integrated Solutions
- Healthcare Claim Management Market, by Component
- Software
- Services
- Healthcare Claim Management Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Fintech PR
VIVOTEK Wins Double Honors for Its Commitment to Sustainability
TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
View original content:https://www.prnewswire.co.uk/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339223.html
Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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View original content:https://www.prnewswire.co.uk/news-releases/2024-global-youth-design-contest-on-chinese-characters-themed-guiyang-in-characters-successfully-concluded-302339323.html
Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
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