3 things to know about the global medical billing market

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The global medical billing market is projected to grow over the compound annual growth rate of around 6.3 percent from 2016 to 2027, according to a news release, which cites a Market Research Future forecast.

Here are three things to know.

1. The global medical billing market is increasing rapidly, primarily due to advances in IT technology.

2. Factors influencing the growth of the medical billing market also include the increasing expenditure in healthcare, increasing use of internet, increased need for risk and compliance management, increasing digitalization in healthcare, among others, according to a news release.

3. Key players of global medical billing market include:

  • Accenture (U.S.)
  • TCS (India)
  • AGS Health (India)
  • Cognizant Technology Solutions (U.S.)
  • GeBBS Healthcare (U.S.)
  • Genpact (U.S.)
  • HCL Technologies (India)
  • Medusind (India)
  • MedHok
  • Nordic

 

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