The study, published by Market Size Forecasters, notes several expected drivers of the market, including the shift to value-based care, the demand to reduce billing errors and implementation of big data analytics.
“A steady stream of government compliance requirements such as ICD-10 transition and HIPAA v5010; and increased fraudulence screening are generating demand for more robust solutions,” the report states.
Other expected market drivers are a growing desire for accountable care participation and reimbursement and payment reforms, among others, according to the report.
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