(EMAILWIRE.COM, January 31, 2019 ) Patient access solutions market is expected to reach USD 1.74 Billion by 2022 from an estimated USD 1.14 Billion in 2016, at a CAGR of 7.6%. Regulatory compliance encouraging use of patient access solutions, increasing patient volume & subsequent growth in demand for health insurance, growing importance of denials management, declining reimbursement rates, & need to curtail escalating healthcare costs are major factors driving growth of patient access solutions market.
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Patient Access Solutions can increase estimate accuracy, streamline POS collections, and prevent denials down the line so you can focus on your priority – patient. Pushing revenue cycle to point of services. With our single platform approach across clinical and financial systems, weve embedded core EDI services like verifying a patients address, checking eligibility and benefits and validating medical necessity checks within registration workflow.
In addition, patient access solutions market help to reduce documentation errors related to medical necessity denials & streamlines front-end staff workflow with automated tracking & authorization which in turn is expected to boost adoption of patient access solutions among healthcare providers. However, factors like high deployment costs of these solutions and lack of adequate clinicians with advanced IT skills may hinder adoption of these solutions among healthcare providers.
#Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Patient Access Solutions Market, By Product and Service
8 Patient Access Solutions Market, By Delivery Mode
9 Global Patient Access Solutions Market, By End Users
10 Patient Access Solutions Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
Patient access solutions market include software and services that help healthcare organizations to maintain their financial balance by reducing operational costs and minimizing claims rejection. These solutions are used to verify a patients insurance coverage eligibility, enable efficient claims processing, and manage medical necessity & denials.
Target Audience Covered for Patient Access Solutions Market
Healthcare service providers
Healthcare service payers/insurance companies
Patient access solutions software and service providers
Healthcare IT outsourcing companies
Clearing houses
Venture capitalists
Government bodies
Business research and consulting firms
Top players in patient access solutions market are McKesson (US), Epic Systems (US), Cerner (US), Cognizant (US), Experian plc (Ireland), Optum, Inc. (US), Conifer (US), The Advisory Board Company (US), The 3M Company (US), Craneware, Inc. (UK), The SSI Group, LLC (US), ZirMed, Inc. (US), Cirius Group, Inc. (US), and AccuReg Software (US).
More Information Patient Access Solutions Market by Product & Service (Eligibility Verification, Medical Necessity, Prior-authorization, Denial Management), Delivery Mode (Web & Cloud, On-premise), End User (Providers, Outsourcing Companies) – Global Forecast to 2022 report at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1284673 .
Asia Pacific market is comparatively new to patient access solutions; however, this region is expected to register highest growth in coming years. Countries like Japan, Australia, New Zealand, South Korea, & Singapore are expected to provide significant growth opportunities for patient access solutions vendors.
Objectives of the Study
To define, describe, segment and forecast the global patient access solutions market on the basis of product & service, delivery mode, end user, and region
To forecast the size of the patient access solutions market with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
To provide detailed information regarding the major factors influencing the growth of the global patient access solutions market (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze the opportunities in the market for stakeholders and provide details of the competitive leadership mapping for market leaders
To profile key players in the global patient access solutions market and comprehensively analyze their core competencies and market shares
To track and analyze competitive developments such as acquisitions; product launches; collaborations, partnerships, and agreements; and expansions in the market
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