Healthcare payer network management is the process of onboarding, credentialing, and contracting providers to serve a payer's member population. It is a crucial function that requires effective processes, streamlined data, and robust communication tools. But many payers are struggling to meet this need, as they use outdated homegrown systems and experience a lack of collaboration.
Market Dynamics:
Transition to value-based care, rising healthcare costs, and consumer expectations are anticipated to drive the growth of the global healthcare payer network management market over the forecast period. Moreover, population health management is also expected to boost the growth of the global healthcare payer network management market over the forecast period. Technological integration and automation, telehealth and remote services, value-based care models, and data analytics and insights are expected to create growth opportunities for the global healthcare payer network management market during the forecast period.
However, regulatory complexity, interoperability challenges, and resistance to change are expected to hamper the growth of the healthcare payer network management market over the forecast period.
Key features of the study:
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