Medical Claims Processing Services
The Medical Claims Processing Services industry in the United States helps healthcare providers collect payments from private insurance companies and government insurance programs. As health expenditure rose over the five years to 2019, the industry revenue is expected to grow. Improving economic conditions have brought down the unemployment rate, increasing Americans' access to private employer-sponsored health insurance. In addition, the aging population has increased the number of patients who are eligible for Medicare, a government-sponsored health insurance program. The industry is expected to continue benefiting from higher health expenditure over the five years to 2024. The expanding senior population will create demand via Medicare. However, changes to the Patient Protection and Affordable Care Act are likely to contribute to stagnation in the number of people with private health insurance. Despite this, industry revenue is projected to grow.
The Medical Claims Processing Services industry processes and administers medical insurance policies and claims. Businesses help doctors and other healthcare providers collect payments from insurance companies and Medicare.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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