Over the past few year, factors such as Implementation of PPACA Compelled Healthcare Player to Move toward Outsourcing have contributed to the development of the Global Healthcare BPO Services market.
Undoubtedly, Rise of Nearshore Outsourcing Destinations and Access to Technology
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Healthcare BPO Services market is expected to make a significant contribution growing at a CAGR of 10.2%.
AMA research has engaged in the competitive assessment of China & Global Healthcare BPO Services Players for 5 years. The Top 10 Competitive Players in the Healthcare BPO Services in 2020 clearly displays the competitive situations of main Healthcare BPO Services Playersin 2020. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Players such as Cognizant (United States), Accenture (Ireland), Xerox (United States), Genpact (Bermuda), TCS (India), Infosys (India), Sykes (United States), IBM (United States), ACCENTURE (Ireland) and QUINTILES (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Healthcare BPO Services industry. It is understood that currently domestic Healthcare BPO Services players has been massively used by operators in North America.
"The Health Insurance Portability and Accountability Act (HIPAA) regulates how companies handle patient data. Any medical company or health practitioner violating this law can face serious criminal charges with fines up to USD 50,000 per violation." To be HIPAA compliant, BPO companies must have strict security measures in place to protect patient data. Hiring a service provider thatís HIPAA compliant will ensure that your patientís information never gets into the wrong hands.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Healthcare BPO Services market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Healthcare BPO Services market size is calculated using market estimation process, the Healthcare BPO Services market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Healthcare BPO Services market size has been validated using both top-down and bottom-up approaches.