Scope of the Study
Computer assisted coding operate differently than those of developed manually. It produces medical codes for particular terms in the document. Computer assisted coding has multiple advantages over the manual ones as it increases the efficiency and productivity. However, earlier it was done manually but increasing data had caused it to automate the process. Due to the shift towards the technologically advanced health care systems, there is rise in demand for medical coding. Additionally the integrated computer assisted coding is growing continuously in the market.
The market study is being classified, by Application (Automated Computer-Assisted Encoding, Clinical Coding Auditing and Management Reporting and Analytics) and major geographies with country level break-up.
Optum, Inc. (United States), McKesson Corporation (United States), Nuance Communications Inc. (United States), Cerner Corporation (United States), Precyse Solutions, LLC (United States), Trucode (United States), Craneware Plc. (United Kingdom), Epic Systems Corporation (United States), M-Scribe Technologies, LLC (United States) and ezDI, Inc (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Coding Strategies, Inc. (United States), Alpha II, LLC (United States), ID GmbH & Co. (Germany), iMedx (United States) and ZyDoc (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Computer Assisted Coding market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Computer Assisted Coding market by Type, Application and Region.
On the basis of geography, the market of Computer Assisted Coding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Accuracy and Reduced Cost of Maintenance
- Growing Need of Patients Data Management
- Increasing Adoption of CAC Solutions in Health Care
- Rapid Implementation of Electronic Health Record
- High Implementation Costs may Hamper the Market
- Lack of Support of CAC on Site
- Increasing Adoption of Cloud Based Solutions
- High Demand in Developing Countries Owing to Rising Investments on Health Care
- Lack of Awareness and Reluctance of CAC Solutions in Emerging Economies
Market Leaders and their expansionary development strategies
In 2019, Optum completes acquisition of Davita Medical group due to which Davita Medical groupís care practice will become Intermountain healthcare
Key Target AudienceManufacturers, Distributors and Traders, Research Organizations, Government Agencies and Organizations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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