DUBLIN, Oct. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/57rsqb/global_medical) has announced the addition of the "Global Medical Billing Outsourcing Market 2015-2019" report to their offering.

The global medical billing outsourcing market to grow at a CAGR of 9.29% over the period 2014-2019.

The report, Global Medical Billing Outsourcing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global medical billing outsourcing market landscape and its growth prospects in the coming years. The report also includes profiles of key vendors operating in this market.

Globally, healthcare spending is expected to increase, which will put additional pressure on healthcare delivery systems, governments, and insurers. The major reasons for increased spending in developed countries are an aging population and lower fertility rate; in emerging countries, it is the lack of infrastructure, increase in chronic diseases, and inequality in availability of patient care.

According to the report, any organization, whether small or large, is trying to improve its relationship with its customers to enhance and improve customer satisfaction. This will help medical enterprises in changing and competitive business environments. Many medical providers in the global market are struggling to provide real-time access to customer information which allows customer executives to respond better to customer requirements in an efficient manner. In addition, billing services are evidence of the trustworthiness of the service provider and there is a high chance of losing a customer because of even a small mistake in the billing system. Thus, increasing customer satisfaction is likely to be one of the primary drivers contributing to the growth of the global medical billing outsourcing market.

Over the years, healthcare enterprises worldwide have become increasingly dependent on technology and the Internet for their day to day operations. This trend is expected to intensify, which will make the role of IT departments vital. However, many healthcare enterprises are facing difficulties in handling medical operations, and managing and providing healthcare services to their customers.

Further, the report states that migration issues in the medical billing process are one of the major challenges for global medical billing service vendors.

Key Vendors

• Accenture
• AGS Health
• Cognizant Technology Solutions
• GeBBS Healthcare
• Genpact
• HCL Technologies
• Medusind

Other Prominent Vendors

• Accretive Health
• ACP
• Boehringer Ingelheim
• Catalent
• Claimcare
• Covance
• CureMD
• Dr billing Service
• e-care India
• Healthcare Administrative Partners
• ICON Medical Billing
• iGATE
• INFINIT Healthcare
• Infosys
• Invensis
• Inventive Software Solutions
• Kareo
• Mba Healthgroup
• Millensys
• Mphasis
• Omega Healthcare
• Outsource Management Group
• Parexel International
• PPD
• Quintiles
• TCS
• Vee Technologies
• WNS

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Geography
8. Buying Criteria
9. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/57rsqb/global_medical

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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SOURCE Research and Markets