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Healthcare Fraud Analytics Market 2027 Size, Share and Demand

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Healthcare Fraud Analytics Market

The healthcare fraud analytics market was valued at US$ 1,331.09 million in 2019 and is expected to grow at a CAGR of 27.0% from 2020 to 2027 to reach US$ 8,707.73 million by 2027.

Healthcare fraud is a kind of white-collar crime that includes the filing of dishonest health care claims to turn a profit. The most common types of health care fraud include billing for more expensive services or procedures, misrepresenting non-covered treatments, insurance frauds, and others. The global healthcare fraud analytics market driven by factors such as include rising number of healthcare fraudulent cases across the globe and growing health insurance industry are expected to boost the market growth over the years. However, concerns regarding healthcare fraud analytics is likely to have negative impact on the growth of the market in the coming years.

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Some of the companies competing in the Healthcare Fraud Analytics Market are

Conduent Inc.
DXC Technology
Scioinspire, Corp.
Optum, Inc.
SAS Institute
Pondera Solutions
Lexisnexis Risk Solutions
Cotiviti, Inc.

Global Healthcare Fraud Analytics Market – By Solution

Predictive Analytics
Descriptive Analytics
Prescriptive Analytics

Global Healthcare Fraud Analytics Market – By Mode of Delivery

On-Premise Delivery Models
Cloud Based Delivery Models

Global Healthcare Fraud Analytics Market – By Application

Insurance Claims Review
Pharmacy Billing Misuse
Payment Integrity
Identity Theft
Other Applications

Healthcare Fraud Analytics Market Segmented to 2027 – Global Analysis and Forecasts by Solution ( Predictive Analytics, Descriptive Analytics, Prescriptive Analytics ); Mode of Delivery ( On-Demand Delivery Models, On- Demand Delivery Models ); Application ( Insurance Claims Review, Pharmacy Billing Misuse, Payment Integrity, Medical Identity Theft, Other Applications ); End User ( Government Agencies, Private Insurance Payers, Third-party Service Providers, Employers ) and Geography.

Healthcare fraud is an illicit line of work which is committed by small minority of dishonest health care providers and organized crime groups. The healthcare fraud includes health insurance fraud, drug fraud, prescription drug diversion medical identification theft and others.

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This release was published on openPR.

Source: on 2021-06-03 22:52:05

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