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Medical Claims Processing Services - Industry Market Research Report

  • ID: 1998458
  • Report
  • October 2020
  • Region: Global
  • 40 pages
  • IBISWorld
Staking a Claim: An Aging Population and Higher Health Expenditure Are Expected to Support Industry Revenue

FEATURED COMPANIES

  • HMS Holdings Corp.

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.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • HMS Holdings Corp.
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • HMS Holdings Corp.
Note: Product cover images may vary from those shown

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