The Future of Healthcare: How BPO is Transforming the US Industry

Healthcare BPO market is showing strong growth as healthcare expenditures in the US are on the rise. The US healthcare market, which is worth $3.5 trillion, is expected to grow at a CAGR of nearly 6% during 2018-2027. This is fueled by rising costs and value-based care transition, inducing providers to outsource non-strategic activities. Healthcare BPO services like revenue cycle management and health information management are seeing strong demand because they help lower costs and improve efficiency. The market will grow to $626.6 billion by 2029.

 

Source: MarketsandMarkets, Deloitte Insights, Avendus