LAMEA Patient Access Solutions Market Size, Share & Industry Trends Analysis Report By Offering, By Deployment Mode (Web & Cloud-based Solutions and On-premises), By End User (Healthcare Providers, HCIT Outsourcing Companies), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Patient Access Solutions Market would witness market growth of 12.1% CAGR during the forecast period (2022-2028).
Healthcare personnel struggle to keep up with their hectic schedules and heavy workloads. Utilizing an appointment booking service to decrease no-shows and late arrivals to appointments is important for enhancing health results. The patient's health is kept top of mind when they send these automatic appointment reminders for a patient's past due or forthcoming follow-up appointments. Reminders that encourage patients to be informed serve to keep them healthy and prevent illnesses.
By offering resources that address these needs through an integrated communication system, the patient reminder system has already decreased no-shows, missed appointments, and cancellations. There is no need to daily upload patient demographics and appointments because this is integrated with the appointment scheduler and cloud EHR. When providers submit requests at the point of electronic prescribing, the prior authorization process is automated (E-Prescribing). The prescription and patient's insurance information are used in this direct integration to automatically choose the right request and fill it with patient data from records.
The GCC, or Gulf Countries Cooperation, which consists of Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain, has experienced population growth, a shift towards an older age-group allocation, and a higher incidence of lifestyle-related diseases. The health systems are pursuing this profound shift. A change in the age-group distribution has also been brought about by increased life expectancy. The need for healthcare infrastructure and services has increased due to the rise of lifestyle-related diseases like diabetes, asthma, and obesity. Additionally, the high hospital bed density in the GCC calls for a redesign of healthcare delivery. The growing government initiatives for accelerate the growth of the Patient access solutions in this region.
The Brazil market dominated the LAMEA Patient Access Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $60.4 million by 2028. The Argentina market is experiencing a CAGR of 12.7% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 11.8% during (2022 - 2028).
Based on Offering, the market is segmented into Services and Software. Based on Software Type, the market is segmented into Eligibility Verification Software, Medical Necessity Management Software, Precertification & Authorization Software, Claims Denial & Appeal Management, Payment Estimation Software and Claims Payment Assessment, Processing Software & Others. Based on Deployment Mode, the market is segmented into Web & Cloud-based Solutions and On-premises. Based on End User, the market is segmented into Healthcare Providers, HCIT Outsourcing Companies and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include UnitedHealth Group, Inc. (Optum, Inc.), Cognizant Technology Solutions Corporation, McKesson Corporation, Oracle Corporation (Cerner Corporation), Experian PLC, 3M Company, Epic Systems Corporation, AllScripts Healthcare Solutions, Inc., F. Hoffmann-La Roche Ltd. (Genentech, Inc.), and Tenet Healthcare Corporation (Conifer Health Solutions, LLC).
Scope of the Study
Market Segments Covered in the Report:
- Eligibility Verification Software
- Medical Necessity Management Software
- Precertification & Authorization Software
- Claims Denial & Appeal Management
- Payment Estimation Software
- Claims Payment Assessment, Processing Software & Others
By Deployment Mode
- Web & Cloud-based Solutions
By End User
- Healthcare Providers
- HCIT Outsourcing Companies
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- UnitedHealth Group, Inc. (Optum, Inc.)
- Cognizant Technology Solutions Corporation
- McKesson Corporation
- Oracle Corporation (Cerner Corporation)
- Experian PLC
- 3M Company
- Epic Systems Corporation
- AllScripts Healthcare Solutions, Inc.
- F. Hoffmann-La Roche Ltd. (Genentech, Inc.)
- Tenet Healthcare Corporation (Conifer Health Solutions, LLC)
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