Market Analysis
published on Apr 27, 2021
Report Overview:
NelsonHall's market analysis of the Healthcare Payer BPS Services consists of 64 pages.
Who is this Report for:
NelsonHall’s healthcare payer BPS managing effectiveness report is a comprehensive market assessment report designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of digital services and healthcare payer BPS effectiveness services and identifying vendor suitability for RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the healthcare payer BPS sector.
Scope of this Report:
The report analyzes the U.S. market for healthcare payer BPS effectiveness management services and addresses the following questions:
- What is the market size and projected growth for the U.S. healthcare payer BPS services?
- What is the profile of activity in the U.S. healthcare payer BPS services market?
- What are the top drivers for adoption of U.S. healthcare payer BPS effectiveness management services?
- What are the benefits currently achieved by users of healthcare payer BPS effectiveness management services?
- What factors are inhibiting user adoption of healthcare payer BPS effectiveness management services?
- Who are the leading healthcare payer BPS effectiveness management services vendors in the U.S.?
- What combination of services is typically provided within healthcare payer BPS effectiveness management services contracts and what new services are being added?
- What is the current pattern of delivery location used for healthcare payer BPS effectiveness management services and how is this changing?
- What are the challenges and success factors within U.S. healthcare payer BPS effectiveness management services?
Key Findings & Highlights:
NelsonHall’s market analysis of the U.S. healthcare payer BPS services market consists of 64-pages. The report provides a provides a view of how vendors are evolving their offerings and capabilities to improve healthcare payer BPS managing effectiveness services.
U.S. healthcare payer BPS effectiveness management services are enabling clients to utilize RPA, AI/ML, and analytics to improve customer service administration, reduce processing and turnaround times, reduce operational costs, and improve volume and process quality. Key user requirements include process redesign and domain expertise, application of advanced analytics, and ability to offer cloud-based solutions.
Vendors are increasingly focused on intelligent automation to bring process efficiencies, digital personalization through advanced analytics, process redesign and client-specific solution design. Vendors are continuing to expand and increase partnerships with IT vendors for “plug-in” solutions and platforms, and academic institutions for talent skilling and domain expertise.
Key investment areas include a focus on partnerships with telehealth providers to integrate or design virtual care solutions to offer comprehensive support to clients in the functions of care management, wellness offerings, and member behavior interventions.