Medical Billing Market Analysis, Size, Application, Technology, Service And Forecasts, 2018 To 2023

This report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies

Medical billing is a payment practice within health system. The process involves a healthcare provider submitting, and following up on, claims with health insurance companies in order to receive payment for services rendered; such as treatments and investigations. The same process is used for most insurance companies, whether they are private companies or government sponsored programs. Medical coding reports what the diagnosis and treatment were, and prices are applied accordingly.
Many software companies have arisen to provide medical billing software to this particularly lucrative segment of the market. Several companies also offer full portal solutions through their own web-interfaces, which negates the cost of individually licensed software packages. Due to the rapidly changing requirements by U.S. health insurance companies, several aspects of medical billing and medical office management have created the necessity for specialized training.
Over the next five years, LPI(LP Information) projects that Medical Billing will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Medical Billing market by product type, application, key companies and key regions.

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To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:
Professional Billing
Institutional Billing
Segmentation by application:

We can also provide the customized separate regional or country-level reports, for the following regions:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
AGS Health
Cognizant Technology Solutions
GeBBS Healthcare
HCL Technologies
Infinit Healthcare

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Medical Billing market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Medical Billing market by identifying its various subsegments.
Focuses on the key global Medical Billing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Medical Billing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Table of Contents

2018-2023 Global Medical Billing Market Report (Status and Outlook)

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Medical Billing Market Size 2013-2023
2.1.2 Medical Billing Market Size CAGR by Region
2.2 Medical Billing Segment by Type
2.2.1 Professional Billing
2.2.2 Institutional Billing
2.3 Medical Billing Market Size by Type
2.3.1 Global Medical Billing Market Size Market Share by Type (2013-2018)
2.3.2 Global Medical Billing Market Size Growth Rate by Type (2013-2018)
2.4 Medical Billing Segment by Application
2.4.1 Hospital
2.4.2 Clinics
2.4.3 Pharmcy
2.5 Medical Billing Market Size by Application
2.5.1 Global Medical Billing Market Size Market Share by Application (2013-2018)
2.5.2 Global Medical Billing Market Size Growth Rate by Application (2013-2018)

3 Global Medical Billing by Players
3.1 Global Medical Billing Market Size Market Share by Players
3.1.1 Global Medical Billing Market Size by Players (2016-2018)
3.1.2 Global Medical Billing Market Size Market Share by Players (2016-2018)
3.2 Global Medical Billing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion


11 Key Players Analysis
11.1 Accenture
11.1.1 Company Details
11.1.2 Medical Billing Product Offered
11.1.3 Accenture Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Accenture News
11.2 TCS
11.2.1 Company Details
11.2.2 Medical Billing Product Offered
11.2.3 TCS Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 TCS News
11.3 AGS Health
11.3.1 Company Details
11.3.2 Medical Billing Product Offered
11.3.3 AGS Health Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 AGS Health News
11.4 Cognizant Technology Solutions
11.4.1 Company Details
11.4.2 Medical Billing Product Offered
11.4.3 Cognizant Technology Solutions Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.4.4 Main Business Overview
11.4.5 Cognizant Technology Solutions News
11.5 GeBBS Healthcare
11.5.1 Company Details
11.5.2 Medical Billing Product Offered
11.5.3 GeBBS Healthcare Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.5.4 Main Business Overview
11.5.5 GeBBS Healthcare News
11.6 Genpact
11.6.1 Company Details
11.6.2 Medical Billing Product Offered
11.6.3 Genpact Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.6.4 Main Business Overview
11.6.5 Genpact News
11.7 HCL Technologies
11.7.1 Company Details
11.7.2 Medical Billing Product Offered
11.7.3 HCL Technologies Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.7.4 Main Business Overview
11.7.5 HCL Technologies News
11.8 Infinit Healthcare
11.8.1 Company Details
11.8.2 Medical Billing Product Offered
11.8.3 Infinit Healthcare Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.8.4 Main Business Overview
11.8.5 Infinit Healthcare News
11.9 Medusind
11.9.1 Company Details
11.9.2 Medical Billing Product Offered
11.9.3 Medusind Medical Billing Revenue, Gross Margin and Market Share (2016-2018)
11.9.4 Main Business Overview
11.9.5 Medusind News


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