- In September 2024, Cigna Healthcare unveiled its E-Treatment option through MDLIVE (Evernorth), making virtual care accessible to individuals with Cigna Healthcare insurance under the Affordable Care Act
- In August 2024, MediBuddy introduced an advanced fraud detection system named 'Sherlock,' utilizing artificial intelligence (AI), machine learning (ML), and data analytics to identify and prevent fraudulent activities in real-time within healthcare reimbursements
- In May 2024, ION Exchange Ltd, a prominent company in water and environment management solutions, launched a new healthcare benefit in collaboration with QubeHealth. This initiative features the QubeHealth-Pay app, which provides instant cashback on medical expenses, aiming to alleviate financial burdens for employees and their dependents
- In February 2024, New data from Sage Growth Partners was published by Encoda, a leader in healthcare reimbursement technology. The findings emphasized the necessity of balancing patient care with financial sustainability, revealing that over 41% of healthcare executives face daily challenges in managing revenue cycle issues amid evolving payer requirements
- In November 2023, The Centers for Medicare & Medicaid Services (CMS) finalized new policies designed to enhance primary care, promote health equity, support family caregivers, and improve access to behavioral and oral health services. These initiatives are part of the 2024 Medicare Physician Fee Schedule (PFS) final rule, which includes provisions for payment of principal illness navigation services to assist patients and families in managing treatments for serious illnesses such as cancer
Frequently Asked Questions
The market is segmented based on Segmentation, By Claim (Fully Paid and Underpaid), Payer (Private Payers and Public Payers), Service Provider (Physician Office, Hospitals, Diagnostic Laboratories, and Others) – Industry Trends and Forecast to 2031
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The Global Healthcare Reimbursement Market size was valued at USD 19.82 USD Billion in 2023.
The Global Healthcare Reimbursement Market is projected to grow at a CAGR of 16.55% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
