Major Players of Electronic Healthcare Data Interchange Market are McKesson Corporation, Optum Inc, Allscripts Healthcare Solutions Inc., Athenahealth Inc, NextGen Healthcare Inc, Experian plc, Cognizant Technology Solutions, Cerner Corporation, Synnex Corporation, The SSI Group LLC, Waystar Health, Comarch SA, Axway Software, PLEXIS Healthcare Systems Inc, Archer Software, TrueCommerce B2BGateway, DiCentral Corporation, 123 EDI and Quadax Inc.
New York, Sept. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Healthcare Electronic Data Interchange Global Market Report 2022” – https://www.reportlinker.com/p06318604/?utm_source=GNW
The global electronic healthcare data interchange market is expected to grow from $3.77 billion in 2021 to $4.19 billion in 2022 at a compound annual growth rate (CAGR) of 11.1% . The healthcare electronic data interchange market is expected to reach $6.12 billion in 2026 with a CAGR of 9.9%.
The healthcare electronic data interchange market consists of the sale of electronic data interchange services by entities (manufacturers, sole traders, and partnerships) used to securely transfer healthcare data to reduce administrative costs, minimize claim errors and increase productivity. Electronic health data interchange refers to a secure method of exchanging data between healthcare facilities, insurers and patients using standardized message formats and standards.
The main components covered by electronic health data interchange are services and solutions. Healthcare electronic data interchange services refer to the provision of EDI software, EDI managed services and other EDI-related applications to healthcare businesses.
Delivery methods include web and cloud EDI, value-added network (VAN) EDI, direct (point-to-point) EDI, and mobile EDI. The various end uses are healthcare payers, healthcare providers, pharmaceutical and medical device industries and other end uses.
North America was the largest region in the electronic health data interchange market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in the Electronic Data Interchange for Healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, America South, the Middle East and Africa.
The Electronic Healthcare Data Interchange Market Research Report is one of a series of new reports that provide statistics on the Electronic Healthcare Data Interchange market, including Global Healthcare Electronic Data Interchange Industry Market Size, Regional Shares, Competitors with Healthcare Electronic Data Interchange Market Share, Healthcare detailed Electronic Data Interchange market segments, market trends and opportunities, and any other data you may need to thrive in the Electronic Data Interchange in Healthcare industry. This Electronic Data Interchange in Healthcare Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The growing demand for electronic data interchange (EDI) in the healthcare sector is expected to propel the growth of the healthcare electronic data interchange market. Electronic data interchange is the electronic exchange of business information using a standardized format.
Electronic data interchange offers benefits such as fraud prevention and detection; delivery tracking ; share documents in real time; and the potential for future savings motivates the public and private sectors to adopt EDI. For example, in 2019 Italy introduced a platform for the electronic exchange of orders between the national health system (SSN) and its suppliers.
Orders for healthcare also pass through this platform. indirect federal, such as public authorities and foundations. law, using the Federal Bill Submission Portal.
Hence, the growing demand for electronic data interchange in the healthcare sector is driving the growth of the electronic data interchange market.
The integration of advanced technologies into EDI systems is expected to be a key trend in the healthcare electronic data interchange market. Large companies are integrating EDI solutions with new technologies such as APIs, AI and Blockchain.
Advanced technologies increase the agility and connectivity of EDI solutions, saving more time and money. For example, in April 2020, Data Communications Solutions (DCS), a US provider of electronic data interchange (EDI) consulting services, partnered with Cleo, a US integration software provider, to help organizations modernize their B2B initiatives by focusing on EDI and API integration, especially for ERP systems, through the Cleo integration cloud platform, a platform with unique functionalities specially designed to create, design, operate and optimize critical supply chain integration processes.
In October 2019, Epicor Software, a US-based software solutions provider for various enterprises, acquired 1 EDI Source, Inc. for an undisclosed amount. The acquisition of Epicor Software is expected to standardize EDI transactions and create a great opportunity for the integration of new solutions into existing ERP systems.1 EDI Source Inc. is an American provider of data interchange software solutions and services (EDI) solutions for healthcare, and other industry verticals.
The countries covered in the Electronic Data Interchange in Healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan , Russia, South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06318604/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001