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Healthcare Fraud Analytics Market Share

Report ID: GMI11010
Published Date: Aug 2024
Report Format: PDF

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Healthcare Fraud Analytics Market Share

The market is highly competitive, featuring a mix of established players and emerging startups. Major companies like IBM, SAS Institute, and Optum offer comprehensive analytics solutions with advanced AI and machine learning capabilities. New entrants are innovating with specialized tools and niche solutions, enhancing fraud detection and prevention. The market is characterized by rapid technological advancements and evolving regulatory requirements, driving continuous innovation. Companies compete on the basis of technological sophistication, integration capabilities, and compliance with data privacy regulations.

Healthcare Fraud Analytics Market Companies

Prominent players operating in the healthcare fraud analytics industry include:

CGI Inc.
Change Healthcare
Conduent Incorporated
Cotiviti, Inc.
DXC Technology Company
EPIC
ExlService Holdings, Inc.
Fair Isaac Corporation
HCL Technologies Limited
IBM Corporation
LexisNexis Risk Solutions.
Optum Inc.
Qlarant Commercial Solutions, Inc.
SAS Institute Inc.
WIPRO LIMITED

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Healthcare fraud analytics industry size was worth USD 2.3 billion in 2023 and will grow at a 24.1% CAGR between 2024 and 2032 due to increasing healthcare costs and fraud incidents, which necessitate advanced fraud detection and prevention solutions.

The insurance claims review segment will achieve 24.2% CAGR through 2032, driven by its critical role in detecting and preventing fraudulent activities.

North America healthcare fraud analytics industry size was USD 883.8 million in 2023, attributed to focus on combating rising healthcare fraud and the integration of sophisticated data analytics solutions

Prominent players operating in the healthcare fraud analytics industry are Cotiviti, Inc., DXC Technology Company, EPIC, ExlService Holdings, Inc., Fair Isaac Corporation, HCL Technologies Limited, IBM Corporation, LexisNexis Risk Solutions, Optum Inc., Qlarant Commercial Solutions, Inc., SAS Institute Inc., and Wipro Limited, among others.