Healthcare IT Outsourcing Market Forecast to 2018

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MarketsandMarkets Presents
Healthcare IT Outsourcing Market worth 50.4
Billion By 2018
http//www.marketsandmarkets.com/Market-Reports/he
althcare-it-outsourcing-market-1219.html
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The Healthcare IT Outsourcing Market - By
Application Provider (EHR, RCM, LIMS) Payer
(CRM, Claims Management, Fraud Detection,
Billing) Life Science (ERP, CTMS, CDMS)
Operational (SCM, BPM) Infrastructure (IMS,
Cloud Computing) Industry - Global Forecast To
2018, analyzes and studies the major market
drivers, restraints, and opportunities in North
America, Europe, APAC, and Rest of the
World.. Browse 147 market data tables 11
figures 365 pages in-depth TOC on Healthcare
IT Outsourcing Market http//www.marketsandma
rkets.com/Market-Reports/healthcare-it-outsourcing
-market-1219.html Early buyers will receive 10
customization of  reports.                 
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• Scope of the Report
• The research report categorizes the healthcare
  information technology outsourcing market by
  delivery mode, by components, and application.
  These markets are further broken down into
  segments and sub-segments.
• Global Healthcare Information Technology
  Outsourcing Market, by Application
• Global Provider Outsourcing Market
• Electronic Health Records
• Revenue Cycle Management System
• Laboratory Information and Management System
• Pharmacy Information and Management System
• Others
• Global Payer Outsourcing Market
• Customer Relationship Management System
• Claim Processing Management System
• Billing System
• Fraud and Detection System
• Other

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• Global Life Science Outsourcing Market
• Enterprise Resource Planning
• Clinical Trial Management System
• Clinical Database Management System
• Research and Development IT services
• Others
• Global Operational Outsourcing Market
• Supply Chain Management
• Business Process Management
• Others
• Global Infrastructure Outsourcing Market
• Infrastructure Management Services
• Cloud Computing
• Others

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• Global Healthcare Information Technology
  Outsourcing Market, by Industry
• Healthcare System
• Healthcare Insurance Industry
• Pharmaceutical Industry
• Clinical Research Organization
• Biotechnology
• Others
• Global Healthcare Information Technology
  Outsourcing Market, by Geography
• North America
• Europe
• Asia-Pacific
• Rest of World

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Over the years, outsourcing has surfaced as a
successful business model that mitigates the
burden of administration, procurement,
accounting, logistics and other tasks, and
develops cost-effective business processes. The
healthcare industry, which faces the challenge of
delivering the best patient care at an affordable
cost, has been opting for outsourcing IT
solutions. The healthcare industry, on the
whole, generates huge amounts of data. Healthcare
providers/payers need to electronically track
data related to medical records, billing codes,
electronic monitoring systems, and patient care.
In order to track and manage this valuable data
via electronic systems, there is a need for
strong information technology infrastructure and
devices such as servers, desktops, networks,
personal digital assistants (PDAs), and
laptops.
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Due to the lack of required skills and IT domain
expertise, maintaining IT infrastructure and
services is a challenging task for the healthcare
industry. This has resulted in an unprecedented
demand for IT infrastructure outsourcing and IT
services, which enable healthcare providers to
focus on their core service areas, thereby
curtailing costs and enhancing quality care. In
this report, the HCIT outsourcing market is
segmented on the basis of its application into
provider outsourcing, payer outsourcing, life
sciences outsourcing, operational services
outsourcing, and infrastructure outsourcing.The
market has also been segmented by industry such
as the healthcare system (including hospitals,
clinics, and diagnostic laboratories, among
others), the healthcare insurance industry,
pharmaceutical industry, clinical research
organizations, and biotechnology companies.
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Factors propelling the growth of the market are
the rising pressure to curb healthcare costs
across the globe and the growing need to manage
cash flow in back-office administration and IT
management systems of healthcare providers,
payers, and the life science segment. Lack of
in-house IT expertise, rise in demand for
integrating solutions, growing pressure on
healthcare providers to meet the Meaningful
Criteria set by the U.S. Federal Government, new
ICD-10 conversion guidelines for coding, rise in
aging population, and growing medical tourism in
Asia are some of the other factors that are also
likely to drive the healthcare IT outsourcing
market. The global market is forecast to grow at
a CAGR of 7.6, to reach 50.4 billion by 2018
from 35 billion in 2013. The health insurance
industry, healthcare systems industry, and
pharmaceutical industry are driving the HCIT
outsourcing market.
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