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Healthcare Fraud Detection Market by Trends, Growth and Forecast 2026

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Healthcare Fraud Detection market is expected to grow from USD 9.06 billion in 2019 to USD 37.04 billion by 2026 at a CAGR of 26.06% from 2020 to 2026.

Health care fraud is defined as criminal deception intended to end in gain during drug manufacturing, quality of the merchandise, practice, and insurance. Health care fraud practice involves healthcare plans of the government, defrauding insurance firm, company and consumer party, etc. Healthcare fraud is difficult to detect and is usually go unnoticed; therefore, detection of such fraudulent claims is important, as they rise the burden on society. The utilization of a fraud detection solution enables healthcare firms in accounting, and auditing by predictive data methodologies. Careful account auditing can reveal suspicious providers and policyholders and detect potential fraudulent cases before it occurs. A large number of fraudulent activities in healthcare, a rising number of patients opting for insurance, prepayment review model, increasing pressure of fraud, and abuse on healthcare spending is predicted to drive the expansion of the market. Moreover, rising adoption of cloud-based analytics, the emergence of social media, and its impact on the healthcare industry, AI (AI) in healthcare fraud detection is predicted to supply an opportunity for the expansion of the market during the forecast period. 

View Complete Report: @ https://marketreportslibrary.com/report/he0260/healthcare-fraud-detection-market

The global Healthcare Fraud Detection market has been segmented as below:

By Model

  • On-premise Delivery

  • On-demand Delivery

By Type

  • Predictive Analytics

  • Prescriptive Analytics

  • Descriptive Analytics

By Component

  • Software

  • Services

By Region

  • Europe

  • North America

  • Asia Pacific

  • Rest of The World

Competitive Rivalry

Verscend Technologies, Inc, Fair Isaac Corporation, SAS Institute Inc, SCIOInspire, Corp, Wipro Limited, IBM, Conduent, Inc, HCL Technologies Limited, CGI Group Inc, McKesson Corporation, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

Request a Sample of this Report: @ https://marketreportslibrary.com/request/sample/he0260/healthcare-fraud-detection-market

Explore other reports from ”Healthcare” sector @ https://marketreportslibrary.com/category/healthcare

 

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