Computer-Assisted Coding Market: Global Analysis, Market Share, Size, Trends, Growth Analysis, and Forecast to 2019-2023

Computer-Assisted Coding -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023

Pune, India - February 12, 2019 /MarketersMedia/ —

Computer-Assisted Coding Industry

Description

Wiseguyreports.Com Adds “Computer-Assisted Coding -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022” To Its Research Database

The Global Computer-Assisted Coding Market is accounted for $2.47 billion in 2016 and expected to grow at a CAGR of 13.4% to reach $5.98 billion by 2023. The market factors such as increasing utilization of CAC solutions to curtail the rising healthcare costs, growing focus on physician computer-assisted coding in outpatient settings, increasing implementation of Ehr Systems, rapid improvement in the global healthcare infrastructure are driving the market growth. However, High Implementation & Maintenance Costs and Lack of On-Site CAC Support and In-House CAC Domain Knowledge are restraining the market growth. Furthermore, natural language processing-enabled CAC solutions and growing adoption of cloud-based solutions are providing sizeable opportunity for the market growth.

The cloud-based solutions segment growth can be attributed to the advantage of its flexible, scalable, and affordable nature and additional advantage of a separate cloud for the client along with a public cloud server and easy access to information for users operating in different time zones and geographic locations. CD-10 has had a positive impact on reimbursement. ICD-10 coding system requires use of 72,000 procedure codes and 68,000 CM codes, as opposed to the 4,000 and 14,000 in the ICD-9 system. ICD-10 is the 10th revision of the International Statistical Classification of Diseases and Related Health Problems (ICD) list which is promoted by World Health Organization (WHO).

A computer-assisted coding system (CACS) is software that analyzes healthcare documents and produces appropriate medical codes for specific phrases and terms within the document. This helps to increase productivity and reducing process time of the administrative person or coder. Computer assisted coding software also helps in reducing errors and improving efficiency of healthcare facility. NLP applications work with clinical documentation practices which include unstructured text such as dictation, speech recognition, and transcription. New technology has evolved such as, the Fusion CAC which can increase productivity, identify problem in documentation and reduce variability for a faster return on investment. For instance, EMscribe® Computer-Assisted Coding (CAC) software generates medical codes directly from clinical documentation using AMI’s innovative Natural Language Processing (NLP) technology.

Request for Sample Report @ https://www.wiseguyreports.com/sample-request/2361616-computer-assisted-coding-global-market-outlook-2017-2023

North America is projected to dominate region due to rapid adoption of the technological advancements because there is an increasing need for quick and efficient healthcare system in place. However, Europe is the next lead in this market due to rising need of error free medical data handling and quick operating systems. In addition, Asia pacific and Latin America are growing significantly due to the developing economies.

The key players in global Computer-Assisted Coding market are 3M Health Information Systems, Optum, Inc, Nuance Communications, Inc, McKesson Corporation, Dolbey Systems, Inc., Precyse Solutions, LLC, Artificial Medical Intelligence, Inc., Streamline Health Solutions, LLC, TruCode, Craneware plc, athenahealth, Inc., MMODAL IP LLC (M*Modal) and Quest Diagnostics Inc.

Mode of Deliveries Covered:
• Cloud-based Solutions
• On-premise Solutions
• Web-based Solutions

Product & Services Covered:
• Services
o Education and Training
o Support and Maintenance
• Software
o Integrated Software
o Standalone Software

End Users Covered:
• Academic Medical Centers
• Clinical Laboratories and Diagnostic Centers
• Hospitals
• Physician Practices
• Payers
• Other Healthcare Providers

Applications Covered:
• Automated Computer-Assisted Encoding
• Clinical Coding Auditing
• Management Reporting and Analytics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Leave a Query @ https://www.wiseguyreports.com/enquiry/2361616-computer-assisted-coding-global-market-outlook-2017-2023

Table of Content

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Application Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

....11 Company Profiling
11.1 3M Health Information Systems
11.2 Optum, Inc
11.3 Nuance Communications, Inc
11.4 McKesson Corporation
11.5 Dolbey Systems, Inc.
11.6 Precyse Solutions, LLC
11.7 Artificial Medical Intelligence, Inc.
11.8 Streamline Health Solutions, LLC
11.9 TruCode
11.10 Craneware plc
11.11 athenahealth, Inc.
11.12 MMODAL IP LLC (M*Modal)
11.13 Quest Diagnostics Inc

Buy Now @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=2361616

Continued...

Contact Us: Sales@Wiseguyreports.Com Ph: +1-646-845-9349 (Us) Ph: +44 208 133 9349 (Uk)

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India
Phone: +1-646-845-9349 (US) +44 208 133 9349 (UK)
Website: https://www.wiseguyreports.com/sample-request/2361616-computer-assisted-coding-global-market-outlook-2017-2023

Source URL: https://marketersmedia.com/computer-assisted-coding-market-global-analysis-market-share-size-trends-growth-analysis-and-forecast-to-2019-2023/481748

Source: MarketersMedia

Release ID: 481748

Latest News

Australian PM: WTO needs mending to keep up with the times

Jun 17, 2019

SINGAPORE — Australian Prime Minister Scott Morrison said Friday that the World Trade Organization needs mending to keep up with the times. Morrison said many leaders attending the Group of 20 summit in Osaka later this month share the view. "There is a strong consensus about the need to modernize the WTO and its rules," he said. "We need to mend it, we don't need to break it, and mending it requires a lot of partnership," he added. "Just now it's the technical practical things that need to get done." Morrison, who spoke at a lunch organized by the Australian...

Asian stocks mixed after Trump threatens Mexico tariffs

Jun 17, 2019

SINGAPORE — Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan's Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in Shenzhen, a smaller, more domestic-oriented market, tumbled 1.5% to 1,471.73. Hong Kong's Hang Seng added 0.3% to 26,965.76 and Australia's S&P ASX 200 advanced 0.5% to 6,392.20. Shares fell in Taiwan and Singapore but rose in the Philippines. South Korean markets were closed for a holiday. American and Mexican officials said...

China vows military action if Taiwan, sea claims opposed

Jun 17, 2019

SINGAPORE — China's defense minister warned Sunday that its military will "resolutely take action" to defend Beijing's claims over self-ruled Taiwan and disputed South China Sea waters. Speaking at an annual security conference in Singapore, Gen. Wei Fenghe did not direct the threat at the U.S. but loaded his address with criticism of activities by Washington, including support for Taiwan and leading so-called "freedom of navigation" operations in the strategic waterways that China virtually claims as its own. Wei said the People's Liberation Army would not "yield a single inch of the country's sacred land." China's ruling Communist Party maintains...

S&P upgrades Indonesia credit after Widodo election win

Jun 17, 2019

JAKARTA, Indonesia — Ratings agency Standard & Poor's said Friday it has upgraded Indonesia's sovereign credit rating following the election of Joko Widodo to a second term as president. The organization said the upgrade reflects Indonesia's strong economic growth prospects, which "we expect to remain following the reelection of Joko Widodo recently." The long-term rating was increased to BBB from BBB minus and potentially makes it easier for the government to borrow abroad and at lower interest rates. Official results last week confirmed Widodo won 55.5% of the vote in the April 17 election. His opponent Prabowo Subianto has alleged...

Challenge to Indonesia vote makes big claims, weak on proof

Jun 17, 2019

JAKARTA, Indonesia — The court challenge to Indonesia's presidential election from the losing candidate claims that the police, intelligence agency and other state institutions were biased in favor of the incumbent, but its evidence for "massive" fraud is mainly printouts of news articles. Former General Prabowo Subianto has refused to accept the results of the April 17 election and instead declared himself the winner. Seven people died in what police say was orchestrated rioting in the capital last week after official election results confirmed President Joko Widodo had won a second term with 55.5% of the vote. Subianto's legal challenge...