The healthcare industry is one of the most thriving economies in the world today. On developed countries, the healthcare spending has been rising at a substantial rate, and governments are channeling more funds into healthcare budgets.
With this steady growth and pressure from the government to fully utilize their money allocations to the fullest, healthcare providers are also facing challenges with their in-house medical billing function.
To improve their billing operations and manage their services more efficiently, a lot of doctors and hospitals have already considered outsourcing the medical billing function to third-party service providers.
In this infographic, we will discuss the latest analysis, growth, and trends to uncover the factors at play in today’s global medical billing outsourcing market.