This report identifies key demand-side trends in the healthcare payor industry that can help enterprises fine-tune their digital strategies. It also provides an overview of enterprise challenges in this space based on Avasant’s assessment.
Why read this Market Insights?
In the face of challenges such as rising healthcare costs, uncertainty over healthcare reform, IT/systems integration, and alignment of incentives with healthcare providers, the healthcare payor industry is aggressively pouring digital investments and adopting cutting-edge technologies, including generative AI, advanced analytics, automation, and cybersecurity, to address these challenges. Healthcare payor companies are leveraging digital technologies to revolutionize their processes. Healthcare payor enterprises collaborate with service providers for digital transformation, which requires strong technological expertise and delivery capabilities.
The Healthcare Payor Digital Services 2024 Market Insights™ helps enterprises in this sector identify important market trends and challenges for any digital project they participate in.
Methodology
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7)
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- Scope of coverage
- Key market drivers and enterprise response
- Avasant recognizes 21 top-tier service providers supporting the healthcare payor industry in digital transformation
Demand-side trends (Pages 8–13)
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- Payviders are transforming healthcare by connecting payors and providers.
- Healthcare payors are driving down costs and improving quality through innovation.
- Alternative payment models are revolutionizing healthcare by incentivizing value-based care, driving improved outcomes and patient-centered approaches.
- Excellence in HEDIS and Medicare Advantage Star Ratings helps consumers choose and gives healthcare payors the competitive edge needed for recruitment success and revenue growth.
- Healthcare payors are promoting equitable access and sustainability.
Key contacts (Page 14)
Read the Research Byte based on this report.
Please refer to Avasant’s Healthcare Payor Digital Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.
