Hexa Reports Industry Healthcare Electronic Data Interchange (EDI) Marke

Healthcare Electronic Data Interchange (EDI) Market Revenue and Key Consumer by End User to 2025 “The Global Healthcare EDI Market is anticipated to reach USD 5.9 billion by 2025, according to a new report by Hexa Reports. The market is expected to witness a CAGR of 9.4% over the forecast period, owing to increasing government support for healthcare IT.” The Global Healthcare EDI Market is anticipated to reach USD 5.9 billion by 2025, according to a new report by Hexa Reports. The market is expected to witness a CAGR of 9.4% over the forecast period, owing to increasing government support for healthcare IT coupled with surge in number of end-users and increasing adoption of EDI. In 2010, the ObamaCare Act (the Affordable Care Act) was passed in the U.S., which mandated the use of enrolled/dis-enrolled transactions between the payers and providers in the U.S. Implementation of favorable policy such as Health Insurance Portability & Accountability Act (HIPAA) to provide data privacy and security provisions to protect medical information is anticipated to propel the market growth. Increasing government funding for the EDI-Special Project congressional grants is befitting hospitals and non- profit organization, thereby expected to foster the market growth. A surge in number of end-users such as payers, providers, pharmaceutical & medical device industries, and others are anticipated to fuel the demand of the EDI services or solutions during the market period. Browse Detail Report With TOC @ http://www.hexareports.com/report/healthcare-electronic-data-interchange-edi-market Follow Us: