{"id":21472,"date":"2023-03-29T09:00:10","date_gmt":"2023-03-29T09:00:10","guid":{"rendered":"https:\/\/imatsolutions.com\/?p=21472"},"modified":"2025-11-03T17:46:20","modified_gmt":"2025-11-03T17:46:20","slug":"imat-solutions-at-forefront-of-payer-services-market-payer-growth-expected-to-hit-118-2-billion-by-2027","status":"publish","type":"post","link":"https:\/\/imatsolutions.com\/index.php\/2023\/03\/imat-solutions-at-forefront-of-payer-services-market-payer-growth-expected-to-hit-118-2-billion-by-2027\/","title":{"rendered":"IMAT Solutions at Forefront of Payer Services Market &#8211; Payer Growth Expected to Hit $118.2 Billion by 2027"},"content":{"rendered":"<p>With U.S. healthcare payer executives under pressure <a href=\"https:\/\/imatsolutions.com\/index.php\/2023\/02\/helping-health-payers-to-reimagine-how-they-do-business\/\" target=\"_blank\" rel=\"noopener\">to deliver<\/a> technology and analytics-enabled business capabilities for better health value, it\u2019s no surprise that the expected growth in the payer services market is tremendous.<\/p>\n<p>According to a <a href=\"https:\/\/www.globenewswire.com\/news-release\/2023\/03\/21\/2631286\/0\/en\/Healthcare-Payer-Services-Market-is-Expected-to-Reach-118-2-billion-MarketsandMarkets.html\" target=\"_blank\" rel=\"noopener\">recent study<\/a> from Markets and Markets, the payer services market \u2013 which includes data analytics, digital health and care management \u2013 is expected to grow to $118.2 billion by 2027. The report also states the sector was worth $69.9 billion in 2022.<br \/>\nIncreasing health insurance enrollments, new federal mandates, and rising cases of chronic disease are all driving factors for this growth.<\/p>\n<p>IMAT Solutions is poised to help health payers meet all of these needs with its <a href=\"https:\/\/imatsolutions.com\/index.php\/articles\/news\/imat-daas-platform-helps-payers-boost-revenue\/\" target=\"_blank\" rel=\"noopener\">IMAT Flexible Payer Solution<\/a>, a one-stop solution that helps payers boost revenue, achieve compliance and enhance member care.<\/p>\n<p>For example, the DaaS offering can help <a href=\"https:\/\/imatsolutions.com\/index.php\/2022\/11\/medicare-advantage-2023-star-ratings-impacting-payer-revenue\/\" target=\"_blank\" rel=\"noopener\">payers boost<\/a> their Medicare Advantage Star Ratings, along with enhanced Healthcare Effectiveness Data and Information Set (HEDIS) reporting because of its Validated Data Stream <a href=\"https:\/\/www.healthcaredive.com\/press-release\/20230120-imat-solutions-achieves-recertification-of-validated-data-stream-designatio\/\" target=\"_blank\" rel=\"noopener\">designation<\/a> in the new NCQA Data Aggregator Validation (DAV) program.<\/p>\n<p>The DaaS offering also provides high-quality aggregated clinical data delivered in a more-timely basis through standard integrations. This capability <a href=\"https:\/\/imatsolutions.com\/index.php\/2022\/10\/imat-daas-platform-enabling-dynamic-business-use-cases-for-health-payers\/\" target=\"_blank\" rel=\"noopener\">enhances overall member care<\/a>, reduces readmission rates, and increases disease management program eligibility.<\/p>\n<p>In addition, Gartner <a href=\"https:\/\/imatsolutions.com\/index.php\/2023\/01\/clinical-data-integration-benefits-for-healthcare-payer-cios\/\" target=\"_blank\" rel=\"noopener\">recently stated<\/a> that payers should prioritize and implement Clinical Data Integration (CDI) capabilities \u201cby evaluating business objectives that take into consideration risk adjustment, quality measurement, and overall member management.\u201d<\/p>\n<p>IMAT Solutions helps to meet all of these business objectives and is <a href=\"https:\/\/imatsolutions.com\/index.php\/articles\/news\/imat-named-in-gartner-clinical-data-integration-capabilities-and-sourcing-recs\/\" target=\"_blank\" rel=\"noopener\">continually highlighted<\/a> by Gartner as a key solution provider who can help payers achieve effective CDI at scale.<\/p>\n<p>As health payers prioritize IT modernization in ways that meet compliance mandates and also boost business performance and member care, the ability to more-effectively leverage clinical data will be vital.<\/p>\n<p><strong>Want to learn more about the IMAT DaaS solution? Check out our <a href=\"https:\/\/imatsolutions.com\/index.php\/articles\/news\/imat-daas-platform-helps-payers-boost-revenue\/\">new explainer video<\/a> for more insights. In addition, <a href=\"https:\/\/imatsolutions.com\/index.php\/contact\/\">contact us<\/a> to learn more about the IMAT Flexible Payer for health payers.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With U.S. healthcare payer executives under pressure to deliver technology and analytics-enabled business capabilities for better health value, it\u2019s no surprise that the expected growth in the payer services market is tremendous. According to a recent study from Markets and Markets, the payer services market \u2013 which includes data analytics, digital health and care management \u2013 is expected to grow to $118.2 billion by 2027. The report also states the sector was worth $69.9 billion&#8230;<\/p>\n","protected":false},"author":8,"featured_media":21475,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[221],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/posts\/21472"}],"collection":[{"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/comments?post=21472"}],"version-history":[{"count":5,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/posts\/21472\/revisions"}],"predecessor-version":[{"id":35068,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/posts\/21472\/revisions\/35068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/media\/21475"}],"wp:attachment":[{"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/media?parent=21472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/categories?post=21472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imatsolutions.com\/index.php\/wp-json\/wp\/v2\/tags?post=21472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}