The global healthcare provider network management market is poised to reach USD 2.96 Billion by 2020, growing at a CAGR of 10.7% during the forecast period of 2015 to 2020. The growth of the overall market can be contributed to implementation of stringent federal mandates in the U.S., growing focus on improving quality of care through the effective use of payer reporting requirements. In the coming years, the global market is expected to witness the highest growth rate in North America region with emphasis on the U.S. North America is also expected to account for the largest share of the global healthcare provider network management market. The high growth in the North America can be attributed to the increase in health insurance coverage triggered by the Patient Protection and Affordable Act (PPACA) in the U.S., the rising need to curtail escalating healthcare costs in the U.S. and Canada, and the government focus on healthcare IT solutions in Canada.
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