Healthcare IT

Accelerating investments in AI and advanced analytics are driving considerable growth in the healthcare fraud detection market. The growing adoption of predictive modeling and machine learning for the effective identification of fraudulent activities is among the significant trends shaping this market. As the cost of healthcare increases, there is a growing demand for solutions that can effectively detect fraud. Opportunities are rife to create innovative tools that will improve compliance, protect patient data and address new fraud schemes. The increased regulations have led to rapid expansion of the healthcare fraud detection market. This has transformed the landscape through real-time monitoring and data-driven decision-making that calls for more sophisticated detection systems.