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Global Computer Assisted Coding Market to 2019: Software (Natural language processing, Structured input, Integrated) & Application (Automated encoding, Management reporting, Clinical code auditing & analytics)DUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/nr9qzb/computer_assisted) has announced the addition of the "Computer Assisted Coding Market by Software (Natural language processing, Structured input, Integrated), by Application (Automated encoding, Management reporting, Clinical code auditing & analytics), & by End User - Global Forecast to 2019 " report to their offering. The global computer-assisted coding market was valued at $1.56 billion in 2013 and is expected to grow at a high CAGR during the forecast period (2014 to 2019) This market is mainly driven by the increasing insurance claim reimbursement, growing number of healthcare facilities, and technological advancements such as ICD-10 CM and ICD-10 PCS diagnosis and procedure codes implementation in the healthcare industry. The growing implementation of ICD-10 code for insurance claim reimbursement, payment billing, and revenue cycle management is expected to drive this market during the forecast period. Moreover, growing demand forcomputer-assisted coding solutions by medical care providers and enhanced concern to use CAC to ease the transition from ICD-9 to ICD-10 in the North American healthcare industry are also expected to drive the demand for CAC systems in the upcoming years. In this report, the global computer-assisted coding (CAC) market is segmented by type, mode of delivery, application, and end user. The CAC market is segmented into software and services. The software market is further bifurcated into standalone software and integrated Software. The standalone software segment is further segmented into natural language processing (NLP) software and structured input software. In 2013, the NLP software segment accounted for the largest share of the global market. The large share of this segment can be attributed to its wide application in the healthcare providers market. On the basis of applications, the computer-assisted coding systems is segmented into automated computer-assisted encoding, management reporting and analytics, and clinical code auditing. Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-computer-assisted-coding-market-to-2019-software-natural-language-processing-structured-input-integrated--application-automated-encoding-management-reporting-clinical-code-auditing--analytics-300059453.html SOURCE Research and Markets |