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Worldwide Industry for Referral Management Market to 2026 - Opportunity Analysis for New Entrants


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The Referral Management market is expected to reach $7.89 billion by 2026 growing at a CAGR of 18.5% during 2019 to 2026. A Referral Management System is a tool which is widely used in healthcare centers such as clinics, hospitals etc. by the healthcare providers in order to keep a track of patients referrals information throughout their treatment period. It mainly focuses on improving the communication between the different healthcare providers that are involved in patient s care. It also helps in managing the patient s revenue cycle and processing the claims efficiently.
Factors such as rising geriatric population and the subsequent increase in the incidence of chronic diseases and increasing government initiatives to incorporate IT solutions in healthcare are driving the market growth. Though, lack of skilled healthcare IT professionals is restraining the market. ....

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