HEALTHCARE COMPLIANCE MANAGEMENT SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Healthcare Compliance Management Software Market, By Deployment Type (On-premise and Cloud-based), By Category (Policy & Procedure Management, Medical Billing & Coding, Auditing Tools, License, Certificate, & Contract Tracking, and Training Management & Tracking), By End User (Hospitals, Specialty Clinics, Health Insurance Companies, Long-term Care Centers, Biopharma companies, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In October 2023, Beacon Healthcare Systems, a provider of a SaaS-based compliance management software, collaborated with Sonder Health Plans, a health insurance agency, to introduce a Utilization Manager module, designed to streamline and automate the utilization management (UM) process for local and regional health plans. This partnership enhanced both companies' solution portfolios and contributed to significant revenue growth.
In March 2023, RLDatix, a global provider of healthcare governance, risk, and compliance software solutions and services, established a formal partnership with Steward Health Care, a healthcare company, to implement RLDatix's enterprise software solutions across Steward's 39 hospitals. This collaboration expanded the market presence of both organizations and increased their customer base.
In January 2023, Radar Healthcare, asoftware company, partnered with Circle Health Group, aprivate healthcare provider, to deliver risk management and compliance software across Circle Health Group's 54 hospitals.