The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
healthcare edi market poised for rapid growth driven by technology and government support
The healthcare EDI market is projected to grow from $4.58 billion in 2023 to $5.07 billion in 2024, driven by regulatory compliance and administrative efficiency. By 2028, it is expected to reach $7.84 billion, fueled by telehealth expansion and government support for healthcare advancements. Key players include McKesson, Optum, and NextGen Healthcare, which recently launched an innovative data analytics solution to enhance healthcare data access and reporting.