Vendors to Watch to Enable Provider Data Management for Payers, 2022

Vendors to Watch to Enable Provider Data Management for Payers, 2022

This IDC Perspective identifies five vendors in the provider data management market that did not qualify for the recent IDC MarketScape of this market but are still identified as "vendors to watch" in this active space. Seven vendors that focus on provider data management were highlighted in the recent IDC MarketScape evaluation. This document identifies the five "vendors to watch" and reports publicly available information to complete a substantive study of this market. According to Jeff Rivkin, research director, Payer IT Strategies at IDC Health Insights, "Provider data management systems of record are being evolved by payers that want to automate workflow, solidify data, and enable flexibility in their back office to reduce operational costs. As payers attempt to respond to governmental mandates and competitive pressures, the ability to maintain, control, and evolve provider networks fast and effectively is a competitive advantage. Those payers that can't may not survive the onslaught of value-based reimbursement, expanding provider types, and the increased consumer and regulatory demand for directory accuracy and network adequacy."

Please Note: Extended description available upon request.