The European payer billing market report defines and segments the concerned market in Europe with analysis and forecast of revenue. The payer billing market in Europe is expected to reach $304 million by 2018 and is estimated to grow at a CAGR of 5.4% from 2013 to 2018.
Browse through the TOC of the European payer billing market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of this market globally, and is supported by various tables and figures.

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Bill generation and maintenance form a huge part of the administrative process. The billing systems provided by IT companies are solutions that facilitate the billing process for payers, consequently replacing manual billing procedures. The application consolidates bills across distinct products and claim processing systems and provides a central view of the customers. The application has built-in business process management tools that improves precision billing, tracks the billing procedure, reduces cost by streamlining settlements, provides flexible payment options, and automates payroll deductions.

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An advanced billing system with electronic bill presentation and payment (EBPP) capability leads to a reduction in day sales outstanding and increases float and cash in hand. The billing system also reduces the errors and time involved in the process, resulting into satisfied customers.
The European market is slowly emerging from the Euro zone debt, 2009. Rise in the initiatives by the European Commission such as the eGovernment Action Plan 2011-2015, to support and complement information and communication technologies (ICT), including eHealth, and allocation of 5% of the health budget to implement healthcare IT solutions, will accelerate the growth of healthcare payer billing market.

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