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US BPO Healthcare Services To touch $5.3 Billion by 2012

In January last year (2009), as per the industrial estimates, it was reported that the BPO services in the health care sector will be reaching $5.3 million by the year 2012. Such is the growth rate of business process outsourcing services in the United States healthcare sector that the estimated figure is expected to achieve the actual figure within the given timeframe as predicted by the IDC.

 

IDC ranks as one of the well known technology research firms and this was the face behind this given estimation of US BPO healthcare services. IDC has been conducting a research for long. Last year, the firm came up with a final report indicating the growth rate of the US BPO health care services. According to the industry reports, the firm expects that the US business process outsourcing services in the field of health care activities will be reaching out the figure of $5.3 billion. As per the industry insiders, there is nothing wrong in this estimation.

 

With an annual compound growth rate close to 14.6 percent recording from the year 2007 the estimated figure is nothing unreal at this time. The healthcare spending in the US is estimated to reach $2.5 trillion. Calculating in percentage, the United States health care spending is close to 17.6 percent of the economy of the country. This figure also roughly equals to the total of the total gross domestic product (GDP) of the country, France.

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