Higher education plays a critical role in driving an innovative economy by equipping students with knowledge and skills demanded by the workforce.While researchers and practitioners have developed data systems to track detailed occupational skills, such as those established by the U.S. Department of Labor (DOL), much less effort has been made to document which of these skills are being developed in higher education at a similar granularity.Here, we fill this gap by presenting Course-Skill Atlas -- a longitudinal dataset of skills inferred from over three million course syllabi taught at nearly three thousand U.S. higher education institutions. To construct Course-Skill Atlas, we apply natural language processing to quantify the alignment between course syllabi and detailed workplace activities (DWAs) used by the DOL to describe occupations. We then aggregate these alignment scores to create skill profiles for institutions and academic majors. Our dataset offers a large-scale representation of college education's role in preparing students for the labor market.Overall, Course-Skill Atlas can enable new research on the source of skills in the context of workforce development and provide actionable insights for shaping the future of higher education to meet evolving labor demands, especially in the face of new technologies.

This statistic shows a ranking of the estimated per capita consumer spending on healthcare in 2020 in Latin America and the Caribbean, differentiated by country. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs) in the selected region. Spending by corporations or the state is not included. Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 06. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.The shown forecast is adjusted for the expected impact of the COVID-19 pandemic on the local economy. The impact has been estimated by considering both direct (e.g. because of restrictions on personal movement) and indirect (e.g. because of weakened purchasing power) effects. The impact assessment is subject to periodic review as more data becomes available.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

Snapshot img

Healthcare Fraud Detection Market Size 2024-2028

The healthcare fraud detection market size is forecast to increase by USD 914.3 million at a CAGR of 11% between 2023 and 2028.

In the healthcare industry, the market is experiencing significant growth due to several key factors. The increasing number of patients seeking health insurance and the complexity of insurance claims are driving the need for advanced solutions. Statistical methods, machine learning, and artificial intelligence are being employed to enhance payment integrity and detect fraudulent activities in real time. These technologies enable on-premises and cloud-based solutions to analyze large volumes of data and identify patterns that may indicate fraud. The emergence of social media and its impact on the healthcare industry also necessitates the use of advanced analytics to ensure accurate claim processing and prevent fraud. However, challenges persist, including the time-consuming deployment and need for frequent upgrades of fraud detection systems. To address these challenges, healthcare providers and insurance companies are investing in advanced analytics solutions to streamline operations, improve efficiency, and maintain payment integrity.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

Healthcare fraud continues to pose a significant challenge for the healthcare industry, resulting in substantial financial losses. According to estimates, healthcare fraud costs the US economy approximately USD 68 billion annually. This figure includes fraudulent claims, billing schemes, identity theft, prescription fraud, and other fraudulent healthcare activities. Fraudulent claims arise when providers or patients submit false or exaggerated claims to insurance companies for medical services. Billing schemes involve overcharging for services or supplies, while identity theft occurs when an individual uses someone else's personal information to obtain healthcare services or prescription medications. Prescription fraud includes the unlawful distribution of prescription drugs, often for financial gain.



Furthermore, healthcare fraud offenders employ various tactics to evade detection, making it essential for healthcare organizations to implement strong fraud detection and prevention measures. Advanced analytics solutions, such as data analysis techniques and statistical methods, have emerged as effective tools in the fight against healthcare fraud. Machine learning and artificial intelligence (AI) are increasingly being used in healthcare fraud detection. These technologies enable descriptive analytics, which involves analyzing historical data to identify patterns and trends. Predictive analytics uses this information to anticipate future fraudulent activities, while prescriptive analytics recommends actions to prevent fraud. Data science plays a crucial role in healthcare fraud detection, as it involves extracting insights from complex data sets. Data analytics, including fraud detection solutions, can be delivered through on-premise or cloud-based solutions. On-premise solutions offer greater control over data security, while cloud-based solutions provide flexibility and scalability. Insurance claims review is a critical component of healthcare fraud detection.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Descriptive analytics
  Predictive analytics
  Prescriptive analytics


Geography

  North America

    Canada
    US


  Asia

    China
    India


  Europe

    Germany


  Rest of World (ROW)

By Type Insights

The descriptive analytics segment is estimated to witness significant growth during the forecast period.

Descriptive analytics serves as the foundation for advanced analytics such as predictive and prescriptive analytics. By integrating basic descriptive analytics with additional data sources, meaningful insights are generated. Descriptive analytics is a fundamental analytics technique widely used by healthcare organizations. Each business unit employs descriptive analytics to monitor operational efficiency and identify trends. Financial statements, presentations, and dashboards showcase the outcomes of descriptive analytics. This form of analytics examines past data to understand the changes that have occurred. Insurance claims review, pharmacy billing fraud, and payment integrity are some areas where descriptive analytics plays a crucial role in maintaining healthcare spending.

Furthermore, machine learning and artificial intelligence technologies can enhance the capabilities of descriptive analytics, leading to improved fraud detection. On-premis

United States US: Prevalence of Overweight: Weight for Height: % of Children Under 5 data was reported at 6.000 % in 2012. This records a decrease from the previous number of 7.800 % for 2009. United States US: Prevalence of Overweight: Weight for Height: % of Children Under 5 data is updated yearly, averaging 7.000 % from Dec 1991 (Median) to 2012, with 5 observations. The data reached an all-time high of 8.100 % in 2005 and a record low of 5.400 % in 1991. United States US: Prevalence of Overweight: Weight for Height: % of Children Under 5 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Health Statistics. Prevalence of overweight children is the percentage of children under age 5 whose weight for height is more than two standard deviations above the median for the international reference population of the corresponding age as established by the WHO's new child growth standards released in 2006.; ; UNICEF, WHO, World Bank: Joint child malnutrition estimates (JME). Aggregation is based on UNICEF, WHO, and the World Bank harmonized dataset (adjusted, comparable data) and methodology.; Linear mixed-effect model estimates; Estimates of overweight children are also from national survey data. Once considered only a high-income economy problem, overweight children have become a growing concern in developing countries. Research shows an association between childhood obesity and a high prevalence of diabetes, respiratory disease, high blood pressure, and psychosocial and orthopedic disorders (de Onis and Blössner 2003). Childhood obesity is associated with a higher chance of obesity, premature death, and disability in adulthood. In addition to increased future risks, obese children experience breathing difficulties and increased risk of fractures, hypertension, early markers of cardiovascular disease, insulin resistance, and psychological effects. Children in low- and middle-income countries are more vulnerable to inadequate nutrition before birth and in infancy and early childhood. Many of these children are exposed to high-fat, high-sugar, high-salt, calorie-dense, micronutrient-poor foods, which tend be lower in cost than more nutritious foods. These dietary patterns, in conjunction with low levels of physical activity, result in sharp increases in childhood obesity, while under-nutrition continues

United States US: Prevalence of Overweight: Weight for Height: Female: % of Children Under 5 data was reported at 6.900 % in 2012. This records an increase from the previous number of 6.400 % for 2009. United States US: Prevalence of Overweight: Weight for Height: Female: % of Children Under 5 data is updated yearly, averaging 6.900 % from Dec 1991 (Median) to 2012, with 6 observations. The data reached an all-time high of 8.700 % in 2005 and a record low of 5.100 % in 1991. United States US: Prevalence of Overweight: Weight for Height: Female: % of Children Under 5 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Health Statistics. Prevalence of overweight, female, is the percentage of girls under age 5 whose weight for height is more than two standard deviations above the median for the international reference population of the corresponding age as established by the WHO's new child growth standards released in 2006.; ; World Health Organization, Global Database on Child Growth and Malnutrition. Country-level data are unadjusted data from national surveys, and thus may not be comparable across countries.; Linear mixed-effect model estimates; Estimates of overweight children are also from national survey data. Once considered only a high-income economy problem, overweight children have become a growing concern in developing countries. Research shows an association between childhood obesity and a high prevalence of diabetes, respiratory disease, high blood pressure, and psychosocial and orthopedic disorders (de Onis and Blössner 2003). Childhood obesity is associated with a higher chance of obesity, premature death, and disability in adulthood. In addition to increased future risks, obese children experience breathing difficulties and increased risk of fractures, hypertension, early markers of cardiovascular disease, insulin resistance, and psychological effects. Children in low- and middle-income countries are more vulnerable to inadequate nutrition before birth and in infancy and early childhood. Many of these children are exposed to high-fat, high-sugar, high-salt, calorie-dense, micronutrient-poor foods, which tend be lower in cost than more nutritious foods. These dietary patterns, in conjunction with low levels of physical activity, result in sharp increases in childhood obesity, while under-nutrition continues

Nurses in the United States increased to 12.19 per 1000 people in 2023 from 12.05 per 1000 people in 2022. This dataset includes a chart with historical data for the United States Nurses.

This statistic shows a ranking of the estimated current health expenditure share of GDP in 2020 in Latin America and the Caribbean, differentiated by country. The ratio refers to the share of total gross domestic product (GDP).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

This statistic shows a ranking of the estimated current healthcare spending in 2020 in Latin America and the Caribbean, differentiated by country. The spending refers to current spending of both governments and consumers.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

This statistic shows a ranking of the estimated current healthcare spending per capita in 2020 in Latin America and the Caribbean, differentiated by country. The spending refers to the average current spending of both governments and consumers per inhabitant.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

This statistic shows a ranking of the estimated average number of physicians per 1,000 inhabitants in 2020 in Latin America, differentiated by country.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).