Global Revenue Cycle Management Market is expected to reach USD 112.5 Billion by 2024 from USD 45.5 Billion in 2016 at CAGR of 11.98% (Detailed analysis of the market CAGR is provided in the report).
Global Revenue Cycle Management Market is segmented by product, deployment, function, end user, and geography. Product segment is bifurcated as integrated solutions and standalone solutions. Various functions covered under the scope of this report are claim & denial management, medical billing & coding, patient insurance eligibility check, and others. Deployment segment is divided as web-based, cloud-based and on-premises. End-user segment is sub-segmented as hospitals, physicians, laboratories and other end users. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Rapid process improvements in healthcare organizations are trending the overall Global Revenue Cycle, Management Market. However, high pricing and costly maintenance of RCM solutions will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Increasing patient population, rising demand for centralized and cost-effective financial management solutions in China, Japan, and India will fuel the Global Revenue Cycle Management Market in APAC region.
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Key Highlights:
• Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast period
• Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Global Revenue Cycle Management Market analysis and comprehensive segmentation with respect to the product, deployment, function, end user, and geography to assist in strategic business planning
• Global Revenue Cycle Management Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions
Research Methodology:
Research methodology used in this report contains various secondary sources including directories such as Healthcare Information and Management Systems Society (HIMSS), Organization for Economic Co-operation and Development (OECD), World Health Organization (WHO), Centers for Medicare and Medicaid Services (CMS), Centers for Disease Control and Prevention (CDC). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Revenue Cycle Management Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Revenue Cycle Management Market globally.
Key Players in the Global Revenue Cycle Management Market Are:
• Nthrive
• The SSI Group
• Constellation Software
• R1 RCM
• Experian
• Gebbs Healthcare Solutions
• EPIC Systems
• Conifer Health Solutions
• Eclinicalworks
• GE Healthcare
• Athenahealth
• Allscripts Healthcare Solutions
• Quest Diagnostics
• Mckesson
• Cerner
Key Target Audience:
• Research And Consulting Firms As Well As Venture Capitalists, Private Equity Firms, And Startup Companies
• Healthcare Providers And Payers
• Healthcare IT Vendors
• Healthcare IT Service Providers
• Healthcare Equipment Manufacturers
• Healthcare Consultants
• Government Bodies And Healthcare Associations/Institutions
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Scope of the Report:
Research report categorizes the Global Revenue Cycle Management Market based on product, deployment, function, end user, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Revenue Cycle Management Market with key developments in companies and market trends.
Global Revenue Cycle Management Market, By Product:
• Integrated Solutions
• Standalone Solutions
Global Revenue Cycle Management Market, By Deployment:
• Web-Based
• Cloud-Based
• On-Premises
Global Revenue Cycle Management Market, By Function:
• Claim and denial management
• Medical billing and coding
• Patient insurance eligibility check
• Payment remittance
• Electronic health record (EHR)
• Clinical documentation improvement (CDI)
Global Revenue Cycle Management Market, By End User:
• Hospitals
• Physicians
• Laboratories
• Other end users
Global Revenue Cycle Management Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
MAJOR TOC OF THE REPORT
Chapter One: Revenue Cycle Management Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Revenue Cycle Management Market Competition, by Players
Chapter Four: Global Revenue Cycle Management Market Size by Regions
Chapter Five: North America Revenue Cycle Management Revenue by Countries
Chapter Six: Europe Revenue Cycle Management Revenue by Countries
Chapter Seven: Asia-Pacific Revenue Cycle Management Revenue by Countries
Chapter Eight: South America Revenue Cycle Management Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Revenue Cycle Management by Countries
Chapter Ten: Global Revenue Cycle Management Market Segment by Type
Chapter Eleven: Global Revenue Cycle Management Market Segment by Application
Chapter Twelve: Global Revenue Cycle Management Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Revenue Cycle Management Market Report at: https://www.maximizemarketresearch.com/market-report/global-revenue-cycle-management-market/3258/
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