Key Insights of Revenue Cycle Management Market Covering Prime Factors&Competitive Outlook Till 2023
The exclusive research report on the Global Revenue Cycle Management Market 2019 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Revenue Cycle Management Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.
Global Revenue Cycle Management Market Overview:
The Global Revenue Cycle Management Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Revenue Cycle Management Market size to maintain the average annual growth rate of 12.36% from USD 36000 Million in 2014 to USD 51070 Million in 2018, market analysts believe that in the next few years, Revenue Cycle Management Market size will be further expanded, we expect that by 2023, The market size of the Revenue Cycle Management will reach USD 90430 Million.
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Some of the most important key factors driving the growth of the Global Revenue Cycle Management Market are decreasing reimbursements in the healthcare industry, regulatory mandates for the adoption of EHR/EMR, government initiatives to boost the adoption of RCM solutions, loss of revenue due to billing errors, and process improvements in healthcare organizations.
The Global Revenue Cycle Management Market is segmented based on Product, Deployment, Function, End-User and Region. On the basis of Product, the market is classified into Integrated Solutions and Standalone solutions. Based on the Deployment, the market is sub-segmented into Web-based, On-premise and Cloud-based Services. On the basis of Function, the market is sub-segmented into Claim & denial management, Medical billing & coding, Patient insurance eligibility check, Payment remittance, Electronic health record (EHR), Clinical documentation improvement (CDI), and others. Based on End-User, the market is classified into Physicians, Hospitals, Laboratories, and others.
As per the regional analysis, North America is expected to account for the largest share of the global market in 2017, in terms of value. APAC is expected to register the highest growth rate from 2018 to 2023. This can be attributed to increasing patient population, rising demand for centralized and cost-effective financial management solutions, and growing use of electronic insurance medical claims in countries such as Japan, China, India, and Singapore.
Latest Industry News:
Gebbs Healthcare Solutions (April 8, 2019) – GeBBS Healthcare Announces Three Leadership Hires & Promotions to prepare for Growth & Expansion – GeBBS Healthcare Solutions, Inc., a leading technology-enabled provider of Revenue Cycle Management (RCM) and Healthcare Information Management (HIM) Solutions, is pleased to announce several strategic new hires and promotions that will position the organization for its continued growth and expansion.
Top Leading Key Manufacturers in Global Revenue Cycle Management Market: Cerner, Mckesson, Quest Diagnostics, Allscripts Healthcare Solutions, Athenahealth, GE Healthcare, Eclinicalworks, Conifer Health Solutions, Epic Systems, Gebbs Healthcare Solutions, Experian, R1 Rcm, Constellation Software, The Ssi Group, Nthrive and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Revenue Cycle Management Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Cerner, Mckesson, Quest Diagnostics, Allscripts Healthcare Solutions, Athenahealth, GE Healthcare, Eclinicalworks, Conifer Health Solutions, Epic Systems, Gebbs Healthcare Solutions, Experian, R1 Rcm, Constellation Software, The Ssi Group, Nthrive are some of the key vendors of Revenue Cycle Management across the world. These players across Revenue Cycle Management Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Revenue Cycle Management in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Revenue Cycle Management Market Report 2019
Section 1 Revenue Cycle Management Definition
Section 2 Global Revenue Cycle Management Market Major Player Share and Market Overview
2.1 Global Major Player Revenue Cycle Management Business Revenue
2.2 Global Revenue Cycle Management Market Overview
Section 3 Major Player Revenue Cycle Management Business Introduction
3.1 Cerner Revenue Cycle Management Business Introduction
3.1.1 Cerner Revenue Cycle Management Revenue, Growth Rate and Gross profit 2014-2018
3.1.2 Cerner Revenue Cycle Management Business Distribution by Region
3.1.3 Cerner Interview Record
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