The global revenue cycle management (RCM) market is set to reach USD 216,990.6 million by 2026, registering a CAGR of 12.4% during the forecast period. Increasing inclination of patients to get outpatient care is one of the main driving factors for this market. Inpatient care, where people stay in a hospital overnight, is an expensive endeavor as it involves multiple costs and taxes that shoot up the hospital bill. Outpatient options are cheaper wherein the patient only needs to pay for consultation and medicines and gets the remaining care outside the hospital, such as in her home.
Highlights of the Revenue Cycle Management Market Report Include:
- Microscopic study of the various factors driving and restraining the market
- Careful classification and research of the market segments
- Accurate computation of market figures
- Comprehensive analysis of the regional dynamics and competitive landscape
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/revenue-cycle-management-market-100275
Key Players Operating in The Revenue Cycle Management Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Conifer Health Solutions, LLC
- McKesson Corporation
- R1 RCM Inc.
- Epic Systems Corporation
- GeBBS Healthcare Solutions
- eClinicalWorks
- Cerner
- athenahealth, Inc.
- Allscripts Healthcare, LLC
Objective of Studies:
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
- To provide insights about factors affecting the market growth. To analyse the Revenue Cycle Management Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Revenue Cycle Management Market.
- To provide country level analysis of the market with respect to the current Revenue Cycle Management Market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
- To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global Revenue Cycle Management Market.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Statistical overview of hospital admissions- For key countries,2018
- Technological advancements in revenue cycle management process
- New product launch
- Key start-ups with their funding overview
- Regulatory scenario - For key countries,2018
- Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
- Global Revenue Cycle Management Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Structure
- In-house
- Outsource
- Market Analysis, Insights and Forecast – By Function
- Claims & Denial Management
- Medical Coding & Billing
- Clinical Documentation Improvement (CDI)
- Insurance
- Others
- Market Analysis, Insights and Forecast – By Type
- Software
- Services
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia pacific
- Latin America
- Middle East & Africa
- North America Revenue Cycle Management Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Structure
- In-house
- Outsource
- Market Analysis, Insights and Forecast – By Function
- Claims & Denial Management
- Medical Coding & Billing
- Clinical Documentation Improvement (CDI)
- Insurance
- Others
- Market Analysis, Insights and Forecast– By Type
- Software
- Services
- Market Analysis, Insights and Forecast– By Country
- S.
- Canada
The Business Research Company published its Revenue Cycle Management Software Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Revenue Cycle Management Software market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the revenue cycle management software market’s segments-1) By Product: Integrated, Standalone2) By Function: Claim And Denial, Medical Billing And Coding, Patient Insurance Eligibility Check, Payment Remittance, Electronic Health Record (EHR), Clinical Documentation Improvement (CDI), Others3) By Deployment: Web Based, On-Premise, Cloud Based.View Complete Report: https://www.thebusinessresearchcompany.com/report/revenue-cycle-management-software-global-market-report-2020-30-covid-19-growth-and-changeRevenue Cycle Management Software Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global revenue cycle management software market is expected to decline from $64.26 billion in 2019 to $63.39 billion in 2020 at a compound annual growth rate (CAGR) of -1.35%.
The decline is mainly due to the COVID-19 outbreak that has led to deferred care in order to avoid visiting hospitals, which resulted in reduced patient volume.
Major healthcare analytics leaders are actively implementing or planning to execute an AI strategy that will help make decisions faster and reduce operational expenses.Few Points From Table Of Content1.
