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Revenue Cycle Management Market by Product (Integrated, Standalone), Deployment (On-Cloud, On-Premises), End-User - Global Forecast 2024-2030

Publisher 360iResearch
Published Apr 17, 2024
Length 189 Pages
SKU # IRE18713633

Description

Revenue Cycle Management Market by Product (Integrated, Standalone), Deployment (On-Cloud, On-Premises), End-User - Global Forecast 2024-2030


The Revenue Cycle Management Market size was estimated at USD 92.97 billion in 2023 and expected to reach USD 105.03 billion in 2024, at a CAGR 13.06% to reach USD 219.67 billion by 2030.

Revenue cycle management encompasses a broad spectrum of processes, services, and technologies that facilitate managing and optimizing an organization's revenue lifecycle. RCM systems enable healthcare providers, insurers, and other entities to efficiently manage their financial operations by automating billing, patient registration, appointment scheduling, claims processing, and payment collection. The rise in patient volumes has spurred demand for streamlined revenue cycle processes. In addition, the growing deployment of electronic health records (EHRs) has facilitated data integration between clinical and financial systems, further supporting the demand for revenue cycle management. However, data privacy and security concerns, complex regulatory requirements necessitate continuous system updates and compliance checks, and high initial costs for implementing advanced RCM solutions limit the deployment of revenue cycle management solutions. Nevertheless, ongoing advancements and the design of user-centric platforms prioritizing patient engagement are expected to create a potential platform for the revenue cycle management market in the coming years.



Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

189 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Simplified and efficient accounting and billing
5.1.1.2. Key advantage over traditional revenue cycle management
5.1.1.3. Government enforcement and regulatory mandates
5.1.2. Restraints
5.1.2.1. Technical infrastructure support
5.1.3. Opportunities
5.1.3.1. Increasing demand for cloud-based RCM
5.1.3.2. End-to-end blockchain supported RCM services
5.1.4. Challenges
5.1.4.1. Untrained and unskilled staff
5.2. Market Segmentation Analysis
5.2.1. Product: Extensive usage of integrated RCM to simplify billing and recording procedures
5.2.2. Deployment: Potential demand for on-cloud RCM solutions due to its cost-effectiveness
5.2.3. End-user: Rapid adoption of advanced RCM solutions by hospitals and care providers to enhance overall operational efficiency
5.3. Market Disruption Analysis
5.4. Porter’s Five Forces Analysis
5.4.1. Threat of New Entrants
5.4.2. Threat of Substitutes
5.4.3. Bargaining Power of Customers
5.4.4. Bargaining Power of Suppliers
5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis
6. Revenue Cycle Management Market, by Product
6.1. Introduction
6.2. Integrated
6.3. Standalone
7. Revenue Cycle Management Market, by Deployment
7.1. Introduction
7.2. On-Cloud
7.3. On-Premises
8. Revenue Cycle Management Market, by End-User
8.1. Introduction
8.2. Emergency Medical Services
8.3. Hospitals & Care Providers
8.4. Laboratories
8.5. Physicians
9. Americas Revenue Cycle Management Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Revenue Cycle Management Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Revenue Cycle Management Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.3.1. Aspirion Announces Acquisition of FIRM Revenue Cycle Management Services, Inc.
12.3.2. Sutter Inks 10-year Contract With R1 RCM
12.3.3. Olive Unveils New Solution to Automate the Revenue Cycle Management Process
12.4. Strategy Analysis & Recommendation
13. Competitive Portfolio
13.1. Key Company Profiles
13.2. Key Product Portfolio
FIGURE 1. REVENUE CYCLE MANAGEMENT MARKET RESEARCH PROCESS
FIGURE 2. REVENUE CYCLE MANAGEMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. REVENUE CYCLE MANAGEMENT MARKET DYNAMICS
FIGURE 7. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 10. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. GLOBAL REVENUE CYCLE MANAGEMENT MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES REVENUE CYCLE MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES REVENUE CYCLE MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA REVENUE CYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. REVENUE CYCLE MANAGEMENT MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 22. REVENUE CYCLE MANAGEMENT MARKET, FPNV POSITIONING MATRIX, 2023

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