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Global Revenue Cycle Management Market Size, Trends & Growth Opportunity By Type ( Integrated, Standalone), By Deployment (On-Premise, Cloud Based )By Deployment (On-Premise, Cloud Based), By End User (Hospitals, Physicians, Diagnostic Centers, and Ambula

Publisher QualiKet Research
Published Feb 11, 2023
Length 118 Pages
SKU # QUA17762592

Description

Global Revenue Cycle Management Market Size, Trends, and Growth Opportunity By Type ( Integrated, Standalone), By Deployment (On-Premise, Cloud Based )By Deployment (On-Premise, Cloud Based), By End User (Hospitals, Physicians, Diagnostic Centers, and Ambulatory Care Centers), By Region, and Forecast till 2027.

Global Revenue Cycle Management Market

THE global revenue cycle management market was valued at USD 52.14 billion in 2022, which is expected to reach USD 87.25 billion by 2027 at a CAGR of 9.01 % from 2022-2027.

Revenue cycle management is an improved financial procedure used by healthcare professionals to handle patient information, revenue creation, reimbursements, and claims management. This system provides real-time access to claim management and enables healthcare providers to handle their jobs properly, from registration and appointment scheduling through final balance payment.

Market Drivers

Increased government initiatives and investments, as well as revenue loss due to billing errors, are likely to drive the worldwide revenue cycle management market's growth. Furthermore, technical advances and innovations will benefit market growth. For example, eClinicalworks announced a new acute care HER and revenue cycle management cloud-based platform for ambulatory care centres in February 2018. Furthermore, in June 2019, Homecare Home Base introduced a new revenue cycle management solution. Furthermore, process improvements in the healthcare industry will propel the global revenue cycle management market forward.

Market Restraints

However, high costs and a scarcity of trained personnel are projected to limit the global revenue cycle management market's expansion. Furthermore, data privacy and security issues will have an impact on market growth.

Market Segmentation

Global Revenue Cycle Management The market is segmented into type, such as Integrated, and Standalone, by deployment type such as On-Premise, and Cloud Based. Further, market is segmented into component such as Software, and Services, and by end user such as Hospitals, Physicians, Diagnostic Centers, and Ambulatory Care Centers. Regional Analysis

Also, the global revenue cycle management market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America dominated the revenue cycle management market. The expanding presence of physician's offices in the United States is responsible for the market's substantial revenue share. Regulatory reforms, such as the ICD-10 modifications in 2015, have resulted in a digital transformation in healthcare systems, with a considerable increase in demand for healthcare IT solutions such as revenue cycle management systems to improve efficiency and care delivery.

Market Key Players

Various key players are discussed in this report, such as Epic Systems, Conifer Health Solutions, Eclinicalworks, Ge Healthcare, Athenahealth, Allscripts Healthcare Solutions, Quest Diagnostics, Mckesson, and Cerner.

Market Taxonomy

By Type
  • Integrated
  • Standalone
By Deployment
  • On-Premise
  • Cloud Based
By Component
  • Software
  • Services
By End User
  • Hospitals
  • Physicians
  • Diagnostic Centers
  • Ambulatory Care Centers
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Table of Contents

118 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Revenue Cycle Management Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Revenue Cycle Management Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Revenue Cycle Management Market Share Analysis, By Type
5.3 Global Revenue Cycle Management Market Size and Forecast, By Type
5.3.1 Integrated
5.3.2 Standalone
6 Global Revenue Cycle Management Market, By Deployment
6.1 Y-o-Y Growth Comparison, By Deployment
6.2 Global Revenue Cycle Management Market Share Analysis, By Deployment
6.3 Global Revenue Cycle Management Market Size and Forecast, By Deployment
6.3.1 On-Premise
6.3.2 Cloud Based
7 Global Revenue Cycle Management Market, By Component
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Revenue Cycle Management Market Share Analysis, By Component
7.3 Global Revenue Cycle Management Market Size and Forecast, By Component
7.3.1 Software
7.3.2 Services
8 Global Revenue Cycle Management Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Revenue Cycle Management Market Share Analysis, By End User
8.3 Global Revenue Cycle Management Market Size and Forecast, By End User
8.3.1 Hospitals
8.3.2 Physicians
8.3.3Diagnostic Centres
8.3.4 Ambulatory Care Centres
9Global Revenue Cycle Management Market, By Region
9.1 Global Revenue Cycle Management Market Share Analysis, By Region
9.2 Global Revenue Cycle Management Market Share Analysis, By Region
9.3 Global Revenue Cycle Management Market Size and Forecast, By Region
10 North America Revenue Cycle Management Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Revenue Cycle Management Market Share Analysis, By Type
10.3 North America Revenue Cycle Management Market Size and Forecast, By Deployment
10.4 North America Revenue Cycle Management Market Size and Forecast, By Component
10.5 North America Revenue Cycle Management Market Size and Forecast, By End User
10.6 North America Revenue Cycle Management Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Revenue Cycle Management Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Revenue Cycle Management Market Share Analysis, By Type
11.3 Europe Revenue Cycle Management Market Size and Forecast, By Deployment
11.4 Europe Revenue Cycle Management Market Size and Forecast, By Component
11.5 Europe Revenue Cycle Management Market Size and Forecast, By End User
11.6 Europe Revenue Cycle Management Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Revenue Cycle Management Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Revenue Cycle Management Market Share Analysis, By Type
12.3 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Deployment
12.4 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Component
12.5 Asia Pacific Revenue Cycle Management Market Size and Forecast, By End User
12.6 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Revenue Cycle Management Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Revenue Cycle Management Market Share Analysis, By Type
13.3 Latin America Revenue Cycle Management Market Size and Forecast, By Deployment
13.4 Latin America Revenue Cycle Management Market Size and Forecast, By Component
13.5 Latin America Revenue Cycle Management Market Size and Forecast, By End User
13.6 Latin America Revenue Cycle Management Market Size and Forecast, By Country
14Middle East Revenue Cycle Management Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Revenue Cycle Management Market Share Analysis, By Type
14.3 Middle East Revenue Cycle Management Market Size and Forecast, By Deployment
14.4 Middle East Revenue Cycle Management Market Size and Forecast, By Component
14.5 Middle East Revenue Cycle Management Market Size and Forecast, By End User
14.6 Middle East Revenue Cycle Management Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Epic Systems
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Conifer Health Solutions
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Eclinicalworks
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 , Ge Healthcare
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Athenahealth
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Allscripts Healthcare Solutions
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Quest Diagnostics
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Mckesson
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Cerner
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies

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