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US Medical Billing Outsourcing Market Size- By Component, By Service, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Publisher SPER Market Research Pvt. Ltd.
Published Feb 02, 2024
Length 102 Pages
SKU # SPER19034039

Description

US Medical Billing Outsourcing Market Size- By Component, By Service, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033


US Medical Billing Outsourcing Market Introduction and Overview

According to SPER market research, ‘US Medical Billing Outsourcing Market Size- By Component, By Service, By End Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the US Medical Billing Outsourcing Market is predicted to reach USD 14.04 Billion by 2033 with a CAGR of 12.5%.

Revenue cycle management (RCM), one of the most important and complex aspects of the healthcare IT industry, is involved in medical billing. Healthcare service providers lose a lot of money as a result of the many difficulties they have in processing a high volume of claims and payments. As a result, there is a growing need for medical billing outsourcing services in the United States.

Significant effects of the COVID-19 epidemic have been seen in the US medical billing outsourcing business. Unprecedented obstacles, such as modifications to billing codes, payment guidelines, and telemedicine acceptance, confronted the healthcare sector. Companies that handle medical billing outsourcing were essential in assisting healthcare providers in navigating these adjustments, guaranteeing correct billing for telehealth services, and handling the growing administrative load.

Scope of the Report:

Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Component, By Service, By End Use
Regions covered Eastern Region, Western Region, Southern Region, Northern Region

Companies Covered

Advanced MD, Inc., Allscripts Healthcare, LLC, Care Cloud, Cerner Corporation, eClinicalWorks, Kareo Inc., McKesson Corporation, Promantra Inc., Quest Diagnostics Incorporated, R1RCM Inc., Others

US Medical Billing Outsourcing Market Segmentation:

By Component:Based on the Component, US Medical Billing Outsourcing Market is segmented as; In-house, Outsourced.

By Service:Based on the Service, US Medical Billing Outsourcing Market is segmented as; Front-end Services, Middle-end Services, Back-end Services.

By End Use:Based on the End Use, US Medical Billing Outsourcing Market is segmented as; Hospitals, Physician Offices, Others.

Table of Contents

102 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the US Medical Billing Outsourcing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. US Medical Billing Outsourcing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in US Medical Billing Outsourcing Market
7. US Medical Billing Outsourcing Market, By Component (USD Million)
7.1. US Medical Billing Outsourcing Market Value Share and Forecast, By Component, 2023-2033
7.2. In-house
7.3. Outsourced
8. US Medical Billing Outsourcing Market, By Service (USD Million)
8.1. US Medical Billing Outsourcing Market Value Share and Forecast, By Service, 2023-2033
8.2. Front-end Services
8.3. Middle-end Services
8.4. Back-end Services
9. US Medical Billing Outsourcing Market, By End Use (USD Million)
9.1. US Medical Billing Outsourcing Market Value Share and Forecast, By End Use, 2023-2033
9.2. Hospitals
9.3. Physician Offices
9.4. Others
10. US Medical Billing Outsourcing Market Forecast, 2019-2033 (USD Million)
10.1. US Medical Billing Outsourcing Market Size and Market Share
11. US Medical Billing Outsourcing Market, By Component, 2019-2033 (USD Million)
11.1. US Medical Billing Outsourcing Market Size and Market Share By Component (2019-2026)
11.2. US Medical Billing Outsourcing Market Size and Market Share By Component (2027-2033)
12. US Medical Billing Outsourcing Market, By Service, 2019-2033 (USD Million)
12.1. US Medical Billing Outsourcing Market Size and Market Share By Service (2019-2026)
12.2. US Medical Billing Outsourcing Market Size and Market Share By Service (2027-2033)
13. US Medical Billing Outsourcing Market, By End Use, 2019-2033 (USD Million)
13.1. US Medical Billing Outsourcing Market Size and Market Share By End Use (2019-2026)
13.2. US Medical Billing Outsourcing Market Size and Market Share By End Use (2027-2033)
14. US Medical Billing Outsourcing Market, By Region, 2019-2033 (USD Million)
14.1. US Medical Billing Outsourcing Market Size and Market Share By Region (2019-2026)
14.2. US Medical Billing Outsourcing Market Size and Market Share By Region (2027-2033)
14.3. California
14.4. Florida
14.5. Illinois
14.6. New York
14.7. Texas
14.8. Others
15. Company Profile
15.1. Advanced MD, Inc.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Allscripts Healthcare, LLC
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Care Cloud
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Cerner Corporation
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. eClinicalWorks
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Kareo Inc.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. McKesson Corporation
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Promantra Inc.
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Quest Diagnostics Incorporated
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. R1RCM Inc.
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope

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