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Revenue Cycle Management (RCM) Market Industry Rising Globally with Top Competitors McKesson Corporation, Cerner Corporation, Quest Diagnostics, Athena Health Inc. and Forecast to 2024

07-18-2018 04:43 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Revenue Cycle Management (RCM) Market – Industry Trends and Forecast to 2024

Global Revenue Cycle Management (RCM) Market – Industry Trends and Forecast to 2024

Data Bridge Market Research added new report of Global Revenue Cycle Management Market Report provides a exclusive tool for appraising the market, highlighting opportunities, and supporting tactical and strategic decision-making.

Revenue cycle management (RCM) is used by healthcare providers to scale and manage the process of healthcare billing and reimbursements. This is achieved by improving the process of claims management, speeding explanation of benefits (EOB) reconciliation, improving the quality of information, streamlining denial management, and by automating processes. The RCM solution manages the patient’s bills from entering the hospital to reimbursement of claims.

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Newly added Report of “Global Revenue Cycle Management Market” has accounted to USD 51.6 billion in 2016, growing at a CAGR of 12.7% from 2017 to 2024, is expected to reach USD 133.6 billion by 2024.

The North American revenue cycle management market is steadily progressing owing to factors, such as decreasing reimbursement in healthcare industry, reduction of overall healthcare costs, initiatives undertaken by governments for implementing RCM solutions, and increasing expenditure by healthcare industry especially made on information technology.

Competitive Analysis:

In the components sub-category of the RCM market, the services segment dominates the market, and is expected to reach $50.9 billion by 2022. Similarly, in the deployments sub-category of the market, the web-based segment dominates the market, and is expected account a market share of 43.1% of the global RCM market. The physicians segment dominates the market among end-users, and is accounted to $21.1billion in 2015.

Revenue cycle management (RCM) is used by healthcare providers to scale and manage the process of healthcare billing and reimbursements. This is achieved by improving the process of claims management, speeding explanation of benefits (EOB) reconciliation, improving the quality of information, streamlining denial management, and by automating processes. The RCM solution manages the patient’s bills from entering the hospital to reimbursement of claims.

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TABLE OF CONTENTS

1 INTRODUCTION
1.1. OVERVIEW OF THE GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET
1.2. CURRENCY AND PRICING
1.3. LIMITATION
1.4. MARKETS COVERED
2 MARKET SEGMENTATION
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT SIZE
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET TIME LINE
2.2.4 MARKET GUIDE
2.2.5 COMPANY POSITIONING GRID
2.2.6 COMAPANY MARKET SHARE ANALYSIS
2.2.7 MULTIVARIATE MODELLING
2.2.8 STANDARDS OF MEASUREMENT
2.2.9 TOP TO BOTTOM ANALYSIS
2.2.10 VENDOR SHARE ANALYSIS
2.2.11 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.12 DATA POINTS FROM KEY SECONDARY DATABASES
2.3. GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET: RESEARCH SNAPSHOT
2.4. ASSUMPTIONS
3 MARKET OVERVIEW
3.1. DRIVERS
3.2. RESTRAINTS
3.3. OPPORTUNITIES
3.4. CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1. VENDOR POSITIONING GRID AND INVESTMENT OPPORTUNITIES
5.2. TECHNOLOLGICAL ADVANCEMENTS
5.3. INSIGHTS ON TECHNOLOGICAL DEVELOPMENTS IN THE GLOBAL SURFACE DISINFECTANTMARKET
5.4. MARKET REGULATORY SCENARIO BY COUNTRY
5.5. INTERVIEW KEY INSIGHTS
6 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, BY TECHNOLOGY
7 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, BY END USER
8 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, BY APPLICATIONS
9 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, BY PROCEDURE
10 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, BY GEOGRAPHY
11 GLOBAL PROTEIN REVENUE CYCLE MANAGEMENT MARKET, COMPANY PROFILES
11.1 THERMO FISHER SCIENTIFIC INC.,
11.2 BIO-RAD LABORATORIES INC.
11.3 MERCK MILLIPORE
11.4 QIAGEN N.V.
11.5 AGILENT TECHNOLOGIES
11.6 COMPANY A
11.7 COMPANY B
11.8 COMPANY C
11.9 COMPANY D
12 APPENDIX
13 ABOUT DATA BRIDGE MARKET RESEARCH

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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