Press release
Revenue Cycle Management Market will register significant gains over the projected time period 2019- 2025
Browse Complete Report Details:@ https://www.fortunebusinessinsights.com/industry-reports/revenue-cycle-management-market-100275
Some of the major companies that are present in the Global Revenue Cycle Management Market are;
• Microsoft
• IBM
• Dell
• McKesson
• Experian
• Allscripts
• Athenahealth
• Greenway Health
• GeBBS Healthcare Solutions
• ZirMed, now part of Waystar
• Epic Systems Corporation
• General Electric Manufacturing Company Cerner Corporation
• AdhereTech.
The rising adoption of RCM among end users and presence of well-established healthcare infrastructure is expected to drive the RCM market in North America. In addition to this, revenue cycle management solutions offer long-term benefits, which is a key reason behind its high uptake in the region. Furthermore, the increasing presence of physicians and hospitals in North America will fuel the demand for revenue cycle management services in the coming years.
According to studies, Asia Pacific is projected to exhibit a high growth in the global RCM market. The growth is primarily attributable to the rising target population looking for medical claims and treatment. Moreover, the market is expected to witness exceptional growth opportunities in India, China, Singapore, and Japan.
Request Sample PDF@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/revenue-cycle-management-market-100275
Advent of IT and Analytics in Healthcare Industry Boosts the Market
“Cloud-based solutions are in high demand across the world for seamless data sharing,” stated a lead analyst at Fortune Business Insights. “Several companies are increasingly adopting cloud-based platforms to offer advanced revenue cycle management services,” he added. Robust government initiatives, coupled with decrease in healthcare reimbursements, are likely to drive the RCM market in the coming years. The rising use of analytical tools and IT in the healthcare industry is expected to increase the revenue generated by the RCM market between 2018 and 2025.
As per a survey conducted by a research organization called Black Book, out of 500 U.S. hospitals surveyed, 400 hospitals implemented revenue cycle managements systems. With the help of analytical tools, RCM services provide better remote assistance and reduce vendor fees. They also help in streamlining the robotic process automation, encouraging companies to adopt RCM technologies. IT and analytics in RCM can help clinicians, healthcare managers, and physicians to automate the medical assessment based on insurance eligibility and medical financial coverage. Fortune Business Insights predicts the above factors to give tailwinds to the revenue cycle management market over the forecast period.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Revenue Cycle Management Market will register significant gains over the projected time period 2019- 2025 here
News-ID: 1848094 • Views: …
More Releases from Fortune Business Insights Pvt. Ltd.
Luxury Goods Market Size Report, Trends, Overview, Outlook & Future Growth By 20 …
The global luxury goods market size was valued at USD 272.74 billion in 2022. The market is anticipated to grow from USD 284.00 billion in 2023 to USD 392.40 billion by 2030, exhibiting a CAGR of 4.7% during the forecast period.
Luxury products signify the status symbol of an individual. Businesses focus on high-income populations with visually appealing designs and technology-integrated products. For instance, NFC-installed chips in jewelry; a product called…
With 17.2% CAGR, Smart Glass market Market to Hit USD 15,788.0 Million by 2022-2 …
The global smart glass market size is anticipated to reach USD 15,788.0 million by 2027, owing to the rise in the use of smart glass for different applications such as aerospace, marine, architectural, and automotive.
Smart glass or switchable glass is glazing or a glass with altered transmission properties as and when heat, light, or voltage is applied. They are capable of changing their appearance from opaque to translucent to transparent…
Non-alcoholic Beverages Market Segmentation& Analysis, Industry Growth Forecast …
According to Fortune Business Insights ™, the global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. The value of this market was USD 919.13 billion in 2019 and is expected to rise at a CAGR of 8.20% between 2020 to 2027 to reach USD 1,257.77 billion by the end of 2027.
List of…
Intravenous Iron Drugs Market 2022: Global Technology, Segmentation, Growth, Dev …
Global Intravenous Iron Drugs Market Size research report 2022 offers an in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. The demand for refractive surgeries is anticipated to increase, attributed to the rise in the aging population and excessive use of digital devices, which has increased the screen time of the world population due to the…
More Releases for RCM
Healthcare RCM Market New Business Experts Ideas By Top Players Navigant Consult …
Growing population and the consequent rise in demand for healthcare facilities along with claims to various medical reimbursements have rendered the medical bills to be highly error prone. Furthermore, various government related compliance requirements coupled with increased fraudulence screening are leading to the demands for a more robust solution. Automation in front desk activity and online payments for patients have reduced the number of claim denials. Automated solutions has also…
Investigation announced for Investors in shares of R1 RCM Inc. (NASDAQ: RCM)
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at R1 RCM Inc.
Investors who purchased shares of R1 RCM Inc. (NASDAQ: RCM) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain R1 RCM Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Chicago,…
Healthcare Rcm Outsourcing Market DRIVES FUTURE CHANGE | Availity, The SSI Group …
Global Healthcare Rcm Outsourcing Market Growth (Status And Outlook) 2024, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Healthcare Rcm Outsourcin market,…
Healthcare RCM Market Size With an Impressive Growth Rate By 2027 - Leidos, nThr …
Growing population and the consequent rise in demand for healthcare facilities along with claims to various medical reimbursements have rendered the medical bills to be highly error prone. Furthermore, various government related compliance requirements coupled with increased fraudulence screening are leading to the demands for a more robust solution. Automation in front desk activity and online payments for patients have reduced the number of claim denials. Automated solutions has also…
Asia Pacific Revenue Cycle Management (RCM) System Market boosted by Decrease in …
Revenue cycle management (RCM) system is used for tracking financial records in healthcare facilities. The system includes tracking from registration and appointment to final payment of services. It integrates business sides and clinical sides, such as personal information of patients, insurance provider, and treatment received by patients. The time between providing service and receiving payment is reduced by interfacing various IT systems together. Patients can pay bills online, receive updates…
Revenue Cycle Management (RCM) Market - Scope & Opportunities 2025
Global Revenue Cycle Management (RCM) Market: Snapshot
Revenue cycle management is seeing rising uptake in healthcare centers in the US and in other countries across the world as well. It is leveraged to track the revenue from their patients by managing claims processing, payment and revenue generation. A medical billing software or practice management software is needed for it and the overall process includes determining everything from eligibility of patients, collecting…
