North America Revenue Cycle Management (RCM) Market 2020-2024 New Updates|| Leading Players - The SSI Groups Inc.,GE Healthcare,Epic Systems,Siemens Healthcare;

The North America Revenue Cycle Management (RCM) Market is expected to reach USD 52.7 billion by 2024 from USD 23.1 billion in 2016, growing at a CAGR of 12.6% from 2017 to 2024, . The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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In this competitive age, an absolute as well as ample knowledge about the competitive landscape, product range of the competitors, their strategies, and future prospects are very important for businesses. North America Revenue Cycle Management (RCM) market research report serves the same and hence explains everything in detail that serves the business purpose and gives a competitive advantage. The report can be utilized to attain valuable market insights in a commercial way. Additionally, this North America Revenue Cycle Management (RCM) market report incorporates historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry.

The Key Players in the North America Revenue Cycle Management Market are:-

McKesson Corporation,
Cerner Corporation,
Quest Diagnostics,
Athena Health Inc.,
Allscripts.,
E Clinical Works,
Care Cloud Corporation,
The SSI Groups Inc.,
GE Healthcare,
Epic Systems,
Siemens Healthcare,
and Kareo Inc., among others.

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Market Definition: North America Revenue Cycle Management (RCM) Market:-

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.

Market Segmentation: North America Revenue Cycle Management (RCM) Market:-

In this report, the North America revenue cycle management market is segmented on the basis of product type, deployment, component, stage, end-user, and geography. The revenue cycle management market is segmented with respect to type into integrated RCM and standalone RCM. The end-users of this market include hospitals, laboratories, and physicians and others. By product type RCM solutions are segmented into standalone and integrated RCM. The integrated RCM solution are generally used by larger organizations where integration with other healthcare IT products such as RIS, LIS, PACS, HER among others to form a more holistic process for billing and claim settlements. However standalone RCM is best used in smaller hospitals and physician offices where they need to manage only one healthcare application.

In the components sub-category of the RCM market, the services segment dominates the market, and is expected to reach USD 11.2 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 35.2% of the North America RCM market. The physicians segment dominates the market among end-users, and is accounted to USD 7.2 billion in 2015.

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.

Based on geography the market is segmented into 3 countries, U.S., Canada and Mexico. U.S. is expected to dominate the market due to the rising need to decrease healthcare expenditure which is forming the major share of the market. With the market in U.S. shifting to value based reimbursements RCM is expected to play a major role to develop this process.

Report range-

The report offers North America Revenue Cycle Management (RCM) Market Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the North America Revenue Cycle Management (RCM) Market Market size has been provided.
The study provides an in-depth analysis of the global North America Revenue Cycle Management (RCM) Market Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry

Table of Content: North America Revenue Cycle Management (RCM) Market :-

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global North America Revenue Cycle Management (RCM) Landscape

Part 04: Global North America Revenue Cycle Management (RCM) Sizing

Part 05: Global North America Revenue Cycle Management (RCM) Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

And More.....

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