Healthcare RCM Market Size With an Impressive Growth Rate By 2027 - Leidos, nThrive, R1 RCM, drchrono, Change Healthcare

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 helped front desk staff, coders, providers and billers to increase productivity. These benefits are expected to stimulate the Healthcare RCM market.

The healthcare RCM market is anticipated to grow in the forecast period owing to regulatory mandated for adoption of EHR/EMR, government initiatives to boost adoption of RCM solutions, loss of revenue due to billing errors and process improvements in developing markets. Moreover, growing consolidation among vendors for end-to-end solutions, rising demand for cloud-based RCM solutions, as well as potential RCM markets for it vendors is expected to offer significant growth opportunities in the market during the forecast period.

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The global healthcare RCM market is segmented on the basis of component, product and deployment. Based on component, the market is bifurcated into hardware and software. Based on product, the market is classifies as Integrated and Standalone. Based on deployment the market is categorized as on-premise and cloud based.

Here we have listed the top Healthcare RCM Market companies in the world

1. Change Healthcare
2. Convergent Outsourcing, Inc.
3. Dell Inc.
4. drchrono Inc.
5. GENERAL ELECTRIC COMPANY
6. Leidos
7. Navigant Consulting, Inc.
8. nThrive, Inc.
9. R1 RCM Inc.
10. Xerox Corporation

Highlights the following key factors:

1) Business description-A detailed description of the company's operations and business divisions.
2) Corporate strategy - Analyst's summarization of the company's business strategy.
3) SWOT Analysis-A detailed analysis of the company's strengths, weakness, opportunities, and threats.
4) Company history - Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors - A list of key competitors to the company.
7) Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 7 years history.

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the Healthcare RCM market.
2. Complete coverage of all the segments in the Healthcare RCM market to analyze the trends, developments in the global market and forecast of market size up to 2027.
3. Comprehensive analysis of the companies operating in the global Healthcare RCM market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Healthcare RCM market based on product and application. It also provides market size and forecast till 2027 for overall Healthcare RCM market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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