Healthcare Revenue Cycle Management Market Statistics | Allscripts Healthcare Solutions, AGS Health, Athenahealth, Cognizant Technology Solutions and Cerner
Growing demand for health insurance in the U.S. and Canada will augment healthcare revenue cycle management industry growth over forthcoming years. Medicare and Medicaid medical policy providers implement various initiatives that assures affordable healthcare services and facilities, thereby increasing the demand for insurance policies. Availability of such policies proves beneficial not only for the geriatric population with comparatively low-income level but also helps the overall population in the U.S. to get access to advanced healthcare services. People residing in the U.S. have high investments in the policies offered by Medicare. Insurance providers often find difficulty in managing the financial data as huge amount is collected for healthcare services.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/289515/?utm_source=Openpr.com&utm_medium=AN
Some of the major industry players include Allscripts Healthcare Solutions, AGS Health, Athenahealth, Cognizant Technology Solutions and Cerner
Healthcare Revenue Cycle Management Market is expected to exceed USD 114 billion by 2025. Increasing healthcare expenditures will positively influence the healthcare revenue cycle management market in the near future.
Some major findings of the healthcare revenue cycle management market report include:
- Increasing number of hospital admissions will prove beneficial for the industry growth as it raises the demand for upgraded healthcare revenue management software.
- Technological advancements in the healthcare sector have improved the process of data management in hospitals and diagnostic laboratories. Healthcare facilities have now started relying on software that help in minimizing the errors and flaws that occur during data management.
- Cloud-based software have been highly preferred due to benefits such as data security and efficient data management
- Healthcare revenue cycle management industry is still in its developing phase and yet to witness numerous growth opportunities with the advent of advanced technology
End-user of healthcare revenue cycle management include hospitals, physicians, diagnostics as well as ambulatory surgical centers and others. Hospitals segment was valued over 16 billion in 2018. Considerable revenue size can be attributed to the increasing number of hospital admissions globally. Doctors and administrative staff often rely on integrated HRCM software for data management. Advanced HRCM software allow amalgamation of clinical as well as financial data enabling patient satisfaction. Moreover, government hospitals in rural areas receive funds that further increases the adoption of upgraded HRCM software, thereby stimulating the segmental growth.
Japan HRCM market will experience around 14% growth throughout the forecast timeframe. Japan is a developed economy with improved healthcare infrastructure. This scenario proves beneficial for the country growth as it increases demand for HRCM software. Moreover, favorable demographic trends have also fostered the industry growth. According to a survey, around 26% of the total population in Japan accounted for individuals in the age group of 65 years and above. Majority of the elderly population suffers from chronic diseases that will increase the number of hospital admissions, thereby surging the industry growth
Few major players in the healthcare revenue cycle management market include Allscripts Healthcare Solutions, AGS Health, Athenahealth, Accretive Health, Cognizant Technology Solutions, Cerner, CareCloud, Conifer Health Solutions, Dell, Emdeon, Etransmedia and Experian and SSI Group. These players implement several strategic initiatives such as mergers, acquisitions and new product launches. For instance, in January 2018, SSI group announced acquisition of Informatics Corporation of America to develop new solutions for revenue cycle management. This acquisition will help the company to enhance product portfolio.
For More Details on this Report At: https://www.marketstudyreport.com/reports/healthcare-revenue-cycle-management-market-size-by-product-integrated-standalone-by-deployment-on-premise-cloud-based-by-component-services-software-by-end-user-hospitals-physicians-diagnostic-ambulatory-care-centers-industry-analysis-report-regional-outlook-u-s-canada-germany-uk-france-spain-italy-china-india-japan-brazil-mexico-south-africa-saudi-arabia-growth-potential-competitive-market-share-forecast-2016-2024?utm_source=Openpr.com&utm_medium=AN
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
Web site: https://www.marketstudyreport.com
Marketstudyreport.com allows you to manage and c ontrol all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
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 Healthcare Revenue Cycle Management Market Statistics | Allscripts Healthcare Solutions, AGS Health, Athenahealth, Cognizant Technology Solutions and Cerner here
News-ID: 2049179 • Views: 484
More Releases from marketstudyreport.com
Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides
More Releases for Health
Health literacy: How to improve health behaviors
Health literacy is defined as "people´s knowledge, motivation and competences to access, understand, appraise and apply information to make judgements and take decisions in everyday life healthcare concerning disease prevention and health promotion to maintain and improve quality of life during the life course." In a new volume Anne-Kathrin Mayer and colleagues shed light on the concept of health literacy from different disciplines: psychology, educational sciences, health sciences and
GetSavvi Health - For Health Insurance Needs
GetSavvi Health offers health insurance, which includes basic and primary care at affordable prices. The company believes in the fact that South Africans are hard working and each of them deserve access to affordable and high-quality healthcare facilities and that too at affordable prices. The company desires to be a leader in the primary healthcare sector. Primary care is all about basic healthcare facilities through day-to-day benefits, which help in
Nutrition: Health Is Wealth
Nutrition is the supply of food to the body required by an organism to stay alive and healthy. In the language of human medicine, nutrition is the practice of consuming foods or utilization by the body. In today’s life, consuming healthy food is as difficult as getting fresh air. Seriously, nutrition is no rocket science! Having a little knowledge of nutrients and its proportions makes it easier for the consumer
MENTAL HEALTH NURSING, PUBLIC HEALTH AND HEALTH CARE SUMMIT
Psychiatric and Mental Health Nursing 2019 will prove to be a noteworthy event, with this we cherish mental health nursing by embracing the theme, “Fore-fronting nursing care to achieve mental wellness” , and would step forward to provide an opportunity to step in and join our family, as we bring and encourage to join professionals from the following areas of Mental Health, Psychology, Nursing, Physiology, Neurology, Healthcare, Education, Business to
Epidemiology and Public Health
Opportunity to attend/speak at Epidemiology 2019 on February 27-28, 2019 at Prague, Czech Republic with the theme of Emerging Technologies, Applications and Health transitions in Epidemiology and Public Health. https://epidemiology.euroscicon.com/ Whatsapp: 13024004945 Euroscicon Milevská 7, 140 63 Praha 4, Czechia Katherine Gracia
TrendSights Analysis: Personalized Health
ReportsWeb.com published “Personalized Health Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Today's digitally savvy consumers are taking their personal wellbeing into their own hands by using products and services that address their specific health needs and help them "live better." As awareness increases, demand for more