Medical Billing Service Market 2020: Soaring Demand Assures Motivated Revenue Share by 2025 | Analysis by DrChrono, CareCloud, AdvancedMD, ClaimCare, Kareo, Auctus Group, Iris Medical

Global Medical Billing Service Market Synopsis:

The exclusive research report on the Global Medical Billing Service Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Medical Billing Service Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

Some of the most important key factors driving the growth of the Global Medical Billing Service Market are rapid growth in patient population due to various diseases, growing expenditure in healthcare, increasing use of internet, increased need for risk and compliance management, increasing digitalization in healthcare industry, rising use of Information technology in maximum sectors.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Medical Billing Service Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

In terms of regional analysis, America commands the largest market due to extensive growth of the information technology industry. Increasing industrialization and increase in healthcare industry are factors driving the growth of the market. Europe is the second largest market for Medical Billing Service Market followed by APAC. APAC shows the fastest growth in this market due to an increase in prevalence of communicable diseases resulting increase in patient population. Particularly, India and China are expected to be emerging and the fastest growing market.

Top Major Key Players in the Global Medical Billing Service Market:

1 DrChrono

2 CareCloud

3 AdvancedMD

4 ClaimCare

5 Kareo

6 BillingParadise

7 Auctus Group

8 Clinical Info Solutions

9 Human Medical Billing

10 InSync Healthcare Solutions

11 Iris Medical

12 ChartLogic

13 CRT Medical Systems

14 Nuesoft Technologies

15 GroupOne and More………………..

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Product Type Segmentation

1 On-premise

2 Cloud Based

Industry Segmentation

1 Clinical

2 Operations

3 Pharmacy

International Business News:

CareCloud (March 24, 2020) - Mtbc’s Carecloud Launches New Telehealth Solution to Help Physicians and Patients Stay Connected during Coronavirus Pandemic - MTBC, Inc., a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced the launch of CareCloud Live, a new telehealth solution that gives providers using CareCloud Central the ability to seamlessly offer secure virtual visits to a growing number of patients seeking remote care with minimal disruption.

“With regulatory and reimbursement restrictions on telehealth loosening to make it easier for providers to conduct and receive reimbursement for virtual visits during the coronavirus pandemic, many practices are exploring how they can leverage telehealth to address this urgent need,” said Shruti Patel, MTBC President, Telehealth Division. “CareCloud Live empowers healthcare providers to deliver patient care remotely from the safety of their office or home, which is particularly important now as our communities are embracing ‘social distancing’.”

CareCloud Live is the latest software solution to be offered by CareCloud, a leader in electronic health record (EHR), revenue cycle management (RCM), and patient experience management (PXM) technology. Through CareCloud Live, practices will be able to schedule and conduct secure, HIPAA-compliant consultations virtually using real-time video technology. The service has been designed to optimize patient use and can be accessed through desktop or mobile devices using iOS and Android operating systems.

“Our clients are looking for reliable, secure platforms they can put in place easily and quickly in order to continue seeing their patients outside of their physical practice,” said Juan Molina, Divisional President of CareCloud. “Through CareCloud Live, we are able to offer them a turnkey solution to enhance their telehealth capabilities as part of the range of adjustments they are making to their operating model during this challenging time.”

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Major Points in Table of Contents:

Global Medical Billing Service Market Report 2020

1 Medical Billing Service Product Definition

2 Global Medical Billing Service Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Medical Billing Service Shipments

2.2 Global Manufacturer Medical Billing Service Business Revenue

2.3 Global Medical Billing Service Market Overview

2.4 COVID-19 Impact on Medical Billing Service Industry

3 Manufacturer Medical Billing Service Business Introduction

3.1 DrChrono Medical Billing Service Business Introduction

3.2 CareCloud Medical Billing Service Business Introduction

3.3 AdvancedMD Medical Billing Service Business Introduction

3.4 ClaimCare Medical Billing Service Business Introduction

3.5 Kareo Medical Billing Service Business Introduction

3.6 BillingParadise Medical Billing Service Business Introduction

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