Revenue Cycle Management Market account to USD 85.52 billion by 2027 | DBMR

Revenue cycle management market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 85.52 billion by 2027 and will grow at a CAGR of 13.00% in the above-mentioned forecast period.

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The growth of the revenue cycle management market is majorly driven by supportive growth through regulatory compliance over the forecast period of 2020 to 2027. Also some of the prominent features of revenue cycle management system consist of faster claims process, punctual denial management, and 99% claims processing resolution rate which is encouraging the overall revenue cycle management market growth.

Competitive Landscape and Revenue Cycle Management Market Share Analysis

Allscripts Healthcare, LLC, The athenahealth, Inc., CareCloud Corporation, Cerner Corporation, Conifer Health Solutions, LLC, eClinicalWorks, Epic Systems Corporation, Experian Information Solutions, Inc., General Electric Company, R1 RCM, Inc., GeBBS Healthcare Solutions, McKesson Corporation, NXGN Management, LLC., nThrive, Inc., Quest Diagnostics Incorporated and The SSI Group, LLC

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Revenue Cycle Management Market Scope and Market Size

• Based on product type, the revenue cycle management market is segmented into integrated RCM and standalone RCM.
• The function segment of the revenue cycle management market is segmented into Claim and denial, medical coding and billing, patient insurance eligibility verification, payment remittance, electronic health record (Ehr), clinical documentation improvement (Cdi) and other.
• Based on deployment, the revenue cycle management market is divided into web-based, on-premise and cloud-based.
• On the basis of component, the revenue cycle management market is segmented into software and services.
• The end user segment of the revenue cycle management market is segmented into hospitals, general physicians, labs and others.

Global Revenue Cycle Management Market Country Level Analysis

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.

Key Pointers Covered In The Revenue Cycle Management Market Industry Trends And Forecast To 2028

• The study provides an in-depth analysis, current trends, and future estimations of the Revenue Cycle Management market to elucidate the imminent investment pockets.
• Comprehensive analysis of factors that drive and restrict the Revenue Cycle Management market growth is provided.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Extensive analyses of key segments of the industry help understand the types of products and technologies used across various geographical regions.

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Some Of The Major Highlights Of Toc Covers:-

1. Introduction
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Key Insights
6. Revenue Cycle Management Market Analysis and Forecast, By Product
7. Revenue Cycle Management Market Analysis and Forecast, By End-user
8. Revenue Cycle Management Market Analysis and Forecast, By Region
9. Competitive Landscape

COVID – 19 scenario analysis:

• The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
• Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
• Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
• Over 4 million people affected, with 300 thousand losing their lives due to SARS-CoV-2

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