Press release
Revenue Cycle Management Market Demand for Solutions and Services in Hospitals around the World
Revenue Cycle Management Market Outlook 2022-2029The Revenue Cycle Management Market research offers complete knowledge and information on the market's flowing landscape, what is now available on the market, upcoming trends, market expectations, the competitive environment, and methods that may be used to outperform competitors.
Market Analysis and Size
The Revenue Cycle Management Market is currently valued at US$ 91.57 Billion and is projected to register 10.6% CAGR through 2029.
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In recent years, the amount of electronic data created in the healthcare sector has reached terabyte and petabyte levels, principally as a result of an increase in the number of patients and the digitalization of administrative, clinical, and financial data. Solutions for revenue cycle management are therefore required. This tendency is also significantly influenced by the sheer variety of data in healthcare as well as the expanding popularity and application of HCIT solutions.
Industry Developments
In 2020, R1 RCM Inc. which is a company that offers revenue cycle management (RCM) services to various healthcare providers acquired SCI Solutions, Inc. (SCI), a provider of patient access solutions and SaaS-based scheduling. This acquisition will help the company to automate ordering, authorization processes and, scheduling.
Competitors in the Market:
Market Growth Reports lists out all the Revenue Cycle Management Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market: McKesson Corporation (US), Change Healthcare (US), 3M (US), Experian plc (Ireland), Conifer Health Solutions (US), Allscripts Healthcare Solutions (US), GE Healthcare (US), Cognizant (US), Athenahealth (US), SSI Group LLC (US), AdvantEdge Healthcare (US), and Huron Consulting Group (US), and others.
Scope of the Report:
Revenue Cycle Management Market by Type, 2020-2029 (In USD Million)
Standalone
Integrated
Revenue Cycle Management Market by Component, 2020-2029 (In USD Million)
Services
Software
Revenue Cycle Management Market by Deployment, 2020-2029 (In USD Million)
On Premise
Cloud
Read Detailed Index of full Research Revenue Cycle Management Market Study
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Detailed Table of Content
Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
Executive Summary
3.1. Global Revenue Cycle Management Market Size (US$ Mn) and Forecast, by Region
3.2. Global Revenue Cycle Management Market: Market Snapshot
Market Overview
4.1. Global Revenue Cycle Management Market Overview
4.2. Global Revenue Cycle Management Market Key Industry Developments
Market Dynamics
5.1. Drivers and Restraints Snapshot Analysis
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Key Trends
5.6. Global Revenue Cycle Management Market Revenue Projections (US$ Mn)
5.7. Global Generic Products Penetration Overview: by Key Countries
Global Revenue Cycle Management Market, by Region
North America
S.
Canada
Europe
Germany
France
K.
Italy
Spain
Rest of Europe (ROE)
Asia-Pacific (APAC)
Japan
China
India
Rest of APAC
Latin America
Middle East & Africa
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
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Regions/countries expected to have the fastest growth rates at some point during the forecast period
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