openPR Logo
Press release

Technology Spending on Revenue Cycle Management Market - APAC Grows Stronger in Demand for Revenue Cycle Management

10-03-2017 10:06 AM CET | Health & Medicine

Press release from: Transparency Market Research

Technology Spending on Revenue Cycle Management Market - APAC

Global Technology Spending on Revenue Cycle Management: Snapshot

The global technology spending on revenue cycle management is primarily being driven by the wide array of advantages that their implementation can offer, such as increase in revenue generation, better efficiency in healthcare practices, easier compliance with industry norms and regulations, and greater accuracy and easier access to healthcare IT systems. However, its market is currently being restricted by a host of issues, including the inability to handle uninsured patients, the losses and increased pressure incurred due to changes in regulations, the low mobility of a system in response to shifting market dynamics, and the overall concerns regarding the integrity and security of data.

For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17597

The current trends in the global market for technology spending on revenue cycle management include a growing use of credit card programs that can aid and cover a greater percentage of a national population and allow healthcare organizations to access their medical data faster. The global market for technology spending on revenue cycle management is expected to reach an evaluation of US$51.56 bn by the end of 2024. It was calculated at US$28.50 bn at the end of 2015 and is expected to expand at a healthy CAGR of 6.9% within a forecast period from 2016 to 2024.

Companies Going for Cloud-based Revenue Cycle Management

Revenue cycle management can be dissected into integrated and stand-alone, on the basis of platforms. An integrated platform for revenue cycle management is a combined system for a healthcare organization’s financial performance management, a patient’s electronic health records (EHR), and business intelligence tools, all collected under a single revenue cycle solution. A stand-alone platform in revenue cycle management, on the other hand, can work independently of other solutions or software. It works individually without requiring patient health records or medical records integration. Based on deployment, revenue cycle management is segmented into cloud-based and on-premise. Cloud-based deployment is trending and has greater growth opportunities in the forecast years due to its accessibility and lower costs.

APAC Grows Stronger in Demand for Revenue Cycle Management

North America played the leading role among all key regions in technology spending on revenue cycle management in 2015. However, over the coming years, technology spending on revenue cycle management in Asia Pacific will exhibit the leading CAGR of 8.5%, between 2016 and 2024. Asia Pacific is therefore expected to hold an important position in the sustainable growth of the global technology spending on revenue cycle management industry over the above forecast period.

Obtain Report Details @ https://www.transparencymarketresearch.com/technology-spending-revenue-cycle-management.html

The Asia Pacific region is still relatively behind in terms of adoption and development of new technologies. Although the expenditures on technology in modern revenue cycle management is currently low in the region, the market is expected to grow substantially, owing to factors such as the positive modulations in global regulatory reforms, the evolving economic scenario and its consequent increase in purchasing power of consumers and enterprises, growing awareness of the advantages of modern revenue cycle management processes and the presence of a large and growing number of patients suffering from various chronic disorders. Japan currently represents a highly lucrative market in terms of spending, compared to the rest of the APAC nations.

Cerner Corporation, McKesson Corporation, DST Systems, Inc., Allscripts, 3M, and Perot Systems have been some of the key players that have led the global market in technology spending on revenue cycle management. A large number of the more prominent entities from this market are known to be located within the U.S.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Technology Spending on Revenue Cycle Management Market - APAC Grows Stronger in Demand for Revenue Cycle Management here

News-ID: 751357 • Views: 439

More Releases from Transparency Market Research

High Performance Computing Market - Global Industry Analysis, Size, Share, Growt …
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global High Performance Computing market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2022 to 2028. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the High Performance
Active Optical Cables Market - Global Industry Analysis, Size, Share, Growth, Tr …
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Active Optical Cable market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2022 to 2032. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Active Optical
Enterprise Search Market - Global Industry Analysis, Size, Share, Growth, Trends …
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Enterprise Search market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2019 to 2028. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Enterprise Search industry.
Mobile Security (mSecurity) Market: Global Industry Analysis, Size, Share, Growt …
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Mobile Security (mSecurity) market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2022 to 2032. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Mobile Security

All 5 Releases


More Releases for Cycle

Full Life Cycle API Management Market to Set New Growth Cycle | Mulesoft, Google …
Global Full Life Cycle API Management Market Report 2020, Covid 19 Outbreak Impact research report added by Report Ocean, predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Further, the document provides comprehensive analysis of the key industry trends as well as the opportunities that will ensure an upward growth trajectory in the coming years. It also
Submarine AIP System Market Segmented By product type Closed Cycle Diesel Engin …
This Fact.MR Report examines, global submarine AIP system market for the forecast period 2017–2026. The prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the global submarine AIP system market. To understand the opportunities and trends in this market, the report is categorically divided into three sections namely on the basis of product type, fit type, and region. The
In-vitro fertilization (IVF) Market By Types of cycle (Fresh Cycle (Non-Donor), …
Global In-vitro fertilization (IVF) Market was valued at USD 507.98 Million in the year 2017. Global In-vitro fertilization (IVF) Market is further estimated to grow at a CAGR of 10.41 % from 2018 to reach USD 920 Million by the year 2023. North America region holds the highest market share in 2017 and Europe is considered as the fastest growing market in the forecasted period. At country level, developed markets
Technology Spending on Revenue Cycle Management Market - APAC Grows Stronger in …
McKesson Corporation, Allscripts, Cerner Corporation, and Optum Health, Inc. were the leading players in the global market for technology spending on revenue cycle management in 2015. These key companies show the common strengths in having built strong distribution channels and effective long-term partnerships. Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17597 According to a research report released by Transparency Market Research, technology spending on revenue cycle management is expected to experience a buildup in competitive rivalries
Aeroderivative Gas Turbine Market By Technology (Open Cycle, Combined Cycle), In …
Combined cycle aeroderivative gas turbine market for 2015 was over 5 GW and looks set to see handsome growth. Rising acceptance across cogeneration electricity generating stations owing to its fast start and cycling capabilities will complement the business outlook. Aeroderivative Gas Turbine Market size will exceed 21 GW by 2024, as reported in the latest study by Global Market Insights, Inc. Rising cogeneration technology adoption to meet the growing electricity
Stationary Cycle Market
Global stationary cycle market consists of devices having pedals and handle bars like a bicycle, but it is a stationary equipment generally with an ergometer attached, to measure the amount of work done during exercising. Global stationary cycle market is used as a form of indoor cardiovascular exercise, to overcome obesity and various other forms of medical problems. It is a low impact workout which is safer especially for medically