Leading players are McKesson Corporation, Cerner Corporation, Quest Diagnostics, Athena Health, Inc., Allscripts, Eclinicalworks LLC in the Global Revenue Cycle Management (RCM) Market expected to grow at a CAGR of 12.7% and would reach $133.6 billion by
The Global Revenue Cycle Management Market has accounted to USD 51.6 billion in 2016, growing at a CAGR of 12.7% from 2017 to 2024, is expected to reach USD 133.6 billion by 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Click Here for Free Sample Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-revenue-cycle-management-rcm-market
Global Revenue Cycle Management (RCM) Market By Product Type (Integrated RCM, Standalone RCM), By Stage (Front Office, Mid Office, Back Office), By End User (Hospitals, General Physicians, Labs, Others), By Deployment (Web-based, On-premise, Cloud-based), By Component (Software, Services), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) –Industry Trends and Forecast to 2024
Revenue cycle management (RCM) is used by healthcare providers to scale and manage the process of healthcare billing and reimbursements. This is achieved by improving the process of claims management, speeding explanation of benefits (EOB) reconciliation, improving the quality of information, streamlining denial management, and by automating processes. The RCM solution manages the patient’s bills from entering the hospital to reimbursement of claims.
In this report, the revenue cycle management market is segmented on the basis of product type, deployment, component, stage, end-user, and geography.
Based on type the market is further segmented into integrated RCM and standalone RCM.
On the basis of product type RCM solutions are segmented into standalone and integrated RCM. The integrated RCM solution are generally used by larger organizations where integration with other healthcare IT products such as RIS, LIS, PACS, HER among others to form a more holistic process for billing and claim settlements. However standalone RCM is best used in smaller hospitals and physician offices where they need to manage only one healthcare application.
Based on end-users the market is segmented into hospitals, laboratories, and physicians and others.
Based on geography the revenue cycle management market report is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to the rising need to decrease healthcare expenditure which is forming the major share of the market. With the market in U.S. shifting to value based reimbursements RCM is expected to play a major role to develop this process.
To Read More About Detail TOC Visit @ http://databridgemarketresearch.com/toc/?dbmr=global-revenue-cycle-management-rcm-market
In the components sub-category of the RCM market, the services segment dominates the market, and is expected to reach $50.9 billion by 2022. Similarly, in the deployments sub-category of the market, the web-based segment dominates the market, and is expected account a market share of 43.1% of the global RCM market. The physicians segment dominates the market among end-users, and is accounted to $21.1billion in 2015.
The North American revenue cycle management market is steadily progressing owing to factors, such as decreasing reimbursement in healthcare industry, reduction of overall healthcare costs, initiatives undertaken by governments for implementing RCM solutions, and increasing expenditure by healthcare industry especially made on information technology.
The key players operating in this market are McKesson Corporation, Cerner Corporation, Quest Diagnostics, Athena Health, Inc., Allscripts, Eclinicalworks LLC, CareCloud Corporation, The SSI Groups, Inc., GE Healthcare, Epic Systems, Siemens Healthcare, and Kareo, Inc., among others.
Read more about the Global Revenue Cycle Management Market Landscape: http://databridgemarketresearch.com/reports/global-revenue-cycle-management-rcm-market/
Global Digital Health Monitoring Market – Industry Trends and Forecast to 2024
Global Digital Health Monitoring Market By Product Type (Devices (Blood Pressure Monitors, Blood Glucose Monitors, ECG, Oximeters, Peak Flow Monitors, Multi Parameter Monitors, Sleep Apnea Monitors, Neurological Monitors, Others), Software (Healthcare Apps, Chronic Disease Apps, Personal Health Apps, Others), Services (Remote Monitoring, Consultancy Services, Treatment Services, Fitness and Wellness Services, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/global-digital-health-monitoring-devices-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge Market Research
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
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 Leading players are McKesson Corporation, Cerner Corporation, Quest Diagnostics, Athena Health, Inc., Allscripts, Eclinicalworks LLC in the Global Revenue Cycle Management (RCM) Market expected to grow at a CAGR of 12.7% and would reach $133.6 billion by here
News-ID: 846360 • Views: 280
More Releases from Data Bridge Market Research
Tumor Ablation Market to Rise at a Highest CAGR of 13.80% With EDAP TMS, HealthT …
Data Bridge Market Research recently published Global Tumor Ablation Market study with an in-depth overview, describing the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions that are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are AngioDynamics, Boston Scientific Corporation, EDAP TMS, HealthTronics, Inc., Medtronic,
Advanced Visualization Market SWOT Analysis and Forecast 2026: GENERAL ELECTRIC …
Global Advanced Visualization Market is having several developments, product launches, joint ventures, mergers and accusations by its prominent market players and top brands which are driving the market in the terms of sales, import, export, and revenue. This report gives an edge to not just compete but to outmatch the competition. The report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the Advanced Visualization Market. This
Pine-Derived Chemicals Market 2019 Analysis: Eastman Chemical Company, Harima Ch …
Data Bridge Market Research recently added Global Pine-Derived Chemicals Market study with an in-depth overview, describing the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Eastman Chemical Company; Harima Chemicals Group, Inc.; Arakawa Chemical
Hair Accessories Market is Booming at a Highest CAGR of 15.29% With scünci, jdb …
Global Hair Accessories Market Research Report 2019: By Product (Clips & Pins, Head Bands, Wigs & Extensions, Elastics & Ties, Others), Material (Leather, PU, Cloth, Plastics, Metal, Others), Distribution Channel (Supermarkets & Hypermarkets, Multi-Branded Retail Stores, General Stores, Exclusive Retail, Online), End-User (Women, Men), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 Hair Accessories Market is expected to register a healthy
More Releases for RCM
Revenue Cycle Management (RCM) Market grow aggressive over 2025
Global Revenue Cycle Management (RCM) Market: Snapshot Revenue cycle management is seeing rising uptake in healthcare centers in the US and in other countries across the world as well. It is leveraged to track the revenue from their patients by managing claims processing, payment and revenue generation. A medical billing software or practice management software is needed for it and the overall process includes determining everything from eligibility of patients, collecting
Healthcare RCM Outsourcing Market sizes and predictions for growth
MarketResearchReports.Biz adds “Global Healthcare RCM Outsourcing Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Healthcare RCM Outsourcing and the growth estimates for the forecasted period. The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous
Global Healthcare RCM Outsourcing Market Challenges and Frontiers of Growth
Qyresearchreports include new market research report Global Healthcare RCM Outsourcing Market Size,Status and Forecast 2025 to its huge collection of research reports. This report on the global Healthcare RCM Outsourcing market has been compiled by research analysts of the industry, with a primary aim to offer relevant information on the current market conditions for the global Healthcare RCM Outsourcing. Its objective is to talk about the growth prospects of the market
Revenue Cycle Management (RCM) Market Report 2017 Analysis & Research 2025
Global Revenue Cycle Management (RCM) Market: Overview Revenue cycle management solutions can be very beneficial to business and healthcare organizations across the world. Revenue cycle management implies the refinement of a billing process. To do so, the revenue cycle management can make use of an organization’s medical billing software. This can be very valuable in larger healthcare organizations, where they can be used to track patient care and statuses between a
Healthcare Revenue Cycle Management (RCM) Market Emerging Opportunities & Future …
Market Research Future Publish a New Report on - “Healthcare Revenue Cycle Management (RCM) Market Research Report - Forecast To 2027” Exclusive Summery About Report: The meaning of Revenue Cycle Management (RCM) in healthcare is the procedure of dealing with your office's cases, installment and revenue generation processes. In order to efficiently manage the patient revenue cycle of any organization, institute or office. In this era it is required or essential to
Develop business strategies Of Global RCM Outsourcing Industry
MarketResearchReports.Biz presents this most up-to-date research on "Global RCM Outsourcing Industry 2017, Trends and Forecast Report" View Full Report at: https://www.marketresearchreports.biz/reports/1011437/global-rcm-outsourcing-industry-2017-trends-and-forecast-report-market-research-reports Description RCM Outsourcing Report by Material, Application, and Geography Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report