Global Revenue Cycle Management Market is expected to reach USD XX Billion by 2026 from USD 57.05 Billion in 2019 at CAGR of XX %. (Detailed analysis of the market CAGR is provided in the report). The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Revenue Cycle Management Market is segmented by product, deployment, function, end user, and geography. Product segment is bifurcated as integrated solutions and standalone solutions. Various functions covered under the scope of this report are claim & denial management, medical billing & coding, patient insurance eligibility check, and others. Deployment segment is divided as web-based, cloud-based and on-premises. End-user segment is sub-segmented as hospitals, physicians, laboratories and other end users. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Rapid process improvements in healthcare organizations are trending the overall Global Revenue Cycle, Management Market. However, high pricing and costly maintenance of RCM solutions will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Increasing patient population, rising demand for centralized and cost-effective financial management solutions in China, Japan, and India will fuel the Global Revenue Cycle Management Market in APAC region.
Key Highlights: • Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast period • Complete quantitative analysis of the industry from 2018 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Global Revenue Cycle Management Market analysis and comprehensive segmentation with respect to the product, deployment, function, end user, and geography to assist in strategic business planning • Global Revenue Cycle Management Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions Research Methodology: Research methodology used in this report contains various secondary sources including directories such as Healthcare Information and Management Systems Society (HIMSS), Organization for Economic Co-operation and Development (OECD), World Health Organization (WHO), Centers for Medicare and Medicaid Services (CMS), Centers for Disease Control and Prevention (CDC). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Revenue Cycle Management Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Revenue Cycle Management Market globally. Key Players in the Global Revenue Cycle Management Market Are: • Nthrive • The SSI Group • Constellation Software • R1 RCM • Experian • Gebbs Healthcare Solutions • EPIC Systems • Conifer Health Solutions • Eclinicalworks • GE Healthcare • Athenahealth • Allscripts Healthcare Solutions • Quest Diagnostics • Mckesson • Cerner Key Target Audience:
• Research And Consulting Firms As Well As Venture Capitalists, Private Equity Firms, And Startup Companies • Healthcare Providers And Payers • Healthcare IT Vendors • Healthcare IT Service Providers • Healthcare Equipment Manufacturers • Healthcare Consultants • Government Bodies And Healthcare Associations/Institutions Scope of the Report: Research report categorizes the Global Revenue Cycle Management Market based on product, deployment, function, end user, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Revenue Cycle Management Market with key developments in companies and market trends. Global Revenue Cycle Management Market, By Product: • Integrated Solutions • Standalone Solutions Global Revenue Cycle Management Market, By Deployment: • Web-Based • Cloud-Based • On-Premises Global Revenue Cycle Management Market, By Function: • Claim and denial management • Medical billing and coding • Patient insurance eligibility check • Payment remittance • Electronic health record (EHR) • Clinical documentation improvement (CDI) Global Revenue Cycle Management Market, By End User: • Hospitals • Physicians • Laboratories • Other end users Global Revenue Cycle Management Market, By Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America
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