New York, October 27, 2020: The scope of the report includes a detailed study of global and regional markets for Global Revenue Cycle Management Market with the reasons given for variations in the growth of the industry in certain regions.
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The Global Revenue Cycle Management Market is expected to exceed more than US$ 55.50 Billion by 2024 at a CAGR of 12.1% in the given forecast period.
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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Cerner Corporation (U.S.), McKesson Corporation (U.S.), Allscripts (U.S.), eClinicalWorks, Inc. (U.S.), Quest Diagnostics (U.S.), The SSI Groups, Inc. (U.S.), Kareo Inc. (U.S.) and GE Healthcare (U.K.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Global Revenue Cycle Management Market is segmented on the lines of its product, type, delivery mode, end user and regional. Based on product segmentation it covers software and service. Under type segmentation it covers integrated and standalone type. Based on delivery mode segmentation it covers on premise, web based and cloud based. Under end user segmentation it covers physician office, diagnostic laboratories, hospitals and others. The Global Revenue Cycle Management Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
Revenue cycle management is a system, which manages payment and sales generation, and also involves submitting, processing, and follow-up of claims. RCM encompasses the complete process revenue cycle management device for healthcare carriers enables healthcare groups to boost up their sales cycles. This is carried out by lowering the quantity of denied coverage claims, improving the quality of information, speeding explanation of benefits reconciliation, reform denial management, and by automatic systems. The RCM results starts when a patient enters the clinic, beginning with the automation procedure that ends in rapid follow ups, which subsequently enables patient and payer comply follow-up.
This report provides:
1) An overview of the global market for Revenue Cycle Management and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Global Revenue Cycle Management Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of Global Revenue Cycle Management Market are as follows:
- Improved investments made by personal players
- Speeding Explanation Of Benefits (EOB) resolution
- Improved superiority of information
- Automation of processes
- Growth in demand for cloud-based RCM solutions
- Streamlined refutation management
The restraining factors of Global Revenue Cycle Management Market are as follows:
- Developing economies are having loop holes in infrastructure
- High rate of deployment
- Security of data
- Incorporation of RCM Solutions Within Healthcare Organizations
- Lack of IT professionals
The Global Revenue Cycle Management Market has been segmented as below:
The Global Revenue Cycle Management Market is segmented on the lines of Product Analysis, Type Analysis, Delivery mode Analysis, End User Analysis and Regional Analysis. By Product Analysis this market segmented on the basis of Software and Services. By Type Analysis this market segmented on the basis of Integrated and Standalone.
By Delivery mode Analysis this market segmented on the basis of On-Premise, Web-based and Cloud-based. By End User Analysis this market segmented on the basis of Physician office sector, Diagnostic Laboratories sector, Hospitals sector and Others sector. By Regional Analysis this market segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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Table of Contents
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.2.1 Key Data From Secondary Sources
2.2.2 Key Data From Primary Sources
188.8.131.52 Key Industry Insights
2.2.3 Assumptions for the Study
2.3 Macroeconomic Factor Analysis
2.3.2 Demand-Side Analysis
184.108.40.206 Regulatory Scenario
2.3.3 Supply-Side Analysis
220.127.116.11 Number of Collaborations and New Product Launch
3 Executive Summary
4 Premium in sights
5 Market Overview
6 Revenue Cycle Management Market, By Product Type
7 Revenue Cycle Management Market, By Component
8 Revenue Cycle Management Market, By Deployment
9 Revenue Cycle Management Market, By End User
10 Global Revenue Cycle Management Market, By Region
11 Competitive Landscape
12 Company Profiles
12.2 Athenahealth, Inc.
12.3 Cerner Corporation
12.4 Eclinicalworks, LLC
12.5 Mckesson Corporation
12.6 Quest Diagnostics Incorporated
12.7 Allscripts Healthcare Solutions, Inc.
12.8 Conifer Health Solutions, LLC.
12.9 Epic Systems Corporation
12.10 Gebbs Healthcare Solutions
12.11 GE Healthcare
12.12 Experian PLC
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