• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Implantable Bioreactor for Kidney Cells

      Implantable Bioreactor for Kidney Cells

      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Cells Release Insulin in Response to Music

      Cells Release Insulin in Response to Music

      Microneedle Skin Patch Measures Cancer Biomarkers

      Microneedle Skin Patch Measures Cancer Biomarkers

    • Radiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Wearable Ultrasound for Deep Tissue Monitoring

      Wearable Ultrasound for Deep Tissue Monitoring

    • Cardiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Photonic Radar Monitors Breathing from a Distance

      Photonic Radar Monitors Breathing from a Distance

    • Surgery
      Implantable Bioreactor for Kidney Cells

      Implantable Bioreactor for Kidney Cells

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Magnetic Tentacle Robots for Minimally Invasive Procedures

      Magnetic Tentacle Robots for Minimally Invasive Procedures

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Brain Computer Interface Decodes Speech and Facial Expressions

      Brain Computer Interface Decodes Speech and Facial Expressions

      Semi-Automated Manufacture of E-Skin Sensors

      Semi-Automated Manufacture of E-Skin Sensors

      Above Elbow Amputee Controls Individual Bionic Fingers

      Above Elbow Amputee Controls Individual Bionic Fingers

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Healthcare Revenue Cycle Management (RCM) Market Size is set to Witness a CAGR of 12.2% By 2027 | Global Industry Share, Technology Trends, Top Company Leaders

May 20th, 2019 Market Research Future Releases

Healthcare revenue cycle management (RCM) a software managing claims process, payment and revenue generation is increasingly enabling healthcare providers to optimize (increase) their revenue through proper claim management. In a nutshell, healthcare revenue cycle management is a bilateral process between patients, healthcare providers, billing company and insurance providers.

Healthcare Sector has witnessed many technological advancements over the last few years. Increasing population has fuelled the demand for the highest quality, coordinated care. With the growing administrative & operational expenses of the healthcare organizations, management needed cost-effective alternatives in order to keep the show running. Revenue cycle management offers viable solutions by replacing the traditional paper-based systems to optimize cost. This is resultantly driving the market growth globally. RCM solution further allows increased revenue generation, access to healthcare IT systems increasing accuracy & efficiency. This is the key factor that escalates the RCM market furthering it pervasively.

Acknowledging the exponential growth, the RCM market witnesses currently, Market Research Future (MRFR) in its recently published study report asserts that the global Healthcare Revenue Cycle Management market is forecasted to reach US$ 43,500 MN by 2027 at approximately 12% CAGR from 2017-2027.  The emergence of automated revenue cycle management is considered as one of the prominent factors driving the market growth to an extent.

Request Free Sample @ https://www.marketresearchfuture.com/sample_request/878

Additional predominant factors driving the market growth include; rapidly developing healthcare infrastructures coupled with the augmented uptake of RCM software in healthcare facilities worldwide. Moreover, technological advancement and improving economic conditions are fostering the market growth of RCM.

Growing digitization along with the augmenting demand for data integration, data quality, management, and data governance would contribute immensely in escalating the market credentials. Strong clinical network connectivity with medical practitioners is the latest trend observed in the market. This trend is projected to get on throughout the review period fostering the market growth.

Global Healthcare Revenue Cycle Management Market   – Segments

MRFR has segmented its analysis into five key dynamics for the convenience of understanding;

By Deployments: Comprises – on Cloud, On-Premises and Web Based.

By Components: Software and Service, others.

By Product Types: Standalone and Integrated among others

By End-Users: Hospitals, and Ambulatory Services among others.

By Regions: Europe, North America, APAC and Rest-of-the-World.

Global Healthcare RCM Market   – Geographical Analysis

North America market dominates the global RCM market with a significant market share. Factors that drive regional growth include; favorable government policies, the fastest adaptation of RCM and enhanced incentives.  Countries such as Canada and the US have successfully implemented healthcare IT in their healthcare system, which resultantly would boost the growth of the regional market over the forecast period.

Moreover, the presence of well-developed healthcare infrastructures & IT coupled with favorable government initiatives in executing RCM, and regulatory framework along with the technological advancements would further propel the market growth in the region.

The RCM market in the European region is the second largest market, globally. A well-developed healthcare sector predominantly drives the market growth.   Certainly, resurging economy in the region is playing a vital role in the growth of the RCM market.

Furthermore, increased digitization along with the increasing focus on data integration, data quality, management, and data governance provide impetus to the would drive the growth of the RCM market in the European region.

The Asia Pacific region is rapidly emerging as a promising market for revenue cycle management.  Rapid technological advancements drive the market growth in the region, increasing the adoption of RCM in healthcare facilities.

APAC countries such as China, Japan, and India backed by the wide adoption of these management products and services account for the major contributors of the market growth. 

Global Healthcare RCM Market   – Competitive Landscape

The intensely competitive RCM market appears fragmented due to the presence of several large & small key players forming a competitive landscape.  These market players through strategic partnership, acquisition, expansion, collaboration, product & technology launch try to gain competitive advantage. Substantial investments are being made in the R&D to develop a technology that is unrivalled and is on a different level entirely compared to their competition.

Key Players:

Leaders in the global healthcare RCM market include McKesson Corporation (US), Cerner Corporation (US), Epic Systems Corporation (US), Allscripts (US), Quest Diagnostic (US), General Electric Company (US), AdvantEdge Healthcare Solutions (US), CareCloud (US), Siemens Healthcare (Germany), 3M (US), and Acelerartech (US).

Industry/Innovation/Related News:

February 26, 2018 – R1 RCM Inc.  (US) a leading global provider of RCM services and Ascension, a faith-based healthcare organization jointly announced the extension of their partnership for the next ten long years. As per this agreement, R1 will be the primary RCM partner for AMG sites in 22 states & the Columbia District. While on the revenue grounds, the agreement is expected to generate 2.5 billion USD against the net patient revenue under R1 management, including the 500 Mn. USD from the current Wisconsin Ascension pilot.

Get an Exclusive Discount on Report @ https://www.marketresearchfuture.com/check-discount/878

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Sign up and submit a press release

Sponsored

Viral Vector Manufacturing in Gene Therapy and Vaccine Development

Health and Clean Air: Why Indoor Ventilation Matters

Health and Clean Air: Why Indoor Ventilation Matters

New Survey Finds Strong Consumer Preference for More Natural Hernia Repair Options

MedTech Outlook 2023 for Latin America Released

MedTech Outlook 2023 for Latin America Released

Packaging Compliance Labs (PCL) Celebrates Site Expansion in Grand Rapids, MI

interviews & reviews
UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email