Revenue cycle management market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 85.52 billion by 2027 and will grow at a CAGR of 13.00% in the above-mentioned forecast period.
The growth of the revenue cycle management market is majorly driven by supportive growth through regulatory compliance over the forecast period of 2020 to 2027. Also some of the prominent features of revenue cycle management system consist of faster claims process, punctual denial management, and 99% claims processing resolution rate which is encouraging the overall revenue cycle management market growth.
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This revenue cycle management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on revenue cycle management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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The major players covered in the revenue cycle management market report are Allscripts Healthcare, LLC, The athenahealth, Inc., CareCloud Corporation, Cerner Corporation, Conifer Health Solutions, LLC, eClinicalWorks, Epic Systems Corporation, Experian Information Solutions, Inc., General Electric Company, R1 RCM, Inc., GeBBS Healthcare Solutions, McKesson Corporation, NXGN Management, LLC., nThrive, Inc., Quest Diagnostics Incorporated and The SSI Group, LLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Revenue Cycle Management Market Scope and Market Size
Revenue cycle management market is segmented on the basis of product type, function, deployment, component and end users. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product type, the revenue cycle management market is segmented into integrated RCM and standalone RCM.
The function segment of the revenue cycle management market is segmented into Claim and denial, medical coding and billing, patient insurance eligibility verification, payment remittance, electronic health record (Ehr), clinical documentation improvement (Cdi) and other.
Based on deployment, the revenue cycle management market is divided into web-based, on-premise and cloud-based.
On the basis of component, the revenue cycle management market is segmented into software and services.
The end user segment of the revenue cycle management market is segmented into hospitals, general physicians, labs and others.
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