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Global Revenue Cycle Management Market Size, Trends & Growth Opportunity By Type ( Integrated, Standalone), By Deployment (On-Premise, Cloud Based )By Deployment (On-Premise, Cloud Based), By End User (Hospitals, Physicians, Diagnostic Centers, and Ambulatory Care Centers), By Region and Forecast till 2027.


Report ID : IR100586 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 145

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  • Global Revenue Cycle Management Market Size, Trends & Growth Opportunity By Type ( Integrated, Standalone), By Deployment (On-Premise, Cloud Based )By Deployment (On-Premise, Cloud Based), By End User (Hospitals, Physicians, Diagnostic Centers, and Ambulatory Care Centers), By Region and Forecast till 2027.
    Market Overview
    Global Revenue Cycle Management Market was valued at USD 52.14 billion in 2021 which is expected to reach USD 87.25 billion by 2027 at a CAGR 9.01 %from 2022 -2027.
    Revenue cycle management is an improved financial procedure used by healthcare professionals to handle patient information, revenue creation, reimbursements, and claims management. This system provides real-time access to claim management and enables healthcare providers to handle their job properly, from registration and appointment scheduling through final balance payment.
    Market Drivers
    Increased government initiatives and investments, as well as revenue loss due to billing errors, are likely to drive the worldwide revenue cycle management market growth. Furthermore, technical advances and innovations will benefit market growth. For example, eClinicalworks announced a new Acute Care HER and revenue cycle management cloud-based platform for ambulatory care centers in February 2018. Furthermore, in June 2019, Homecare Home base introduced a new revenue cycle management solution. Furthermore, process improvements in the healthcare industry will propel the global revenue cycle management market forward.
    Market Restraints
    However, high costs and a scarcity of trained personnel are projected to limit the global revenue cycle management market's expansion. Furthermore, data privacy and security issues will have an impact on market growth.
    Market Segmentation
    Global Revenue Cycle Management Market is segmented into type such as Integrated, and Standalone, by deployment type such as On-Premise, and Cloud Based. Further, market is segmented into component such as Software, and Services, and by end user such as Hospitals, Physicians, Diagnostic Centers, and Ambulatory Care Centers.
    Also, Global Revenue Cycle Management Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Revenue Cycle Management market. The expanding presence of physician's offices in the United States is responsible for the market's substantial revenue share. Regulatory reforms, such as ICD-10 modifications in 2015, have resulted in a digital transformation in healthcare systems, with a considerable increase in demand for healthcare IT solutions such as revenue cycle management systems to improve efficiency and care delivery.
    Market Key Players
    Various key players are discussed in this report such as Epic Systems, Conifer Health Solutions,  Eclinicalworks, Ge Healthcare, Athenahealth, Allscripts Healthcare Solutions, Quest Diagnostics, Mckesson, and  Cerner.
    Market Taxonomy 
    By Type
    • Integrated
    • Standalone
    By Deployment
    • On-Premise
    • Cloud Based
    By Component
    • Software
    • Services
    By End User
    • Hospitals
    • Physicians
    • Diagnostic Centers
    • Ambulatory Care Centers
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

    Global Revenue Cycle Management Market TOC: 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Revenue Cycle Management Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Revenue Cycle Management Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Revenue Cycle Management Market Share Analysis, By Type 
    5.3 Global Revenue Cycle Management Market Size and Forecast, By Type
    5.3.1 Integrated
    5.3.2 Standalone
    6 Global Revenue Cycle Management Market, By Deployment
    6.1 Y-o-Y Growth Comparison, By Deployment
    6.2 Global Revenue Cycle Management Market Share Analysis, By Deployment
    6.3 Global Revenue Cycle Management Market Size and Forecast, By Deployment
    6.3.1 On-Premise
    6.3.2 Cloud Based
    7 Global Revenue Cycle Management Market, By Component
    7.1 Y-o-Y Growth Comparison, By Component
    7.2 Global Revenue Cycle Management Market Share Analysis, By Component
    7.3 Global Revenue Cycle Management Market Size and Forecast, By Component
    7.3.1 Software
    7.3.2 Services

    8 Global Revenue Cycle Management Market, By End User
    8.1 Y-o-Y Growth Comparison, By End User
    8.2 Global Revenue Cycle Management Market Share Analysis, By End User
    8.3 Global Revenue Cycle Management Market Size and Forecast, By End User
    8.3.1 Hospitals
    8.3.2 Physicians
    8.3.3Diagnostic Centres
    8.3.4 Ambulatory Care Centres
    9Global Revenue Cycle Management Market, By Region
    9.1 Global Revenue Cycle Management Market Share Analysis, By Region
    9.2 Global Revenue Cycle Management Market Share Analysis, By Region
    9.3 Global Revenue Cycle Management Market Size and Forecast, By Region
    10 North America Revenue Cycle Management Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 North America Revenue Cycle Management Market Share Analysis, By Type
    10.3 North America Revenue Cycle Management Market Size and Forecast, By Deployment
    10.4 North America Revenue Cycle Management Market Size and Forecast, By Component
    10.5 North America Revenue Cycle Management Market Size and Forecast, By End User
    10.6 North America Revenue Cycle Management Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11Europe Revenue Cycle Management Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Europe Revenue Cycle Management Market Share Analysis, By Type 
    11.3 Europe Revenue Cycle Management Market Size and Forecast, By Deployment 
    11.4 Europe Revenue Cycle Management Market Size and Forecast, By Component
    11.5 Europe Revenue Cycle Management Market Size and Forecast, By End User
    11.6 Europe Revenue Cycle Management Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.64. Rest of Europe
    12Asia Pacific Revenue Cycle Management Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Asia Pacific Revenue Cycle Management Market Share Analysis, By Type 
    12.3 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Deployment  
    12.4 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Component
    12.5 Asia Pacific Revenue Cycle Management Market Size and Forecast, By End User
    12.6 Asia Pacific Revenue Cycle Management Market Size and Forecast, By Country
    12.6.1 China
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13Latin America Revenue Cycle Management Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
    13.2 Latin America Revenue Cycle Management Market Share Analysis, By Type 
    13.3 Latin America Revenue Cycle Management Market Size and Forecast, By Deployment 
    13.4 Latin America Revenue Cycle Management Market Size and Forecast, By Component
    13.5 Latin America Revenue Cycle Management Market Size and Forecast, By End User
    13.6 Latin America Revenue Cycle Management Market Size and Forecast, By Country
    14Middle East Revenue Cycle Management Market Analysis and Forecast (2022 – 2027)
    14.1 Introduction
    14.2 Middle East Revenue Cycle Management Market Share Analysis, By Type 
    14.3 Middle East Revenue Cycle Management Market Size and Forecast, By Deployment 
    14.4 Middle East Revenue Cycle Management Market Size and Forecast, By Component
    14.5 Middle East Revenue Cycle Management Market Size and Forecast, By End User
    14.6 Middle East Revenue Cycle Management Market Size and Forecast, By Country
    15Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16Company Profiles
    16.1  Epic Systems
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 Conifer Health Solutions
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3  Eclinicalworks
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 , Ge Healthcare
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 Athenahealth
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Allscripts Healthcare Solutions
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7 Quest Diagnostics
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies 
    16.8 Mckesson
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies 
    16.9 Cerner
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies