Global Revenue Cycle Management (RCM) Market – Industry Trends and Forecast to 2024
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Global Revenue Cycle Management (RCM) Market By Product Type (Integrated RCM, Standalone RCM), By Stage (Front Office, Mid Office, Back Office), By End User (Hospitals, General Physicians, Labs, Others), By Deployment (Web-based, On-premise, Cloud-based), By Component (Software, Services), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) –Industry Trends and Forecast to 2024
The global revenue cycle management market has accounted to USD 51.6 billion in 2016, growing at a CAGR of 12.7% from 2017 to 2024, is expected to reach USD 133.6 billion by 2024
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Revenue cycle management (RCM) Market is used by healthcare providers to scale and manage the process of healthcare billing and reimbursements. This is achieved by improving the process of claims management, speeding explanation of benefits (EOB) reconciliation, improving the quality of information, streamlining denial management, and by automating processes. The RCM solution manages the patient’s bills from entering the hospital to reimbursement of claims.
the revenue cycle management market is segmented on the basis of product type, deployment, component, stage, end-user, and geography.
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Based on type the market is further segmented into integrated RCM and standalone RCM.
On the basis of product type RCM solutions are segmented into standalone and integrated RCM.
Based on end-users the market is segmented into hospitals, laboratories, and physicians and others.
Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
The North American revenue cycle management market is steadily progressing owing to factors, such as decreasing reimbursement in healthcare industry, reduction of overall healthcare costs, initiatives undertaken by governments for implementing RCM solutions, and increasing expenditure by healthcare industry especially made on information technology.
Some of the major players operating in this market are
• McKesson Corporation
• Cerner Corporation
• Quest Diagnostics
• Athena Health, Inc.
• Allscripts.
• EClinicalWorks
• CareCloud Corporation
• The SSI Groups, Inc.
• GE Healthcare
• Epic Systems
• Siemens Healthcare
• Kareo, Inc.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
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Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
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The global revenue cycle management market has accounted to USD 51.6 billion in 2016, growing at a CAGR of 12.7% from 2017 to 2024, is expected to reach USD 133.6 billion by 2024
Request for Sample Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-revenue-cycle-management-rcm-market
Revenue cycle management (RCM) Market is used by healthcare providers to scale and manage the process of healthcare billing and reimbursements. This is achieved by improving the process of claims management, speeding explanation of benefits (EOB) reconciliation, improving the quality of information, streamlining denial management, and by automating processes. The RCM solution manages the patient’s bills from entering the hospital to reimbursement of claims.
the revenue cycle management market is segmented on the basis of product type, deployment, component, stage, end-user, and geography.
Browse Full Report with Details TOC @ http://databridgemarketresearch.com/reports/global-revenue-cycle-management-rcm-market/
Based on type the market is further segmented into integrated RCM and standalone RCM.
On the basis of product type RCM solutions are segmented into standalone and integrated RCM.
Based on end-users the market is segmented into hospitals, laboratories, and physicians and others.
Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
The North American revenue cycle management market is steadily progressing owing to factors, such as decreasing reimbursement in healthcare industry, reduction of overall healthcare costs, initiatives undertaken by governments for implementing RCM solutions, and increasing expenditure by healthcare industry especially made on information technology.
Some of the major players operating in this market are
• McKesson Corporation
• Cerner Corporation
• Quest Diagnostics
• Athena Health, Inc.
• Allscripts.
• EClinicalWorks
• CareCloud Corporation
• The SSI Groups, Inc.
• GE Healthcare
• Epic Systems
• Siemens Healthcare
• Kareo, Inc.
Inquiry before Buying @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-revenue-cycle-management-rcm-market
Related Report
Global Hemostats Market- Trends and Forecast to 2024
Global Hemostats Market, By Product Type (Thrombin Based, Combination, Oxidized Regenerated Cellulose Based, Gelatin Based, Collagen Based Hemostat), By Indication (Wound Closure, Surgery), By End-User (Hospitals, Clinics, Ambulatory Centers, Community Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Trends and Forecast to 2024
http://databridgemarketresearch.com/reports/medical-devices/general-surgery-medical-devices/global-hemostats-market-trends-forecast-2024/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Ankit Singh
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog http://databridgemarketresearch.com/blog/