Global Revenue Cycle Management Market was valued at USD 50.14 billion in 2019 which is expected to reach USD 85.25 billion by 2030 at a CAGR 12.5%.
Revenue cycle management is an improvised financial process which is used by healthcare professionals to track patient’s records, revenue generation, reimbursements, and mange claims process. This system provides real time access to claim management and allow healthcare professionals to manage their work in proper manner from registration and scheduling appointments to final balance payment.
Increase in government initiatives and investments as well as loss of revenue due to billing errors are the key driving factors which are expected to boost the global revenue cycle management market growth. Furthermore, technological advancements and innovations will have the positive impact on market growth. For instance, in February 2018, eClinicalworks had launched new Acute Care HER and revenue cycle management cloud based platform for ambulatory care centers. Moreover, in June 2019, Homecare Homebase had launched new its new revenue cycle management tool. Also, process improvements in healthcare sectors will fuel the global revenue cycle management market growth.
However, high cost and lack of skilled professionals are the restraining factors which are expected to hamper the global revenue cycle management market growth. Also, data privacy and security concerns will affect the market growth.
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.
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.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
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
5.1 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
6.1 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
7.1 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
8.1 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
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
10.1 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
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
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
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
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
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
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