Global Revenue Cycle Management Market

 

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.

 

Market Drivers

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.

 

Market Restraints

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.

 

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.

 

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 Base
  • 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

 

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Revenue Cycle Management Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

 

Global Revenue Cycle Management Market 

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 (2017 – 2030)

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 Europe Revenue Cycle Management Market Analysis and Forecast (2017 – 2030)

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 Asia Pacific Revenue Cycle Management Market Analysis and Forecast (2017 – 2030)

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 Latin America Revenue Cycle Management Market Analysis and Forecast (2017 – 2030)

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 Middle East Revenue Cycle Management Market Analysis and Forecast (2017 – 2030)

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