Quick Summary:
The rich and expansive world of the Healthcare Revenue Cycle Management (RCM) Software market is engaging in a period of phenomenal growth. Our comprehensive report provides a holistic analysis of this rapid expansion, providing key insights into market size, trends, growth drivers, challenges and a detailed vendor analysis, encompassing approximately 25 leading vendors.
The market is currently fueled by a burgeoning need to reduce revenue leakage in the healthcare system. Other significant growth drivers include a spike in the adoption of Electronic Health Records (EHR) and an increase in healthcare-related spending. The report analyses these influential trends and profiles the market landscape across various geographical zones and end-user segments such as Hospitals, Physicians, and Medical Labs.
Strategic partnerships and acquisitions are emerging as preeminent catalysts in propelling the Healthcare Revenue Cycle Management (RCM) Software market growth over the coming years. Furthermore, trends like value-based RCM and growing awareness about cybersecurity will stimulate substantial market demand. Grasp this opportunity to formulate competitive strategies and capitalise on the expansive growth these market trends portend.
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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for reducing revenue leakage in the healthcare system, rise in adoption of electronic health records (EHR), and increase in healthcare-related spending.
The healthcare revenue cycle management (RCM) software market is segmented as below:
By Deployment
- Cloud-based
- On-premises
By End-user
- Hospitals
- Physicians
- Medical labs
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the healthcare revenue cycle management (RCM) software market covers the following areas:
- Healthcare revenue cycle management (RCM) software market sizing
- Healthcare revenue cycle management (RCM) software market forecast
- Healthcare revenue cycle management (RCM) software market analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the global healthcare revenue cycle management (RCM) software market: 3M Co., ALLSCRIPTS HEALTHCARE SOLUTIONS INC., athenahealth Inc., Change Healthcare Inc., Chetu Inc., Cognizant Technology Solutions Corp., CompuGroup Medical SE and Co. KGaA, Computer Programs and Systems Inc., Epic Systems Corp., Experian Plc, International Business Machines Corp., OSP, Providence Health and Services, Quest Diagnostics Inc., QWay Healthcare Inc., R1 RCM Inc., The SSI Group LLC, Waystar Inc., WellSky Corp., and ZH Healthcare Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is strategic partnerships and acquisitions.'
According to the report, one of the major drivers for this market is the growing need for reducing revenue leakage in the healthcare system.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Co.
- ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
- athenahealth Inc.
- Change Healthcare Inc.
- Chetu Inc.
- Cognizant Technology Solutions Corp.
- CompuGroup Medical SE and Co. KGaA
- Computer Programs and Systems Inc.
- Epic Systems Corp.
- Experian Plc
- International Business Machines Corp.
- OSP
- Providence Health and Services
- Quest Diagnostics Inc.
- QWay Healthcare Inc.
- R1 RCM Inc.
- The SSI Group LLC
- Waystar Inc.
- WellSky Corp.
- ZH Healthcare Inc.
