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Revenue Cycle Management/RCM Market by Product & Services (Eligibility Verification, Clinical Coding, CDI, Claims Processing, Denial Management, Outsourcing Services, Cloud), End User(Payers, Hospitals, Outpatient), Covid-19 Impact - Global Forecast to 2026

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    Report

  • 275 Pages
  • September 2021
  • Region: Global
  • Markets and Markets
  • ID: 5448016
Description Jump to:

The global revenue cycle management market is projected to reach USD 67.8 billion by 2026 from USD 40.9 billion in 2021, at a CAGR of 10.6% during the forecast period. The growth of this market is majorly attributed to the growing regulatory requirements & government initiatives to boost the adoption of RCM solutions, increasing patient volumes, and the growing need to manage unstructured healthcare data. However, the deployment of RCM software and the associated infrastructure requires significant investments, owing to which the adoption of RCM is low among small healthcare organizations. This, along with a dearth of skilled personnel, is expected to challenge market growth in the coming years.




The outsourcing services segment will grow at the highest rate during the forecast period.

Based on product & services, the revenue cycle management market has been segmented into solutions and outsourcing services. The outsourcing services segment is expected to grow at the highest growth rate during the forecast period. The large share and high growth of this segment can be attributed to the lack of IT infrastructure and the shortage of skilled HCIT personnel.


By delivery mode, the on-premise segment accounted for the largest share of the revenue cycle management market in 2020.

On the basis of delivery mode, the global revenue cycle management market is segmented into on-premise and cloud-based. On-premise accounted for the largest share in the revenue cycle management market. The large share of this segment is attributed to the increasing demand for mobile support systems for better customer (patient) engagement platforms.


By end-user, the healthcare providers segment will grow at the highest rate during the forecast period.

Based on end-user, the global revenue cycle management market is segmented into healthcare providers and healthcare payers. The healthcare providers segment accounted for the largest share in the Revenue cycle management market. The large share of this segment can be attributed to the growing need to automate the process from patient registration to billing and claims processing and provide better transparency that improves the overall financial health of the provider organization.


The market in Middle East & Africa is projected to witness the highest growth rate during the forecast period (2020-2026).

North America accounted for the largest share of the IoT medical devices market in 2020. The large share of North America can be attributed to factors such as stringent regulations, increasing volume of claims denials, the presence of a high number of private healthcare payers and well-established government payers, and a large number of healthcare IT companies are some of the factors driving the growth of the revenue cycle management market in this region. The Middle East & Africa market is projected to grow at the highest CAGR during the forecast period. The high growth in this regional market can be attributed to the due to government initiatives to promote eHealth, rising medical tourism, growing awareness, and the growing demand for quality healthcare.


A breakdown of the primary participants referred to for this report is provided below:

  • By Company Type (Supply-side): Tier 1: 40%, Tier 2: 35%, and Tier 3: 25%
  • By Designation: C-level: 25%, Director-level: 55%, and Others: 20%
  • By Region: North America: 40%, Asia-Pacific: 25%, Europe: 20%, Latin America: 10%, and Middle East & Africa: 5%

R1 RCM (US), Cerner Corporation (US), Optum (US) are the leading players in the market. Other players include McKesson Corporation (US), Change Healthcare (US), 3M (US), Experian plc (Ireland), Conifer Health Solutions (US), Allscripts Healthcare Solutions (US), GE Healthcare (US), Cognizant (US), athenahealth (US), SSI Group LLC (US), AdvantEdge Healthcare (US), and Huron Consulting Group (US)


Research Coverage:

The report analyzes the revenue cycle management market and aims at estimating the market size and future growth potential of this market based on various segments such as product & services, delivery mode, end-user, and region. The report also includes a competitive analysis of the key players in this market along with their company profiles, products offered, recent developments, and key market strategies.


Reasons to Buy the Report

The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one, or a combination of the below-mentioned five strategies.


This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the revenue cycle management market. The report analyzes the market based on the product & services, delivery mode, end user, and region.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the revenue cycle management market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various types of revenue cycle management solutions across regions.
  • Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the revenue cycle management market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the revenue cycle management market.
Frequently Asked Questions about the Revenue Cycle Management/RCM Market

What is the estimated value of the Revenue Cycle Management/RCM Market?

The Revenue Cycle Management/RCM Market was estimated to be valued at $40.9 Billion in 2021.

What is the growth rate of the Revenue Cycle Management/RCM Market?

The growth rate of the Revenue Cycle Management/RCM Market is 10.6%, with an estimated value of $67.8 Billion by 2026.

What is the forecasted size of the Revenue Cycle Management/RCM Market?

The Revenue Cycle Management/RCM Market is estimated to be worth $67.8 Billion by 2026.

Who are the key companies in the Revenue Cycle Management/RCM Market?

Key companies in the Revenue Cycle Management/RCM Market include 3M, Advantedge Healthcare Solutions, Allscripts Healthcare, LLC, Athenahealth, Carecloud, Cerner Corporation, Change Healthcare, Cognizant and Constellation Software Inc..
Report AttributeDetails
No. of Pages275
PublishedSeptember 2021
Forecast Period2021 - 2026
Estimated Market Value ( USD ) in 2021 $ 40.9 Billion
Forecasted Market Value ( USD ) by 2026 $ 67.8 Billion
Compound Annual Growth Rate10.6%
Regions CoveredGlobal
No. of Companies Mentioned25

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Inclusions and Exclusions
1.3.2 Markets Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
Figure 2 Primary Sources
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Insights from Primary Experts
Figure 3 Breakdown of Primary Interviews: Supply-Side and Demand-Side Participants
Figure 4 Breakdown of Primary Interviews (Supply Side): by Company Type, Designation, and Region
2.2 Market Size Estimation: Revenue Cycle Management Market
Figure 5 Market Size Estimation
Figure 6 CAGR Projections from the Analysis of Drivers, Restraints, Opportunities, and Challenges
Figure 7 CAGR Projections: Overall Revenue Cycle Management Market
2.2.1 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 8 Data Triangulation Methodology
2.4 Market Ranking Analysis
2.5 Assumptions for the Study
2.6 Risk Assessment
Table 1 Risk Assessment: Revenue Cycle Management Market
2.7 Limitations
2.7.1 Methodology-Related Limitations
2.7.2 Scope-Related Limitations
2.8 COVID-19 Health Assessment
2.9 COVID-19 Economic Assessment
2.10 Assessment of the Impact of COVID-19 on the Economic Scenario
Figure 9 Criteria Impacting the Global Economy
2.11 COVID-19 Impact on the Revenue Cycle Management Market
3 Executive Summary
Figure 10 Revenue Cycle Management Market, by Product & Service, 2021 Vs. 2026 (USD Million)
Figure 11 Revenue Cycle Management Market, by Delivery Mode, 2021 Vs. 2026 (USD Million)
Figure 12 Revenue Cycle Management Market, by End-user, 2021 Vs. 2026 (USD Million)
Figure 13 Geographic Snapshot of the Revenue Cycle Management Market
4 Premium Insights
4.1 Revenue Cycle Management Market Overview
Figure 14 Growing Regulatory Requirements and Government Initiatives Are Driving the Growth of this Market
4.2 Revenue Cycle Management Market: Geographic Growth Opportunities
Figure 15 India is Expected to Register the Highest Growth Rate During the Forecast Period
4.3 Regional Mix: Revenue Cycle Management Market (2019-2026)
Figure 16 MEA to Register the Highest Growth Rate During the Forecast Period (2021-2026)
4.4 Revenue Cycle Management Market: Developed Vs. Developing Markets, 2021 Vs. 2026 (USD Million)
Figure 17 Developing Markets to Register Higher Growth During the Study Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Table 2 Impact Analysis: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growing Regulatory Requirements & Government Initiatives to Boost the Adoption of RCM Solutions
5.2.1.2 Increasing Patient Volume and Subsequent Growth in Health Insurance
Figure 18 Healthcare Spending, by Country, 2019 (% of GDP)
5.2.1.3 Loss of Revenue Due to Billing Errors and Declining Reimbursements
5.2.1.4 Growing Need to Manage Unstructured Healthcare Data
5.2.1.5 Rising Demand for Robust Process Improvements in Healthcare
5.2.2 Restraints
5.2.2.1 High Deployment Costs
5.2.2.2 It Infrastructural Constraints in Underdeveloped and Developing Countries
5.2.3 Opportunities
5.2.3.1 Increasing Outsourcing Services in Developing Countries
5.2.3.2 Growing Demand for Ai & Cloud-Based Deployment
5.2.4 Challenges
5.2.4.1 Issues Related to Data Security and Confidentiality
5.2.4.2 Reluctance to Switch from Conventional Methods
5.3 Patent Analysis
5.3.1 Patent Publication Trends
Figure 19 Patent Publication Trends: 2011 to 2021
5.3.2 Jurisdiction Analysis: Top Applicants (Countries) for Revenue Cycle Management Patents
Table 3 Jurisdiction Analysis: Top Applicant Countries for Revenue Cycle Management Patents
5.4 Value Chain Analysis
Figure 20 Revenue Cycle Management Market: Value Chain Analysis
5.5 Supply Chain Analysis
Figure 21 Revenue Cycle Management Market: Ecosystem Mapping (2020)
Figure 22 Revenue Cycle Management Market: Supply Chain (2020)
6 Industry Trends
6.1 Introduction
6.2 Industry Trends
6.2.1 Increasing Number of Partnerships and Collaborations to Drive Innovation
6.2.2 Growing Adoption of End-To-End RCM Solutions
6.3 Technology Trends
6.3.1 AI Platforms
6.3.2 Cloud Computing
6.4 End-User Trends
6.4.1 Shift Toward Outpatient Facilities
7 Revenue Cycle Management Market, by Product & Service
7.1 Introduction
Table 4 Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
7.2 Solutions
Table 5 Solutions Offered by Key Market Players
Table 6 Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
7.2.1 Patient Access Solutions
Table 7 Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 8 Patient Access Solutions Market, by Country, 2019-2026 (USD Million)
7.2.1.1 Eligibility Verification Solutions
7.2.1.1.1 Eligibility Verification Solutions Segment Accounted for the Largest Share of the Patient Access Solutions Market
Table 9 Eligibility Verification Solutions Offered by Key Market Players
Table 10 Eligibility Verification Solutions Market, by Country, 2019-2026 (USD Million)
7.2.1.2 Pre-Certification & Authorization Solutions
7.2.1.2.1 Electronic Pre-Certification and Authorization Helps Reduce the Risk of Errors
Table 11 Pre-Certification & Authorization Solutions Offered by Key Market Players
Table 12 Pre-Certification & Authorization Solutions Market, by Country, 2019-2026 (USD Million)
7.2.1.3 Other Patient Access Solutions
Table 13 Other Patient Access Solutions Offered by Key Market Players
Table 14 Other Patient Access Solutions Market, by Country, 2019-2026 (USD Million)
7.2.2 Mid-Revenue Cycle Solutions
Table 15 Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 16 Mid-Revenue Cycle Solutions Market, by Country, 2019-2026 (USD Million)
7.2.2.1 Clinical Coding Solutions
7.2.2.1.1 Increasing Complexity of Medical Codes to Drive the Growth of this Market Segment
Table 17 Clinical Coding Solutions Offered by Key Market Players
Table 18 Clinical Coding Solutions Market, by Country, 2019-2026 (USD Million)
7.2.2.2 Clinical Documentation Improvement Solutions
7.2.2.2.1 Cdi Solutions Provide Automated Feedback and Guidance That Help Physicians in Improving the Accuracy of Patient Records
Table 19 Cdi Solutions Offered by Key Market Players
Table 20 Clinical Documentation Improvement Solutions Market, by Country, 2019-2026 (USD Million)
7.2.2.3 Other Mid-Revenue Cycle Solutions
Table 21 Other Mid-Revenue Cycle Solutions Offered by Key Market Players
Table 22 Other Mid-Revenue Cycle Solutions Market, by Country, 2019-2026 (USD Million)
7.2.3 Back-End Revenue Cycle Solutions
Table 23 Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 24 Back-End Revenue Cycle Solutions Market, by Country, 2019-2026 (USD Million)
7.2.3.1 Claims Processing Solutions
7.2.3.1.1 Claims Processing Solutions Help Reduce False Claims and Manual Efforts
Table 25 Claims Processing Solutions Offered by Key Market Players
Table 26 Claims Processing Solutions Market, by Country, 2019-2026 (USD Million)
7.2.3.2 Denial Management Solutions
7.2.3.2.1 Claims Denial Management Solutions Help Healthcare Payers and Providers with Effective Claims Management
Table 27 Denial Management Solutions Offered by Key Market Players
Table 28 Denial Management Solutions Market, by Country, 2019-2026 (USD Million)
7.2.3.3 Other Back-End Revenue Cycle Solutions
Table 29 Other Back-End Revenue Cycle Solutions Offered by Key Market Players
Table 30 Other Back-End Revenue Cycle Solutions Market, by Country, 2019-2026 (USD Million)
7.3 Outsourcing Services
Table 31 Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 32 Outsourcing Services Market, by Country, 2019-2026 (USD Million)
7.3.1 Patient Access Outsourcing Services
7.3.1.1 Patient Access Outsourcing Services Segment to Account for the Largest Share of the Outsourcing Services Market
Table 33 Patient Access Outsourcing Services Offered by Key Market Players
Table 34 Patient Access Outsourcing Services Market, by Country, 2019-2026 (USD Million)
7.3.2 Mid-Revenue Cycle Outsourcing Services
7.3.2.1 Mid-Revenue Cycle Outsourcing Services Are Performed by Expert Coders and Cdi Experts
Table 35 Mid-Revenue Cycle Outsourcing Services Offered by Key Market Players
Table 36 Mid-Revenue Cycle Outsourcing Services Market, by Country, 2019-2026 (USD Million)
7.3.3 Back-End Revenue Cycle Outsourcing Services
7.3.3.1 Shortage of Skilled Hcit Professionals Driving the Growth of this Market Segment
Table 37 Back-End Outsourcing Services Offered by Key Market Players
Table 38 Back-End Revenue Cycle Outsourcing Services Market, by Country, 2019-2026 (USD Million)
8 Revenue Cycle Management Market, by Delivery Mode
8.1 Introduction
Table 39 Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
8.2 On-Premise Solutions
8.2.1 On-Premise Solutions Segment Accounted for the Largest Share of the Market in 2020
Table 40 On-Premise Revenue Cycle Management Solutions Market, by Country, 2019-2026 (USD Million)
8.3 Cloud-Based Solutions
8.3.1 Cloud-Based Revenue Cycle Management Solutions Are Affordable Solutions for Small and Medium-Sized Healthcare Facilities-A Key Factor Driving Market Growth
Table 41 Cloud-Based Revenue Cycle Management Solutions Market, by Country, 2019-2026 (USD Million)
9 Revenue Cycle Management Market, by End-user
9.1 Introduction
Table 42 Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
9.2 Healthcare Providers
Table 43 Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 44 Revenue Cycle Management Market for Healthcare Providers, by Country, 2019-2026 (USD Million)
9.2.1 Inpatient Facilities
Table 45 Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 46 Revenue Cycle Management Market for Inpatient Facilities, by Country, 2019-2026 (USD Million)
9.2.1.1 Hospitals
9.2.1.1.1 the Growing Need to Improve the Profitability of Healthcare Operations is Driving the Adoption of RCM Tools in Hospitals
Table 47 Revenue Cycle Management Market for Hospitals, by Country, 2019-2026 (USD Million)
9.2.1.2 Other Inpatient Facilities
Table 48 Revenue Cycle Management Market for Other Inpatient Facilities, by Country, 2019-2026 (USD Million)
9.2.2 Outpatient Facilities
Table 49 Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
Table 50 Revenue Cycle Management Market for Outpatient Facilities, by Country, 2019-2026 (USD Million)
9.2.2.1 Physician Practices
9.2.2.1.1 the Integration of Ehr with a Practice Management System is Currently High in Demand Among Physician Practices
Table 51 Revenue Cycle Management Market for Physician Practices, by Country, 2019-2026 (USD Million)
9.2.2.2 Ambulatory Surgical Centers (Ascs)
9.2.2.2.1 Eroding Patient Volumes at Hospitals Due to the High Infection Rate of COVID-19 is Driving the Demand for Ascs
Table 52 Revenue Cycle Management Market for Ambulatory Surgical Centers, by Country, 2019-2026 (USD Million)
9.2.2.3 Hospital Outpatient Facilities
9.2.2.3.1 High Volume of Patients in Hospital Opds Requires Maintaining Documentation-A Key Factor Driving the Demand for RCM Solutions
Table 53 Revenue Cycle Management Market for Hospital Outpatient Facilities, by Country, 2019-2026 (USD Million)
9.2.2.4 Diagnostic & Imaging Centers
9.2.2.4.1 Growing Preference of Patients Opting for Shorter Waiting Times & Technologically Advanced Specialty Clinics Propel the Growth of this End-User Segment
Table 54 Revenue Cycle Management Market for Diagnostic & Imaging Centers, by Country, 2019-2026 (USD Million)
9.2.2.5 Other Outpatient Facilities
Table 55 Revenue Cycle Management Market for Other Outpatient Facilities, by Country, 2019-2026 (USD Million)
9.3 Healthcare Payers
9.3.1 Increasing Productivity and Profitability of Coding Operations is Driving the Adoption of RCM Solutions by Healthcare Payers
Table 56 Revenue Cycle Management Market for Healthcare Payers, by Country/Region, 2019-2026 (USD Million)
10 Revenue Cycle Management Market, by Region
10.1 Introduction
Table 57 Revenue Cycle Management Market, by Region, 2019-2026 (USD Million)
10.2 North America
Figure 23 North America: Revenue Cycle Management Market Snapshot
Table 58 North America: Revenue Cycle Management Market, by Country, 2019-2026 (USD Million)
Table 59 North America: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 60 North America: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 61 North America: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 62 North America: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 63 North America: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 64 North America: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 65 North America: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 66 North America: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 67 North America: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 68 North America: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 69 North America: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.2.1 US
10.2.1.1 Growing Focus of Healthcare Providers on Improving the Quality of Care and Reducing Medical Errors & Healthcare Expenses to Drive Market Growth in the US
Table 70 US: Key Macroindicators
Table 71 US: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 72 US: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 73 US: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 74 US: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 75 US: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 76 US: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 77 US: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 78 US: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 79 US: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 80 US: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 81 US: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.2.2 Canada
10.2.2.1 Need for Healthcare Cost Containment and Financial Management of Healthcare Organizations to Support Market Growth
Table 82 Canada: Key Macroindicators
Table 83 Canada: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 84 Canada: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 85 Canada: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 86 Canada: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 87 Canada: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 88 Canada: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 89 Canada: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 90 Canada: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 91 Canada: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 92 Canada: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 93 Canada: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3 Europe
Table 94 Europe: Revenue Cycle Management Market, by Country, 2019-2026 (USD Million)
Table 95 Europe: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 96 Europe: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 97 Europe: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 98 Europe: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 99 Europe: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 100 Europe: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 101 Europe: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 102 Europe: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 103 Europe: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 104 Europe: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 105 Europe: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.1 Germany
10.3.1.1 Increasing Patient Volume to Boost the Adoption of RCM Solutions in the Country
Table 106 Germany: Key Macroindicators
Table 107 Germany: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 108 Germany: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 109 Germany: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 110 Germany: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 111 Germany: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 112 Germany: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 113 Germany: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 114 Germany: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 115 Germany: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 116 Germany: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 117 Germany: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.2 France
10.3.2.1 Government Initiatives Will Increase the Need for Effective RCM Solutions in France
Table 118 France: Key Macroindicators
Table 119 France: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 120 France: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 121 France: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 122 France: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 123 France: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 124 France: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 125 France: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 126 France: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 127 France: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 128 France: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 129 France: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.3 UK
10.3.3.1 Growing Patient Pool is Boosting the Demand for RCM Solutions & Services in the UK
Table 130 UK: Key Macroindicators
Table 131 UK: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 132 UK: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 133 UK: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 134 UK: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 135 UK: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 136 UK: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 137 UK: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 138 UK: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 139 UK: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 140 UK: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 141 UK: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.4 Italy
10.3.4.1 Initiatives Towards Digitalizing Patient Records to Support the Growth of the RCM Market in Italy
Table 142 Italy: Key Macroindicators
Table 143 Italy: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 144 Italy: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 145 Italy: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 146 Italy: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 147 Italy: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 148 Italy: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 149 Italy: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 150 Italy: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 151 Italy: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 152 Italy: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 153 Italy: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.5 Spain
10.3.5.1 It Infrastructural Improvements in the Country to Boost the Growth of the RCM Market in Spain
Table 154 Spain: Key Macroindicators
Table 155 Spain: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 156 Spain: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 157 Spain: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 158 Spain: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 159 Spain: Back-End Revenue Cycle Solutions Market, by Type,2019-2026 (USD Million)
Table 160 Spain: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 161 Spain: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 162 Spain: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 163 Spain: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 164 Spain: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 165 Spain: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.3.6 Rest of Europe (RoE)
Table 166 RoE: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 167 RoE: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 168 RoE: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 169 RoE: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 170 RoE: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 171 RoE: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 172 RoE: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 173 RoE: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 174 RoE: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 175 RoE: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 176 RoE: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.4 Asia-Pacific
Figure 24 Asia-Pacific: Revenue Cycle Management Market Snapshot
Table 177 Asia-Pacific: Revenue Cycle Management Market, by Country, 2019-2026 (USD Million)
Table 178 Asia-Pacific: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 179 Asia-Pacific: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 180 Asia-Pacific: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 181 Asia-Pacific: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 182 Asia-Pacific: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 183 Asia-Pacific: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 184 Asia-Pacific: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 185 Asia-Pacific: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 186 Asia-Pacific: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 187 Asia-Pacific: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 188 Asia-Pacific: Revenue Cycle Management Market for Outpatient Facilities, by Type 2019-2026 (USD Million)
10.4.1 Japan
10.4.1.1 Government Mandates to Boost the Adoption of RCM Solutions in Japan
Table 189 Japan: Macroeconomic Indicators
Table 190 Japan: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 191 Japan: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 192 Japan: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 193 Japan: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 194 Japan: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 195 Japan: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 196 Japan: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 197 Japan: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 198 Japan: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 199 Japan: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 200 Japan: Revenue Cycle Management Market for Outpatient Facilities, by Type 2019-2026 (USD Million)
10.4.2 China
10.4.2.1 Digitalization & Improving Infrastructure to Support RCM Market Growth in China
Table 201 China: Macroeconomic Indicators
Table 202 China: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 203 China: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 204 China: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 205 China: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 206 China: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 207 China: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 208 China: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 209 China: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 210 China: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 211 China: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 212 China: Revenue Cycle Management Market for Outpatient Facilities, by Type 2019-2026 (USD Million)
10.4.3 India
10.4.3.1 Growing Patient Pool to Support the Growth of the RCM Market in India
Table 213 India: Macroeconomic Indicators
Table 214 India: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 215 India: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 216 India: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 217 India: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 218 India: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 219 India: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 220 India: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 221 India: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 222 India: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 223 India: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 224 India: Revenue Cycle Management Market for Outpatient Facilities, by Type 2019-2026 (USD Million)
10.4.4 Rest of Asia-Pacific
Table 225 RoAPAC: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 226 RoAPAC: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 227 RoAPAC: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 228 RoAPAC: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 229 RoAPAC: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 230 RoAPAC: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 231 RoAPAC: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 232 RoAPAC: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 233 RoAPAC: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 234 RoAPAC: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 235 RoAPAC: Revenue Cycle Management Market for Outpatient Facilities, by Type 2019-2026 (USD Million)
10.5 Latin America
10.5.1 Healthcare Infrastructural Developments in Latin America to Support Market Growth
Table 236 Latin America: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 237 Latin America: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 238 Latin America: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 239 Latin America: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 240 Latin America: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 241 Latin America: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 242 Latin America: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 243 Latin America: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 244 Latin America: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 245 Latin America: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 246 Latin America: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
10.6 Middle East & Africa
10.6.1 Government Initiatives to Support Market Growth in the Middle East & Africa
Table 247 MEA: Revenue Cycle Management Market, by Product & Service, 2019-2026 (USD Million)
Table 248 MEA: Revenue Cycle Management Solutions Market, by Type, 2019-2026 (USD Million)
Table 249 MEA: Patient Access Solutions Market, by Type, 2019-2026 (USD Million)
Table 250 MEA: Mid-Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 251 MEA: Back-End Revenue Cycle Solutions Market, by Type, 2019-2026 (USD Million)
Table 252 MEA: Revenue Cycle Outsourcing Services Market, by Type, 2019-2026 (USD Million)
Table 253 MEA: Revenue Cycle Management Market, by Delivery Mode, 2019-2026 (USD Million)
Table 254 MEA: Revenue Cycle Management Market, by End-user, 2019-2026 (USD Million)
Table 255 MEA: Revenue Cycle Management Market for Healthcare Providers, by Type, 2019-2026 (USD Million)
Table 256 MEA: Revenue Cycle Management Market for Inpatient Facilities, by Type, 2019-2026 (USD Million)
Table 257 MEA: Revenue Cycle Management Market for Outpatient Facilities, by Type, 2019-2026 (USD Million)
11 Competitive Landscape
11.1 Introduction
11.2 Key Player Strategies/Right to Win
11.2.1 Overview of the Key Strategies Adopted by Major Players in the Revenue Cycle Management Market
11.3 Market Ranking Analysis
Table 258 Revenue Cycle Management: Market Ranking Analysis, by Key Player, 2020
11.4 Footprint Analysis of the Top Players in the Revenue Cycle Management Market
Table 259 Company Footprint Analysis
Figure 25 Company Product Footprint
Table 260 Company Regional Footprint
11.5 Revenue Cycle Management Market: R&D Expenditure
Figure 26 R&D Expenditure of the Key Players in the Revenue Cycle Management Market
11.6 Company Evaluation Quadrant
11.6.1 Stars
11.6.2 Emerging Leaders
11.6.3 Pervasive Players
11.6.4 Participants
Figure 27 Revenue Cycle Management Market: Company Evaluation Quadrant, 2020
11.7 Company Evaluation Quadrant for Startups/SMEs
11.7.1 Progressive Companies
11.7.2 Starting Blocks
11.7.3 Responsive Companies
11.7.4 Dynamic Companies
Figure 28 Revenue Cycle Management Market: Company Evaluation Quadrant for Start-Ups/SMEs, 2020
11.8 Competitive Scenario
11.8.1 Deals
Table 261 Deals (January 2018-July 2021)
11.8.2 Key Product & Service Launches
Table 262 Product & Service Launches (January 2018-July 2021)
12 Company Profiles
12.1 Key Companies
Business Overview, Products Offered, Recent Developments, Analyst's View
12.1.1 Optum
Table 263 Optum: Business Overview
Figure 29 Optum: Company Snapshot (2020)
12.1.2 R1 RCM, Inc.
Table 264 R1 RCM, Inc.: Business Overview
12.1.3 Cerner Corporation
Table 265 Cerner Corporation: Business Overview
Figure 30 Cerner Corporation: Company Snapshot (2020)
12.1.4 Change Healthcare
Table 266 Change Healthcare: Business Overview
Figure 31 Change Healthcare: Company Snapshot (2020)
12.1.5 Mckesson Corporation
Table 267 Mckesson Corporation: Business Overview
Figure 32 Mckesson Corporation: Company Snapshot (2020)
12.1.6 3M
Table 268 3M: Business Overview
Figure 33 3M: Company Snapshot (2020)
12.1.7 Experian plc
Table 269 Experian plc: Business Overview
Figure 34 Experian plc: Company Snapshot (2020)
12.1.8 Conifer Health Solutions
Table 270 Conifer Health Solutions: Business Overview
Figure 35 Conifer Health Solutions: Company Snapshot (2020)
12.1.9 Allscripts Healthcare, LLC
Table 271 Allscripts Healthcare, LLC: Business Overview
Figure 36 Allscripts Healthcare, LLC: Company Snapshot (2020)
12.1.10 GE Healthcare
Table 272 GE Healthcare: Business Overview
Figure 37 GE Healthcare: Company Snapshot (2020)
12.1.11 Cognizant
Table 273 Cognizant: Business Overview
Figure 38 Cognizant: Company Snapshot (2020)
12.1.12 Athenahealth
Table 274 Athenahealth: Business Overview
12.1.13 Ssi Group, LLC
Table 275 Ssi Group, LLC: Business Overview
12.1.14 Advantedge Healthcare Solutions
Table 276 Advantedge Healthcare Solutions: Business Overview
12.1.15 Huron Consulting Group Inc.
Table 277 Huron Consulting Group Inc.: Business Overview
Figure 39 Huron Consulting Group: Company Snapshot (2020)
12.1.16 Nthrive Revenue Systems, LLC
Table 278 Nthrive Revenue Systems, LLC: Business Overview
12.1.17 Plutus Health
Table 279 Plutus Health: Business Overview
12.1.18 Quest Diagnostics
Table 280 Quest Diagnostics: Business Overview
Figure 40 Quest Diagnostics: Company Snapshot (2020)
12.1.19 Gebbs Healthcare Solutions
Table 281 Gebbs Healthcare Solutions: Business Overview
12.1.20 Epic Systems Corporation
Table 282 Epic Systems Corporation: Business Overview
Business Overview, Products Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
12.2 Other Players
12.2.1 Omega Healthcare
12.2.2 Trubridge
12.2.3 Carecloud
12.2.4 Constellation Software Inc.
12.2.5 Vee Technologies
13 Appendix
13.1 Insights from Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: the Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

Executive Summary

Companies Mentioned

  • 3M
  • Advantedge Healthcare Solutions
  • Allscripts Healthcare, LLC
  • Athenahealth
  • Carecloud
  • Cerner Corporation
  • Change Healthcare
  • Cognizant
  • Conifer Health Solutions
  • Constellation Software Inc.
  • Epic Systems Corporation
  • Experian plc
  • GE Healthcare
  • Gebbs Healthcare Solutions
  • Huron Consulting Group Inc.
  • Mckesson Corporation
  • Nthrive Revenue Systems, LLC
  • Omega Healthcare
  • Optum
  • Plutus Health
  • Quest Diagnostics
  • R1 RCM, Inc.
  • Ssi Group, LLC
  • Trubridge
  • Vee Technologies

Methodology

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