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Revenue Cycle Management Market by Type, Component,, Deployment, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 329 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578323
Revenue cycle management (RCM) can be defined as management of all administrative and clinical functions that directly or indirectly contribute to revenues through patient service to optimize overall profits. Revenue cycle management undergoes various processes such as patient registration, eligibility, and verification for insurance, medical coding, claims processing, and payments & AR management. The process of RCM enables healthcare facilities to optimize revenues through claims processing. Primarily, there are four prominent elements of RCM that include, patients, healthcare provider, billing company, and insurance payers.

The growth of the revenue cycle management market is majorly driven by supportive growth through regulatory compliance, increasing healthcare spending, growing demand for cloud-based solutions, and increasing market for outsourced RCM solutions. In addition, growth in healthcare expenditure in emerging nations and technological advancements for workflow optimization fuel the demand for advanced healthcare systems, thereby driving the revenue cycle management market growth. However, factors such as high costs associated with RCM deployment and scarcity of trained professionals are expected to be the restraining factors for the revenue cycle management market growth during the forecast period.

The revenue cycle management market is segmented on the basis of type, component type, deployment mode, end user, and region. On the basis of type, the market is categorized into integrated and standalone RCM. On the basis of component types, the market is segmented into software and services. On the basis of deployment mode, it is segmented into cloud-based and on-premise deployment. On the basis of end user, the market is divided into hospitals, physicians, and diagnostic & ambulatory care centers. By Region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

The global revenue cycle management market is dominated by key players such are Cerner Corporation, Eclinicalworks, LLC, Epic Systems Corporation, Gebbs Healthcare Solutions, GE Healthcare, Experian PLC, Mckesson Corporation, Quest Diagnostics Incorporated, Athenahealth, Inc., and Allscripts Healthcare Solutions, Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the revenue cycle management market along with current trends and future estimations to elucidate imminent investment pockets
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry
  • The quantitative analysis of revenue cycle management market for the period 2020–2030 is provided to determine the market potential

Key Market Segments


By Type

  • Standalone
  • Integrated

By Component

  • Software
  • Services

By Deployment

  • Cloud
  • On-premise

By End-user

  • Hospitals
  • Physicians
  • Diagnostic & Ambulatory Care Centers

By Geography

  • North America
  • US
  • Canada
  • Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Arica

Key players profiled in the report
  • Cerner Corporation
  • eClinicalWorks
  • Epic Systems Corporation
  • GeBBSHealthcare Solutions
  • GE Healthcare
  • Experian PLC
  • Mckesson Corporation
  • Quest Diagnostics Incorporated
  • Athenahealth, Inc
  • Allscripts Healthcare Solutions, Inc

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Cxo Perspective

Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
3.7. Competitive Heatmap
3.8. Regulatory Guidelines

Chapter 4: Revenue Cycle Management Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Standalone
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Integrated
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country

Chapter 5: Revenue Cycle Management Market, by Component
5.1. Market Overview
5.1.1Market Size and Forecast, by Component
5.2. Software
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Services
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country

Chapter 6: Revenue Cycle Management Market, by Deployment
6.1. Market Overview
6.1.1Market Size and Forecast, by Deployment
6.2. Cloud
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. On-Premise
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country

Chapter 7: Revenue Cycle Management Market, by End-User
7.1. Market Overview
7.1.1Market Size and Forecast, by End-User
7.2. Hospitals
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Share Analysis, by Country
7.3. Physicians
7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Share Analysis, by Country
7.4. Diagnostic and Ambulatory Care Centers
7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Share Analysis, by Country

Chapter 8: Revenue Cycle Management Market, by Region
8.1. Market Overview
8.1.1Market Size and Forecast, by Region
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. Market Size and Forecast, by Type
8.2.3. Market Size and Forecast, by Component
8.2.4. Market Size and Forecast, by Deployment
8.2.5. Market Size and Forecast, by End-User
8.2.6. Market Size and Forecast, by Country
8.2.7. United States Revenue Cycle Management Market
8.2.7.1. Market Size and Forecast, by Type
8.2.7.2. Market Size and Forecast, by Component
8.2.7.3. Market Size and Forecast, by Deployment
8.2.7.4. Market Size and Forecast, by End-User
8.2.8. Canada Revenue Cycle Management Market
8.2.8.1. Market Size and Forecast, by Type
8.2.8.2. Market Size and Forecast, by Component
8.2.8.3. Market Size and Forecast, by Deployment
8.2.8.4. Market Size and Forecast, by End-User
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Market Size and Forecast, by Type
8.3.3. Market Size and Forecast, by Component
8.3.4. Market Size and Forecast, by Deployment
8.3.5. Market Size and Forecast, by End-User
8.3.6. Market Size and Forecast, by Country
8.3.7. France Revenue Cycle Management Market
8.3.7.1. Market Size and Forecast, by Type
8.3.7.2. Market Size and Forecast, by Component
8.3.7.3. Market Size and Forecast, by Deployment
8.3.7.4. Market Size and Forecast, by End-User
8.3.8. Germany Revenue Cycle Management Market
8.3.8.1. Market Size and Forecast, by Type
8.3.8.2. Market Size and Forecast, by Component
8.3.8.3. Market Size and Forecast, by Deployment
8.3.8.4. Market Size and Forecast, by End-User
8.3.9. Italy Revenue Cycle Management Market
8.3.9.1. Market Size and Forecast, by Type
8.3.9.2. Market Size and Forecast, by Component
8.3.9.3. Market Size and Forecast, by Deployment
8.3.9.4. Market Size and Forecast, by End-User
8.3.10. Spain Revenue Cycle Management Market
8.3.10.1. Market Size and Forecast, by Type
8.3.10.2. Market Size and Forecast, by Component
8.3.10.3. Market Size and Forecast, by Deployment
8.3.10.4. Market Size and Forecast, by End-User
8.3.11. U. K Revenue Cycle Management Market
8.3.11.1. Market Size and Forecast, by Type
8.3.11.2. Market Size and Forecast, by Component
8.3.11.3. Market Size and Forecast, by Deployment
8.3.11.4. Market Size and Forecast, by End-User
8.3.12. Rest of Europe Revenue Cycle Management Market
8.3.12.1. Market Size and Forecast, by Type
8.3.12.2. Market Size and Forecast, by Component
8.3.12.3. Market Size and Forecast, by Deployment
8.3.12.4. Market Size and Forecast, by End-User
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Market Size and Forecast, by Type
8.4.3. Market Size and Forecast, by Component
8.4.4. Market Size and Forecast, by Deployment
8.4.5. Market Size and Forecast, by End-User
8.4.6. Market Size and Forecast, by Country
8.4.7. China Revenue Cycle Management Market
8.4.7.1. Market Size and Forecast, by Type
8.4.7.2. Market Size and Forecast, by Component
8.4.7.3. Market Size and Forecast, by Deployment
8.4.7.4. Market Size and Forecast, by End-User
8.4.8. Japan Revenue Cycle Management Market
8.4.8.1. Market Size and Forecast, by Type
8.4.8.2. Market Size and Forecast, by Component
8.4.8.3. Market Size and Forecast, by Deployment
8.4.8.4. Market Size and Forecast, by End-User
8.4.9. India Revenue Cycle Management Market
8.4.9.1. Market Size and Forecast, by Type
8.4.9.2. Market Size and Forecast, by Component
8.4.9.3. Market Size and Forecast, by Deployment
8.4.9.4. Market Size and Forecast, by End-User
8.4.10. South Korea Revenue Cycle Management Market
8.4.10.1. Market Size and Forecast, by Type
8.4.10.2. Market Size and Forecast, by Component
8.4.10.3. Market Size and Forecast, by Deployment
8.4.10.4. Market Size and Forecast, by End-User
8.4.11. Australia Revenue Cycle Management Market
8.4.11.1. Market Size and Forecast, by Type
8.4.11.2. Market Size and Forecast, by Component
8.4.11.3. Market Size and Forecast, by Deployment
8.4.11.4. Market Size and Forecast, by End-User
8.4.12. Rest of Asia-Pacific Revenue Cycle Management Market
8.4.12.1. Market Size and Forecast, by Type
8.4.12.2. Market Size and Forecast, by Component
8.4.12.3. Market Size and Forecast, by Deployment
8.4.12.4. Market Size and Forecast, by End-User
8.5. Lamea
8.5.1. Key Market Trends and Opportunities
8.5.2. Market Size and Forecast, by Type
8.5.3. Market Size and Forecast, by Component
8.5.4. Market Size and Forecast, by Deployment
8.5.5. Market Size and Forecast, by End-User
8.5.6. Market Size and Forecast, by Country
8.5.7. Brazil Revenue Cycle Management Market
8.5.7.1. Market Size and Forecast, by Type
8.5.7.2. Market Size and Forecast, by Component
8.5.7.3. Market Size and Forecast, by Deployment
8.5.7.4. Market Size and Forecast, by End-User
8.5.8. South Africa, Revenue Cycle Management Market
8.5.8.1. Market Size and Forecast, by Type
8.5.8.2. Market Size and Forecast, by Component
8.5.8.3. Market Size and Forecast, by Deployment
8.5.8.4. Market Size and Forecast, by End-User
8.5.9. Saudi Arabia Revenue Cycle Management Market
8.5.9.1. Market Size and Forecast, by Type
8.5.9.2. Market Size and Forecast, by Component
8.5.9.3. Market Size and Forecast, by Deployment
8.5.9.4. Market Size and Forecast, by End-User

Chapter 9: Company Profiles
9.1. Cerner Corporation
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Operating Business Segments
9.1.5. Product Portfolio
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. Eclinicalworks
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Business Performance
9.2.7. Key Strategic Moves and Developments
9.3. Epic Systems Corporation
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. Gebbshealthcare Solutions
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. Business Performance
9.4.7. Key Strategic Moves and Developments
9.5. GE Healthcare
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. Experian plc
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Business Performance
9.6.7. Key Strategic Moves and Developments
9.7. Mckesson Corporation
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Business Performance
9.7.7. Key Strategic Moves and Developments
9.8. Quest Diagnostics Incorporated
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. Business Performance
9.8.7. Key Strategic Moves and Developments
9.9. Athenahealth, Inc.
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Business Performance
9.9.7. Key Strategic Moves and Developments
9.10. Allscripts Healthcare Solutions, Inc.
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Operating Business Segments
9.10.5. Product Portfolio
9.10.6. Business Performance
9.10.7. Key Strategic Moves and Developments

Note: *Details on Financial Performance and Strategic Moves and Developments May Not Be Captured For
Unlisted Companies.
*List of Companies Profiled in this Toc is Tentative and May Change After Detailed Analysis.
*Market Size and Forecast Will Be Provided from 2020-2030, and Forecast Period Would Be 2021-2030.
*The Provided Information and Segments Are for Representation Purpose Only. The Actual Information
Delivered Would Change Significantly as Per Findings During the Course of Study and Upon Its
Completion.List of Tables
Table 1. Global Revenue Cycle Management Market, by Type, 2020-2030 ($Million)
Table 2. Global Revenue Cycle Management Market for Standalone, by Region, 2020-2030 ($Million)
Table 3. Global Revenue Cycle Management Market for Integrated, by Region, 2020-2030 ($Million)
Table 4. Global Revenue Cycle Management Market, by Component, 2020-2030 ($Million)
Table 5. Global Revenue Cycle Management Market for Software, by Region, 2020-2030 ($Million)
Table 6. Global Revenue Cycle Management Market for Services, by Region, 2020-2030 ($Million)
Table 7. Global Revenue Cycle Management Market, by Deployment, 2020-2030 ($Million)
Table 8. Global Revenue Cycle Management Market for Cloud, by Region, 2020-2030 ($Million)
Table 9. Global Revenue Cycle Management Market for On-Premise, by Region, 2020-2030 ($Million)
Table 10. Global Revenue Cycle Management Market, by End-User, 2020-2030 ($Million)
Table 11. Global Revenue Cycle Management Market for Hospitals, by Region, 2020-2030 ($Million)
Table 12. Global Revenue Cycle Management Market for Physicians, by Region, 2020-2030 ($Million)
Table 13. Global Revenue Cycle Management Market for Diagnostic and Ambulatory Care Centers, by Region, 2020-2030 ($Million)
Table 14. Global Revenue Cycle Management Market, by Region, 2020-2030 ($Million)
Table 15. North America Revenue Cycle Management, by Region, 2020-2030 ($Million)
Table 16. North America Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 17. North America Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 18. North America Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 19. North America Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 20. United States Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 21. United States Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 22. United States Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 23. United States Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 24. Canada Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 25. Canada Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 26. Canada Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 27. Canada Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 28. Europe Revenue Cycle Management, by Region, 2020-2030 ($Million)
Table 29. Europe Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 30. Europe Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 31. Europe Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 32. Europe Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 33. France Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 34. France Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 35. France Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 36. France Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 37. Germany Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 38. Germany Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 39. Germany Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 40. Germany Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 41. Italy Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 42. Italy Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 43. Italy Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 44. Italy Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 45. Spain Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 46. Spain Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 47. Spain Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 48. Spain Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 49. United Kingdom Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 50. United Kingdom Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 51. United Kingdom Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 52. United Kingdom Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 53. Rest of Europe Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 54. Rest of Europe Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 55. Rest of Europe Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 56. Rest of Europe Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 57. Asia-Pacific Revenue Cycle Management, by Region, 2020-2030 ($Million)
Table 58. Asia-Pacific Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 59. Asia-Pacific Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 60. Asia-Pacific Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 61. Asia-Pacific Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 62. China Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 63. China Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 64. China Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 65. China Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 66. Japan Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 67. Japan Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 68. Japan Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 69. Japan Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 70. India Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 71. India Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 72. India Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 73. India Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 74. South Korea Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 75. South Korea Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 76. South Korea Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 77. South Korea Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 78. Australia Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 79. Australia Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 80. Australia Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 81. Australia Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 82. Rest of Asia-Pacific Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 83. Rest of Asia-Pacific Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 84. Rest of Asia-Pacific Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 85. Rest of Asia-Pacific Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 86. Lamea Revenue Cycle Management, by Region, 2020-2030 ($Million)
Table 87. Lamea Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 88. Lamea Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 89. Lamea Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 90. Lamea Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 91. Brazil Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 92. Brazil Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 93. Brazil Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 94. Brazil Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 95. South Africa, Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 96. South Africa, Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 97. South Africa, Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 98. South Africa, Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 99. Saudi Arabia Revenue Cycle Management, by Type, 2020-2030 ($Million)
Table 100. Saudi Arabia Revenue Cycle Management, by Component, 2020-2030 ($Million)
Table 101. Saudi Arabia Revenue Cycle Management, by Deployment, 2020-2030 ($Million)
Table 102. Saudi Arabia Revenue Cycle Management, by End-User, 2020-2030 ($Million)
Table 103. Cerner Corporation: Key Executives
Table 104. Cerner Corporation: Company Snapshot
Table 105. Cerner Corporation: Operating Segments
Table 106. Cerner Corporation: Product Portfolio
Table 107. Cerner Corporation: Key Strategic Moves and Developments
Table 108. Eclinicalworks: Key Executives
Table 109. Eclinicalworks: Company Snapshot
Table 110. Eclinicalworks: Operating Segments
Table 111. Eclinicalworks: Product Portfolio
Table 112. Eclinicalworks: Key Strategic Moves and Developments
Table 113. Epic Systems Corporation: Key Executives
Table 114. Epic Systems Corporation: Company Snapshot
Table 115. Epic Systems Corporation: Operating Segments
Table 116. Epic Systems Corporation: Product Portfolio
Table 117. Epic Systems Corporation: Key Strategic Moves and Developments
Table 118. Gebbshealthcare Solutions: Key Executives
Table 119. Gebbshealthcare Solutions: Company Snapshot
Table 120. Gebbshealthcare Solutions: Operating Segments
Table 121. Gebbshealthcare Solutions: Product Portfolio
Table 122. Gebbshealthcare Solutions: Key Strategic Moves and Developments
Table 123. Ge Healthcare: Key Executives
Table 124. Ge Healthcare: Company Snapshot
Table 125. Ge Healthcare: Operating Segments
Table 126. Ge Healthcare: Product Portfolio
Table 127. Ge Healthcare: Key Strategic Moves and Developments
Table 128. Experian plc: Key Executives
Table 129. Experian plc: Company Snapshot
Table 130. Experian plc: Operating Segments
Table 131. Experian plc: Product Portfolio
Table 132. Experian plc: Key Strategic Moves and Developments
Table 133. Mckesson Corporation: Key Executives
Table 134. Mckesson Corporation: Company Snapshot
Table 135. Mckesson Corporation: Operating Segments
Table 136. Mckesson Corporation: Product Portfolio
Table 137. Mckesson Corporation: Key Strategic Moves and Developments
Table 138. Quest Diagnostics Incorporated: Key Executives
Table 139. Quest Diagnostics Incorporated: Company Snapshot
Table 140. Quest Diagnostics Incorporated: Operating Segments
Table 141. Quest Diagnostics Incorporated: Product Portfolio
Table 142. Quest Diagnostics Incorporated: Key Strategic Moves and Developments
Table 143. Athenahealth, Inc. : Key Executives
Table 144. Athenahealth, Inc. : Company Snapshot
Table 145. Athenahealth, Inc. : Operating Segments
Table 146. Athenahealth, Inc. : Product Portfolio
Table 147. Athenahealth, Inc. : Key Strategic Moves and Developments
Table 148. Allscripts Healthcare Solutions, Inc. : Key Executives
Table 149. Allscripts Healthcare Solutions, Inc. : Company Snapshot
Table 150. Allscripts Healthcare Solutions, Inc. : Operating Segments
Table 151. Allscripts Healthcare Solutions, Inc. : Product Portfolio
Table 152. Allscripts Healthcare Solutions, Inc. : Key Strategic Moves and DevelopmentsList of Figures
Figure 1. Global Revenue Cycle Management Market Segmentation
Figure 2. Global Revenue Cycle Management Market
Figure 3. Segmentation Revenue Cycle Management Market
Figure 4. Top Investment Pocket in Revenue Cycle Management Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: Revenue Cycle Management Market
Figure 16. Revenue Cycle Management Market Segmentation, by Type
Figure 17. Revenue Cycle Management Market for Standalone, by Country, 2020-2030 ($ Million)
Figure 18. Revenue Cycle Management Market for Integrated, by Country, 2020-2030 ($ Million)
Figure 19. Revenue Cycle Management Market Segmentation, by Component
Figure 20. Revenue Cycle Management Market for Software, by Country, 2020-2030 ($ Million)
Figure 21. Revenue Cycle Management Market for Services, by Country, 2020-2030 ($ Million)
Figure 22. Revenue Cycle Management Market Segmentation, by Deployment
Figure 23. Revenue Cycle Management Market for Cloud, by Country, 2020-2030 ($ Million)
Figure 24. Revenue Cycle Management Market for On-Premise, by Country, 2020-2030 ($ Million)
Figure 25. Revenue Cycle Management Market Segmentation, by End-User
Figure 26. Revenue Cycle Management Market for Hospitals, by Country, 2020-2030 ($ Million)
Figure 27. Revenue Cycle Management Market for Physicians, by Country, 2020-2030 ($ Million)
Figure 28. Revenue Cycle Management Market for Diagnostic and Ambulatory Care Centers, by Country, 2020-2030 ($ Million)
Figure 29. Cerner Corporation: Net Sales, 2018-2020 ($ Million)
Figure 30. Cerner Corporation: Revenue Share, by Segment, 2020 (%)
Figure 31. Cerner Corporation: Revenue Share, by Region, 2020 (%)
Figure 32. Eclinicalworks: Net Sales, 2018-2020 ($ Million)
Figure 33. Eclinicalworks: Revenue Share, by Segment, 2020 (%)
Figure 34. Eclinicalworks: Revenue Share, by Region, 2020 (%)
Figure 35. Epic Systems Corporation: Net Sales, 2018-2020 ($ Million)
Figure 36. Epic Systems Corporation: Revenue Share, by Segment, 2020 (%)
Figure 37. Epic Systems Corporation: Revenue Share, by Region, 2020 (%)
Figure 38. Gebbshealthcare Solutions: Net Sales, 2018-2020 ($ Million)
Figure 39. Gebbshealthcare Solutions: Revenue Share, by Segment, 2020 (%)
Figure 40. Gebbshealthcare Solutions: Revenue Share, by Region, 2020 (%)
Figure 41. Ge Healthcare: Net Sales, 2018-2020 ($ Million)
Figure 42. Ge Healthcare: Revenue Share, by Segment, 2020 (%)
Figure 43. Ge Healthcare: Revenue Share, by Region, 2020 (%)
Figure 44. Experian plc: Net Sales, 2018-2020 ($ Million)
Figure 45. Experian plc: Revenue Share, by Segment, 2020 (%)
Figure 46. Experian plc: Revenue Share, by Region, 2020 (%)
Figure 47. Mckesson Corporation: Net Sales, 2018-2020 ($ Million)
Figure 48. Mckesson Corporation: Revenue Share, by Segment, 2020 (%)
Figure 49. Mckesson Corporation: Revenue Share, by Region, 2020 (%)
Figure 50. Quest Diagnostics Incorporated: Net Sales, 2018-2020 ($ Million)
Figure 51. Quest Diagnostics Incorporated: Revenue Share, by Segment, 2020 (%)
Figure 52. Quest Diagnostics Incorporated: Revenue Share, by Region, 2020 (%)
Figure 53. Athenahealth, Inc: Net Sales, 2018-2020 ($ Million)
Figure 54. Athenahealth, Inc: Revenue Share, by Segment, 2020 (%)
Figure 55. Athenahealth, Inc: Revenue Share, by Region, 2020 (%)
Figure 56. Allscripts Healthcare Solutions, Inc: Net Sales, 2018-2020 ($ Million)
Figure 57. Allscripts Healthcare Solutions, Inc: Revenue Share, by Segment, 2020 (%)
Figure 58. Allscripts Healthcare Solutions, Inc: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a new report titled, “Revenue Cycle Management Market, by Type, Component Type, Deployment Mode, and End User: Global Opportunity and Forecast, 2020–2030,” The revenue cycle management market size was valued at $97.29 billion in 2020, and is projected to reach $329.71 billion by 2030, registering a CAGR of 12.7%.

Revenue cycle management (RCM) incorporates a comprehensive range of practices, tools, solutions, and techniques interrelated closely to information and operational healthcare services. This method uses preventive and responsive methods to deliver improved healthcare services while optimizing profits for healthcare facilities. Moreover, the process of RCM enables healthcare facilities to optimize revenues through claims processing that incorporates patients, healthcare providers, billing companies, and insurance payers.

The current business scenario has witnessed surge in the adoption of RCM in the developed and the developing regions, owing to the technological innovations in product offerings, rise in adoption for cloud-based solutions, and increase in application areas among end users. In addition, supportive growth through regulatory compliance and increase in healthcare spending are expected to supplement the revenue cycle management market growth during the forecast period. Furthermore, growth in healthcare expenditure in the emerging countries, increase in market for outsourced RCM solutions, and technological advancements for workflow optimization fuel the demand for advanced healthcare systems, thereby creating lucrative opportunities for market growth. However, high costs associated with RCM deployment and dearth of trained professionals are expected to hamper the market growth.

The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. The outbreak of COVID-19 has caused a great deal of difficulties globally. During the COVID-19 pandemic, revenue cycle management plays a vital role in checking patients' eligibility, which reduces hospital maintenance time during the crisis.

COVID-19 does not have major negative impact on the growth of the market, and is expected to provide numerous opportunities for the market to grow during the forecast period. Increase in demand for healthcare solutions and advanced patient management is expected to surge the demand for revenue cycle management solutions and services in hospitals across the globe.

The revenue cycle management market is segmented on the basis of type, component type, deployment mode, end user, and region. On the basis of type, the market is categorized into integrated and standalone RCM. On the basis of component types, the market is segmented into software and services. On the basis of deployment mode, it is segmented into cloud-based and on-premise deployment. On the basis of end user, the market is divided into hospitals, physicians, and diagnostic & ambulatory care centers. By Region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

On the basis of type, the integrated RCM segment dominated in 2020. This is attributed to the improved healthcare infrastructure, increased healthcare-related expenditures to cater to the untapped markets among the developing nations, challenges faced during accounts receivable (AR) management & claims processing, and rise in need to reduce cycle time.

By component, the services segment dominated the growth in the revenue cycle management market in 2020, and is expected to maintain its dominance in the upcoming years. This is due to improvement in healthcare infrastructure and healthcare expenditures to cater to the unmet medical needs in developing regions, which boosts the demand for RCM services.

By deployment, the on-premise segment dominated the growth in the revenue cycle management market in 2020, and is expected to maintain its dominance in the upcoming years. This is attributed to growing demand for mobile support systems for better customer (patient) engagement platforms. However, the cloud segment registered highest growth rate, as adoption of cloud revenue management solutions has grown among hospitals, physicians, and diagnostic & ambulatory care centers, owing to the transfer of increase in amounts of critical and confidential data. These solutions facilitate payers and providers with superior control over access to applications and sensitive patient information from distant locations.

By end user, the physician segment dominated the global revenue cycle management market in 2020. This is attributed to increased complexities of healthcare reimbursement methods, widespread adoption of electronic health records (EHR), varying models of payments, and change in regulations.

The RCM market is categorized based on geography into North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2020. However, Asia-Pacific is projected to grow at the highest CAGR during the forecast period.

Key Findings Of The Study


  • By component, the services dominated the revenue cycle management market size in 2020
  • By type, the integrated RCM segment generated the highest revenue in 2020 of revenue cycle management market share
  • By deployment, the on-premise segment dominated the market in 2020 However, the cloud segment is expected to register the highest growth rate during forecasted period
  • Region wise, the RCM industry was dominated by North America in 2020 However, Asia-Pacific is expected to witness significant growth in the upcoming years
  • Some of the key revenue cycle management industry players profiled in the report include, Cerner Corporation, eClinicalWorks, Epic Systems Corporation, Gebbs Healthcare Solutions, GE Healthcare, Experian PLC., Mckesson Corporation, Quest Diagnostics Incorporated, Athenahealth, Inc., and Allscripts Healthcare Solutions, Inc This study includes market trends, revenue cycle management market analysis, and future estimations to determine the imminent investment pockets

Companies Mentioned

  • Cerner Corporation
  • eClinicalWorks
  • Epic Systems Corporation
  • GeBBSHealthcare Solutions
  • GE Healthcare
  • Experian PLC
  • Mckesson Corporation
  • Quest Diagnostics Incorporated
  • Athenahealth, Inc.
  • Allscripts Healthcare Solutions, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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