{"product_id":"global-revenue-cycle-management-rcm-market-size-study-by-product-services-solutions-outsourcing-services-by-delivery-mode-on-premise-solutions-cloud-based-solutions-by-end-user-healthcare-providers-healthcare-payers-and-regional-forecasts-2","title":"Global Revenue Cycle Management\/RCM Market Size study, by Product \u0026 Services (Solutions, Outsourcing Services), by Delivery Mode (On-premise Solutions, Cloud-based Solutions), by End User (Healthcare Providers, Healthcare Payers), and Regional Forecasts 2","description":"\u003cp\u003eGlobal Revenue Cycle Management\/RCM Market Size study, by Product \u0026amp; Services (Solutions, Outsourcing Services), by Delivery Mode (On-premise Solutions, Cloud-based Solutions), by End User (Healthcare Providers, Healthcare Payers), and Regional Forecasts 2021-2027\u003c\/p\u003e \n\n\u003cp\u003eGlobal revenue cycle management\/RCM market is valued approximately at USD 37 billion in 2020 and is anticipated to grow with a healthy growth rate of about 10.6% over the forecast period 2021-2027. Revenue cycle management makes use of medical billing software, that is used by the healthcare sector and healthcare facilities in order to track patient care, which ranges from appointment and registration scheduling to final payment of a balance. It integrates administrative data, such as a personal information of a patient, treatment codes and insurer name, with information regarding financial billing. The global revenue cycle management\/RCM market is being driven by rise in patient volume and subsequent increase in health insurance and increasing requirement to manage unstructured healthcare data. Furthermore, increasing demand for artificial intelligence \u0026amp; cloud-based deployment will provide new opportunities for the global revenue cycle management\/RCM industry. Market players across the globe are strengthening their presence in the market through different strategic initiatives. For instance, in 2021, Mednax and R1 entered into an agreement in order to make R1 as the primary provider of enterprise revenue cycle management (RCM) services for Mednax. Also, in 2021, Vanderbilt and McKesson entered in a collaboration agreement to offer full suite of specialty pharmacy consulting services of VHRxS to health system clients of McKesson. Such strategic initiatives taken by the market players are expected to proliferate the adoption of revenue cycle management products and services among the end user industries which is expected to boost the market growth. However, high deployment costs associated with revenue cycle management may impede market growth over the forecast period of 2021-2027.\u003c\/p\u003e\n\n\u003cp\u003eGeographically, the global revenue cycle management\/RCM market is segmented as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue and is expected to maintain its dominance the forecast period 2021-2027. Presence of large established healthcare infrastructures and hospitals, favorable regulations, increased requirement for reducing healthcare costs, etc. are some of the major factors which are expected to contribute towards the dominance of the North American region in the forecast years.\u003c\/p\u003e\n\n\u003cp\u003eMajor market player included in this report are:\u003cbr\u003e\nOptum\u003cbr\u003e\nR1 Rcm, Inc.\u003cbr\u003e\nCerner Corporation\u003cbr\u003e\nChange Healthcare\u003cbr\u003e\nMckesson Corporation\u003cbr\u003e\n3M\u003cbr\u003e\nExperian PLC\u003cbr\u003e\nConifer Health Solutions\u003cbr\u003e\nAllscripts Healthcare, LLC\u003cbr\u003e\nGE Healthcare\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Product \u0026amp; Services:\u003cbr\u003e\nSolutions\u003cbr\u003e\nOutsourcing Services\u003cbr\u003e\nBy Delivery Mode:\u003cbr\u003e\nOn-premise Solutions\u003cbr\u003e\nCloud-based Solutions\u003cbr\u003e\nBy End User:\u003cbr\u003e\nHealthcare Providers\u003cbr\u003e\nHealthcare Payers\u003cbr\u003e\nAudioRevenue Cycle Management\/RCM\u003cbr\u003e\nBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eFurthermore, years considered for the study are as follows:\u003c\/p\u003e\n\n\u003cp\u003eHistorical year – 2018, 2019\u003cbr\u003e\nBase year – 2020\u003cbr\u003e\nForecast period – 2021 to 2027.\u003c\/p\u003e\n\n\u003cp\u003eTarget Audience of the Global Revenue Cycle Management\/RCM Market in Market Study:\u003c\/p\u003e\n\n\u003cp\u003eKey Consulting Companies \u0026amp; Advisors\u003cbr\u003e\nLarge, medium-sized, and small enterprises\u003cbr\u003e\nVenture capitalists\u003cbr\u003e\nValue-Added Resellers (VARs)\u003cbr\u003e\nThird-party knowledge providers\u003cbr\u003e\nInvestment bankers\u003cbr\u003e\nInvestors\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eOptum\u003cbr\u003e\nR1 Rcm, Inc.\u003cbr\u003e\nCerner Corporation\u003cbr\u003e\nChange Healthcare\u003cbr\u003e\nMckesson Corporation\u003cbr\u003e\n3M\u003cbr\u003e\nExperian PLC\u003cbr\u003e\nConifer Health Solutions\u003cbr\u003e\nAllscripts Healthcare, LLC\u003cbr\u003e\nGE Healthcare\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"October, 2021 \/ 200 Pages \/ MCW16284891","offer_id":47714855026994,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-revenue-cycle-management-rcm-market-size-study-by-product-services-solutions-outsourcing-services-by-delivery-mode-on-premise-solutions-cloud-based-solutions-by-end-user-healthcare-providers-healthcare-payers-and-regional-forecasts-2","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}