Global Healthcare RCM Outsourcing Market Size, Status and Forecast 2019-2025
Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a company to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.
The global Healthcare RCM Outsourcing industry was 11713.04 million USD in 2017 and is projected to reach USD 22101.11 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 11.16% between 2017 and 2023. The market is driven by various end-users, such as small/rural hospitals, community hospitals, large hospitals & academic medical centers. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
In 2018, the global Healthcare RCM Outsourcing market size was 13200 million US$ and it is expected to reach 26600 million US$ by the end of 2025, with a CAGR of 10.5% during 2019-2025.
This report focuses on the global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare RCM Outsourcing development in United States, Europe and China.
The key players covered in this study
Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI Group
Accretive Health (R1 RCM Inc)
Cerner
Market segment by Type, the product can be split into
Pre-intervention
Intervention
Post-intervention
Market segment by Application, split into
Small/Rural Hospitals
Community Hospitals
Large Hospitals & Academic Medical Centers
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Healthcare RCM Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Healthcare RCM Outsourcing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The global Healthcare RCM Outsourcing industry was 11713.04 million USD in 2017 and is projected to reach USD 22101.11 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 11.16% between 2017 and 2023. The market is driven by various end-users, such as small/rural hospitals, community hospitals, large hospitals & academic medical centers. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
In 2018, the global Healthcare RCM Outsourcing market size was 13200 million US$ and it is expected to reach 26600 million US$ by the end of 2025, with a CAGR of 10.5% during 2019-2025.
This report focuses on the global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare RCM Outsourcing development in United States, Europe and China.
The key players covered in this study
Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI Group
Accretive Health (R1 RCM Inc)
Cerner
Market segment by Type, the product can be split into
Pre-intervention
Intervention
Post-intervention
Market segment by Application, split into
Small/Rural Hospitals
Community Hospitals
Large Hospitals & Academic Medical Centers
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Healthcare RCM Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Healthcare RCM Outsourcing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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