Revenue cycle management (RCM) is the financial process, utilizing medical billing software that healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance.
In 2020, in terms of value, North America is expected to account for the largest share of the global market. Asia is expected to register the highest growth rate from 2020 to 2023. This can be attributed to increasing patient population, rising demand for centralized and cost-effective financial management solutions, and growing use of electronic insurance medical claims in countries such as Japan, China, India, and Singapore.
The Global Revenue Cycle Management Market is projected to reach USD 69.3 billion by 2028 from USD 40.11 billion in 2021, at a compound annual growth rate (CAGR) of 11.6% from 2021-2028.
This report studies the Revenue Cycle Management market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2021-2028; this report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The study objectives of this report are:
In this study, the years considered to estimate the market size of Revenue Cycle Management are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2028
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Revenue Cycle Management market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Table of Contents
1 Industry Overview of Revenue Cycle Management
1.1 Revenue Cycle Management Market Overview
1.1.1 Revenue Cycle Management Product Scope
1.1.2 Market Status and Outlook
1.2 Global Revenue Cycle Management Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Revenue Cycle Management Market by Type
1.3.1 Integrated Solutions
1.3.2 Standalone solutions
1.4 Revenue Cycle Management Market by End Users/Application
1.4.1 Physicians
1.4.2 Hospitals
1.4.3 Laboratories
1.4.4 Others
2 Global Revenue Cycle Management Competition Analysis by Players
2.1 Revenue Cycle Management Market Size (Value) by Players (2017 and 2020)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Cerner
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Mckesson
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Quest Diagnostics
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Allscripts Healthcare Solutions
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Athenahealth
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 GE Healthcare
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 Eclinicalworks
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Conifer Health Solutions
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 EPIC Systems
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Gebbs Healthcare Solutions
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Revenue Cycle Management Revenue (Value) (2017-2020)
3.10.5 Recent Developments
3.11 Experian
3.12 R1 RCM
3.13 Constellation Software
3.14 The SSI Group
3.15 Nthrive
4 Global Revenue Cycle Management Market Size by Type and Application (2017-2020)
4.1 Global Revenue Cycle Management Market Size by Type (2017-2020)
4.2 Global Revenue Cycle Management Market Size by Application (2017-2020)
4.3 Potential Application of Revenue Cycle Management in Future
4.4 Top Consumer/End Users of Revenue Cycle Management
5 North America Revenue Cycle Management Development Status and Outlook
5.1 North America Revenue Cycle Management Market Size (2017-2020)
5.2 North America Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
6 Europe Revenue Cycle Management Development Status and Outlook
6.1 Europe Revenue Cycle Management Market Size (2017-2020)
6.2 Europe Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
7 China Revenue Cycle Management Development Status and Outlook
7.1 China Revenue Cycle Management Market Size (2017-2020)
7.2 China Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
8 Rest of Asia Pacific Revenue Cycle Management Development Status and Outlook
8.1 Rest of Asia Pacific Revenue Cycle Management Market Size (2017-2020)
8.2 Rest of Asia Pacific Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
9 Central & South America Revenue Cycle Management Development Status and Outlook
9.1 Central & South America Revenue Cycle Management Market Size (2017-2020)
9.2 Central & South America Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
10 Middle East & Africa Revenue Cycle Management Development Status and Outlook
10.1 Middle East & Africa Revenue Cycle Management Market Size (2017-2020)
10.2 Middle East & Africa Revenue Cycle Management Market Size and Market Share by Players (2017 and 2020)
11 Market Forecast by Regions, Type and Application (2021-2028)
11.1 Global Revenue Cycle Management Market Size (Value) by Regions (2021-2028)
11.1.1 North America Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.1.2 Europe Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.1.3 China Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.1.4 Rest of Asia Pacific Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.1.5 Central & South America Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.1.6 Middle East & Africa Revenue Cycle Management Revenue and Growth Rate (2021-2028)
11.2 Global Revenue Cycle Management Market Size (Value) by Type (2021-2028)
11.3 Global Revenue Cycle Management Market Size by Application (2021-2028)
12 Revenue Cycle Management Market Dynamics
12.1 Revenue Cycle Management Market Opportunities
12.2 Revenue Cycle Management Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Revenue Cycle Management Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Revenue Cycle Management Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
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