Showing posts with label Revenue Cycle Management Market forecast. Show all posts
Showing posts with label Revenue Cycle Management Market forecast. Show all posts

Tuesday, 7 December 2021

Revenue Cycle Management Market Size, Recent Advancement & Scope Top Trends

 The report “Global Revenue Cycle Management Market  2028” from PMR Market Research includes data and information about market structure and size. The purpose of this research is to give market knowledge and strategic insights to assist in decision making, making informed investment decisions, and identifying potential growth opportunities.

 

The research report adopts primary and secondary research approaches, resulting in a precise and accurate insight into the Revenue Cycle Management industry. To examine the segments and provide a fair assessment of their influence on the worldwide market, analysts utilized a top-down and bottom-up strategy. The study begins with a market overview, which includes a brief description of the industry's current state as well as the major segments. It also lists the leading players in the global market.


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A Porter's five forces analysis and SWOT analysis are included in the research study on the global Revenue Cycle Management market, which empower to determine the market's accurate trajectory. Such effective market analysis tools helps to identify market’s major drivers, restraints, risks, and market opportunities. In addition to this, the research report also features statistics for global market as well as different regional markets.


Market Segmentation

The report features in-depth segmentation and sub-segmentation of the target market. The executive summary of the Revenue Cycle Management market research provides a quick overview of the market. It discusses the key sectors and companies projected to shape the market in the coming years. The executive summary provides a non-biased view of the market. It describes how the market's demand and supply will be affected by shifting demographics. It goes over the regulatory adjustments that are expected to change people's buying behavior.


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COVID-19 Pandemic Impact Analysis

This Revenue Cycle Management market study discusses the impact of the COVID-19 pandemic on macro and micro aspects of business, hurdles encountered by each sector, and continuous efforts to turn this crisis into an opportunity. The research report also discusses government policies for recovering the economy in detail, in order to assist businesses in expanding or entering new markets, as well as introducing new products and services.


Competitive Analysis

This section of the research study focuses on the market's leading players and competitive landscape. The Revenue Cycle Management market study provides a list of strategic efforts undertaken by companies in recent years, as well as those anticipated in the near future. The financial prospects of these companies, their research and development activities, and their expansion plans for the near future have all been noted by researchers. The global market research report is a serious endeavor to provide interested readers with a thorough view of the market.


Market participants such as : The SSI Group, Inc., AllScripts Healthcare, LLC, Experian Health, R1 RCM Inc., McKesson Corporation, athenahealth, Inc., Epic Systems Corporation, NXGN Management, LLC, CareCloud Corporation, Quest Diagnostics, Inc., and R1 RCM Inc.


Key Reason to buy this Revenue Cycle Management Market Research Report

  • It provides analytical data along with strategic planning approaches to help businesses make informed decisions.


  • The market's dynamics, such as drivers, restraints, trends, and opportunities, are examined by researchers.

 

  • It provides a wealth of information on current events that will have an impact on the market's overall performance.

 

  • It includes regional analysis of the global market as well as corporate profiles of various stakeholders.

 

Read  More :

https://www.medgadget.com/2021/02/breastfeeding-accessories-market-size-is-projected-to-reach-3-20-billion-by-2028-cagr-9-1-polaris-market-research.html

https://www.medgadget.com/2021/02/dried-blood-spot-collection-cards-market-to-surpass-339-5-million-by-2027-exclusive-study-by-polaris-market-research.html

https://www.medgadget.com/2021/03/organoids-and-spheroids-market-size-worth-2-47-billion-by-2028-cagr-22-8-polaris-market-research.html

 

Wednesday, 3 November 2021

Revenue Cycle Management Market With Business Strategies And Analysis To 2028

 The global revenue cycle management market size is expected to reach USD 613.45 billion by 2028 according to a new study by Polaris Market Research. The report “Revenue Cycle Management Market Share, Size, Trends, Industry Analysis Report, By Product Type (Software, Services); By Type (Integrated, Standalone); By Delivery Mode (On-premise, Web-based, Cloud based); By End-Use (Physician Offices, Hospitals, Diagnostic Laboratories); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Major advantages in outsourcing revenue cycle management services are the availability of skilled professionals, compliance, regulations, and cost-effective services. Owing to such advantages, there is an increasing trend of outsourcing revenue cycle management services over the past few years.

 

For instance, according to the research done by the Med-USA, around two-thirds of the healthcare facilities are using outsourcing services for their daily workflow management. Hence, increasing adoption of such systems is likely to garner high revenue generation during the revenue cycle management study period.

 

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However, lack of a proper reimbursement system among insurance providers and other stakeholders and lack of trust in government and private insurers is one of the hurdles in the market growth. For instance, according to the research done by the Healthcare Financial Management Association (HFMA), the average time required to reimburse payment by Medicare or Medicaid is around 28 days, while private insurers take twice more time in the processing of claims. Such delay and plausible discrepancies in reimbursement are creating hurdles in the adoption of such services.

 

Asia Pacific market for revenue cycle management is expected to witness a lucrative growth rate over the market assessment period. Rising healthcare expenditure, unmet medical needs of the population, and supportive government initiatives are the key market factors primarily responsible for the market growth for revenue cycle management.

 

Moreover, the region comprises of two most populous nations, India, and China, where there is an urgent need to offer necessary medical attention at a reasonable cost for the ever-rising lifestyle-borne chronic conditions. Thus, this high-impact rendering driver is expected to boost market demand for revenue cycle management systems.

 

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Market companies operating in the revenue cycle management industry The SSI Group, Inc., AllScripts Healthcare, LLC, Experian Health, R1 RCM Inc., McKesson Corporation, athenahealth, Inc., Epic Systems Corporation, NXGN Management, LLC, CareCloud Corporation, Quest Diagnostics, Inc., and R1 RCM Inc.

 

Polaris Market Research has segmented the revenue cycle management market report on the basis of product, type, delivery mode, end-use, and region:

 

Revenue Cycle Management, Product Outlook (Revenue – USD Million, 2016 – 2028)

  • Software
  • Services

Revenue Cycle Management, Type Outlook (Revenue – USD Million, 2016 – 2028)

  • Integrated
  • Standalone

Revenue Cycle Management, Delivery Mode Outlook (Revenue – USD Million, 2016 – 2028)

  • On-premise
  • Web-based
  • Cloud based

Revenue Cycle Management, End Use Outlook (Revenue – USD Million, 2016 – 2028)

  • Physician Offices
  • Hospitals
  • Diagnostic Laboratories
  • Others