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Revenue Cycle Management Market

According to the report, the global revenue cycle management market accounted for USD 23.40 billion in 2016 and is expected to reach around USD 43.80 billion by 2022, growing at a CAGR of around 11.0

According to the report, the global revenue cycle management market accounted for USD 23.40 billion in 2016 and is expected to reach around USD 43.80 billion by 2022, growing at a CAGR of around 11.0

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Published By: Zion <strong>Market</strong> Research<br />

<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> by Product (Integrated and Standalone) by Component (Services and Software) and by<br />

Deployment (Web-Based On-Premise and Cloud-Based Systems) For Physician, Hospitals, Medical and Diagnostic<br />

Laboratories, and Others - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and<br />

Forecast, 2016 - 2022<br />

Contact Us:<br />

4283, Express Lane, Suite 634-143,<br />

Sarasota, Florida 34249, United States<br />

Tel: +1-386-310-3803 GMT<br />

Tel: +49-322 210 92714<br />

USA/Canada Toll Free No.1-855-465-4651<br />

sales@zionmarketresearch.com


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

According to the report, the global revenue cycle management market accounted for USD 23.40<br />

billion in 2016 and is expected to reach around USD 43.80 billion by 2022, growing at a CAGR of<br />

around 11.0% between 2017 and 2022.<br />

<strong>Revenue</strong> cycle management in healthcare is a process of managing claim process, payment, and<br />

revenue generation. <strong>Revenue</strong> cycle management helps a medical practice to increase the revenue by<br />

proper claim management. The four player which involved in revenue cycle management of<br />

healthcare system includes patients, healthcare providers, billing company and insurance player.<br />

Request For Free Sample Report: https://goo.gl/TxyF3E<br />

Increasing awareness regarding revenue cycle management is one of the major driving factors for<br />

global revenue cycle management market. Furthermore, the need of improvement in health care<br />

organization coupled with increasing government initiatives for implementing RCM solutions are<br />

some other factors that are influencing the overall revenue cycle management market.However, the<br />

high cost of technology is a major restrain the growth of RCM market. Nonetheless, ongoing research<br />

and development and adoption of new and updated versions of RCM solution can create<br />

opportunities nearby future.


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

Based on product, RCM market is segmented into two types: integrated and standalone. An<br />

integrated management system integrates all of an organization’s systems and processes into one<br />

complete framework, which allows the organization to work as a single unit with unified objectives.<br />

Inquiry more about this report: https://goo.gl/NYJvfz<br />

Based on the component, RCM market is segmented into two types: service and software. The<br />

services segment accounted for the largest share of the market in 2016. This growth is attributed due<br />

to increasing reliability on maintenance of software. RCM software required yearly updating or<br />

annual subscription which considered as the major driving factor for the growth of the services<br />

segment in RCM market.<br />

Based on deployment, the global revenue cycle management market is classified into three types:<br />

web-based, on-premises and cloud based system. Web-based system accounted for the largest market<br />

share in 2016. This growth is attributed due to the wide adoption of mobile support system in<br />

healthcare.<br />

Based on end-user, the global revenue cycle management market is classified into four types:<br />

physician or consultant, hospital, medical and diagnostic laboratories and others. Physician segment<br />

expected to account for the largest share of the market in 2022. This growth is accredited due to<br />

increasing number of patients visiting physician or consultants. In addition, rising demand for<br />

healthcare insurance are the major factors contributing to the growth of this segment.


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

Browse the full "<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> by Product (IntegratedandStandalone) by<br />

Component (Services and Software) and by Deployment (Web-BasedOn-PremiseandCloud-Based<br />

Systems) For Physician, Hospitals, Medical and Diagnostic Laboratories, and Others - Global<br />

Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and<br />

Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/revenue-cyclemanagement-market<br />

Based on geographies, the global revenue cycle management market is segmented into five regions:<br />

North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. These regions<br />

are further sub-segmented into the U.S., the U.K., Germany, France, China, Japan, India, and<br />

Brazil. North America accounted for the largest share of the global revenue cycle management<br />

market, followed by Europe.This growth is attributed due to rising awareness related to health care in<br />

this region.Moreover, revenue cycle management market has a huge opportunity in the emerging<br />

markets of Asia-Pacific region due to the large pool of patient, development of advance healthcare<br />

infrastructure in this region.<br />

The report covers detailed competitive outlook including the market share and company profiles of<br />

the key participants operating in the global revenue cycle management market include Quest<br />

Diagnostics, Cerner Corporation, McKesson Corporation, Athenahealth Inc., Allscripts Healthcare<br />

Solutions Inc., eClinicalWorks LLC, CareCloud Corporation, The SSI Groups Inc., GE Healthcare,<br />

Epic Systems, and Siemens Healthcare.


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

Table of Contents<br />

<br />

<br />

Chapter 1. Introduction<br />

o 1.1. Report Description And Scope<br />

o 1.2. Research Scope<br />

o 1.3. Research Methodology<br />

• 1.3.1. <strong>Market</strong> Research Process<br />

• 1.3.2. <strong>Market</strong> Research Methodology<br />

Chapter 2. Executive Summary<br />

o 2.1. Global <strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong>, 2016 – 2022 (USD Billion)<br />

o 2.2. Global <strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong>: Snapshot<br />

Browse the full "<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> by Product (IntegratedandStandalone) by<br />

Component (Services and Software) and by Deployment (Web-BasedOn-PremiseandCloud-Based<br />

Systems) For Physician, Hospitals, Medical and Diagnostic Laboratories, and Others - Global<br />

Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and<br />

Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/revenue-cyclemanagement-market<br />

<br />

Chapter 3. <strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> – <strong>Market</strong> Dynamics<br />

o 3.1. Introduction<br />

o 3.2. Value Chain Analysis<br />

o 3.3. <strong>Market</strong> Drivers<br />

• 3.3.1. Global <strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> Drivers: Impact Analysis<br />

• 3.3.2. Reduction Of Overall Healthcare Cost<br />

• 3.3.3. Decreasing Reimbursements


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

o 3.4. <strong>Market</strong> Restraints<br />

• 3.4.1. Global <strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> Restraints: Impact Analysis<br />

• 3.4.2. Limited Investment In Healthcare IT<br />

o 3.5. Opportunities<br />

• 3.5.1. Covering Untapped <strong>Market</strong><br />

o 3.6. Porter’s Five Forces Analysis<br />

• 3.6.1. Bargaining Power Of Suppliers<br />

• 3.6.2. Bargaining Power Of Buyers<br />

• 3.6.3. Threat From New Entrants<br />

• 3.6.4. Threat From New Substitutes<br />

• 3.6.5. Degree Of Competition<br />

o 3.7. <strong>Market</strong> Attractiveness Analysis<br />

• 3.7.1. <strong>Market</strong> Attractiveness Analysis, By Product Segment<br />

• 3.7.2. <strong>Market</strong> Attractiveness Analysis, By Components Segment<br />

• 3.7.3. <strong>Market</strong> Attractiveness Analysis, By Deployment Segment<br />

• 3.7.4. <strong>Market</strong> Attractiveness Analysis, By End-User Segment<br />

• 3.7.5. <strong>Market</strong> Attractiveness Analysis, By Regional Segment


<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong><br />

Browse the full "<strong>Revenue</strong> <strong>Cycle</strong> <strong>Management</strong> <strong>Market</strong> by Product (IntegratedandStandalone) by<br />

Component (Services and Software) and by Deployment (Web-BasedOn-PremiseandCloud-Based<br />

Systems) For Physician, Hospitals, Medical and Diagnostic Laboratories, and Others - Global<br />

Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and<br />

Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/revenue-cyclemanagement-market<br />

Zion <strong>Market</strong> Research<br />

Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />

Tel: +1-386-310-3803 GMT<br />

+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />

Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com

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