Cover Image
Market Research Report
Product code 
1033746

Global Revenue Cycle Management/RCM Market Size study, by Product & Services, by Delivery Mode, by End User, and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

Price

Back to Top
Global Revenue Cycle Management/RCM Market Size study, by Product & Services, by Delivery Mode, by End User, and Regional Forecasts 2021-2027
Published: October 5, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • ALL
  • Description
  • Table of Contents
Description

Global 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 & 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.

Geographically, 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.

Major market player included in this report are:

  • Optum
  • R1 Rcm, Inc.
  • Cerner Corporation
  • Change Healthcare
  • Mckesson Corporation
  • 3M
  • Experian PLC
  • Conifer Health Solutions
  • Allscripts Healthcare, LLC
  • GE Healthcare

The objective of the study is to define market sizes of different segments & 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 & 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:

By Product & Services:

  • Solutions
  • Outsourcing Services

By Delivery Mode:

  • On-premise Solutions
  • Cloud-based Solutions

By End User:

  • Healthcare Providers
  • Healthcare Payers
  • AudioRevenue Cycle Management/RCM

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

  • Historical year - 2018, 2019
  • Base year - 2020
  • Forecast period - 2021 to 2027.

Target Audience of the Global Revenue Cycle Management/RCM Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors
Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Revenue Cycle Management/RCM Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Revenue Cycle Management/RCM Market, by Product & Services, 2019-2027 (USD Billion)
    • 1.2.3. Revenue Cycle Management/RCM Market, by Delivery Mode, 2019-2027 (USD Billion)
    • 1.2.4. Revenue Cycle Management/RCM Market, by End User, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Revenue Cycle Management/RCM Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Revenue Cycle Management/RCM Market Dynamics

  • 3.1. Revenue Cycle Management/RCM Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rise in patient volume and subsequent increase in health insurance
      • 3.1.1.2. Increasing requirement to manage unstructured healthcare data
    • 3.1.2. Market Restraint
      • 3.1.2.1. High deployment costs
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Increasing demand for AI & cloud-based deployment

Chapter 4. Global Revenue Cycle Management/RCM Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Revenue Cycle Management/RCM Market, by Product & Services

a. Market Snapshot

  • 5.1. Global Revenue Cycle Management/RCM Market by Product & Services, Performance - Potential Analysis
  • 5.2. Global Revenue Cycle Management/RCM Market Estimates & Forecasts by Product & Services 2018-2027 (USD Billion)
  • 5.3. Revenue Cycle Management/RCM Market, Sub Segment Analysis
    • 5.3.1. Solutions
    • 5.3.2. Outsourcing Services

Chapter 6. Global Revenue Cycle Management/RCM Market, by Delivery Mode

b. Market Snapshot

  • 6.1. Global Revenue Cycle Management/RCM Market by Delivery Mode, Performance - Potential Analysis
  • 6.2. Global Revenue Cycle Management/RCM Market Estimates & Forecasts by Delivery Mode 2018-2027 (USD Billion)
  • 6.3. Revenue Cycle Management/RCM Market, Sub Segment Analysis
    • 6.3.1. On-premise Solutions
    • 6.3.2. Cloud-based Solutions

Chapter 7. Global Revenue Cycle Management/RCM Market, by End User

c. Market Snapshot

  • 7.1. Global Revenue Cycle Management/RCM Market by End User, Performance - Potential Analysis
  • 7.2. Global Revenue Cycle Management/RCM Market Estimates & Forecasts by End User 2018-2027 (USD Billion)
  • 7.3. Revenue Cycle Management/RCM Market, Sub Segment Analysis
    • 7.3.1. Healthcare Providers
    • 7.3.2. Healthcare Payers

Chapter 8. Global Revenue Cycle Management/RCM Market, Regional Analysis

  • 8.1. Revenue Cycle Management/RCM Market, Regional Market Snapshot
  • 8.2. North America Revenue Cycle Management/RCM Market
    • 8.2.1. U.S. Revenue Cycle Management/RCM Market
      • 8.2.1.1. Product & Services breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Delivery Mode breakdown estimates & forecasts, 2018-2027
      • 8.2.1.3. End User breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Revenue Cycle Management/RCM Market
  • 8.3. Europe Revenue Cycle Management/RCM Market Snapshot
    • 8.3.1. U.K. Revenue Cycle Management/RCM Market
    • 8.3.2. Germany Revenue Cycle Management/RCM Market
    • 8.3.3. France Revenue Cycle Management/RCM Market
    • 8.3.4. Spain Revenue Cycle Management/RCM Market
    • 8.3.5. Italy Revenue Cycle Management/RCM Market
    • 8.3.6. Rest of Europe Revenue Cycle Management/RCM Market
  • 8.4. Asia-Pacific Revenue Cycle Management/RCM Market Snapshot
    • 8.4.1. China Revenue Cycle Management/RCM Market
    • 8.4.2. India Revenue Cycle Management/RCM Market
    • 8.4.3. Japan Revenue Cycle Management/RCM Market
    • 8.4.4. Australia Revenue Cycle Management/RCM Market
    • 8.4.5. South Korea Revenue Cycle Management/RCM Market
    • 8.4.6. Rest of Asia Pacific Revenue Cycle Management/RCM Market
  • 8.5. Latin America Revenue Cycle Management/RCM Market Snapshot
    • 8.5.1. Brazil Revenue Cycle Management/RCM Market
    • 8.5.2. Mexico Revenue Cycle Management/RCM Market
  • 8.6. Rest of The World Revenue Cycle Management/RCM Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Optum
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. R1 Rcm, Inc.
    • 9.2.3. Cerner Corporation
    • 9.2.4. Change Healthcare
    • 9.2.5. Mckesson Corporation
    • 9.2.6. 3M
    • 9.2.7. Experian PLC
    • 9.2.8. Conifer Health Solutions
    • 9.2.9. Allscripts Healthcare, LLC
    • 9.2.10. GE Healthcare

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 2. Global Revenue Cycle Management/RCM Market, report scope
  • TABLE 3. Global Revenue Cycle Management/RCM Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 4. Global Revenue Cycle Management/RCM Market estimates & forecasts by Product & Services 2018-2027 (USD Billion)
  • TABLE 5. Global Revenue Cycle Management/RCM Market estimates & forecasts by Delivery Mode 2018-2027 (USD Billion)
  • TABLE 6. Global Revenue Cycle Management/RCM Market estimates & forecasts by End User 2018-2027 (USD Billion)
  • TABLE 7. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. Global Revenue Cycle Management/RCM Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. Global Revenue Cycle Management/RCM Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. U.S. Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. U.S. Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. U.S. Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Canada Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. Canada Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. Canada Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. UK Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. UK Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. UK Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. Germany Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. Germany Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. Germany Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. France Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. France Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. France Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Spain Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Spain Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Spain Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Italy Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. Italy Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. Italy Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. ROE Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. ROE Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. ROE Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. China Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. China Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. China Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. India Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. India Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. India Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Japan Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Japan Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Japan Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. Australia Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 57. Australia Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. Australia Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. South Korea Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 60. South Korea Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. South Korea Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. ROPAC Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 63. ROPAC Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. ROPAC Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Brazil Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 66. Brazil Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Brazil Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. Mexico Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 69. Mexico Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. Mexico Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROLA Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 72. ROLA Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROLA Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. ROW Revenue Cycle Management/RCM Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 75. ROW Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 76. ROW Revenue Cycle Management/RCM Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 77. List of secondary sources used in the study of global Revenue Cycle Management/RCM Market.
  • TABLE 78. List of primary sources used in the study of global Revenue Cycle Management/RCM Market.
  • TABLE 79. Years considered for the study.
  • TABLE 80. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Revenue Cycle Management/RCM Market, research methodology
  • FIG 2. Global Revenue Cycle Management/RCM Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Revenue Cycle Management/RCM Market, key trends 2020
  • FIG 5. Global Revenue Cycle Management/RCM Market, growth prospects 2021-2027
  • FIG 6. Global Revenue Cycle Management/RCM Market, porters 5 force model
  • FIG 7. Global Revenue Cycle Management/RCM Market, pest analysis
  • FIG 8. Global Revenue Cycle Management/RCM Market, value chain analysis
  • FIG 9. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Revenue Cycle Management/RCM Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Revenue Cycle Management/RCM Market, regional snapshot 2018 & 2027
  • FIG 18. North America Revenue Cycle Management/RCM Market2018 & 2027 (USD Billion)
  • FIG 19. Europe Revenue Cycle Management/RCM Market2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Revenue Cycle Management/RCM Market2018 & 2027 (USD Billion)
  • FIG 21. Latin America Revenue Cycle Management/RCM Market2018 & 2027 (USD Billion)
  • FIG 22. Global Revenue Cycle Management/RCM Market, company market share analysis (2020)