Pune, India -- (SBWIRE) -- 04/25/2018 -- The World Healthcare Revenue Cycle Management Industry (RCM) is growing at a healthy pace. The market is expected to grow at the CAGR of 12.2% during the forecast period and is estimated to reach USD 43,500.0 million by 2027.

The Global Healthcare Revenue Cycle Management Industry has registered strong growth in recent years and expected to registered lucrative growth in upcoming years. The market for healthcare revenue cycle management (RCM) is growing at a healthy pace. RCM market is predicted to grow at a healthy CAGR of 12.2% during the forecast period and is estimated to reach USD 43,500.0 million by 2027. Market has witnessed certain barriers such as, limited availability of well-trained employ, professionals, and high cost of the software may slow the market growth over the review period.

Key Players for Global Healthcare Revenue Cycle Management (RCM) Market

Some of the major players in this market are: Epic Systems Corporation (US), McKesson Corporation (US), Cerner Corporation (US), General Electric Company (US), Allscripts (US), Quest Diagnostic (US), Siemens Healthcare (Germany), AdvantEdge Healthcare Solutions (US), CareCloud (US), Acelerartech (US) and 3M (US).

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Global Healthcare Revenue Cycle Management Market- Regional Analysis:

Based on region, the global healthcare revenue cycle management market is mainly divided into Americas, Europe, Asia Pacific, and Middle East & Africa. Americas dominates the global healthcare revenue cycle management (RCM) market due to high better healthcare infrastructure, healthcare revenue, and developed technology, adoption of the better management services and the presence of the leading players. Moreover, people in this region focus more on the health, which leads the increase in healthcare spending. To manage the increasing healthcare revenue, need for the healthcare RCM software and services has increased. According to the Centers for Medicare & Medicaid Services, in 2015, U.S. healthcare spending increased 5.8% reaching USD 3.2 trillion and the healthcare spending in the United States increased in 2014 was, $9,532 per person. According to the American Hospital Association, in 2016, total number of all US Registered Hospitals was 5,564. Increasing healthcare income and increasing number of hospitals have boosted the growth of the market in Americas. In addition to this, increasing government support for the development of the advanced software and well developed healthcare sector have fuelled the market growth of Americas.

Global Healthcare Revenue Cycle Management (RCM) market – Competitive: Analysis

As the market has registered lucrative growth and expected to registered strong growth in upcoming years, many players are expected to enter into the market. It has also been observed that, existing players are seen expanding their business and became more aggressive in market. There is a strong rivalry among existing players have been observed.

Many major players in RCM such as: Quest Diagnostic (US), Cerner Corporation (U.S.), Epic Systems Corporation (U.S.), Siemens Healthcare (Germany), General Electric Company (U.S.), Allscripts (U.S.), , AdvantEdge Healthcare Solutions (U.S.), CareCloud (U.S.), Acelerartech (U.S.), 3M (U.S.) and McKesson Corporation (U.S.).

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Major TOC Healthcare Revenue Cycle Management Market:

1 REPORT PROLOGUE

2 INTRODUCTION

1 REPORT PROLOGUE

2 INTRODUCTION

2.1 SCOPE OF STUDY

2.2 RESEARCH OBJECTIVE

2.3 ASSUMPTIONS & LIMITATIONS

2.3.1 ASSUMPTIONS

2.3.2 LIMITATIONS

2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGIES

1 REPORT PROLOGUE

2 INTRODUCTIONS

2.1 SCOPE OF STUDY

2.2 RESEARCH OBJECTIVE

2.3 ASSUMPTIONS & LIMITATIONS

2.3.1 ASSUMPTIONS

2.3.2 LIMITATIONS

2.4 MARKET STRUCTURE

& More… TOC Continue…!

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