The report covers the present scenario and the growth prospects of the global Healthcare Revenue Cycle Management (RCM) Software market for 2018-2023. To calculate the market size, the report considers the revenues generated from the sale of RCM solutions that include software suits, which are standalone and integrated solutions across the globe.

Houston, TX -- (SBWire) -- 07/24/2018 --Healthcare service providers deploy automated systems to address the RCM processes and to fill the payment gap that arises from the processes of medical billing and collections. The IT applications, such as hospital information system and EHR, have outdated technology platforms that lack advanced functionalities needed to address RCM issues. Hospitals and health systems prefer to outsource the RCM services due to the issues pertaining to revenue cycle processes and workflows.

This market report offers a comprehensive analysis of the global Healthcare Revenue Cycle Management Software Market. This report focused on Healthcare Revenue Cycle Management Software market past and present growth globally. Furthermore, each section in this report includes expert insights that will help to address the problem areas experienced in supply chain issues. To make the report easy to understand, the study features graphics, charts, and infographics.

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About Healthcare Revenue Cycle Management (RCM) Software

The analysts forecast the global Healthcare Revenue Cycle Management (RCM) Software market to grow at a CAGR of 4.50% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global Healthcare Revenue Cycle Management (RCM) Software market for 2018-2023. To calculate the market size, the report considers the revenues generated from the sale of RCM solutions that include software suits, which are standalone and integrated solutions across the globe.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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The report, Global Healthcare Revenue Cycle Management (RCM) Software Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

KEY VENDORS:
Allscripts, Cerner, GE Healthcare, McKesson, Alleviant, athenahealth, Avadyne Health, MedData, MediRevv, Navigant Cymetrix, nThrive, OPTUM, SourceMed, ZirMed, Market driver.

Increase in recovery audits due to changing healthcare regulations
For a full, detailed list, view our report
Market challenge
Selection of vendors to meet specific needs
For a full, detailed list, view our report

MARKET TREND
Strong clinical network connectivity with medical practitioners
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Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

PRESS RELEASE

Announces the Publication of its Research Report – Global Healthcare Revenue Cycle Management (RCM) Software Market 2018-203

Recognizes the following companies as the key players in the global healthcare revenue cycle management (RCM) software market: Allscripts, Cerner, GE Healthcare, and McKesson.

Other Prominent Vendors in the market are: Alleviant, Athenahealth, Avadyne Health, MedData, MediRevv, Navigant Cymetrix, nThrive, OPTUM, SourceMed, and ZirMed.

The latest trend gaining momentum in the market is strong clinical network connectivity with medical practitioners. Clinical integration is the coordination in the healthcare network across functions, people, and activities. Clinical integration with physicians enables the healthcare companies to enhance the efficiency and quality of the healthcare system. Successful clinical integration between physicians and hospitals helps build a payment model as it takes both quality and cost into consideration. Clinical information can be completely integrated with EHR for the transition to new payment models."

According to the report, one of the major drivers for this market is increase in recovery audits due to changing healthcare regulations. Healthcare service providers are under constant pressure caused by the change in government regulations in the healthcare sector. They are experiencing a rise in the cost of operations and a reduction in revenues. In addition, the revenue of the provider is under continuous scrutiny and audit by recovery audit contractors.

Further, the report states that one of the major factors hindering the growth of this market is selection of vendors to meet specific needs. The availability of RCM software vendors that are not solely focused on the healthcare sector makes the selection of the right vendor difficult. For optimizing RCM, prior experience in the healthcare sector is mandatory. Often, vendors with broad insurance experiences that are not specific to the healthcare sector take up hospital contracts. These service providers are unlikely to grasp the healthcare functions, placing the hospitals at a risk of underperforming or even regulatory compliance violations."

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Analysts additionally meditated every factor that might be used to distinguish drivers, boundaries, opportunities and threats of the Global Healthcare Revenue Cycle Management Software Market. Some of those influences include annual sales, key segments, production potential and new products. Industry standards are also documented for Market analysis.
The report gives distinct facts concerning the overall performance of the gem nice diamonds market in every key local section. The North America, Europe, Asia-Pacific, Latin America, and the Middle-East and Africa are the key nearby Healthcare Revenue Cycle Management Software markets studied within the file.

A phase containing remarkable certain information about all of the influential players operating in the market has also been protected within the file, giving readers and businesses get entry to records along with challenges faced by using the agencies, the increase techniques applied, the latest tendencies said by means of them, and the financial and commercial enterprise review of the employer.

Table of Contents

Global Healthcare Revenue Cycle Management Software Market Research Report

Chapter 1 Global Healthcare Revenue Cycle Management Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Healthcare Revenue Cycle Management Software Market Competition by Manufacturers, Analyze The Top Manufacturers of Healthcare Revenue Cycle Management Software Market
Chapter 4 Global Production, Potentially Growing Significant Business Opportunities with Potential Analysis
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Rising Trends and New Technologies with key players
Chapter 7 Global Healthcare Revenue Cycle Management Software Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Technology Progress, Development Process and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Healthcare Revenue Cycle Management Software Market Effect Factors Analysis, Distributors, Dealers, Research Findings, Appendix and Data Source

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