Global Healthcare Revenue Cycle Management (RCM) Software Market to grow at a CAGR of 4.50% during the period 2017-2021

“The Report Global Healthcare Revenue Cycle Management (RCM) Software Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

The main objective of this report is to define, describe, and forecast the global “Healthcare Revenue Cycle Management (RCM) Software” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

About Healthcare Revenue Cycle Management (RCM) Software

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 The IT applications, such as hospital information system and EHR, have outdated technology platforms that lack advanced functionalities needed to address RCM issues.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.

Technavios analysts forecast the global Healthcare Revenue Cycle Management (RCM) Software market to grow at a CAGR of 4.50% during the period 2017-2021.

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 2017-2021. 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

Technavio’s report, Global Healthcare Revenue Cycle Management (RCM) Software Market 2017-2021, 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

Other prominent vendors

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

For a full, detailed list, view our report

Key questions answered in this report 

What will the market size be in 2021 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?

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