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Healthcare Revenue Cycle Management Market Share

Report ID: GMI1170
Published Date: Jan 2023
Report Format: PDF

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Healthcare Revenue Cycle Management Market Share

R1 RCM, Inc.
Experian Information Solutions, Inc.
Allscripts Healthcare, LLC
AGS Health Inc.
Athenahealth
Cerner Corporation
McKesson Corporation
CareCloud, Inc.
Conifer Health Solutions, LLC.
Change Healthcare
SSI group Formativ Health
Dell Technologies
Cognizant
Optum (The Advisory Board Company)
Medical Information Technology, Inc (Meditech)

are some key participants in the healthcare revenue cycle management market.

These companies majorly focus on strategic partnerships and product development to boost their market position. In July 2021, R1 RCM, a management services company, acquired VisitPay, a digital payment solution provider. The acquisition united VisitPay's best-in-class consumer payments platform with R1's renowned patient access technology, enabling a seamless financial journey for their patients.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global HRCM Market size was valued at more than USD 140 billion in 2022 and is set to progress at over 12.5% CAGR from 2023 to 2032 owing to supportive healthcare expenditure in developed as well as emerging economies.

The physician office segment is speculated to progress at over 14% CAGR between 2023 and 2032 due to the widespread utilization of billing and coding HRCM software for managing patient data.

The cloud-based segment is set to reach more than USD 378.5 billion by the end of 2032 as a result of prominent innovation in cloud-based solutions by key players operating in the market.

Europe HRCM market valuation is poised to surpass USD 130.5 billion by 2032, owing to an increasing demand for smoother financial management across healthcare facilities in the region.