Healthcare Revenue Cycle Management Market To Hit $100bn By 2024: Global Market Insights Inc.

Iam thank you because your visit in the my website with title Healthcare Revenue Cycle Management Market To Hit $100bn By 2024: Global Market Insights Inc.. Happy reading

Ocean View, Delaware, March 13, 2017 (GLOBE NEWSWIRE) --

The industry trends report

Healthcare Revenue Cycle Management Market

Size By Product (Integrated, Standalone), By Deployment (On-Premise, Cloud Based), By Component (Services, Software), By End User (Hospitals, Physicians, Diagnostic & Ambulatory Care Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Brazil, Mexico, South Africa, Saudi Arabia), Growth Potential, Competitive Market Share & Forecast, 2016 - 2024” by Global Market Insights, Inc. says Healthcare Revenue Cycle Management Market size is poised to surpass USD 100 billion by 2024.

The growing government and private insurance shift from volume to value-based healthcare, demand to reduce billing errors and implementation of big data analytics should drive the healthcare revenue cycle management market. A steady stream of government compliance requirements such as ICD-10 transition and HIPAA v5010; and increased fraudulence screening are generating demand for more robust solutions.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1170

HRCM is recognized as the most important system in a healthcare technology infrastructure. Healthcare providers employ certified Electronic Health Records (EHR) and automated practice management to save cost by reducing the number of denied claims and enabling patients to pay bills online. Introduction of advanced automated solutions have helped clinical and front desk staff, providers, and coders & billers to increase performance level and save time. With increasing business, patients are using multiple channels to make payments for the services received at clinic or hospitals. Increasing number of benefits will stimulate the healthcare revenue cycle management market growth over the forecast timeline.

Integrated solutions should be the major revenue generating segment in 2015 due to enhanced operational capabilities and streamlined financial and clinical systems with greater insights into costs, treatments, and outcomes. Healthcare revenue cycle management market services are forecast to be the leading component segment owing to stability provided over frequently updating software.

Cloud based solutions held over 75% of the 2015 healthcare revenue cycle management market share due to adoption of electronic health records for efficient data mining and accurate assessment of the health information. Increased demand for accountable care participation, reimbursement and payment reforms, ICD-10 coding challenges, and declining revenue will drive the industry by 2024.

Browse key industry insights spread across 110 pages with 104 market data tables & 9 figures & charts from this 2017 report

Healthcare Revenue Cycle Management Market in detail along with the table of contents at:      

https://www.gminsights.com/industry-analysis/healthcare-revenue-cycle-management-market

U.S. healthcare revenue cycle management market is forecast to rise significantly over the coming years. Increased funding and insurance coverage has expanded Medicaid coverage and introduced mandatory health insurance under the Affordable Care Act. This is set to boost the demand for these solutions in the region.

Germany healthcare revenue cycle management market share accounted for more than 20% of overall European revenue in 2015 owing to increasing healthcare spending. Emergence of big data analytics, business digitalization, and favorable government regulations are some of the factors driving business growth.

China healthcare revenue cycle management market size will witness robust growth of over 15% from 2016 to 2024, due to increase in the IT skills, sustainable economic growth and increasing health insurance demand. Japan healthcare revenue cycle management market is expected to surpass USD 6 billion by 2024 due to increasing use of cloud systems among small hospitals and clinics and increased acceptance of these solutions among the medical fraternity.

Brazil healthcare revenue cycle management market was valued over USD 650 million in 2015, growing at 13% CAGR from 2016 to 2024. Increasing government and private investment in healthcare information technology coupled with rising life expectancy is expected to witness promising growth over the forecast period.

The industry is primarily driven by strategic acquisitions coupled with new product launches and frequent upgrades in existing platforms. Major industry players are targeting niche services to gain access and strengthen position in high growth verticals and high profitable areas.

Some of the major companies operating in the Healthcare Revenue Cycle Management Industry include Cerner, Athenahealth, Allscripts, Siemens, CareCloud, GE Healthcare, McKesson, Experian and Quest Diagnostics.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1170

Healthcare revenue cycle management market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD billion from 2012 to 2024, for the following segments:

Healthcare revenue cycle management market by product

  • Integrated
  • Standalone

Healthcare revenue cycle management market by deployment

  • On Premise
  • Cloud Based

Healthcare revenue cycle management market by component

  • Services
  • Software

Healthcare revenue cycle management market by end user

  • Hospital
  • Physician
  • Diagnostics and ambulatory care centers

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

Browse Related Reports:

  • Dental Practice Management Software Market Size By Component (Scheduling, Patient Communication, Invoicing/ Billing, Payment Processing, Electronic Claims, Dashboard), By Deployment Mode (On-premise, Web-based, Cloud-based), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Japan, China, India), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

      https://www.gminsights.com/industry-analysis/dental-practice-management-software-market

  • Digital Health Market Size By Technology [Telehealthcare {Telecare (Activity Monitoring, Remote Medication Management), Telehealth (LTC Monitoring, Video Consultation)}, mHealth {Wearables (BP Monitor, Glucose Meter, Pulse Oximeter, Sleep Apnea Monitor, Neurological Monitor), Apps (Medical, Fitness)}, Digital Health System (EHR, e-prescribing System)], Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Spain, Italy, Russia, Poland, Japan, China, India, Australia, Brazil, Mexico, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

       https://www.gminsights.com/industry-analysis/digital-health-market

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

Blog: https://gminsights.wordpress.com

Connect with us: Facebook | Google+ | LinkedIn | Twitter

Source : https://globenewswire.com/news-release/2017/03/13/934880/0/en/Healthcare-Revenue-Cycle-Management-Market-to-hit-100bn-by-2024-Global-Market-Insights-Inc.html

Thanks you for read my article Healthcare Revenue Cycle Management Market To Hit $100bn By 2024: Global Market Insights Inc.
Healthcare Revenue Cycle Management Market to hit $100bn by 2024: Global Market Insights Inc.
Cardinal Health (CAH) Q3 2018 Results - Earnings Call Transcript
Rio's financial crisis reveals the moral bankruptcy of the Olympics
Krugman is worried - and so am I
Healthcare Analytics Market to hit $16bn by 2024: Global Market Insights, Inc.
Recap: Markets Endure More Wild Swings
Medicare and Medicaid Programs; CY 2015 Home Health Prospective Payment System Rate Update; Home Health Quality Reporting Requirements; and Survey…
Aetna, Inc. (AET)
Buy Low, Sell High
Election promises are there for the breaking