Revenue cycle management (RCM) software has become essential in all sectors as it automates the several tasks associated with payroll, employee data, and benefits administration. However, the recent growth of the RCM software market is because of the huge growth opportunities created by expanding SMEs across regions. Increasing demand for workflow optimization in healthcare organizations and innovative synchronized management software systems is anticipated to boost market growth.
Data Bridge Market Research analyses that the revenue cycle management (RCM) market, which was USD 46.62 billion in 2022, would rise to USD 133 billion by 2030 and is expected to undergo a CAGR of 14% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The revenue cycle management (RCM) market is segmented on the basis of product type, function, deployment, component and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Integrated RCM
- Standalone RCM
Function
- Claims and denial management
- Medical coding and billing
- Electronic health record (EHR)
- Clinical documentation improvement (CDI)
- Insurance
- Others
Organization size
- Software
- Services
Deployment Model
- Cloud
- On premise
- Web based
End user
- Hospitals
- General physicians
- Others
Highlight of Table of Content:
· Chapter 1: Market overview
· Chapter 2: Global Revenue Cycle Management (RCM) Market analysis
· Chapter 3: Regional analysis of the Global Revenue Cycle Management (RCM) Market
· Chapter 4: Market segmentation based on types and applications
· Chapter 5: Revenue analysis based on types and applications
· Chapter 6: Market share
· Chapter 7: Competitive Landscape
· Chapter 8: Drivers, Restraints, Challenges, and Opportunities
· Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the revenue cycle management (RCM) market are:
- Oracle Corporation (U.S.)
- SAP SE (Germany)
- International Business Machines Corporation (U.S.)
- NetSuite Inc. (U.S.)
- Workday, Inc. (U.S.)
- ADP, LLC (U.S.)
- Cornerstone OnDemand (U.S.)
- Benefitfocus Inc. (U.S.)
- BambooHR (U.S)
- PeopleFluent (U.S)
- Zoho Corporation (India)
- WebHR (U.S)
- CakeHR (U.K)
- Epicor Software Corporation (U.S)
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Global Revenue Cycle Management (RCM) Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2029?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Medical Gloves Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Global Revenue Cycle Management (RCM) Market?
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