Press release
Revenue Cycle Management Software Market To See Stunning Growth By 2031 | Accretive Health, Billing Blues, 3M Health Information Systems, QWay Health
Revenue Cycle Management Software Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The revenue cycle management software market research report helps gain a truly global perspective of the revenue cycle management software industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the revenue cycle management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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The revenue cycle management software market consists of sales of revenue cycle management software services by entities (organizations, sole traders and partnerships) that provide revenue cycle management, which is the financial process, utilizing medical billing software, that healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. Only goods and services traded between entities or sold to end consumers are included.
Key competitors in the revenue cycle management software market include Accretive Health, Billing Blues, 3M Health Information Systems, QWay Health, MedSecretery, Medserv, Medical Accounting Services, Patient Billing, R1 RCM and Australian Medical Billing Service.
The global revenue cycle management software market size is expected to grow from $41.72 billion in 2021 to $46.14 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The RCM software market is expected to reach $69.16 billion in 2026 at a CAGR of 10.6%.
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TBRC’s report segments the global revenue cycle management software market:
1) By Product: Integrated, Standalone
2) By Function: Claim and Denial, Medical Billing and Coding, Patient Insurance Eligibility Check, Payment Remittance, Electronic Health Record (EHR), Clinical Documentation Improvement (CDI), Others
3) By Deployment: Web-Based, On Premise, Cloud-Based
Read Further On The Revenue Cycle Management Software Market Here:
https://www.thebusinessresearchcompany.com/report/revenue-cycle-management-software-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Revenue Cycle Management Software Market Characteristics
3. Revenue Cycle Management Software Market Trends And Strategies
4. Impact Of COVID-19 On Revenue Cycle Management Software
5. Revenue Cycle Management Software Market Size And Growth
.....
27. Revenue Cycle Management Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Revenue Cycle Management Software Market
29. Revenue Cycle Management Software Market Future Outlook and Potential Analysis
30. Appendix
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