Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a company to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.
Scope of the Report:
The global Healthcare RCM Outsourcing industry was 11713.04 million USD in 2017 and is projected to reach USD 22101.11 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 11.16% between 2017 and 2023. The market is driven by various end-users, such as small/rural hospitals, community hospitals, large hospitals & academic medical centers. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
The global Healthcare RCM Outsourcing market is valued at 13200 million USD in 2018 and is expected to reach 22100 million USD by the end of 2024, growing at a CAGR of 10.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Healthcare RCM Outsourcing.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Healthcare RCM Outsourcing market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Healthcare RCM Outsourcing market by product type and applications/end industries.
Market Segment by Companies, this report covers
Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI Group
Accretive Health (R1 RCM Inc)
Cerner
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Pre-intervention
Intervention
Post-intervention
Market Segment by Applications, can be divided into
Small/Rural Hospitals
Community Hospitals
Large Hospitals & Academic Medical Centers
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Healthcare RCM Outsourcing Market Overview
1.1 Product Overview and Scope of Healthcare RCM Outsourcing
1.2 Classification of Healthcare RCM Outsourcing by Types
1.2.1 Global Healthcare RCM Outsourcing Revenue Comparison by Types (2019-2024)
1.2.2 Global Healthcare RCM Outsourcing Revenue Market Share by Types in 2018
1.2.3 Pre-intervention
1.2.4 Intervention
1.2.5 Post-intervention
1.3 Global Healthcare RCM Outsourcing Market by Application
1.3.1 Global Healthcare RCM Outsourcing Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 Small/Rural Hospitals
1.3.3 Community Hospitals
1.3.4 Large Hospitals & Academic Medical Centers
1.4 Global Healthcare RCM Outsourcing Market by Regions
1.4.1 Global Healthcare RCM Outsourcing Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Healthcare RCM Outsourcing Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Healthcare RCM Outsourcing Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Healthcare RCM Outsourcing Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Healthcare RCM Outsourcing Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Healthcare RCM Outsourcing Status and Prospect (2014-2024)
1.5 Global Market Size of Healthcare RCM Outsourcing (2014-2024)
2 Manufacturers Profiles
2.1 Conifer Health Solutions
2.1.1 Business Overview
2.1.2 Healthcare RCM Outsourcing Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Conifer Health Solutions Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.2 nthrive (Medassets + Precyse)
2.2.1 Business Overview
2.2.2 Healthcare RCM Outsourcing Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 nthrive (Medassets + Precyse) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.3 optum360
2.3.1 Business Overview
2.3.2 Healthcare RCM Outsourcing Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 optum360 Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.4 GeBBS Healthcare
2.4.1 Business Overview
2.4.2 Healthcare RCM Outsourcing Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 GeBBS Healthcare Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.5 Change Healthcare (Emdeon)
2.5.1 Business Overview
2.5.2 Healthcare RCM Outsourcing Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Change Healthcare (Emdeon) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.6 McKesson RelayHealth
2.6.1 Business Overview
2.6.2 Healthcare RCM Outsourcing Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 McKesson RelayHealth Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.7 Parallon (HCA)
2.7.1 Business Overview
2.7.2 Healthcare RCM Outsourcing Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Parallon (HCA) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.8 MedData (Cardon Outreach)
2.8.1 Business Overview
2.8.2 Healthcare RCM Outsourcing Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 MedData (Cardon Outreach) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.9 MedAssist (Firstsource)
2.9.1 Business Overview
2.9.2 Healthcare RCM Outsourcing Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 MedAssist (Firstsource) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.10 Availity
2.10.1 Business Overview
2.10.2 Healthcare RCM Outsourcing Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Availity Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.11 The SSI Group
2.11.1 Business Overview
2.11.2 Healthcare RCM Outsourcing Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 The SSI Group Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.12 Accretive Health (R1 RCM Inc)
2.12.1 Business Overview
2.12.2 Healthcare RCM Outsourcing Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Accretive Health (R1 RCM Inc) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
2.13 Cerner
2.13.1 Business Overview
2.13.2 Healthcare RCM Outsourcing Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Cerner Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2018)
3 Global Healthcare RCM Outsourcing Market Competition, by Players
3.1 Global Healthcare RCM Outsourcing Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Healthcare RCM Outsourcing Players Market Share
3.2.2 Top 10 Healthcare RCM Outsourcing Players Market Share
3.3 Market Competition Trend
4 Global Healthcare RCM Outsourcing Market Size by Regions
4.1 Global Healthcare RCM Outsourcing Revenue and Market Share by Regions
4.2 North America Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
4.3 Europe Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
4.5 South America Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
5 North America Healthcare RCM Outsourcing Revenue by Countries
5.1 North America Healthcare RCM Outsourcing Revenue by Countries (2014-2019)
5.2 USA Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
5.3 Canada Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
5.4 Mexico Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
6 Europe Healthcare RCM Outsourcing Revenue by Countries
6.1 Europe Healthcare RCM Outsourcing Revenue by Countries (2014-2019)
6.2 Germany Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
6.3 UK Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
6.4 France Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
6.5 Russia Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
6.6 Italy Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Healthcare RCM Outsourcing Revenue by Countries
7.1 Asia-Pacific Healthcare RCM Outsourcing Revenue by Countries (2014-2019)
7.2 China Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
7.3 Japan Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
7.4 Korea Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
7.5 India Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
8 South America Healthcare RCM Outsourcing Revenue by Countries
8.1 South America Healthcare RCM Outsourcing Revenue by Countries (2014-2019)
8.2 Brazil Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
8.3 Argentina Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
8.4 Colombia Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Healthcare RCM Outsourcing by Countries
9.1 Middle East and Africa Healthcare RCM Outsourcing Revenue by Countries (2014-2019)
9.2 Saudi Arabia Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
9.3 UAE Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
9.4 Egypt Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
9.5 Nigeria Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
9.6 South Africa Healthcare RCM Outsourcing Revenue and Growth Rate (2014-2019)
10 Global Healthcare RCM Outsourcing Market Segment by Type
10.1 Global Healthcare RCM Outsourcing Revenue and Market Share by Type (2014-2019)
10.2 Global Healthcare RCM Outsourcing Market Forecast by Type (2019-2024)
10.3 Pre-intervention Revenue Growth Rate (2014-2024)
10.4 Intervention Revenue Growth Rate (2014-2024)
10.5 Post-intervention Revenue Growth Rate (2014-2024)
11 Global Healthcare RCM Outsourcing Market Segment by Application
11.1 Global Healthcare RCM Outsourcing Revenue Market Share by Application (2014-2019)
11.2 Healthcare RCM Outsourcing Market Forecast by Application (2019-2024)
11.3 Small/Rural Hospitals Revenue Growth (2014-2019)
11.4 Community Hospitals Revenue Growth (2014-2019)
11.5 Large Hospitals & Academic Medical Centers Revenue Growth (2014-2019)
12 Global Healthcare RCM Outsourcing Market Size Forecast (2019-2024)
12.1 Global Healthcare RCM Outsourcing Market Size Forecast (2019-2024)
12.2 Global Healthcare RCM Outsourcing Market Forecast by Regions (2019-2024)
12.3 North America Healthcare RCM Outsourcing Revenue Market Forecast (2019-2024)
12.4 Europe Healthcare RCM Outsourcing Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Healthcare RCM Outsourcing Revenue Market Forecast (2019-2024)
12.6 South America Healthcare RCM Outsourcing Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Healthcare RCM Outsourcing Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Healthcare RCM Outsourcing Picture
Table Product Specifications of Healthcare RCM Outsourcing
Table Global Healthcare RCM Outsourcing and Revenue (Million USD) Marke