Competitive Benchmarking and Vendor Forecasts for 2023-2027
The US revenue cycle management (RCM) market is forecasted to witness a humongous growth of USD 11,985.2 million with an accelerating growth at a CAGR of 9.94% between 2022 and 2027.
The growing need to reduce revenue leakages in healthcare systems, the rise in the adoption of electronic health records (EHR) in the US, and the increase in healthcare-related spending in the US are the determinants that contributed significantly to the market expansion Revenue Cycle Management (RCM) Market in the US.
Key Companies and their key offerings: When it comes to the key market placers in the market landscape some of the examples comprise.
Some of the prominent names worth mentioning include CareCloud Inc., Cognizant Technology Solutions Corp., Computer Programs and Systems Inc.,eClinicalWorks LLC, Epic Systems Corp., Experian Plc, International Business Machines Corp., Koch Industries Inc., McKesson Corp., Medical Information Technology Inc., Oncospark Inc., etc. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. Download a Sample Report
Revenue Cycle Management (RCM) Market In the US: Market Highlights
Quick Info: RCM is a financial procedure that healthcare facilities use to track patient care activities, right from registration and appointment scheduling to the final payment of the bill, making use of medical billing software. It links administrative data, such as patient name, insurance company, and other personal information, with the treatment a patient receives and his or her healthcare data, thereby integrating the business and clinical sides of healthcare.