Healthcare Revenue Cycle Management Market Share, Industry Statistics, Forecast Analysis, 2024

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Healthcare Revenue Cycle Management Market Share,
Industry Statistics, Forecast Analysis, 2024
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Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Healthcare Revenue Cycle
Management Market

• Healthcare Revenue Cycle Management Market size
  is set to register a CAGR of 11 over the period
  of 2016-2024.
• Healthcare revenue cycle management market size
  is poised to witness a remarkable growth over the
  coming seven years.
• HRCM is recognized as the most important entity
  in the healthcare technology infrastructure.
  Revenue cycle management is a vital part of any
  business wherein the organization favors
  outsourcing of financial accounts.
• In this case, HRCM solutions can prove helpful to
  save both time and money, which in turn is
  augmenting healthcare revenue cycle management
  industry. HRCM systems provide integrated
  solutions to eliminate the billing errors and
  complex medical coding, which will significantly
  boost global industry trends.
• Cloud-based solutions held over 75 of the
  overall industry share and is foreseen to surpass
  USD 80 billion by 2024.

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Continued

• In comparison to on premise systems, the
  cloud-based systems are less expensive, as they
  eliminate the IT hardware and IT support staff
  costs.
• In 2015, services dominated the component segment
  of healthcare revenue cycle management market by
  covering more than 63 of the global revenue
  contribution and is likely to generate a revenue
  of USD 70 billion by 2024.
• Periodic upgradation in software components will
  also contribute substantially toward the industry
  growth over the coming timeframe.
• Standalone and integrated are the two prominent
  products of healthcare revenue cycle management
  market.
• Considering the end-use industry, healthcare
  revenue cycle management industry is mainly
  divided into physicians, hospitals, and
  diagnostic ambulatory care centers.
• Key players accumulating major healthcare revenue
  cycle management industry share include
  CareCloud, Cerner, Athenahealth, GE Healthcare,
  Allscripts, Experian, Siemens, McKesson, and
  Quest Diagnostics.

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Germany Healthcare Revenue Cycle Management
Market Size, By Component, 2012-2024 (USD Bn)

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Table of Contents
Chapter 1. Methodology and Scope 1.1.
Methodology 1.1.1. Initial
data exploration 1.1.2. Statistical model
and forecast 1.1.3. Industry insights and
validation 1.1.4. Scope assumptions
1.2. Data Sources 1.2.1.
Primary 1.2.2. Secondary Chapter 2.
Executive Summary 2.1. Healthcare revenue
cycle management industry 3600 synopsis, 2012 -
2024 2.1.1. Business trends 2.1.2.
Product trends 2.1.3. Deployment
trends 2.1.4. End User trends 2.1.5.
Regional trends Chapter 3. Healthcare Revenue
Cycle Management Industry Insights 3.1.
Industry segmentation 3.2. Industry size and
forecast, 2012 - 2024
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Continued
3.3. Industry impact forces 3.3.1. Growth
drivers 3.3.1.1. Increasing healthcare
expenditure 3.3.1.2. Increasing demand for
health insurance 3.3.1.3. Big data
analytics 3.3.1.4. Technological
advancements 3.3.2. Industry pitfalls
challenges 3.3.2.1. Frequent changes in
healthcare regulatory compliance 3.3.2.2.
Limited accessibility to patient data 3.3.2.3.
Lack of trained professionals 3.4. Growth
potential analysis 3.5. Regulatory
landscape 3.5.1. U.S. 3.5.2. Europe 3.6.
Technology landscape 3.7. Porters
analysis 3.8. Competitive landscape, 2015 3.9.
PESTEL analysis
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