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Healthcare RCM Market in US 2016-2020

Category : Medical Devices  | Published Date : May-2016 | Pages : 60
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About the Healthcare Revenue Cycle Management Market in US
 
Healthcare service providers had deployed automated systems to address the RCM processes and to fill the payment gap, resulting from the complex processes of medical billing and collections. IT applications such as hospital information system and EHR have outdated technology platforms that lack the advanced functionalities needed to address RCM issues. The inefficient manner of medical billing and collections resulted in revenue loss for many healthcare organizations. Given the issues pertaining to revenue cycle processes and workflows, hospitals and health systems considered outsourcing their RCM services. This outsourcing of RCM services can ensure maximum collections in the face of growing challenges and reduce the potential revenue leakage for different RCM processes.
 
Technavio’s analysts forecast the healthcare revenue cycle management market in US to grow at a CAGR of 12.89% during the period 2016-2020.
 
Covered in this report 
The report covers the present scenario and the growth prospects of the healthcare revenue cycle management market in US for 2016-2020. To calculate the market size, we considered revenues generated from the sale of RCM solutions that include software suits that are stand-alone and integrated solutions and services (consultation, outsourcing, training, and maintenance).
 
Technavio's report, Healthcare Revenue Cycle Management Market in US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 
 
Key vendors 
• Allscripts 
• Cerner
• GE Healthcare
• McKesson
• SSI Group
 
Other prominent vendors 
• Adreima 
• Alleviant 
• Avadyne Health 
• Cardon Outreach
• Health Systems Management Network 
• MediRevv
• Precyse Solutions
• Source Medical Solutions
• Sutherland Global Services 
• Syncordia Technologies and Healthcare Solutions
• T-System
• Xerox
 
Market driver 
• Rise in recovery audits due to changing healthcare regulations
• For a full, detailed list, view our report 
 
Market challenge 
• Frequent changes in healthcare compliance requirements
• For a full, detailed list, view our report 
 
Market trend 
• Strong clinical network connectivity with medical practitioners
• For a full, detailed list, view our report 
 
Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 
 
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
Key findings
PART 02: Scope of the report
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: RCM
Overview
Phases of evolution
Importance of RCM
PART 06: Revenue leakage in healthcare system
RCM in other industries
PART 07: Outsourcing trend
Healthcare RCM outsourcing
PART 08: Market developments
Major M&A in healthcare RCM market in US
Government regulations impacting healthcare RCM market
PART 09: Segmentation by process
Integrated RCM
Stand-alone RCM
PART 10: Market size and forecast
US healthcare RCM market size and forecast
PART 11: Market segmentation by deployment
Market overview
US healthcare RCM market by deployment 2015-2020
PART 12: Market segmentation by end-user
US healthcare RCM market by end-user
PART 13: Buying criteria
PART 14: Market drivers
Increase in healthcare needs of older adult population
Rise in recovery audits due to changing healthcare regulations
Increased need to minimize revenue leakage
PART 15: Impact of drivers
PART 16: Market challenges
Selection of vendors according to specific needs
Frequent changes in healthcare compliance requirements
Limited accessibility to patient records
PART 17: Impact of drivers and challenges
PART 18: Market trends
Integration of analytics into healthcare services
Strong clinical network connectivity with medical practitioners
Increased M&A in healthcare RCM market
PART 19: Five forces analysis
PART 20: Vendor landscape
Competitive scenario
Category matrix of top RCM vendors in US
PART 21: Key vendor profiles
Allscripts
Cerner
GE Healthcare
McKesson
SSI Group
PART 22: Other prominent vendors
Adreima
Alleviant
Avadyne Health
Cardon Outreach
Health Systems Management Network
MediRevv
Precyse Solutions
Source Medical Solutions
Sutherland Global Services
Syncordia Technologies and Healthcare Solutions
T-System
Xerox
PART 23: Appendix
List of abbreviations
PART 24: Explore Technavio
List of Exhibits
Exhibit 01: Healthcare revenue cycle
Exhibit 02: Canadian dollar/USD conversion rates 2012-2015
Exhibit 03: Product offerings
Exhibit 04: Evolution of healthcare RCM industry
Exhibit 05: Potential areas of revenue leakage in healthcare sector
Exhibit 06: RCM outsourcing services
Exhibit 07: M&A in RCM software industry 2012-2016
Exhibit 08: ICD-10 in other countries
Exhibit 09: Healthcare RCM market by process
Exhibit 10: Healthcare RCM market in US 2015-2020 ($ billions)
Exhibit 11: US healthcare RCM market by deployment 2015 (% share)
Exhibit 12: US healthcare RCM market by deployment 2020 (% share)
Exhibit 13: US healthcare RCM market by deployment 2015-2020 ($ billions)
Exhibit 14: Healthcare RCM market in US by end-user 2015 (% share)
Exhibit 15: Buying criteria
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Five forces analysis
Exhibit 19: Category matrix of top RCM vendors in US
...
Publisher Name : Technavio

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