US Healthcare RCM Outsourcing Market to Register 7.75% CAGR, Improving Healthcare Management Processes to Drive Market Growth

NEW YORK, September 22, 2022 /PRNewswire/ — The “RCM Healthcare Outsourcing Market in USA by service (back-end services, middle services, and front-end services) – The Forecast and Analysis 2022-2026 report has been added to Technavio’s offering 2026 is $1.67 billion. To get the exact CAGR and YOY growth rate, Request a FREE sample PDF report

Technavio has announced its latest market research report titled Healthcare RCM Outsourcing Market in US 2022-2026

Technavio has announced its latest market research report titled Healthcare RCM Outsourcing Market in US 2022-2026

Technavio provides a comprehensive report executive summary that describes the market size and forecast of the US Healthcare RCM Outsourcing Market along with the research methodology. That FREE sample report is in PDF format

market segmentation

That backend services segment will be the largest contributor to market growth during the forecast period. This segment includes postoperative activities with patients. The growth of this segment is attributed to business-critical processes such as accounts receivable, invoicing, and compliance requirements services. The most sought-after services in this segment include denials management and accounts receivable management. Compliance requirements are important due to the dynamic transformation rate of the healthcare industry. Therefore, rising demand for back-end services will drive the growth of US healthcare revenue cycle management (RCM) outsourcing market during the forecast period.

Check out our FREE PDF sample report for additional insights on the contribution of every segment and regional opportunities in the Healthcare RCM Outsourcing Market in the US report

key market dynamics

  • Market driver: The Improvement of the administrative processes in the health care system drives the growth of the market. Increasing costs and administration costs in the evolving regulatory environment have driven the use of RCM outsourcing services. RCM solutions provide operational and cost reduction benefits. They contribute to compliance, revenue growth, and overall improvement in organizational transparency. Thus, all these factors are contributing to the expansion of the end-user base and will drive the consumption of the US healthcare revenue cycle management (RCM) outsourcing market, which will drive the market growth over the forecast period.

  • Market Challenge: Offshore outsourcing intensifies competition challenges the growth of the market. emerging countries such as India and China have a large IT service sector and low labor costs. Globalization has led to increased acceptance and proliferation of offshore outsourcing elements across various sectors in the US. Therefore, offshore outsourced RCM providers offer cost efficiencies in emerging markets. This can lead to industry-wide price wars. These factors could challenge the growth of the US healthcare revenue cycle management outsourcing market during the forecast period.

Technavio has identified key trends, drivers and challenges in the US Healthcare RCM Outsourcing market that will help vendors improve their strategies to stay ahead of their competitors. Check out our FREE PDF sample report

Some companies mentioned

  • 3M corp

  • Allscripts Healthcare Solutions Inc.

  • CareCloud Inc.

  • Change Healthcare Inc.

  • Clearlake Capital Group LP

  • Conifer Health Solutions LLC

  • DrChrono Inc.

  • EdgeMED Healthcare LLC

  • Epic Systems Corp.

  • Firstsource Solutions Ltd.

  • Greenway Health LLC

  • MedData Inc.

  • NextGen Healthcare Inc.

  • Optim360 Inc.

  • Parallon Business Solutions

  • Search Diagnostics Inc.

  • R1 RCM Inc.

  • The SSI Group LLC

  • Vee Technologies

  • Vicient Inc.

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RCM Healthcare Outsourcing Market in US Area

report coverage

details

page number

120

base year

2021

forecast period

2022-2026

Growth Dynamics & CAGR

Accelerate with a CAGR of 7.75%

Market growth 2022-2026

$1.67 billion

market structure

fragmented

YoY Growth (%)

6.67

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

3M Corp., Allscripts Healthcare Solutions Inc., CareCloud Inc., Change Healthcare Inc., Clearlake Capital Group LP, Conifer Health Solutions LLC, DrChrono Inc., EdgeMED Healthcare LLC, Epic Systems Corp., Firstsource Solutions Ltd., Greenway Health LLC , MedData Inc., NextGen Healthcare Inc., Optum360 Inc., Parallon Business Solutions, Quest Diagnostics Inc., R1 RCM Inc., The SSI Group LLC, Vee Technologies and Vicient Inc.

market dynamics

Root Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, and Market State Analysis for the forecast period.

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

search information technology market reports

Key topics covered

1. Summary

2 market landscape

3 market size

4 Five Forces Analysis

5 Market Segmentation by Service

6 customer landscape

7 drivers, challenges and trends

8 provider landscape

9 Vendor Analysis

10 Appendix

about us

Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

Contact

Technavio Research
Jess Maida
Media and Marketing Executive
United States: +1 844 364 1100
UK: +44 203 893 3200
E-mail:media@technavio.com
Website: www.technavio.com/

RCM Healthcare Outsourcing Market in USA 2022-2026

RCM Healthcare Outsourcing Market in USA 2022-2026

decision

decision

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