Healthcare Revenue Cycle Management (RCM) Software Market 2019-2023 | Evolving Opportunities With CPSI and Allscripts | Technavio

Healthcare Revenue Cycle Management Software Market 2019-2023 | Evolving Opportunities With CPSI and Allscripts | Technavio

LONDON--(BUSINESS WIRE)--Oct 21, 2019--

Technavio has been monitoring the global healthcare revenue cycle management (RCM) software market since 2017 and the market is poised to grow by USD 1.49 billion during 2019-2023, progressing at a CAGR of more than 6% during the forecast period. Request Free Sample Pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191021005414/en/

Technavio has announced its latest market research report titled global healthcare revenue cycle management (RCM) software market published during 2019-2023. (Graphic: Business Wire)

Read the 127-page research report with TOC on "Healthcare Revenue Cycle Management (RCM) Software Market Analysis Report by Deployment (cloud and on-premise), by End-users (hospitals, physicians, and medical labs), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 - 2023."

The market is driven by the adoption of electronic health record (EHR). In addition, the growing adoption of value-based revenue cycle management (RCM) is anticipated to further boost the growth of the healthcare revenue cycle management (RCM) software market.

Many healthcare service providers, centers and units are adopting electronic health records (EHRs) because it helps in maintaining and managing the security of patient data. They are integrating healthcare RCM software with EHR to reduce the insurance rejections and manage the entire business process electronically. This not only improves the operations in the administrative end but also saves time and minimizes the usage of resources. Thus, the rising adoption of EHR is expected to drive market growth during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for FREE.

View market snapshot before purchasing

Major Five Healthcare Revenue Cycle Management (RCM) Software Market Companies:

Allscripts

Allscripts is offering various products and services through product segments such as clinical and financial solutions. This segment includes the hospitals and health systems, ambulatory, Veradigm, ad EIS-classic strategic business units.

Cerner Corp.

Cerner Corp. is offering various products and services through the business segments domestic and global. The domestic segment includes revenue contributions and expenditures associated with business activity in the US.

CPSI

CPSI offers various products and services through the business segments acute care EHR. This segment offers healthcare IT solutions specifically designed to cater to the specific needs of community hospital organizations under the software solution platforms.

Epic Systems Corp.

Epic Systems Corp. offers healthcare RCM software. The company’s revenue cycle solution provides services such as online bill payment, self-service payment plans, and financial assistance.

Medical Information Technology Inc.

Medical Information Technology Inc. offers healthcare RCM software through its EHR offering suit called expanse. This software helps healthcare service providers with billing, claim follow-up, underpayments, denial management, and contract compliance.

Register for a free trial today and gain instant access to 10,000+ market research reports.

Technavio's SUBSCRIPTION platform

Healthcare Revenue Cycle Management (RCM) Software End-users Outlook (Revenue, USD Million, 2019 - 2023)

  • Hospitals
  • Physicians
  • Medical labs

Healthcare Revenue Cycle Management (RCM) Software Regional Outlook (Revenue, USD Million, 2019 - 2023)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Information Technologyare:

Manufacturing Operations Management (MOM) Software Market – Global Manufacturing Operations Management (MOM) Software Market by end-user (automotive, food and beverages, chemical, pharmaceutical, and others) and geography (APAC, Europe, MEA, North America, and South America).

Cloud Computing Market – Global Cloud Computing Market by geography (APAC, Europe, MEA, North America, and South America) and service (SaaS, IaaS, and PaaS).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191021005414/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: DATA MANAGEMENT HEALTH TECHNOLOGY HOSPITALS PRACTICE MANAGEMENT SOFTWARE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/21/2019 09:35 AM/DISC: 10/21/2019 09:35 AM

http://www.businesswire.com/news/home/20191021005414/en

Copyright Business Wire 2019.

React to this story:

0
0
0
0
0