Healthcare RCM Outsourcing Market Predicted to Reach US$ 22100 million by 2024 – optum360, GeBBS Healthcare, Change Healthcare (Emdeon), McKesson RelayHealth, Parallon (HCA)

Press Release

Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a company to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.

The global Healthcare RCM Outsourcing industry was 11713.04 million USD in 2017 and is projected to reach USD 22101.11 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 11.16% between 2017 and 2023.

The market is driven by various end-users, such as small/rural hospitals, community hospitals, large hospitals & academic medical centers. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

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According to this study, over the next five years the Healthcare RCM Outsourcing market will register a 10.9% CAGR in terms of revenue, the global market size will reach US$ 22100 million by 2024, from US$ 13200 million in 2019. In particular, this report presents the global revenue market share of key companies in Healthcare RCM Outsourcing business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Healthcare RCM Outsourcing market by product type, application, key companies and key regions.

This study considers the Healthcare RCM Outsourcing value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Pre-intervention
Intervention
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Small/Rural Hospitals
Community Hospitals
Large Hospitals & Academic Medical Centers

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:

Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI Group
Accretive Health (R1 RCM Inc)
Cerner

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Table of Contents:

2019-2024 Global Healthcare RCM Outsourcing Market Report (Status and Outlook)

1 Scope of the Report

2 Executive Summary

3 Global Healthcare RCM Outsourcing by Players

4 Healthcare RCM Outsourcing by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Global Healthcare RCM Outsourcing Market Forecast

11 Key Players Analysis
11.1 Conifer Health Solutions
11.1.1 Company Details
11.1.2 Healthcare RCM Outsourcing Product Offered
11.1.3 Conifer Health Solutions Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Conifer Health Solutions News
11.2 nthrive (Medassets + Precyse)
11.2.1 Company Details
11.2.2 Healthcare RCM Outsourcing Product Offered
11.2.3 nthrive (Medassets + Precyse) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 nthrive (Medassets + Precyse) News
11.3 optum360
11.3.1 Company Details
11.3.2 Healthcare RCM Outsourcing Product Offered
11.3.3 optum360 Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 optum360 News
11.4 GeBBS Healthcare
11.4.1 Company Details
11.4.2 Healthcare RCM Outsourcing Product Offered
11.4.3 GeBBS Healthcare Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 GeBBS Healthcare News
11.5 Change Healthcare (Emdeon)
11.5.1 Company Details
11.5.2 Healthcare RCM Outsourcing Product Offered
11.5.3 Change Healthcare (Emdeon) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 Change Healthcare (Emdeon) News
11.6 McKesson RelayHealth
11.6.1 Company Details
11.6.2 Healthcare RCM Outsourcing Product Offered
11.6.3 McKesson RelayHealth Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 McKesson RelayHealth News
11.7 Parallon (HCA)
11.7.1 Company Details
11.7.2 Healthcare RCM Outsourcing Product Offered
11.7.3 Parallon (HCA) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Parallon (HCA) News
11.8 MedData (Cardon Outreach)
11.8.1 Company Details
11.8.2 Healthcare RCM Outsourcing Product Offered
11.8.3 MedData (Cardon Outreach) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 MedData (Cardon Outreach) News
11.9 MedAssist (Firstsource)
11.9.1 Company Details
11.9.2 Healthcare RCM Outsourcing Product Offered
11.9.3 MedAssist (Firstsource) Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 MedAssist (Firstsource) News
11.10 Availity
11.10.1 Company Details
11.10.2 Healthcare RCM Outsourcing Product Offered
11.10.3 Availity Healthcare RCM Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 Availity News
11.11 The SSI Group
11.12 Accretive Health (R1 RCM Inc)
11.13 Cerner

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