Healthcare service providers have long since deployed automated systems to address RCM processes. Legacy IT applications have outdated technology platforms that lack the advanced functionality needed to address new models for reimbursement or RCM. The complex processes of medical billing and collections resulted in gap and inefficiencies which led to loss in revenue. Considering the issues pertaining to revenue cycle processes and workflows, the hospitals and health systems considered the outsourcing option for RCM service. The outsourcing of RCM services ensures maximum collections in the face of growing challenges and also reduces the potential revenue leakage for different RCM processes.
Analysts forecast the Global RCM Outsourcing Market in the Healthcare Sector will grow at a CAGR of 16.93 percent over the period 2013-2018.
Covered in this Report
The Global RCM Outsourcing Market in the Healthcare Sector is divided into three divisions which are front-end services, middle services, and back-end services.
The above mentioned services include all the services that help in managing the Healthcare sector’s revenue cycle.
Global RCM Outsourcing Market in the Healthcare Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global RCM Outsourcing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Conifer Health Solutions LLC
- Emdeon Inc.
- MedAssets Inc.
- Parallon Business Solutions LLC
- The SSI Group Inc.
Other Prominent Vendors
- Adreima LLC
- Alleviant LLC
- Cardon Outreach
- FirstSource Solutions Ltd
- Health Systems Management Network Inc.
- Medirevv Inc.
- Precyse Solutions LLC
- Recondo Technology Inc.
- T-System Inc.
- Sutherland Global Services Inc.
- Xerox Corp.
Key Market Driver
- Need to Meet Government Compliances.
Key Market Challenge
- Selecting the Right Vendors.
Key Market Trend
- Market Consolidation.
Key Questions Answered in this Report
- What will the market size be in 2018 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?
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