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The North American Automatic Patient Billing market report is an in-depth study of this market. Various topics, such as market growth factors, market shares and value chain analysis of companies, current and forecast trends, product portfolio, and pipeline offerings of companies are covered.
Automatic patient billing systems include systems and applications that assist in the generating automated responses in the event of claim denials, resubmissions, and status updates to aid and streamline back-office workflow. This, in turn, allows complete claim tracking. With automatic patient billing system, discrepancies regarding claims can be minimized and within very less time, the claims can be processed.
With the help of automatic patient billing systems and software, it has become easy to curb the increasing healthcare expenditure. The system helps to integrate data from different departments, processing the same accurately, avoiding instances of errors and fraudulent claims.
In this region, payers have to pay as much as 30% of their income towards the administrative costs associated with healthcare. Healthcare providers are facing pressure to customize their services, which is leading them towards implementing the automatic patient billing systems. The implementation of these systems is going to help the healthcare facilities too, as it will result in reducing associated cost and overheads as well as bringing down the time taken for billing and admission process.
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With benefits for both patients and healthcare service providers, these systems are becoming increasingly popular in the market. Governments are also taking initiatives to enhance the adoption of these systems.
The companies operating in North American Automatic Patient Billing market are Cerner Corporation, McKesson Corporation, Allscripts, GE Healthcare, Quest Diagnostics, eClinicalWorks, Kareo, CareCloud Corporation, Athenahealth, SSI Group, Inc., and other companies. Components of this market are hardware-healthcare IT, software-healthcare IT, and services-healthcare IT. Endusers of this market are hospitals, office-based physicians, ambulatory care solutions, and medical & diagnostic laboratories. Macroindicator of this market is healthcare expenditure.
The market is segmented on the basis of deployments: on-premise systems, cloud-based systems, and web-based systems.
The study defines the market segments and growth factors. It provides an in-depth overview of the current and forecast market figures, emphasizing on market shares of key companies. The opportunities offered by this market currently and in future have also been elaborated upon.
The report provides company profiles as well as the product and services that are currently being offered, along with details of pipeline offerings. The growth strategies, such as mergers & acquisitions, partnerships, new product launches, and other initiatives taken by the companies to increase their presence and market share are also highlighted. Country-wise market scenario is also included in the report.
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Table of Contents
1.1 Objective of the study
1.2 Market Definition and Scope of the study
1.3 Markets Covered
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Automatic Patient Billing-North America, By Deployments
6 Automatic Patient Billing-North America, By Components
7 Automatic Patient Billing-North America, By Endusers
8 Automatic Patient Billing-North America, By Products
9 Automatic Patient Billing-North America, By Geographies
10 Automatic Patient Billing-North America, By Companies
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