DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Healthcare Revenue Cycle Management (RCM) Software Market 2017-2021" report to their offering.
The global Healthcare Revenue Cycle Management (RCM) Software market to grow at a CAGR of 4.50% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global Healthcare Revenue Cycle Management (RCM) Software market for 2017-2021. To calculate the market size, the report considers the revenues generated from the sale of RCM solutions that include software suits, which are standalone and integrated solutions across the globe. The report also includes a discussion of the Key vendors operating in this market.
Healthcare service providers deploy automated systems to address the RCM processes and to fill the payment gap that arises from the processes of medical billing and collections. The IT applications, such as hospital information system and EHR, have outdated technology platforms that lack advanced functionalities needed to address RCM issues. Hospitals and health systems prefer to outsource the RCM services due to the issues pertaining to revenue cycle processes and workflows.
According to the report, one of the major drivers for this market is increase in recovery audits due to changing healthcare regulations. Healthcare service providers are under constant pressure caused by the change in government regulations in the healthcare sector. They are experiencing a rise in the cost of operations and a reduction in revenues. In addition, the revenue of the provider is under continuous scrutiny and audit by recovery audit contractors.
- GE Healthcare
Other prominent vendors
- Avadyne Health
- Navigant Cymetrix
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Revenue leakage in healthcare system
Part 06: Market developments
Part 07: Market size and forecast
Part 08: Market segmentation by deployment model
Part 09: Market segmentation by end-user
Part 10: Geographical segmentation
Part 11: Decision framework
Part 12: Drivers and challenges
Part 13: Market trends
Part 14: Buying criteria
Part 15: Five forces analysis
Part 16: Vendor landscape
Part 17: Key vendor profiles
Part 18: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/vwdd3d/global_healthcare