DUBLIN--(BUSINESS WIRE)--The "Global Healthcare Revenue Cycle Management (RCM) Software Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The healthcare revenue cycle management software market will register a CAGR of over 6% by 2023.
The increase in healthcare-related spending is one of the key factors expected to trigger the market growth during the forecast period.
Healthcare RCM software and EHRs are integrated into digital and paperless systems in hospitals for storing patient information. In addition, healthcare service providers are also investing in advanced IT solutions for supporting Health 3.0 revolution, which provides a holistic IT ecosystem in clinics and hospitals.
As a result, the increasing number of virtual, digital, and paperless systems will eventually drive the need for digital and electronic equipment for maintaining patient records and integrating RCM software for managing the RCM of hospitals.
Increase in healthcare-related spending
With the growing number of hospitals globally and the increasing investments in digitization, the demand for healthcare RCM software from healthcare service providers is expected to increase during the forecast period.
Interoperability issues associated with healthcare RCM software
The growing issue with healthcare RCM software interoperability has increased the number of denials, leading to reduced generation decreased operational efficiency for healthcare service providers. This will hinder the growth of the market during the forecast period.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several market players. Healthcare RCM solutions providers are integrating advanced technologies such as blockchain and AI into their healthcare RCM software to provide real-time tracking and improve the organization's revenue cycle.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Allscripts
- Cerner Corp.
- CPSI
- Epic Systems Corp.
- Information Technology Inc.
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
- Comparison by deployment
- Cloud - Market size and forecast 2018-2023
- On-premise - Market size and forecast 2018-2023
- Market opportunity by deployment
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Hospitals - Market size and forecast 2018-2023
- Physicians - Market size and forecast 2018-2023
- Medical labs - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Strategic partnerships and acquisitions
- Value-based RCM
- Integration of advanced technologies in healthcare RCM software
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Allscripts
- Cerner Corp.
- CPSI
- Epic Systems Corp.
- Information Technology Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ojxne4
