Healthcare RCM Outsourcing Market in the United States Records 7.75% CAGR, Improved Healthcare Administrative Processes to Drive Market Growth

NEW YORK, September 22, 2022 / PRNewswire / – The report “US Healthcare RCM Outsourcing Market by Service (Back-End Services, Intermediate Services, and Front-End Services) – 2022-2026 Forecast and Analysis” has been added to the offering of Technavio. The potential growth difference for the size of the U.S. healthcare RCM outsourcing market between 2021 and 2026 is 1.67 billion dollars. To get the exact CAGR and year-on-year growth rate, request a FREE PDF sample report

Technavio announced its latest market research report titled Healthcare RCM Outsourcing Market in the US 2022-2026

Technavio provides a comprehensive summary of the report describing the market size and forecasts of the Healthcare RCM Outsourcing market in the United States, along with the research methodology. The FREE sample report is available in PDF format

Market segmentation

the back-end services segment will be the largest contributor to market growth during the forecast period. This segment includes post-surgery activities with patients. The growth in this segment is attributed to mission-critical processes such as accounts receivable, billing and compliance requirements. The most sought after services in this segment include waste management and credit management. The compliance requirement is important due to the dynamic rate of transformation of the healthcare sector. Therefore, the growing demand for backend services will drive the growth of the US Healthcare Revenue Cycle Management (RCM) outsourcing market during the forecast period.

View our FREE PDF Sample Report for further insights into the contribution of all segments and regional opportunities in the RCM healthcare outsourcing market in the US report

Main market dynamics

  • Market driver: the improvement of health administrative processes is driving the growth of the market. The increase in administrative costs and expenses in the evolving regulatory environment has fueled the use of RCM outsourcing services. RCM solutions offer operational and cost reduction benefits. They contribute to compliance, revenue growth, and overall improvement in organizational transparency. Therefore, all these factors help to expand the end user base and will drive the consumption of the US Healthcare Revenue Cycle Management (RCM) outsourcing market, which will drive the growth of the market during the forecast period.

  • Market challenge: Offshore outsourcing intensifies competition it is challenging the growth of the market. Emerging countries like India And China has a large IT services sector and low labor costs. Globalization has led to an increase in the acceptance and proliferation of offshore outsourcing elements in various industries in the United States. Therefore, offshore RCM outsourced suppliers offer cost efficiency in emerging economies. This can lead to industry-wide price wars. These factors may challenge the growth of the US Healthcare Revenue Cycle Management Outsourcing market during the forecast period.

Technavio has identified key trends, drivers, and challenges in the U.S. healthcare RCM outsourcing market that will help suppliers improve their strategies to keep up with competitors. View our FREE PDF Sample Report

Some companies mentioned

  • 3M corporate

  • Allscripts Healthcare Solutions Inc.

  • CareCloud Inc.

  • Change Healthcare Inc.

  • Clearlake Capital Group LP

  • Conifer Health Solutions LLC

  • DrChrono Inc.

  • EdgeMED Healthcare LLC

  • Epic Systems Corp.

  • First Source Solutions Ltd.

  • Greenway Health LLC

  • MedData Inc.

  • NextGen Healthcare Inc.

  • Optum360 Inc.

  • Parallon business solutions

  • Quest Diagnostics Inc.

  • R1 RCM Inc.

  • The SSI LLC Group

  • Vee technologies

  • Vizient Inc.

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Healthcare RCM outsourcing market within the United States

Report coverage

Details

Page number

120

Reference year

2021

Forecast period

2022-2026

Moment of growth and CAGR

Accelerate to 7.75% CAGR

Market growth 2022-2026

1.67 billion dollars

Market structure

Fragmented

Year-on-year growth (%)

6.67

competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

3M Corp., Allscripts Healthcare Solutions Inc., CareCloud Inc., Change Healthcare Inc., Clearlake Capital Group LP, Conifer Health Solutions LLC, DrChrono Inc., EdgeMED Healthcare LLC, Epic Systems Corp., Firstsource Solutions Ltd., Greenway Health LLC , MedData Inc., NextGen Healthcare Inc., Optum360 Inc., Parallon Business Solutions, Quest Diagnostics Inc., R1 RCM Inc., The SSI Group LLC, Vee Technologies and Vizient Inc.

Market dynamics

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

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Key topics covered

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by service

6 Customer landscape

7 Drivers, challenges and trends

8 Vendor landscape

9 Supplier Analysis

10 Appendix

Who we are

Technavio is a world-leading technological consulting and research company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

Contact

Technavio Research
Jesse Maida
Media and marketing executive
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
E-mail:media@technavio.com
Website: www.technavio.com/

US Healthcare RCM Outsourcing Market 2022-2026

US Healthcare RCM Outsourcing Market 2022-2026

Cision

Cision

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