The SSI Group, LLC, a leader in financial performance solutions for providers and payers, announced its partnership with RCxRules, a leading provider of automated billing solutions for healthcare organizations’ population health and revenue cycle operations.
R1 RCM Inc., a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, announced that Rush University System for Health (RUSH), an academic health system entered into a strategic partnership to achieve revenue cycle performance excellence and accelerate innovation in healthcare.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4849
Published Date: Apr 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The rising trend of outsourcing financial processes as well as the increasing adoption of medical billing software besides growing digitalization in the healthcare industry are the major factors driving the market growth.
The market size of revenue cycle management is anticipated to attain a CAGR of 13.60% over the forecast period, i.e., 2023-2035.
Lack of technical know-how and poor IT infrastructure is estimated to be the growth-hindering factors for market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are R1 RCM Inc., Experian Information Solutions, Inc., athenahealth, Inc., AllScripts Healthcare, LLC, Epic Systems Corporation, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by deployment model, service, end-user, and by region.
The cloud-based segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.