What is the market size for the ?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

What is the CAGR for the ?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

What is the growth rate of the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Healthcare Revenue Cycle Management Market in the US 2016-2020

Q: What is the market size for the ?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Q: What is the CAGR for the ?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Q: Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/usa-enterprise-application-healthcare-revenue-cycle-management-market'>Read More</a>

Published: May 2016
Pages: 60
SKU: IRTNTR9556

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version!

Overview of the healthcare RCM market in the US

Market research analysts at Technavio have predicted that the healthcare RCM market in the US will grow steadily at a CAGR of almost 13% by 2020. This market research analysis identifies the rise in recovery audits due to changing healthcare regulations as one of the primary growth factors for this market. The constantly changing government regulations in the healthcare space leads to a rise in the operational costs. This rise in the operational costs will lead to a decrease in the revenue of the healthcare sector, which already operates at a very low margin. Moreover, there are regular recovery audits to identify illegal payments under the fee-for-service Medicare and this further decreases their revenue. To keep their operational costs low and maintain the audit report, healthcare providers have started investing in RCM solutions and are now outsourcing their medical revenue cycle management operations to third-party vendors.

As a result of the constantly changing government regulations, healthcare billing service providers find it difficult to service clients effectively and this requirement has compelled them to adopt and integrate predictive analytics and business intelligence software technologies. Such technologies assist healthcare service providers to develop more effective models for healthcare services, which will understand the concept of RCM, treatment outcomes, re-admissions, and patient satisfaction much better. Additionally, they can also discover patterns and trends within their operations. The increasing integration of analytics into healthcare services will be one of the major trends that will gain traction in this market in the next four years.