Home / Healthcare-IT / Healthcare Revenue Cycle Management Market By Product (Services, Software), By Type (Integrated, Standalone), By Delivery Mode (On Premise, Web Based, Cloud Based) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Healthcare Revenue Cycle Management Market By Product (Services, Software), By Type (Integrated, Standalone), By Delivery Mode (On Premise, Web Based, Cloud Based) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Dec 2018 | Report Code: 59488-12-18

Industry Outlook

The healthcare revenue cycle management market is set to grow at a compounded annual growth rate of 11.8% during the forecast period from 2018 to 2026. Rapid growth in the healthcare domain and IT segment provide a positive boost for the healthcare revenue cycle management market growth. Tasks achieved by installation of revenue cycle management solutions are less error in medical billings, claim remittance, patient access management and revenue recovery.

Market Synopsis

Healthcare Revenue Cycle Management Market

Rampant growth of IT industry and high degree of customizability drive the software market

Currently software solutions are reigning the product segment for healthcare revenue cycle management. The major parameters for its magnificent growth are rampant growth in the IT healthcare segment in the last decade and high degree of customization provided to perform daily operations related to revenue cycle management. Services solutions are gaining popularity on account of the impressive growth pertaining to outsourcing services in revenue cycle management by numerous market participants.

Healthcare Revenue Cycle Management Market

Increasing adoption by small clinics and less maintenance cost incurred propel the standalone solutions market

In the present scenario standalone solutions are dominating the type segment for healthcare revenue cycle management market. The major factors responsible for its growth are its increasing adoption by small clinics and low maintenance cost incurred. Integrated solutions will be the fastest growing market during the forecast period owing to its rising popularity in multispecialty hospitals and research centers. Provision of data access to multiple users and ability to streamline administrative efforts and medical billings provide thrust to the integrated solutions market growth.

Healthcare Revenue Cycle Management Market

Ease of revenue operations through web browser and supervision by third party to drive the web based delivery mode market.

Web based solutions are dominating the delivery mode segment for healthcare revenue cycle management market. The major attributes responsible for its dominance are ease of revenue operations performed via web browser and complete supervision by third party. Cloud based delivery mode will be the fastest growing market due to the vast storage capacity provided for maintaining electronic health records. Higher accessibility and rising preference for integrated systems propel the clod based delivery mode market. On premise delivery mode usually have high up front cost on account of large initial investment related to installation. However, the ownership cost is negligible with minuscule subscription fee related to software and services related to healthcare revenue cycle management.

Healthcare Revenue Cycle Management Market

Presence of well-developed healthcare infrastructure to drive the healthcare revenue cycle management market in North America

In the present scenario North America is leading the geographical segment for healthcare revenue cycle management market. The major factors responsible for the impressive growth in North America is the presence of well-developed healthcare infrastructure and IT industry specializing in providing software and services in healthcare domain. Presence of key players such as AthenaHealth, Allscripts Healthcare Solutions, Inc., and GE Healthcare provide impetus to the healthcare revenue cycle management market in North America. Proactive government initiatives regarding the adoption of revenue cycle management by healthcare agencies and stringent norms sanctioned for maintaining electronic health records (EHR) of patients drive the market growth in Europe. Latin America, Middle East & Africa and Asia Pacific will be showcasing outstanding growth during the forecast period from 2018 to 2026 on account of developing healthcare infrastructure and burgeoning requirement of revenue cycle management software and services to minimize the frequently occurring medical billing errors.

Healthcare Revenue Cycle Management Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Healthcare Revenue Cycle Management Market

Report Scope by Segments

Healthcare revenue cycle management market segmentation is as follows:

By Product (2016–2026; US$ Mn)

  • Services
  • Software

By Type (2016–2026; US$ Mn)

  • Integrated
  • Standalone

By Delivery Mode (2016–2026; US$ Mn)

  • On Premise
  • Web Based
  • Cloud Based

Geography Segment (2016–2026; US$ Mn)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Companies providing services and software related to healthcare revenue cycle management market are Allscripts Healthcare Solutions, Inc., Vizient, Inc., AthenaHealth, Care Cloud Corporation, Cerner Corporation, GE Healthcare, EPIC Systems Corporation, Gebbs Healthcare Solutions, McKesson Corporation, and NextGen Healthcare Information Solution LLC.

Key questions answered in this report

  • Who are the key companies specializing in healthcare revenue cycle management market?
  • What services and software are currently being employed in the healthcare revenue cycle management market?
  • Which is the leading and fastest growing product segment in the market?
  • Which is the leading and fastest growing type segment in the market?
  • Which delivery mode is the leading and fastest growing in the market?
  • Which is the leading and fastest growing geographical region in the market?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Healthcare Revenue Cycle Management Market Portraiture
2.2. Global Healthcare Revenue Cycle Management Market, by Product, 2017 (US$ Mn)
2.3. Global Healthcare Revenue Cycle Management Market, by Type, 2017 (US$ Mn)
2.4. Global Healthcare Revenue Cycle Management Market, by Delivery Mode, 2017 (US$ Mn)
2.5. Global Healthcare Revenue Cycle Management Market, by Geography, 2017 (US$ Mn)

Chapter 3. Healthcare Revenue Cycle Management Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Healthcare Revenue Cycle Management Market, by Key Players, 2017

Chapter 4. Global Healthcare Revenue Cycle Management Market, by Product
4.1. Overview
4.2. Services
4.3. Software

Chapter 5. Global Healthcare Revenue Cycle Management Market, by Type
5.1. Overview
5.2. Integrated
5.3. Standalone

Chapter 6. Global Healthcare Revenue Cycle Management Market, by Delivery Mode
6.1. Overview
6.2. On Premise
6.3. Web Based
6.4. Cloud Based

Chapter 7. Global Healthcare Revenue Cycle Management Market, by Geography
7.1. Overview
7.2. North America Healthcare Revenue Cycle Management Market Analysis, 2016 – 2026
7.2.1. North America Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
7.2.2. North America Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
7.2.3. North America Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
7.2.4. North America Healthcare Revenue Cycle Management Market, by Country, 2016 – 2026 (US$ Mn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Healthcare Revenue Cycle Management Market Analysis, 2016 – 2026
7.3.1. Europe Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
7.3.2. Europe Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
7.3.3. Europe Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
7.3.4. Europe Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. Rest of Europe
7.4. Asia Pacific Healthcare Revenue Cycle Management Market Analysis, 2016 – 2026
7.4.1. Asia Pacific Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
7.4.2. Asia Pacific Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
7.4.3. Asia Pacific Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
7.4.4. Asia Pacific Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
7.4.4.1. China
7.4.4.2. Japan
7.4.4.3. Rest of Asia Pacific
7.5. Latin America Healthcare Revenue Cycle Management Market Analysis, 2016 – 2026
7.5.1. Latin America Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
7.5.2. Latin America Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
7.5.3. Latin America Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
7.5.4. Latin America Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East and Africa Healthcare Revenue Cycle Management Market Analysis, 2016 – 2026
7.6.1. MEA Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
7.6.2. MEA Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
7.6.3. MEA Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
7.6.4. MEA Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. Allscripts Healthcare Solutions, Inc.
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. News Coverage
8.2. Athenahealth
8.3. Care Cloud Corporation
8.4. Cerner Corporation
8.5. EPIC Systems Corporation
8.6. GE Healthcare
8.7. Gebbs Healthcare Solutions
8.8. Mckesson Corporation
8.9. NextGen Healthcare Information Solution LLC
8.10. Vizient, Inc.

FIG. 1 Healthcare Revenue Cycle Management Market: Research Methodology
FIG. 2 Healthcare Revenue Cycle Management: Market Segmentation
FIG. 3 Global Healthcare Revenue Cycle Management Market, by Product, 2017 (US$ Mn)
FIG. 4 Global Healthcare Revenue Cycle Management Market, by Type, 2017 (US$ Mn)
FIG. 5 Global Healthcare Revenue Cycle Management Market, by Delivery Mode, 2017 (US$ Mn)
FIG. 6 Global Healthcare Revenue Cycle Management Market, by Geography, 2017 (US$ Mn)
FIG. 7 Attractive Investment Proposition: by Geography, 2017
FIG. 8 Competitive Analysis: Global Healthcare Revenue Cycle Management Market, by Key Players, 2017
FIG. 9 Global Services in Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 10 Global Software in Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 11 Global Integrated Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 12 Global Standalone Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 13 Global On Premise Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 14 Global Web Based Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 15 Global Cloud Based Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 16 U.S. Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 17 Canada Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 18 U.K. Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 19 Germany Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 20 Rest of Europe Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 21 China Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 22 Japan Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest of Asia Pacific Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 24 Brazil Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 25 Mexico Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 26 Rest of Latin America Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 27 GCC Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)
FIG. 28 Rest of MEA Healthcare Revenue Cycle Management Market, 2016 – 2026 (US$ Mn)

TABLE 1 Global Healthcare Revenue Cycle Management Market Portraiture
TABLE 2 Global Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 4 Global Healthcare Revenue Cycle Management Market , by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 5 Global Healthcare Revenue Cycle Management Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 6 North America Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 7 North America Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 8 North America Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 9 North America Healthcare Revenue Cycle Management Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 11 Europe Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 12 Europe Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 13 Europe Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 16 Asia Pacific Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 17 Asia Pacific Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 18 Latin America Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 19 Latin America Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 20 Latin America Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 21 Latin America Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 22 Middle East and Africa Healthcare Revenue Cycle Management Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 23 Middle East and Africa Healthcare Revenue Cycle Management Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 24 Middle East and Africa Healthcare Revenue Cycle Management Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 25 Middle East and Africa Healthcare Revenue Cycle Management Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 26 Allscripts Healthcare Solutions, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Athenahealth: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Care Cloud Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Cerner Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 30 EPIC Systems Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 31 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 32 Gebbs Healthcare Solutions: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 33 Mckesson Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 34 NextGen Healthcare Information Solution LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 35 Vizient, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

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