New

Healthcare RCM Market

2021

Healthcare RCM Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware, Software); Product (Integrated, Standalone); Deployment (On-premise, Cloud Based) and Geography

| Report Code: TIPTE100000436 | No. of Pages: 150 | Category: Healthcare IT | Status: Upcoming

Market Insights

Healthcare RCM Market 2028 By Component, Product, Deployment and Geography | The Insight Partners

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MARKET OVERVIEW



Growing population and the consequent rise in demand for healthcare facilities along with claims to various medical reimbursements have rendered the medical bills to be highly error prone. Furthermore, various government related compliance requirements coupled with increased fraudulence screening are leading to the demands for a more robust solution. Automation in front desk activity and online payments for patients have reduced the number of claim denials. Automated solutions has also helped front desk staff, coders, providers and billers to increase productivity. These benefits are expected to stimulate the Healthcare RCM market.

MARKET SCOPE



The "Global Healthcare RCM Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare RCM market with detailed market segmentation by component, product, end user, deloyment and geography. The report provides key statistics on the market status of the leading healthcare RCM market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • The component segment includes hardware and software.
  • Based on product, the market is segmented into on integrated, and standalone.
  • Based on deployment, the market is classified as, on
  • premise, and cloud based.

MARKET DYNAMICS


Drivers



  • Regulatory mandated for adoption of EHR/EMR
  • Government initiatives to boost adoption of RCM solutions
  • Loss of revenue due to billing errors
  • Process improvements in developing markets
  • Growing consolidation among vendors for end-to-end solutions
  • Rising demand for cloud-based RCM solutions and potential RCM markets for it vendors

Restraints



  • High pricing and costly maintenance of RCM solutions
  • Scarcity of skilled IT professionals
  • IT infrastructural constraints in developing markets

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The healthcare RCM market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the healthcare RCM market in these regions.

IMPACT OF COVID-19 ON HEALTHCARE RCM MARKET


COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Thus, healthcare IT have boosted its growth in this period to carry on the work safely, efficiently, and effectively.

MARKET PLAYERS



The report covers key developments in the healthcare RCM market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from healthcare RCM market are anticipated to lucrative growth opportunities in the future with the rising demand for healthcare RCM in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the healthcare RCM market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Change Healthcare
  • Convergent Outsourcing, Inc.
  • Dell
  • drchrono Inc.
  • GENERAL ELECTRIC COMPANY
  • Leidos
  • Navigant Consulting, Inc.
  • nThrive, Inc.
  • R1 RCM Inc.
  • Xerox Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Healthcare RCM Market - By Component
1.3.2 Healthcare RCM Market - By Product
1.3.3 Healthcare RCM Market - By Deployment
1.3.4 Healthcare RCM Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEALTHCARE RCM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 Europe - Pest Analysis
4.2.2 Asia-Pacific - Pest Analysis
4.2.3 Middle East and Africa - Pest Analysis
4.2.4 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HEALTHCARE RCM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HEALTHCARE RCM MARKET - GLOBAL MARKET ANALYSIS
6.1. HEALTHCARE RCM - GLOBAL MARKET OVERVIEW
6.2. HEALTHCARE RCM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. HEALTHCARE RCM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
8. HEALTHCARE RCM MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. INTEGRATED
8.3.1. Overview
8.3.2. Integrated Market Forecast and Analysis
8.4. STANDALONE
8.4.1. Overview
8.4.2. Standalone Market Forecast and Analysis
9. HEALTHCARE RCM MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
9.1. OVERVIEW
9.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-premise Market Forecast and Analysis
9.4. CLOUD BASED
9.4.1. Overview
9.4.2. Cloud Based Market Forecast and Analysis
10. HEALTHCARE RCM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. EUROPE
10.1.1 Europe Healthcare RCM Market Overview
10.1.2 Europe Healthcare RCM Market Forecasts and Analysis
10.1.3 Europe Healthcare RCM Market Forecasts and Analysis - By Component
10.1.4 Europe Healthcare RCM Market Forecasts and Analysis - By Product
10.1.5 Europe Healthcare RCM Market Forecasts and Analysis - By Deployment
10.1.6 Europe Healthcare RCM Market Forecasts and Analysis - By Countries
10.1.6.1 Germany Healthcare RCM Market
10.1.6.1.1 Germany Healthcare RCM Market by Component
10.1.6.1.2 Germany Healthcare RCM Market by Product
10.1.6.1.3 Germany Healthcare RCM Market by Deployment
10.1.6.2 France Healthcare RCM Market
10.1.6.2.1 France Healthcare RCM Market by Component
10.1.6.2.2 France Healthcare RCM Market by Product
10.1.6.2.3 France Healthcare RCM Market by Deployment
10.1.6.3 Italy Healthcare RCM Market
10.1.6.3.1 Italy Healthcare RCM Market by Component
10.1.6.3.2 Italy Healthcare RCM Market by Product
10.1.6.3.3 Italy Healthcare RCM Market by Deployment
10.1.6.4 Spain Healthcare RCM Market
10.1.6.4.1 Spain Healthcare RCM Market by Component
10.1.6.4.2 Spain Healthcare RCM Market by Product
10.1.6.4.3 Spain Healthcare RCM Market by Deployment
10.1.6.5 United Kingdom Healthcare RCM Market
10.1.6.5.1 United Kingdom Healthcare RCM Market by Component
10.1.6.5.2 United Kingdom Healthcare RCM Market by Product
10.1.6.5.3 United Kingdom Healthcare RCM Market by Deployment
10.2. ASIA-PACIFIC
10.2.1 Asia-Pacific Healthcare RCM Market Overview
10.2.2 Asia-Pacific Healthcare RCM Market Forecasts and Analysis
10.2.3 Asia-Pacific Healthcare RCM Market Forecasts and Analysis - By Component
10.2.4 Asia-Pacific Healthcare RCM Market Forecasts and Analysis - By Product
10.2.5 Asia-Pacific Healthcare RCM Market Forecasts and Analysis - By Deployment
10.2.6 Asia-Pacific Healthcare RCM Market Forecasts and Analysis - By Countries
10.2.6.1 Australia Healthcare RCM Market
10.2.6.1.1 Australia Healthcare RCM Market by Component
10.2.6.1.2 Australia Healthcare RCM Market by Product
10.2.6.1.3 Australia Healthcare RCM Market by Deployment
10.2.6.2 China Healthcare RCM Market
10.2.6.2.1 China Healthcare RCM Market by Component
10.2.6.2.2 China Healthcare RCM Market by Product
10.2.6.2.3 China Healthcare RCM Market by Deployment
10.2.6.3 India Healthcare RCM Market
10.2.6.3.1 India Healthcare RCM Market by Component
10.2.6.3.2 India Healthcare RCM Market by Product
10.2.6.3.3 India Healthcare RCM Market by Deployment
10.2.6.4 Japan Healthcare RCM Market
10.2.6.4.1 Japan Healthcare RCM Market by Component
10.2.6.4.2 Japan Healthcare RCM Market by Product
10.2.6.4.3 Japan Healthcare RCM Market by Deployment
10.2.6.5 South Korea Healthcare RCM Market
10.2.6.5.1 South Korea Healthcare RCM Market by Component
10.2.6.5.2 South Korea Healthcare RCM Market by Product
10.2.6.5.3 South Korea Healthcare RCM Market by Deployment
10.3. MIDDLE EAST AND AFRICA
10.3.1 Middle East and Africa Healthcare RCM Market Overview
10.3.2 Middle East and Africa Healthcare RCM Market Forecasts and Analysis
10.3.3 Middle East and Africa Healthcare RCM Market Forecasts and Analysis - By Component
10.3.4 Middle East and Africa Healthcare RCM Market Forecasts and Analysis - By Product
10.3.5 Middle East and Africa Healthcare RCM Market Forecasts and Analysis - By Deployment
10.3.6 Middle East and Africa Healthcare RCM Market Forecasts and Analysis - By Countries
10.3.6.1 South Africa Healthcare RCM Market
10.3.6.1.1 South Africa Healthcare RCM Market by Component
10.3.6.1.2 South Africa Healthcare RCM Market by Product
10.3.6.1.3 South Africa Healthcare RCM Market by Deployment
10.3.6.2 Saudi Arabia Healthcare RCM Market
10.3.6.2.1 Saudi Arabia Healthcare RCM Market by Component
10.3.6.2.2 Saudi Arabia Healthcare RCM Market by Product
10.3.6.2.3 Saudi Arabia Healthcare RCM Market by Deployment
10.3.6.3 U.A.E Healthcare RCM Market
10.3.6.3.1 U.A.E Healthcare RCM Market by Component
10.3.6.3.2 U.A.E Healthcare RCM Market by Product
10.3.6.3.3 U.A.E Healthcare RCM Market by Deployment
10.4. SOUTH AND CENTRAL AMERICA
10.4.1 South and Central America Healthcare RCM Market Overview
10.4.2 South and Central America Healthcare RCM Market Forecasts and Analysis
10.4.3 South and Central America Healthcare RCM Market Forecasts and Analysis - By Component
10.4.4 South and Central America Healthcare RCM Market Forecasts and Analysis - By Product
10.4.5 South and Central America Healthcare RCM Market Forecasts and Analysis - By Deployment
10.4.6 South and Central America Healthcare RCM Market Forecasts and Analysis - By Countries
10.4.6.1 Brazil Healthcare RCM Market
10.4.6.1.1 Brazil Healthcare RCM Market by Component
10.4.6.1.2 Brazil Healthcare RCM Market by Product
10.4.6.1.3 Brazil Healthcare RCM Market by Deployment
10.4.6.2 Argentina Healthcare RCM Market
10.4.6.2.1 Argentina Healthcare RCM Market by Component
10.4.6.2.2 Argentina Healthcare RCM Market by Product
10.4.6.2.3 Argentina Healthcare RCM Market by Deployment
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL HEALTHCARE RCM MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. HEALTHCARE RCM MARKET, KEY COMPANY PROFILES
13.1. CHANGE HEALTHCARE
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CONVERGENT OUTSOURCING, INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DELL INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DRCHRONO INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. GENERAL ELECTRIC COMPANY
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LEIDOS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. NAVIGANT CONSULTING, INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. NTHRIVE, INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. R1 RCM INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. XEROX CORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS


The List of Companies

1. Change Healthcare
2. Convergent Outsourcing, Inc.
3. Dell
4. drchrono Inc.
5. GENERAL ELECTRIC COMPANY
6. Leidos
7. Navigant Consulting, Inc.
8. nThrive, Inc.
9. R1 RCM Inc.
10. Xerox Corporation
11. Quest Diagnostics
12. Allscripts Healthcare Solutions
13. Athenahealth
14. Eclinicalworks
15. Conifer Health Solutions
16. EPIC Systems
17. Gebbs Healthcare Solutions
18. Experian
19. Constellation Software
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