Medical Billing Outsourcing Market 2027 Growth Trends, Share - Global Analysis and Forecasts

Medical Billing Outsourcing Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Component, Service and End - Users

Report Code: TIPTE100000468 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
Covid
MARKET INTRODUCTION

Medical billing referred to as revenue cycle management (RCM). Medical billing outsourcing helps in the saving cost of equipment and software and reduces staff size and employee expenses, which increases the demand for medical billing outsourcing market. Increasing spending on the healthcare sector and the rising adoption of advanced technology is fueling the growth of the market.

MARKET DYNAMICS

The rising need for error minimization and efforts to reduce in-house processing costs are some of the factors that are boosting the growth of the medical billing outsourcing market. The provider is facing challenges in managing claims and reimbursements, resulting in huge losses, hence for reducing these losses rising adoption of medical billing outsourcing, which propels the growth of the market. Changing healthcare rules and regulations and a federal mandate to record-keeping are expected to grow demand for the medical billing outsourcing market.

MARKET SCOPE

The "Global Medical Billing Outsourcing Market Analysis To 2027" is a specialized and in-depth study of the medical billing outsourcing industry with a special focus on the global market trend analysis. The report aims to provide an overview medical billing outsourcing market with detailed market segmentation by component, service, end-user, and geography. The global medical billing outsourcing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical billing outsourcing market players and offers key trends and opportunities in the medical billing outsourcing market.

MARKET SEGMENTATION

The global medical billing outsourcing market is segmented on the basis of component, service, end-user. On the basis of component the market is segmented as outsourced, in-house. On the basis of service the market is segmented as front end, middle end, back end. On the basis of end-user the market is segmented as hospitals, physician offices.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical billing outsourcing market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The medical billing outsourcing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting medical billing outsourcing market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the medical billing outsourcing market in these regions.

MARKET PLAYERS

The reports cover key developments in the medical billing outsourcing 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from medical billing outsourcing market are anticipated to lucrative growth opportunities in the future with the rising demand for medical billing outsourcing in the global market. Below mentioned is the list of few companies engaged in the medical billing outsourcing market.

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

- Cerner Corporation
- eClinicalworks
- Experian Information Solutions, Inc.
- GE Healthcare
- Genpact Ltd.
- Kareo, Inc.
- McKesson Corporation.
- Medical Healthcare Solutions, Inc.
- Quest Diagnostics Incorporated
- R1 RCM Inc.

The Insight Partners 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 Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways

3 Medical Billing Outsourcing Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Medical Billing Outsourcing Market - By Component
3.2.2 Medical Billing Outsourcing Market - By Service
3.2.3 Medical Billing Outsourcing Market - By End - Users
3.2.4 Medical Billing Outsourcing Market - By Region
3.2.4.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis

4 Medical Billing Outsourcing Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends

5 Medical Billing Outsourcing Market Analysis - Global
5.1 Global Medical Billing Outsourcing Market Overview
5.2 Global Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)

6 Medical Billing Outsourcing Market Revenue and Forecasts to 2027 - Component
6.1 Overview
6.2 Outsourced
6.2.1 Overview
6.2.2 Outsourced Market forecast and analysis to 2027 (US$ Mn)
6.3 In - house
6.3.1 Overview
6.3.2 In - house Market forecast and analysis to 2027 (US$ Mn)

7 Medical Billing Outsourcing Market Revenue and Forecasts to 2027 - Service
7.1 Overview
7.2 Front End
7.2.1 Overview
7.2.2 Front End Market forecast and analysis to 2027 (US$ Mn)
7.3 Middle End
7.3.1 Overview
7.3.2 Middle End Market forecast and analysis to 2027 (US$ Mn)
7.4 Back End
7.4.1 Overview
7.4.2 Back End Market forecast and analysis to 2027 (US$ Mn)

8 Medical Billing Outsourcing Market Revenue and Forecasts to 2027 - End - Users
8.1 Overview
8.2 Physician Offices
8.2.1 Overview
8.2.2 Physician Offices Market forecast and analysis to 2027 (US$ Mn)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals Market forecast and analysis to 2027 (US$ Mn)


9 Medical Billing Outsourcing Market Revenue and Forecasts to 2027 - Geographical Analysis
9.1 North America
9.1.1 North America Medical Billing Outsourcing Market overview
9.1.2 North America Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)
9.1.2.1 North America Market forecast and analysis to 2027 (US$ Mn) - By Countries
9.1.2.1.1 US market
9.1.2.1.2 Canada market
9.1.2.1.3 Mexico market
9.1.2.2 North America Market forecast and analysis to 2027 (US$ Mn) - By Component
9.1.2.3 North America Market forecast and analysis to 2027 (US$ Mn) - By Service
9.1.2.4 North America Market forecast and analysis to 2027 (US$ Mn) - By End - users

9.2 Europe
9.2.1 Europe Medical Billing Outsourcing Market overview
9.2.2 Europe Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)
9.2.2.1 Europe Market forecast and analysis to 2027 (US$ Mn) - By Countries
9.2.2.1.1 France market
9.2.2.1.2 Germany market
9.2.2.1.3 Italy market
9.2.2.1.4 Spain market
9.2.2.1.5 UK market
9.2.2.2 Europe Market forecast and analysis to 2027 (US$ Mn) - By Component
9.2.2.3 Europe Market forecast and analysis to 2027 (US$ Mn) - By Service
9.2.2.4 Europe Market forecast and analysis to 2027 (US$ Mn) - By End - users

9.3 Asia pacific (APAC)
9.3.1 Asia Pacific Medical Billing Outsourcing Market overview
9.3.2 Asia Pacific Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)
9.3.2.1 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Countries
9.3.2.1.1 Australia market
9.3.2.1.2 China market
9.3.2.1.3 India market
9.3.2.1.4 Japan market
9.3.2.2 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Component
9.3.2.3 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By Service
9.3.2.4 Asia Pacific Market forecast and analysis to 2027 (US$ Mn) - By End - users

9.4 Middle East and Africa (MEA)
9.4.1 Middle East and Africa Medical Billing Outsourcing Market overview
9.4.2 Middle East and Africa Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)
9.4.2.1 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Countries
9.4.2.1.1 South Africa market
9.4.2.1.2 Saudi Arabia market
9.4.2.1.3 UAE market
9.4.2.2 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Component
9.4.2.3 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By Service
9.4.2.4 Middle East and Africa Market forecast and analysis to 2027 (US$ Mn) - By End - users

9.5 South America (SAM)
9.5.1 South America Medical Billing Outsourcing Market overview
9.5.2 South America Medical Billing Outsourcing Market forecast and analysis to 2027 (US$ Mn)
9.5.2.1 South America Market forecast and analysis to 2027 (US$ Mn) - By Component
9.5.2.2 South America Market forecast and analysis to 2027 (US$ Mn) - By Service
9.5.2.3 South America Market forecast and analysis to 2027 (US$ Mn) - By End - users

10 Industry Landscape
10.1 Mergers & acquisitions
10.2 Market Initiatives
10.3 New developments
10.4 Investment scenarios

11 Competitive Landscape
11.1 Competitive Product mapping
11.2 Market Positioning (Top 10 players Ranking)

12 Medical Billing Outsourcing Market, Key Company Profiles
12.1 Accretive Health
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Allscripts
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 eClinicalworks
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Experian Information Solutions, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 GE Healthcare
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 HCL
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Genpact
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 McKesson Corporation.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Kareo
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 The SSI Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments

13 Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Research Methodology


 

Companies Mentioned

1. Accretive Health
2. Allscripts
3. eClinicalworks
4. Experian Information Solutions, Inc.
5. GE Healthcare
6. HCL
7. Genpact
8. McKesson Corporation.
9. Kareo
10. The SSI Group
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