Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a company to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.
The global Healthcare RCM Outsourcing industry was 11713.04 million USD in 2017 and is projected to reach USD 22101.11 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 11.16% between 2017 and 2023. The market is driven by various end-users, such as small/rural hospitals, community hospitals, large hospitals & academic medical centers. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
In 2018, the global Healthcare RCM Outsourcing market size was 13200 million US$ and it is expected to reach 26600 million US$ by the end of 2025, with a CAGR of 10.5% during 2019-2025.
This report focuses on the global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare RCM Outsourcing development in United States, Europe and China.
The key players covered in this study
Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI Group
Accretive Health (R1 RCM Inc)
Cerner
Market segment by Type, the product can be split into
Pre-intervention
Intervention
Post-intervention
Market segment by Application, split into
Small/Rural Hospitals
Community Hospitals
Large Hospitals & Academic Medical Centers
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Healthcare RCM Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Healthcare RCM Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Healthcare RCM Outsourcing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Healthcare RCM Outsourcing Market Size Growth Rate by Type (2014-2025)
1.4.2 Pre-intervention
1.4.3 Intervention
1.4.4 Post-intervention
1.5 Market by Application
1.5.1 Global Healthcare RCM Outsourcing Market Share by Application (2014-2025)
1.5.2 Small/Rural Hospitals
1.5.3 Community Hospitals
1.5.4 Large Hospitals & Academic Medical Centers
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Healthcare RCM Outsourcing Market Size
2.2 Healthcare RCM Outsourcing Growth Trends by Regions
2.2.1 Healthcare RCM Outsourcing Market Size by Regions (2014-2025)
2.2.2 Healthcare RCM Outsourcing Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Healthcare RCM Outsourcing Market Size by Manufacturers
3.1.1 Global Healthcare RCM Outsourcing Revenue by Manufacturers (2014-2019)
3.1.2 Global Healthcare RCM Outsourcing Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Healthcare RCM Outsourcing Market Concentration Ratio (CR5 and HHI)
3.2 Healthcare RCM Outsourcing Key Players Head office and Area Served
3.3 Key Players Healthcare RCM Outsourcing Product/Solution/Service
3.4 Date of Enter into Healthcare RCM Outsourcing Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Healthcare RCM Outsourcing Market Size by Type (2014-2019)
4.2 Global Healthcare RCM Outsourcing Market Size by Application (2014-2019)
5 United States
5.1 United States Healthcare RCM Outsourcing Market Size (2014-2019)
5.2 Healthcare RCM Outsourcing Key Players in United States
5.3 United States Healthcare RCM Outsourcing Market Size by Type
5.4 United States Healthcare RCM Outsourcing Market Size by Application
6 Europe
6.1 Europe Healthcare RCM Outsourcing Market Size (2014-2019)
6.2 Healthcare RCM Outsourcing Key Players in Europe
6.3 Europe Healthcare RCM Outsourcing Market Size by Type
6.4 Europe Healthcare RCM Outsourcing Market Size by Application
7 China
7.1 China Healthcare RCM Outsourcing Market Size (2014-2019)
7.2 Healthcare RCM Outsourcing Key Players in China
7.3 China Healthcare RCM Outsourcing Market Size by Type
7.4 China Healthcare RCM Outsourcing Market Size by Application
8 Japan
8.1 Japan Healthcare RCM Outsourcing Market Size (2014-2019)
8.2 Healthcare RCM Outsourcing Key Players in Japan
8.3 Japan Healthcare RCM Outsourcing Market Size by Type
8.4 Japan Healthcare RCM Outsourcing Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Healthcare RCM Outsourcing Market Size (2014-2019)
9.2 Healthcare RCM Outsourcing Key Players in Southeast Asia
9.3 Southeast Asia Healthcare RCM Outsourcing Market Size by Type
9.4 Southeast Asia Healthcare RCM Outsourcing Market Size by Application
10 India
10.1 India Healthcare RCM Outsourcing Market Size (2014-2019)
10.2 Healthcare RCM Outsourcing Key Players in India
10.3 India Healthcare RCM Outsourcing Market Size by Type
10.4 India Healthcare RCM Outsourcing Market Size by Application
11 Central & South America
11.1 Central & South America Healthcare RCM Outsourcing Market Size (2014-2019)
11.2 Healthcare RCM Outsourcing Key Players in Central & South America
11.3 Central & South America Healthcare RCM Outsourcing Market Size by Type
11.4 Central & South America Healthcare RCM Outsourcing Market Size by Application
12 International Players Profiles
12.1 Conifer Health Solutions
12.1.1 Conifer Health Solutions Company Details
12.1.2 Company Description and Business Overview
12.1.3 Healthcare RCM Outsourcing Introduction
12.1.4 Conifer Health Solutions Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.1.5 Conifer Health Solutions Recent Development
12.2 nthrive (Medassets + Precyse)
12.2.1 nthrive (Medassets + Precyse) Company Details
12.2.2 Company Description and Business Overview
12.2.3 Healthcare RCM Outsourcing Introduction
12.2.4 nthrive (Medassets + Precyse) Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.2.5 nthrive (Medassets + Precyse) Recent Development
12.3 optum360
12.3.1 optum360 Company Details
12.3.2 Company Description and Business Overview
12.3.3 Healthcare RCM Outsourcing Introduction
12.3.4 optum360 Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.3.5 optum360 Recent Development
12.4 GeBBS Healthcare
12.4.1 GeBBS Healthcare Company Details
12.4.2 Company Description and Business Overview
12.4.3 Healthcare RCM Outsourcing Introduction
12.4.4 GeBBS Healthcare Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.4.5 GeBBS Healthcare Recent Development
12.5 Change Healthcare (Emdeon)
12.5.1 Change Healthcare (Emdeon) Company Details
12.5.2 Company Description and Business Overview
12.5.3 Healthcare RCM Outsourcing Introduction
12.5.4 Change Healthcare (Emdeon) Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.5.5 Change Healthcare (Emdeon) Recent Development
12.6 McKesson RelayHealth
12.6.1 McKesson RelayHealth Company Details
12.6.2 Company Description and Business Overview
12.6.3 Healthcare RCM Outsourcing Introduction
12.6.4 McKesson RelayHealth Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.6.5 McKesson RelayHealth Recent Development
12.7 Parallon (HCA)
12.7.1 Parallon (HCA) Company Details
12.7.2 Company Description and Business Overview
12.7.3 Healthcare RCM Outsourcing Introduction
12.7.4 Parallon (HCA) Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.7.5 Parallon (HCA) Recent Development
12.8 MedData (Cardon Outreach)
12.8.1 MedData (Cardon Outreach) Company Details
12.8.2 Company Description and Business Overview
12.8.3 Healthcare RCM Outsourcing Introduction
12.8.4 MedData (Cardon Outreach) Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.8.5 MedData (Cardon Outreach) Recent Development
12.9 MedAssist (Firstsource)
12.9.1 MedAssist (Firstsource) Company Details
12.9.2 Company Description and Business Overview
12.9.3 Healthcare RCM Outsourcing Introduction
12.9.4 MedAssist (Firstsource) Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.9.5 MedAssist (Firstsource) Recent Development
12.10 Availity
12.10.1 Availity Company Details
12.10.2 Company Description and Business Overview
12.10.3 Healthcare RCM Outsourcing Introduction
12.10.4 Availity Revenue in Healthcare RCM Outsourcing Business (2014-2019)
12.10.5 Availity Recent Development
12.11 The SSI Group
12.12 Accretive Health (R1 RCM Inc)
12.13 Cerner
13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
List of Tables and Figures
Table Healthcare RCM Outsourcing Key Market Segments
Table Key Players Healthcare RCM Outsourcing Covered
Table Global Healthcare RCM Outsourcing Market Size Growth Rate by Type 2014-2025 (Million US$)
Figure Global Healthcare RCM Outsourcing Market Size Market Share by Type 2014-2025
Figure Pre-intervention Figures
Table Key Players of Pre-intervention
Figure Intervention Figures
Table Key Players of Intervention
Figure Post-intervention Figures
Table Key Players of Post-intervention
Table Global Healthcare RCM Outsourcing Market Size Growth by Application 2014-2025 (Million US$)
Figure Small/Rural Hospitals Case Studies
Figure Community Hospitals Case Studies
Figure Large Hospitals & Academic Medical Centers Case Studies
Figure Healthcare RCM Outsourcing Report Years Considered
Table Global Healthcare RCM Outsourcing Market Size 2014-2025 (Million US$)
Figure Global Healthcare RCM Outsourcing Market Size and Growth Rate 2014-2025 (Million US$)
Table Global Healthcare RCM Outsourcing Market Size by Regions 2014-2025 (Million US$)
Table Global Healthcare RCM Outsourcing Market Size by Regions 2014-2019 (Million US$)
Table Global Healthcare RCM Outsourcing Market Share by Regions 2014-2019
Figure Global Healthcare RCM Outsourcing Market Share by Regions 2014-2019
Figure Global Healthcare RCM Outsourcing Market Share by Regions 2019
Table Market Top Trends
Table Global Healthcare RCM Outsourcing Revenue by Manufacturers (2014-2019) (Million US$)
Table Global Healthcare RCM Outsourcing Market Share by Manufacturers (2014-2019)
Figure Global Healthcare RCM Outsourcing Market Share by Manufacturers in 2018
Table Global Healthcare RCM Outsourcing Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Healthcare RCM Outsourcing Product/Solution/Service
Table Date of Enter into Healthcare RCM Outsourcing Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table Global Healthcare RCM Outsourcing Market Size Share by Type (2014-2019)
Figure Global Healthcare RCM Outsourcing Market Size Market Share by Type (2014-2019)
Table Global Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table Global Healthcare RCM Outsourcing Market Size Share by Application (2014-2019)
Figure Global Healthcare RCM Outsourcing Market Size Market Share by Application (2014-2019)
Figure Global Healthcare RCM Outsourcing Revenue Market Share by Application in 2018
Figure United States Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table United States Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table United States Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table United States Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table United States Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table United States Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table United States Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure Europe Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table Europe Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table Europe Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table Europe Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table Europe Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table Europe Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table Europe Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure China Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table China Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table China Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table China Healthcare RCM Outsourcing Market Size by Type (2014-20189) (Million US$)
Table China Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table China Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table China Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure Japan Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table Japan Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table Japan Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table Japan Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table Japan Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table Japan Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table Japan Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure Southeast Asia Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table Southeast Asia Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table Southeast Asia Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table Southeast Asia Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table Southeast Asia Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table Southeast Asia Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table Southeast Asia Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure India Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table India Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table India Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table India Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table India Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table India Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table India Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Figure Central & South America Healthcare RCM Outsourcing Market Size 2014-2019 (Million US$)
Table Central & South America Key Players Healthcare RCM Outsourcing Revenue (2018-2019) (Million US$)
Table Central & South America Key Players Healthcare RCM Outsourcing Market Share (2018-2019)
Table Central & South America Healthcare RCM Outsourcing Market Size by Type (2014-2019) (Million US$)
Table Central & South America Healthcare RCM Outsourcing Market Share by Type (2014-2019)
Table Central & South America Healthcare RCM Outsourcing Market Size by Application (2014-2019) (Million US$)
Table Central & South America Healthcare RCM Outsourcing Market Share by Application (2014-2019)
Table Conifer Health Solutions Company Details
Table Conifer Health Solutions Revenue in Healthcare RCM Outsourcing Business (2014-2019) (Million US$)
Figure Conifer Health Solutions Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table Conifer Health Solutions Recent Development
Table nthrive (Medassets + Precyse) Company Details
Table nthrive (Medassets + Precyse) Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure nthrive (Medassets + Precyse) Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table nthrive (Medassets + Precyse) Recent Development
Table optum360 Company Details
Table optum360 Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure optum360 Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table optum360 Recent Development
Table GeBBS Healthcare Company Details
Table GeBBS Healthcare Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure GeBBS Healthcare Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table GeBBS Healthcare Recent Development
Table Change Healthcare (Emdeon) Company Details
Table Change Healthcare (Emdeon) Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure Change Healthcare (Emdeon) Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table Change Healthcare (Emdeon) Recent Development
Table McKesson RelayHealth Company Details
Table McKesson RelayHealth Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure McKesson RelayHealth Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table McKesson RelayHealth Recent Development
Table Parallon (HCA) Company Details
Table Parallon (HCA) Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure Parallon (HCA) Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table Parallon (HCA) Recent Development
Table MedData (Cardon Outreach) Company Details
Table MedData (Cardon Outreach) Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure MedData (Cardon Outreach) Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table MedData (Cardon Outreach) Recent Development
Table MedAssist (Firstsource) Company Details
Table MedAssist (Firstsource) Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure MedAssist (Firstsource) Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table MedAssist (Firstsource) Recent Development
Table Availity Company Details
Table Availity Revenue in Healthcare RCM Outsourcing Business (2014-2019)(Million US$)
Figure Availity Revenue Growth Rate in Healthcare RCM Outsourcing Business (2014-2019)
Table Availity Recent Development
Table The SSI Group Company Details
Table Accretive Health (R1 RCM Inc) Company Details
Table Cerner Company Details
Table Global Healthcare RCM Outsourcing Market Size by Regions (Million US$) 2019-2025
Figure Global Healthcare RCM Outsourcing Market Size Share by Regions (2019-2025)
Figure Global Healthcare RCM Outsourcing Market Size Share by Regions in 2025
Figure United States Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure Europe Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure China Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure Japan Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure Southeast Asia Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure India Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Figure Central & South America Healthcare RCM Outsourcing Market Size Forecast (2019-2025)(Million USD)
Table Global Healthcare RCM Outsourcing Market Size by Product (2019-2025) (Million US$)
Figure Global Healthcare RCM Outsourcing Market Size by Product (2019-2025)
Figure Global Healthcare RCM Outsourcing Market Size by Product in 2025
Table Global Healthcare RCM Outsourcing Market Size by Application (2019-2025) (Million US$)
Figure Global Healthcare RCM Outsourcing Market Size by Application (2019-2025)
Figure Global Healthcare RCM Outsourcing Market Size by Application in 2025
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources