{"id":528327,"date":"2021-02-01T16:06:01","date_gmt":"2021-02-01T16:06:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=528327"},"modified":"2021-02-01T16:06:01","modified_gmt":"2021-02-01T16:06:01","slug":"revenue-cycle-management-market-to-witness-phenomenal-growth-of-1603-billion-by-2027-registering-a-healthy-cagr-of-121-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/revenue-cycle-management-market-to-witness-phenomenal-growth-of-1603-billion-by-2027-registering-a-healthy-cagr-of-121-grand-view-research-inc_528327.html","title":{"rendered":"Revenue Cycle Management Market To Witness Phenomenal Growth Of $160.3 Billion By 2027 Registering A Healthy CAGR  Of 12.1%: Grand View Research Inc."},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1611906031.png\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Revenue Cycle Management Market To Witness Phenomenal Growth Of $160.3 Billion By 2027 Registering A Healthy CAGR  Of 12.1%: Grand View Research Inc.\" src=\"https:\/\/www.abnewswire.com\/uploads\/1611906031.png\" alt=\"Revenue Cycle Management Market To Witness Phenomenal Growth Of $160.3 Billion By 2027 Registering A Healthy CAGR  Of 12.1%: Grand View Research Inc.\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>&#8220;Grand View Research, Inc. \u2013 Market Research And Consulting.&#8221;<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">According to a recent report, published by Grand View Research Inc., the revenue cycle management market is largely driven by the growing inclination towards cloud-based solutions in the healthcare settings along with the rise in outsourcing of RCM services.<\/div>\n<p style=\"text-align: justify;\" dir=\"ltr\">According to the report, &ldquo;<strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=rashmi-s_saket-p_hc_1-feb-21&amp;utm_term=revenue-cycle-management-market&amp;utm_content=rd\" target=\"_blank\">Revenue Cycle Management Market<\/a> <\/strong>Size, Share &amp; Trends Analysis Report By Product (Software, Service), By Type (Integrated, Standalone), By Delivery Mode, By Region, And Segment Forecasts, 2020\uff0d2027&rdquo;, the growing use of revenue cycle management for their features such as flexibility, enhanced security, and cost-effective properties are expected to remain pivotal during the market growth.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>The rise in spending on advanced software infrastructure and designs is likely to encourage a significant market growth in the coming years. Moreover, the overheads for outsourcing is likely to result in high adoption for revenue cycle management software. Emergence of IoT technology, blockchain and automation, and demand for competency is more likely to result in market development in the coming years.&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>In addition, the launch of improved versions of existing software in healthcare settings according to the consumer needs is further anticipated to enhance the market developments in the coming years. Moreover, the rise in growth of market segments is likely to result in the development of resources and deployment of revenue cycle management.&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span><img loading=\"lazy\" decoding=\"async\" title=\"U.S. revenue cycle management market size, by product type, 2016 - 2027 (USD Billion)\" src=\"https:\/\/www.grandviewresearch.com\/static\/img\/research\/us-revenue-cycle-management-market.png\" alt=\"U.S. revenue cycle management market size, by product type, 2016 - 2027 (USD Billion)\" width=\"400\" height=\"200\" \/><\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management Market Report Highlights:<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>The market is anticipated to be expand significantly owing to increased adoption of RCM systems in healthcare settings.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>The software segment accounted for a major share in 2019 with a market size of around USD 39.0 billion due to increasing demand for HIT systems.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Integrated RCM solutions held the largest market share of 69.0% in 2019, as they are cost -effective as compared to standalone solutions.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>North America dominated the revenue cycle management market in 2019 owing to the availability of favorable reimbursement policies, presence of well-developed healthcare infrastructure, and growing adoption of RCM solutions and their long &#8211; term benefits.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>The companies are focusing on strategic collaborations and introduction of new products to survive the market competition.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span><strong>&ldquo;Would you Like\/Try a Sample Report&rdquo; Click the link below<\/strong>:<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market\/request\/rs1\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=rashmi-s_saket-p_hc_1-feb-21&amp;utm_term=revenue-cycle-management-market&amp;utm_content=request_sample\" target=\"_blank\">https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market\/request\/rs1<\/a><\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Grand View Research has segmented the global revenue cycle management market based on product, type, delivery mode, end use, and region:<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management&nbsp;Product Type Outlook (Revenue, USD Million, 2016 &nbsp;&nbsp;\uff0d 2027)<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Software<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Services<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management&nbsp;Type Outlook (Revenue, USD Million, 2016&nbsp; \uff0d 2027)<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Integrated<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Standalone<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management&nbsp;Delivery Mode Outlook (Revenue, USD Million, 2016&nbsp; \uff0d 2027)<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>On-premise<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Web-based<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Cloud-based<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management&nbsp;End &#8211; use Outlook (Revenue, USD Million, 2016&nbsp; \uff0d 2027)<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Physician Offices<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Hospitals<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Diagnostic Laboratories<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Others<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>Revenue Cycle Management&nbsp;Regional Outlook (Revenue, USD Million, 2016&nbsp; \uff0d 2027)<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>North America<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>U.S.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Canada<\/span><\/p>\n<p style=\"text-align: justify;\">Europe<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>U.K.<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Germany<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>France<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Italy<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Spain<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Russia<\/span><\/p>\n<p style=\"text-align: justify;\">Asia Pacific<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>China<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Japan<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>India<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Singapore<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>South Korea<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Australia<\/span><\/p>\n<p style=\"text-align: justify;\">Latin America<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Mexico<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Brazil<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Argentina<\/span><\/p>\n<p style=\"text-align: justify;\">MEA<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>South Africa<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Saudi Arabia<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>UAE<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><strong>List of Key Players for Revenue Cycle Management Market:<\/strong><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Allscripts Inc;<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Cerner Corporation<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>NextGen Healthcare Information Solution LLC<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Epic Systems Corporation<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Change Healthcare<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>McKesson Corporation<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>CareCloud Corporation<\/span><\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\"><span>Experian Health<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>Have Any Query? Ask Our Experts for More Details on Report<\/strong>:<a href=\"https:\/\/www.grandviewresearch.com\/inquiry\/4265\/ibb\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=rashmi-s_saket-p_hc_1-feb-21&amp;utm_term=revenue-cycle-management-market&amp;utm_content=inquire_before_buying\" target=\"_blank\">https:\/\/www.grandviewresearch.com\/inquiry\/4265\/ibb<\/a><\/p>\n<p style=\"text-align: justify;\"><strong>Browse Related Report<\/strong> @<\/p>\n<p style=\"text-align: justify;\"><strong>Immunoassay Analyzers Market<\/strong>&nbsp;&ndash;&nbsp;<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/immunoassay-instruments-analyzers-market\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=rashmi-s_saket-p_hc_1-feb-21&amp;utm_term=revenue-cycle-management-market&amp;utm_content=rl\" target=\"_blank\">https:\/\/www.grandviewresearch.com\/industry-analysis\/immunoassay-instruments-analyzers-market<\/a><\/p>\n<p style=\"text-align: justify;\">Explore the BI enabled intuitive market research database, Navigate with <a href=\"https:\/\/www.grandviewresearch.com\/compass\/?utm_source=abnewswire&amp;utm_medium=referral&amp;utm_campaign=rashmi-s_saket-p_hc_1-feb-21&amp;utm_term=revenue-cycle-management-market&amp;utm_content=compass\" target=\"_blank\"><strong>Grand View Compass<\/strong><\/a>, by Grand View Research, Inc.<\/p>\n<p style=\"text-align: justify;\"><strong>About Grand View Research<\/strong><\/p>\n<p style=\"text-align: justify;\">Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.<\/p>\n<p style=\"text-align: justify;\"><span>&nbsp;<\/span><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/grandviewresearch.com_9886.html\" rel=\"nofollow\">Grand View Research, Inc.<\/a><br \/><strong>Contact Person:<\/strong> Sherry James, Corporate Sales Specialist &#8211; U.S.A.<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=revenue-cycle-management-market-to-witness-phenomenal-growth-of-1603-billion-by-2027-registering-a-healthy-cagr-of-121-grand-view-research-inc\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 1888202951<br \/><strong>Address:<\/strong>Grand View Research, Inc. 201 Spear Street 1100  San Francisco, CA 94105, United States<br \/><strong>City:<\/strong> San Francisco<br \/><strong>State:<\/strong> California<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/revenue-cycle-management-rcm-market\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=revenue-cycle-management-market-to-witness-phenomenal-growth-of-1603-billion-by-2027-registering-a-healthy-cagr-of-121-grand-view-research-inc\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Grand View Research, Inc. \u2013 Market Research And Consulting.&#8221; According to a recent report, published by Grand View Research Inc., the revenue cycle management market is largely driven by the growing inclination towards cloud-based solutions in the healthcare settings along &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/revenue-cycle-management-market-to-witness-phenomenal-growth-of-1603-billion-by-2027-registering-a-healthy-cagr-of-121-grand-view-research-inc_528327.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[405,412,406,413,411],"tags":[],"class_list":["post-528327","post","type-post","status-publish","format-standard","hentry","category-Health-Medicine","category-News-Current-Affairs","category-Pharmaceuticals-Biotech","category-Services","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/528327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=528327"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/528327\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=528327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=528327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=528327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}