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North American Revenue Cycle Management System (RCM) Market

  • Report Code: RE 1000
  • Publish Date: 02 May 2015
  • Next Update Date: 02 Aug 2015
  
Description
Table of Contents
Customer Intelligence

The North American Revenue Cycle Management (RCM) market is spread across various countries in this region, with several companies and their subsidiaries operating in this market. This report offers a comprehensive overview of market drives, restraints, and opportunities; in addition to market sizing and forecast of revenue during the time-period 2014–2019.It also highlights the shares of top companies thriving in this market, in addition to significant growth strategies adopted by them to sustain their market position.

 

North American Revenue cycle management system market is expected to grow at a CAGR of 7.2% from 2014 to 2019. RCM has become one of the most popular functions for healthcare providers to outsource, due to its critical importance and significant challenges associated with managing internal functionalities of hospitals and clinics, in an efficient and cost-effective manner. The transformation of the U.S. healthcare facility is anticipated to ensure widespread adoption of these outsourced services. Healthcare reforms is currently laying emphasis on the need to optimize RCM across increasingly complex and distributed accountable care organizations (ACOs) encompassing physician practices, ambulatory clinics, and hospitals.

 

Revenue cycle management is an integral administrative section in the healthcare industry. This function helps the clinical staff manage claims, payments, and revenues. The automation of RCM is highly essential as it makes way for hassle-free processing of transactions, and eliminates the incidence of human errors.

 

This report on the North American revenue cycle management market is prepared by conducting extensive primary and secondary research.

 

On the basis of type, this market is segmented into web scheduling, integrated RCM system, standalone RCM system, web pre-registration, medical necessity alert at registration, medical necessity alert at scheduling, claims attachment rules, claims denial rules, biller’s dashboard, EMR documentation for claims, claims remittance updates AR, direct payer claims, EFT transaction, eligibility transaction with payer, and web bill pay among other applications.

 

 

 

                                                                                       



1 Introduction

1.1 Objective of the Study

1.2 Market Segmentation & Coverage

1.3 Stakeholders

 

2 Research Methodology

2.1 Integrated Ecosystem of Revenue Cycle Management System Market

2.2 Arriving At the Revenue Cycle Management System Market Size

2.2.1 Top-Down Approach

2.2.2 Bottom-Up Approach

2.2.3 Demand Side Approach

2.2.4 Macro Indicator-Based Approach

2.3 Assumptions

 

3 Executive Summary

 

4 Market Overview

4.1 Introduction

4.2 North America Revenue Cycle Management System Market: Comparison with Parent Market

4.3 Market Drivers and Inhibitors

4.4 Key Market Dynamics

4.5 Demand Side Analysis

4.6 Vendor Side Analysis

 

5 Revenue Cycle Management System Market, By Application

5.1 Research Methodology

5.2 Introduction

5.3 Demand Side Analysis

5.4 Vendor Side Analysis

5.5 Revenue Cycle Management System in Other Applications, By Geography

5.6 Sneak View: North America Non-Clinical Information Systems Market, By Application

 

6 Revenue Cycle Management System Market, By Deployment

6.1 Research Methodology

6.2 Introduction

6.3 North America Revenue Cycle Management System Market, Type Comparison with Non-Clinical Information Systems Market

6.4 North America Web-based Market, By Geography

6.5 North America On-premise Market, By Geography

6.6 North America Cloud-based Market, By Geography

6.7 Sneak View: North America Non-Clinical Information Systems Market, By Deployment

 

7 Revenue Cycle Management System Market, By Component

7.1 Research Methodology

7.2 Introduction

7.3 North America Revenue Cycle Management System Market, Type Comparison with Non-Clinical Information Systems Market

7.4 North America Services (Healthcare IT) Market, By Geography

7.5 North America Software (Healthcare IT) Market, By Geography

7.6 North America Hardware (Healthcare IT) Market, By Geography

7.7 Sneak View: North America Non-Clinical Information Systems Market, By Component

 

8 Revenue Cycle Management System Market, By End-User

8.1 Research Methodology

8.2 Introduction

8.3 Demand Side Analysis

8.4 Vendor Side Analysis

8.5 Revenue Cycle Management System in Hospitals, By Geography

8.6 Revenue Cycle Management System in Office based Physicians, By Geography

8.7 Revenue Cycle Management System in Medical & Diagnostic Laboratories, By Geography

8.8 Revenue Cycle Management System in Ambulatory Care Solutions, By Geography

8.9 Revenue Cycle Management System in Other End-users, By Geography

8.10 Sneak View: North America Non-Clinical Information Systems Market, By End-user

 

9 Revenue Cycle Management System Market, By Product

9.1 Research Methodology

9.2 Introduction

9.3 North America Revenue Cycle Management System Market, Type Comparison with Non-Clinical Information Systems Market

9.4 North America Integrated RCM System Market, By Geography

9.5 North America Standalone RCM System Market, By Geography

9.6 Sneak View: North America Non-Clinical Information Systems Market, By Product

 

10 Revenue Cycle Management System Market, By Geography

10.1 Research Methodology

10.2 Introduction

10.3 Vendor Side Analysis

10.4 U.S. Revenue Cycle Management System Market

10.4.1 U.S. Revenue Cycle Management System Market, By Application

10.4.2 U.S. Revenue Cycle Management System Market, By Type

10.5 Canada Revenue Cycle Management System Market

10.5.1 Canada Revenue Cycle Management System Market, By Application

10.5.2 Canada Revenue Cycle Management System Market, By Type

10.6 Mexico Revenue Cycle Management System Market

10.6.1 Mexico Revenue Cycle Management System Market, By Application

10.6.2 Mexico Revenue Cycle Management System Market, By Type

10.7 Sneak View: North America Non-Clinical Information Systems Market, By Geography

11 Competitive Landscape

11.1 Revenue Cycle Management System Market Concentration Analysis

11.2 Company Presence in Revenue Cycle Management System Market, By Type

11.3 Mergers & Acquisitions

11.4 Other Expansions

11.5 New Synergies

 

12 Revenue Cycle Management System Market, By Company

12.1 Quest Diagnostics

12.1.1 Overview

12.1.2 Key Financials

12.1.3 Product and Service Offerings

12.1.4 Related Developments

12.1.5 MMM Analysis

12.2 McKesson Corporation

12.2.1 Overview

12.2.2 Key Financials

12.2.3 Product and Service Offerings

12.2.4 Related Developments

12.2.5 MMM Analysis

12.3 CareCloud Corporation

12.3.1 Overview

12.3.2 Key Financials

12.3.3 Product and Service Offerings

12.3.4 Related Developments

12.3.5 MMM Analysis

12.4 Kareo

12.4.1 Overview

12.4.2 Key Financials

12.4.3 Product and Service Offerings

12.4.4 Related Developments

12.4.5 MMM Analysis

12.5 Athenahealth

12.5.1 Overview

12.5.2 Key Financials

12.5.3 Product and Service Offerings

12.5.4 Related Developments

12.5.5 MMM Analysis

12.6 Cerner Corporation

12.6.1 Overview

12.6.2 Key Financials

12.6.3 Product and Service Offerings

12.6.4 Related Developments

12.6.5 MMM Analysis

12.7 SSI Group, Inc.

12.7.1 Overview

12.7.2 Key Financials

12.7.3 Product and Service Offerings

12.7.4 Related Developments

12.7.5 MMM Analysis

12.8 eClinicalWorks

12.8.1 Overview

12.8.2 Key Financials

12.8.3 Product and Service Offerings

12.8.4 Related Developments

12.8.5 MMM Analysis

12.9 General Electric Company

12.9.1 Overview

12.9.2 Key Financials

12.9.3 Product and Service Offerings

12.9.4 Related Developments

12.9.5 MMM Analysis

12.10 Allscripts

12.10.1 Overview

12.10.2 Key Financials

12.10.3 Product and Service Offerings

12.10.4 Related Developments

12.10.5 MMM Analysis


13 APPENDIX

 

 

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