In this report, the global revenue cycle management market is segmented on the basis of product, component, deployment, end user, and region. On the basis of component, the revenue cycle management market is divided into services and software.
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The services segment is expected to account for the largest share of the revenue cycle management component market in 2016. Factors such as the dependence of healthcare organizations on consulting, training, maintenance services, and regular updating of software are contributing to the growth of this segment.
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Complete Report on Revenue Cycle Management Market spread across 159 Pages, Profiling 12 Companies and Supported with 115 Tables and 31 Figures is now available at www.rnrmarketresearch.com/revenue-…arket-report.html .
The global revenue cycle management market is segmented on the basis of product, component, deployment, end user, and region. On the basis of product, the market is segmented into integrated RCM and standalone RCM.
In 2016, the integrated RCM segment is expected to account for the largest share of the market and is expected to grow the highest CAGR during the forecast period. Increasing demand for integrated solutions, which play an integral role in improving process efficiency and cost reduction is the major factor driving the growth of the integrated RCM segment.
Stakeholders Covered in this Research Report are as Follows
- Healthcare equipment manufacturers
- Healthcare IT vendors
- Healthcare IT service providers
- Healthcare providers
- Healthcare payers
- Healthcare consultants
- Healthcare associations/institutions
- Business research and consulting service providers
On the basis of product, the revenue cycle management market is segmented into integrated RCM and standalone RCM. The integrated segment is expected to account for the largest share of the global revenue cycle management product market in 2016.
The shift in the healthcare industry from volume-based payment to value-based payment systems; and streamlined and coordinated multiple financial functions through a single platform with the use of integrated RCM are the factors attributing to the growth of this segment.
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Growth in the market is driven by regulatory compliance encouraging the use of RCM solutions, government support, increasing number of patients, and process improvements in healthcare organizations brought about by RCM. In addition, vendor consolidation to provide end-to-end solutions, cloud-based solutions, and potential RCM markets for IT vendors are expected to offer growth opportunities for market players.
2 Market Player Ranking
3 Competitive Situation and Trends
4 Agreements, Collaborations, and Partnerships
5 Product & Service Launches
7 Other Developments
Major players operating in the revenue cycle management market include McKesson Corporation (U.S.), Cerner Corporation (U.S.), Quest Diagnostics Incorporated (U.S.), athenahealth, Inc. (U.S.), and eClinicalWorks LLC (U.S.).
However, high cost of deployment, dearth of trained IT personnel, and infrastructural loop holes in developing markets are restraining the growth of this market.
Connect for More Details for More Information “Revenue Cycle Management Market by Product type (Integrated RCM, Standalone RCM), Component (Services, Software), Deployment (Web-based, on premise, Cloud-based), End-User (Hospital, Physician, Laboratory, Pharmacy), Geography - Global Forecast to 2021” report @ www.rnrmarketresearch.com/contacts…ying?rname=332959 .
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe. In Asia-Pacific, China is the largest consumer for packaging printing, followed by Japan.
China, with its growing food & beverage and healthcare industries, is expected to drive the packaging printing market. Japan, with its growing inclination toward convenient products, is expected to impact the packaging printing market in the Asia-Pacific region.
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