The analysts forecast the healthcare RCM outsourcing market in the US to grow at a CAGR of 13.07% during the period 2018-2022. One trend in the market is increasing consolidation in the healthcare RCM outsourcing industry.
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One of the significant trends in the healthcare RCM outsourcing market in the US is the increasing number of M&A that is taking place in the market.
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However, this pattern is not restricted to the healthcare RCM outsourcing market. The entire healthcare industry in the US has witnessed an increasing number of M&As in 2017.
Major key players in the healthcare RCM outsourcing market in the US: Allscripts, Change Healthcare, Conifer Health Solutions, and MEDNAX Services.
According to the healthcare RCM outsourcing market report, one driver in the market is improvement in healthcare administrative processes. The key driver for the healthcare RCM outsourcing market in the US is the improvement in healthcare administrative processes, optimization, and operational efficiency.
Manual processes result in data redundancies and errors, creating a complex and inefficient system.
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Further, the healthcare RCM outsourcing market report states that one challenge in the market is offshore outsourcing intensifying competition in the market. The primary challenge for the healthcare RCM outsourcing market in the US is the growing offshore outsourcing opportunities for the healthcare providers in the US.
This competition is mostly provided by countries such as India and China with their massive IT services sector and low labor cost.
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?