Global RCM Outsourcing Market in Healthcare Sector 2014-2018
Healthcare service providers have long since deployed automated systems to address RCM processes. Legacy IT applications have outdated technology platforms that lack the advanced functionality needed to address new models for reimbursement or RCM. The complex processes of medical billing and collections resulted in gap and inefficiencies which led to loss in revenue. Considering the issues pertaining to revenue cycle processes and workflows, the hospitals and health systems considered the outsourcing option for RCM service. The outsourcing of RCM services ensures maximum collections in the face of growing challenges and also reduces the potential revenue leakage for different RCM processes.
TechNavio’s analysts forecast the Global RCM Outsourcing Market in the Healthcare Sector will grow at a CAGR of 16.93 percent over the period 2013-2018.
Covered in this Report
The Global RCM Outsourcing Market in the Healthcare Sector is divided into three divisions which are front-end services, middle services, and back-end services.
The above mentioned services include all the services that help in managing the Healthcare sector’s revenue cycle.
TechNavio’s report, the Global RCM Outsourcing Market in the Healthcare Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global RCM Outsourcing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
- Conifer Health Solutions LLC
- Emdeon Inc.
- MedAssets Inc.
- Parallon Business Solutions LLC
- The SSI Group Inc.
Other Prominent Vendors
- Adreima LLC
- Alleviant LLC
- avadynehealth
- Cardon Outreach
- FirstSource Solutions Ltd
- Health Systems Management Network Inc.
- Medirevv Inc.
- Precyse Solutions LLC
- Recondo Technology Inc.
- T-System Inc.
- SourceMedical
- Sutherland Global Services Inc.
- Xerox Corp.
Key Market Driver
- Need to Meet Government Compliances.
- For a full, detailed list, view our report.
Key Market Challenge
- Selecting the Right Vendors.
- For a full, detailed list, view our report.
Key Market Trend
- Market Consolidation.
- For a full, detailed list, view our report.
Key Questions Answered in this Report
- What will the market size be in 2018 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table Of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.1.1 Healthcare RCM Outsourcing Overview
06.1.2 Evolution of RCM Industry
06.1.3 Revenue Leakage in Healthcare Industry
06.2 Market Size and Forecast
06.3 Global RCM Outsourcing Market in Healthcare Sector Category by Services
06.4 Global RCM Outsourcing Market in Healthcare Sector - Front-end Services
06.4.1 Market Size and Forecast
06.5 Global RCM Outsourcing Market in Healthcare Sector by Middle Services
06.5.1 Market Size and Forecast
06.6 Global RCM Outsourcing Market in Healthcare Sector by Back-end Services
06.6.1 Market Size and Forecast
06.7 Five Forces Analysis
07. Geographical Segmentation
07.1 Global RCM Outsourcing Market in Healthcare Sector Market by Geographical Segmentation 2013
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Market Share Analysis 2013
15.2 Other Prominent Vendors
16. Key Vendor Analysis
16.1 Conifer Health Solutions LLC
16.1.1 Business Overview
16.1.2 Business Services and Solutions
16.1.3 Key Information
16.1.4 SWOT Analysis
16.2 Emdeon Business Services LLC
16.2.1 Business Overview
16.2.2 Business Solutions
16.2.3 Key Information
16.2.4 SWOT Analysis
16.3 MedAssets Inc.
16.3.1 Business Overview
16.3.2 Business Segmentation
16.3.3 Key Information
16.3.4 SWOT Analysis
16.4 Parallon Business Solutions LLC
16.4.1 Business Overview
16.4.2 Business Solutions
16.4.3 Key Information
16.4.4 SWOT Analysis
16.5 The SSI Group Inc.
16.5.1 Business Overview
16.5.2 Business Solutions
16.5.3 Key Information
16.5.4 SWOT Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: RCM Services
Exhibit 3: Evolution of RCM Industry
Exhibit 4: Potential Areas of Leakage
Exhibit 5: Global RCM Outsourcing Market in Healthcare Sector 2013-2018 (US$ billion)
Exhibit 6: Global RCM Outsourcing Market in Healthcare Sector by Services, 2013
Exhibit 7: Global RCM Outsourcing Market in Healthcare Sector by Front-end Services 2013-2018 (US$ billion)
Exhibit 8: Global RCM Outsourcing Market in Healthcare Sector by Middle Services 2013-2018 (US$ billion)
Exhibit 9: Global RCM Outsourcing Market in Healthcare Sector by Back-end Services 2013-2018 (US$ billion)
Exhibit 10: Business Services and Solutions: Conifer Healthcare Solutions, LLC
Exhibit 11: Business Solutions: Emdeon Inc.
Exhibit 12: Business Segmentation
Exhibit 13: Business Solutions: Parallon Business Solutions LLC
Exhibit 14: Business Solutions: The SSI Group Inc.