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Back-end Revenue Cycle Management Market share by Key players, Regions, Types and Applications, Global Status and Forecast to 2023
by roberthenric · January 21, 2019
The Back-end Revenue Cycle Management Market is projected to reach USD 10.4 billion by 2023 from USD 8.1 billion in 2018, at a CAGR of 5.0%.
According to the new market research report聽鈥淏ack-end Revenue Cycle Management Market by Product and Services (Claim Processing Joonas Donskoi Jersey , Denial Management, Payment Integrity), Delivery Mode (On-Premise, Cloud Based), End-User (Payer, Provider (Inpatient, Outpatient)), and Region 鈥?Global Forecast to 2023鈥? published by MarketsandMarkets™.
Don鈥檛 miss out on business opportunities in聽Back-end Revenue Cycle Management Market
Factors such as the growing importance of denials management Joe Pavelski Jersey , increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the Back-end Revenue Cycle Management Market.
Services segment to dominate the Back-end Revenue Cycle Management Market, by product & service, in 2018
By product & service, the Back-end Revenue Cycle Management Market is segmented into software and services. The services segment is expected to account for the largest share of the Back-end Revenue Cycle Management Market in 2018. The large share of this segment can be attributed to the recurring nature of services such as training and development, installation, software upgrades Patrick Marleau Jersey , consulting, and maintenance. However, due to the need for periodic software upgrades, the software segment is expected to witness the highest growth during the forecast period.
Browse and in-depth TOC on 鈥淏ack-end Revenue Cycle Management Market鈥?p>
79 鈥?Tables
31 鈥?Figures
136 鈥?Pages
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By delivery mode, cloud-based systems to register the highest CAGR during the forecast period
On the basis of delivery mode, the Back-end Revenue Cycle Management Market is segmented into on-premise and cloud-based systems. The cloud-based segment is expected to register the highest CAGR of the Back-end Revenue Cycle Management Market during the forecast period. Growth in this segment can be attributed to the comparatively lower capital expenses and operational costs incurred in this model, alongside its scalability, flexibility Brent Burns Jersey , and affordability.
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