Revenue Cycle Management Market Size
The global revenue cycle management market size was valued at usd 64 3 billion in 2019 and is anticipated to expand at a cagr of 12 1 over the forecast period.
Revenue cycle management market size. Key factors driving the market growth are rising regulatory mandates for the adoption of healthcare information technology hit systems in healthcare settings and failure of the traditional billing systems to provide insights about on going billing operations. The global revenue cycle management market was valued at us xx x mn in 2018 and is projected to increase significantly at a cagr of x x from 2019 to 2028. Increasing technological advancement coupled with rising healthcare spending is the key factors driving for the growth of healthcare revenue cycle management market. Revenue cycle management market scope.
Revenue cycle management market size and forecast revenue cycle management market was valued at usd 63 01 billion in 2019 and is projected to reach usd 134 83 billion by 2027 growing at a cagr of 11 7 from 2020 to 2027. The global revenue cycle management rcm market size was valued at usd 65 963 9 million in 2019 and is expected to grow at a compound annual growth rate cagr of 12 2 from 2020 to 2027. This report covers covid 19 impact analysis on revenue cycle management market. Revenue cycle management market overview.
What is the projected market size growth rate of back end revenue cycle management market. Back end revenue cycle management market was valued at usd 7 86 billion in 2018 and is projected to reach usd 11 40 billion by 2026 growing at a cagr of 4 7 from 2019 to 2026. As per this study the global revenue cycle management market was valued usd xx x mn by revenue in 2019 and is anticipated to reach usd xx x mn by 2026 with a cagr of x x. The global revenue cycle management market size is expected to grow from usd 57 949 30 million in 2019 to usd 114 519 97 million by 2025 at a compound annual growth rate cagr of 12 02 during the.
Global revenue cycle management market was valued at 35 419 million in 2016 and is projected to reach 85 008 million by 2023 growing at a cagr of 13 7 from 2017 to 2023. By type the market is segmented into integrated solutions and standalone solutions.