The U.S. Revenue Cycle Management Market was valued at USD 172.24 billion in 2024, and is projected to reach USD 308.2 billion by 2030, rising at a CAGR of 10.11%. The market is projected to grow at a CAGR of 10.11% from 2025 to 2030. The rapidly transforming healthcare system and adoption of digitalization are paving a path for implementing healthcare IT services such as Revenue Cycle Management (RCM) systems to organize and streamline workflows of healthcare organizations using synchronized management software solutions.
Moreover, healthcare systems in the U.S. are experiencing substantial changes with the adoption of electronic procedures for managing claims and reimbursements. The presence of numerous distinguished healthcare establishments, rising healthcare consciousness & expenditure, and increasing digital literacy are anticipated to boost market growth. Supportive regulatory alterations from government bodies and consistent technological advancements by market stakeholders are projected to further propel growth. The growing need for ongoing technological advancements is compelling the participants to revise their product development approaches to enhance the provider-patient connection within healthcare institutions. Key stakeholders are concentrating on alliances, acquisitions, and strategic collaborations with other industry participants to merge expertise & expand their market presence.
In January 2024, Veradigm LLC announced the acquisition of Koha Health, a full-service RCM provider. The acquisition added further expertise in the Musculoskeletal Medicine (MSK) specialty to the Veradigm Network while also strengthening its capacity to provide revenue cycle services to Ambulatory Surgical Centers (ASCs) and ambulatory healthcare provider practices that use diverse Electronic Health Record (EHR) systems. Veradigm is enhancing its comprehensive revenue cycle services range to offer better value to clients and tap into additional growth opportunities.
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Moreover, healthcare systems in the U.S. are experiencing substantial changes with the adoption of electronic procedures for managing claims and reimbursements. The presence of numerous distinguished healthcare establishments, rising healthcare consciousness & expenditure, and increasing digital literacy are anticipated to boost market growth. Supportive regulatory alterations from government bodies and consistent technological advancements by market stakeholders are projected to further propel growth. The growing need for ongoing technological advancements is compelling the participants to revise their product development approaches to enhance the provider-patient connection within healthcare institutions. Key stakeholders are concentrating on alliances, acquisitions, and strategic collaborations with other industry participants to merge expertise & expand their market presence.
In January 2024, Veradigm LLC announced the acquisition of Koha Health, a full-service RCM provider. The acquisition added further expertise in the Musculoskeletal Medicine (MSK) specialty to the Veradigm Network while also strengthening its capacity to provide revenue cycle services to Ambulatory Surgical Centers (ASCs) and ambulatory healthcare provider practices that use diverse Electronic Health Record (EHR) systems. Veradigm is enhancing its comprehensive revenue cycle services range to offer better value to clients and tap into additional growth opportunities.
U.S. Revenue Cycle Management Market Report Highlights
- On the basis of product type, the integrated system spearheaded the market in 2024 due to the growing demand from healthcare organizations for a synchronized single platform to manage financial activities.
- On the basis of delivery mode, the web-based delivery mode segment dominated the market in 2024 due to the cost-effectiveness and rapid deployment of these solutions.
- On the basis of end-use, the hospitals end-use segment led the market in 2024 due to the presence of well-established hospitals and growing healthcare IT infrastructure.
- The other physician specialty segment dominated the market in 2024 due to increase in insurance coverage for other healthcare services.
- The claim management segment led the market in 2024 in the function segment due to the increasing patient volume and the presence of ineffective claim management systems.
- In September 2022, AGS Health introduced a connected solution that blends automation and Artificial Intelligence (AI) called AGS AI Platform. This solution aims to deliver seamless integration and robust process automation to ease labor shortages and allow flexible, scalable growth.
This report addresses:
- Market intelligence to enable effective decision-making.
- Market estimates and forecasts from 2018 to 2030.
- Growth opportunities and trend analyses.
- Segment and regional revenue forecasts for market assessment.
- Competition strategy and market share analysis.
- Product innovation listings for you to stay ahead of the curve.
- COVID-19's impact and how to sustain in this fast-evolving market.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, & Scope
Chapter 4. Product Business Analysis
Chapter 5. Component Business Analysis
Chapter 6. Delivery Mode Business Analysis
Chapter 7. Specialty Business Analysis
Chapter 8. Sourcing Business Analysis
Chapter 9. Function Business Analysis
Chapter 10. End Use Business Analysis
Chapter 11. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies profiled in this U.S. Revenue Cycle Management market report include:- athenahealth, Inc.
- Cerner Corporation
- eClinicalWorks
- Epic Systems Corporation
- McKesson Corporation
- NXGN Management, LLC
- Oncospark, Inc.
- R1 RCM, Inc.
- The SSI Group, Inc.
- Veradigm LLC (Allscripts Healthcare LLC)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 172.24 Billion |
Forecasted Market Value ( USD | $ 308.2 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | United States |
No. of Companies Mentioned | 11 |