Revenue Cycle Management (RCM) Market in US 2023-2027

Report
127 Pages
June 2023
Region: United States
TechNavio
ID: 5868209

The revenue cycle management (RCM) market in the US is forecasted to grow by USD 11,985.2 mn during 2022-2027, accelerating at a CAGR of 9.94% during the forecast period. The report on the revenue cycle management (RCM) market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need to reduce revenue leakages in healthcare systems, rise in adoption of electronic health records (EHR) in the US, and increase in healthcare-related spending in the US.

The revenue cycle management (RCM) market in US is segmented as below:

By Product

Software
Services

By End-user

Hospitals
Physicians
Medical labs

This study identifies the growing adoption of value-based reimbursement model as one of the prime reasons driving the revenue cycle management (RCM) market in US growth during the next few years. Also, growing number of strategic partnerships and acquisitions by vendors and growing awareness about cybersecurity will lead to sizable demand in the market.

The report on the revenue cycle management (RCM) market in US covers the following areas:

Revenue cycle management (RCM) market in US sizing
Revenue cycle management (RCM) market in US forecast
Revenue cycle management (RCM) market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading revenue cycle management (RCM) market in US vendors that include Acclara Solutions LLC, athenahealth Inc., CareCloud Inc., Change Healthcare Inc., Cognizant Technology Solutions Corp., Computer Programs and Systems Inc., eClinicalWorks LLC, Epic Systems Corp., Experian Plc, International Business Machines Corp., Koch Industries Inc., McKesson Corp., Medical Information Technology Inc., Oncospark Inc., Oracle Corp., OSP, Planet DDS, R1 RCM Inc., Sage Group Plc, The SSI Group LLC, and Veradigm LLC. Also, the revenue cycle management (RCM) market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Revenue cycle management (RCM) market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on revenue cycle management (rcm) market in US 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
6.3 Software - Market size and forecast 2022-2027
Exhibit 29: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Software - Year-over-year growth 2022-2027 (%)
6.4 Services - Market size and forecast 2022-2027
Exhibit 33: Chart on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Services - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Services - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 37: Market opportunity by Product ($ million)
Exhibit 38: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 39: Chart on End-user - Market share 2022-2027 (%)
Exhibit 40: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 41: Chart on Comparison by End-user
Exhibit 42: Data Table on Comparison by End-user
7.3 Hospitals - Market size and forecast 2022-2027
Exhibit 43: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
7.4 Physicians - Market size and forecast 2022-2027
Exhibit 47: Chart on Physicians - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Physicians - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Physicians - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Physicians - Year-over-year growth 2022-2027 (%)
7.5 Medical labs - Market size and forecast 2022-2027
Exhibit 51: Chart on Medical labs - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Medical labs - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Medical labs - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Medical labs - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by End-user
Exhibit 55: Market opportunity by End-user ($ million)
Exhibit 56: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 58: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 60: Overview on factors of disruption
10.4 Industry risks
Exhibit 61: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 62: Vendors covered
11.2 Market positioning of vendors
Exhibit 63: Matrix on vendor position and classification
11.3 Acclara Solutions LLC
Exhibit 64: Acclara Solutions LLC - Overview
Exhibit 65: Acclara Solutions LLC - Product/Service
Exhibit 66: Acclara Solutions LLC - Key offerings
11.4 athenahealth Inc.
Exhibit 67: athenahealth Inc. - Overview
Exhibit 68: athenahealth Inc. - Product/Service
Exhibit 69: athenahealth Inc. - Key offerings
11.5 Change Healthcare Inc.
Exhibit 70: Change Healthcare Inc. - Overview
Exhibit 71: Change Healthcare Inc. - Business segments
Exhibit 72: Change Healthcare Inc. - Key news
Exhibit 73: Change Healthcare Inc. - Key offerings
Exhibit 74: Change Healthcare Inc. - Segment focus
11.6 Cognizant Technology Solutions Corp.
Exhibit 75: Cognizant Technology Solutions Corp. - Overview
Exhibit 76: Cognizant Technology Solutions Corp. - Business segments
Exhibit 77: Cognizant Technology Solutions Corp. - Key news
Exhibit 78: Cognizant Technology Solutions Corp. - Key offerings
Exhibit 79: Cognizant Technology Solutions Corp. - Segment focus
11.7 Computer Programs and Systems Inc.
Exhibit 80: Computer Programs and Systems Inc. - Overview
Exhibit 81: Computer Programs and Systems Inc. - Business segments
Exhibit 82: Computer Programs and Systems Inc. - Key offerings
Exhibit 83: Computer Programs and Systems Inc. - Segment focus
11.8 Epic Systems Corp.
Exhibit 84: Epic Systems Corp. - Overview
Exhibit 85: Epic Systems Corp. - Product/Service
Exhibit 86: Epic Systems Corp. - Key offerings
11.9 Experian Plc
Exhibit 87: Experian Plc - Overview
Exhibit 88: Experian Plc - Business segments
Exhibit 89: Experian Plc - Key offerings
Exhibit 90: Experian Plc - Segment focus
11.10 International Business Machines Corp.
Exhibit 91: International Business Machines Corp. - Overview
Exhibit 92: International Business Machines Corp. - Business segments
Exhibit 93: International Business Machines Corp. - Key news
Exhibit 94: International Business Machines Corp. - Key offerings
Exhibit 95: International Business Machines Corp. - Segment focus
11.11 McKesson Corp.
Exhibit 96: McKesson Corp. - Overview
Exhibit 97: McKesson Corp. - Business segments
Exhibit 98: McKesson Corp. - Key offerings
Exhibit 99: McKesson Corp. - Segment focus
11.12 Medical Information Technology Inc.
Exhibit 100: Medical Information Technology Inc. - Overview
Exhibit 101: Medical Information Technology Inc. - Product/Service
Exhibit 102: Medical Information Technology Inc. - Key offerings
11.13 Oncospark Inc.
Exhibit 103: Oncospark Inc. - Overview
Exhibit 104: Oncospark Inc. - Product/Service
Exhibit 105: Oncospark Inc. - Key offerings
11.14 OSP
Exhibit 106: OSP - Overview
Exhibit 107: OSP - Product/Service
Exhibit 108: OSP - Key offerings
11.15 Planet DDS
Exhibit 109: Planet DDS - Overview
Exhibit 110: Planet DDS - Product/Service
Exhibit 111: Planet DDS - Key offerings
11.16 The SSI Group LLC
Exhibit 112: The SSI Group LLC - Overview
Exhibit 113: The SSI Group LLC - Product/Service
Exhibit 114: The SSI Group LLC - Key offerings
11.17 Veradigm LLC
Exhibit 115: Veradigm LLC - Overview
Exhibit 116: Veradigm LLC - Business segments
Exhibit 117: Veradigm LLC - Key offerings
Exhibit 118: Veradigm LLC - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 119: Inclusions checklist
Exhibit 120: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 121: Currency conversion rates for US$
12.4 Research methodology
Exhibit 122: Research methodology
Exhibit 123: Validation techniques employed for market sizing
Exhibit 124: Information sources
12.5 List of abbreviations
Exhibit 125: List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on US: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on revenue cycle management (rcm) market in US 2017 - 2021 ($ million)
Exhibits 16: Historic Market Size - Product Segment 2017 - 2021 ($ million)
Exhibits 17: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Product - Market share 2022-2027 (%)
Exhibits 26: Data Table on Product - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Product
Exhibits 28: Data Table on Comparison by Product
Exhibits 29: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibits 30: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibits 31: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Software - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Services - Market size and forecast 2022-2027 ($ million)
Exhibits 34: Data Table on Services - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Chart on Services - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Services - Year-over-year growth 2022-2027 (%)
Exhibits 37: Market opportunity by Product ($ million)
Exhibits 38: Data Table on Market opportunity by Product ($ million)
Exhibits 39: Chart on End-user - Market share 2022-2027 (%)
Exhibits 40: Data Table on End-user - Market share 2022-2027 (%)
Exhibits 41: Chart on Comparison by End-user
Exhibits 42: Data Table on Comparison by End-user
Exhibits 43: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibits 45: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
Exhibits 46: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
Exhibits 47: Chart on Physicians - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Data Table on Physicians - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Chart on Physicians - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Physicians - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on Medical labs - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on Medical labs - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on Medical labs - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Medical labs - Year-over-year growth 2022-2027 (%)
Exhibits 55: Market opportunity by End-user ($ million)
Exhibits 56: Data Table on Market opportunity by End-user ($ million)
Exhibits 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 58: Impact of drivers and challenges in 2022 and 2027
Exhibits 59: Overview on Criticality of inputs and Factors of differentiation
Exhibits 60: Overview on factors of disruption
Exhibits 61: Impact of key risks on business
Exhibits 62: Vendors covered
Exhibits 63: Matrix on vendor position and classification
Exhibits 64: Acclara Solutions LLC - Overview
Exhibits 65: Acclara Solutions LLC - Product/Service
Exhibits 66: Acclara Solutions LLC - Key offerings
Exhibits 67: athenahealth Inc. - Overview
Exhibits 68: athenahealth Inc. - Product/Service
Exhibits 69: athenahealth Inc. - Key offerings
Exhibits 70: Change Healthcare Inc. - Overview
Exhibits 71: Change Healthcare Inc. - Business segments
Exhibits 72: Change Healthcare Inc. - Key news
Exhibits 73: Change Healthcare Inc. - Key offerings
Exhibits 74: Change Healthcare Inc. - Segment focus
Exhibits 75: Cognizant Technology Solutions Corp. - Overview
Exhibits 76: Cognizant Technology Solutions Corp. - Business segments
Exhibits 77: Cognizant Technology Solutions Corp. - Key news
Exhibits 78: Cognizant Technology Solutions Corp. - Key offerings
Exhibits 79: Cognizant Technology Solutions Corp. - Segment focus
Exhibits 80: Computer Programs and Systems Inc. - Overview
Exhibits 81: Computer Programs and Systems Inc. - Business segments
Exhibits 82: Computer Programs and Systems Inc. - Key offerings
Exhibits 83: Computer Programs and Systems Inc. - Segment focus
Exhibits 84: Epic Systems Corp. - Overview
Exhibits 85: Epic Systems Corp. - Product/Service
Exhibits 86: Epic Systems Corp. - Key offerings
Exhibits 87: Experian Plc - Overview
Exhibits 88: Experian Plc - Business segments
Exhibits 89: Experian Plc - Key offerings
Exhibits 90: Experian Plc - Segment focus
Exhibits 91: International Business Machines Corp. - Overview
Exhibits 92: International Business Machines Corp. - Business segments
Exhibits 93: International Business Machines Corp. - Key news
Exhibits 94: International Business Machines Corp. - Key offerings
Exhibits 95: International Business Machines Corp. - Segment focus
Exhibits 96: McKesson Corp. - Overview
Exhibits 97: McKesson Corp. - Business segments
Exhibits 98: McKesson Corp. - Key offerings
Exhibits 99: McKesson Corp. - Segment focus
Exhibits 100: Medical Information Technology Inc. - Overview
Exhibits 101: Medical Information Technology Inc. - Product/Service
Exhibits 102: Medical Information Technology Inc. - Key offerings
Exhibits 103: Oncospark Inc. - Overview
Exhibits 104: Oncospark Inc. - Product/Service
Exhibits 105: Oncospark Inc. - Key offerings
Exhibits 106: OSP - Overview
Exhibits 107: OSP - Product/Service
Exhibits 108: OSP - Key offerings
Exhibits 109: Planet DDS - Overview
Exhibits 110: Planet DDS - Product/Service
Exhibits 111: Planet DDS - Key offerings
Exhibits 112: The SSI Group LLC - Overview
Exhibits 113: The SSI Group LLC - Product/Service
Exhibits 114: The SSI Group LLC - Key offerings
Exhibits 115: Veradigm LLC - Overview
Exhibits 116: Veradigm LLC - Business segments
Exhibits 117: Veradigm LLC - Key offerings
Exhibits 118: Veradigm LLC - Segment focus
Exhibits 119: Inclusions checklist
Exhibits 120: Exclusions checklist
Exhibits 121: Currency conversion rates for US$
Exhibits 122: Research methodology
Exhibits 123: Validation techniques employed for market sizing
Exhibits 124: Information sources
Exhibits 125: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global revenue cycle management (RCM) market in US: Acclara Solutions LLC, athenahealth Inc., CareCloud Inc., Change Healthcare Inc., Cognizant Technology Solutions Corp., Computer Programs and Systems Inc., eClinicalWorks LLC, Epic Systems Corp., Experian Plc, International Business Machines Corp., Koch Industries Inc., McKesson Corp., Medical Information Technology Inc., Oncospark Inc., Oracle Corp., OSP, Planet DDS, R1 RCM Inc., Sage Group Plc, The SSI Group LLC, and Veradigm LLC.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing adoption of value-based reimbursement model.'

According to the report, one of the major drivers for this market is the growing need to reduce revenue leakages in healthcare systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Acclara Solutions LLC
athenahealth Inc.
CareCloud Inc.
Change Healthcare Inc.
Cognizant Technology Solutions Corp.
Computer Programs and Systems Inc.
eClinicalWorks LLC
Epic Systems Corp.
Experian Plc
International Business Machines Corp.
Koch Industries Inc.
McKesson Corp.
Medical Information Technology Inc.
Oncospark Inc.
Oracle Corp.
OSP
Planet DDS
R1 RCM Inc.
Sage Group Plc
The SSI Group LLC
Veradigm LLC

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€2444EUR$2,500USD£2,041GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€3910EUR$4,000USD£3,266GBP

The revenue cycle management (RCM) market in US is segmented as below:

By Product

By End-user

The report on the revenue cycle management (RCM) market in US covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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