The "Global Back-End Revenue Cycle Management Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
The Global Back-End Revenue Cycle Management market is expected to reach $12.74 billion by 2026 growing at a CAGR of 7.0% from 2019 to 2026.
Back-End Revenue Cycle Management is defined as the collection and management of revenue from the backend office. The cycle starts after the provider has conducted a patient visit and performed clinical documentation and coding responsibilities. Revenue cycle management staff gets engaged in claims management, medical billing, and final patient financial responsibility collections as a part of the back-end.
Factors such as the rising significance of refutation management, declining reimbursement rates, and increasing patient volume are driving the market growth. However, the high cost of deployment is hampering the market growth.
Based on end user, the healthcare payers segment is going to have a lucrative growth during the forecast period. Insurance providers need to comply with various federal and regional laws and regulations. Many of these regulations have privacy and security concerns relating to patient information and strict auditing and reporting requirements. With the help of back-end revenue cycle management solutions, insurance providers adhere to regulatory requirements and reduce unnecessary penalties and punishments. The growing stringency of regulations for payers is thus driving the adoption of back-end revenue cycle management by healthcare payers.
Companies Mentioned
- Allscripts Healthcare Solutions
- Athenahealth
- Cerner
- Cognizant Technology Solutions
- Conifer Health Solutions
- Context 4 Healthcare
- DST Systems
- Eclinicalworks
- GE Healthcare
- Gebbs Healthcare Solutions
- Health Solutions Plus (HSP)
- Mckesson (Now A Part of Change Healthcare Inc)
- Nthrive
- Optum Inc (A Subsidiary of Unitedhealth Group Inc)
- Plexis Healthcare Systems
- Quest Diagnostics
- Ram Technologies
- The SSI Group
Key Questions Answered in this Report:
- How this market evolved since the year 2018
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Back-End Revenue Cycle Management Market, By Delivery Mode
5.1 Introduction
5.2 Cloud-Based Delivery Mode
5.3 On-Premise Delivery Mode
6 Global Back-End Revenue Cycle Management Market, By Product & Service
6.1 Introduction
6.2 Software
6.3 Services
7 Global Back-End Revenue Cycle Management Market, By End User
7.1 Introduction
7.2 Healthcare Providers
7.3 Healthcare Payers
8 Global Back-End Revenue Cycle Management Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
For more information about this report visit https://www.researchandmarkets.com/r/2nphlw
View source version on businesswire.com: https://www.businesswire.com/news/home/20200824005453/en/
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