Increased Importance of Cloud-Based Systems Propelling Growth Prospects in the Global Healthcare RCM Outsourcing Market: Technavio Report

Renewable energy

 

  • The key vendors in the global healthcare RCM outsourcing market 2015-2019 are Conifer Health Solutions, Emdeon Business Services, McKesson, MedAssets, Parallon Business Solutions, and The SSI Group.

London, 16 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global healthcare RCM outsourcing market 2015-2019.   The cloud-based systems are gaining significant traction in the healthcare industry because of the advantages of moving from CAPEX to the OPEX model. The use of the cloud is a growing trend in the healthcare RCM outsourcing market as it enables enhanced patient engagement, proper assessment and planning, insightful decision support, and seamless integration.  The global healthcare RCM outsourcing market is expected to grow at a CAGR of 17.55% during the forecast period of 2015-2019.

The healthcare industry is witnessing the introduction of new reimbursement models due to the increase in uninsured patients and the aging population. There are three main reimbursement models: the traditional fee-for-service model, the value-based model, and the blended model.

“Revenue management analytics is gaining traction in the healthcare industry due to its ability to align the activities and documentation of front-end physician practice managers and administrators and the back-end central billing office,” says Faisal Ghaus, Vice President of Technavio Research.

“Healthcare service providers need this type of extensive solution to align the cost of care with a high-quality patient outcome.”

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

If you are interested in more information on this topic and our upcoming research on the Global Healthcare RCM Outsourcing Market 2015-2019, please send an e-mail to media@TechNavio.com

Follow us on Twitter @Technavio

Like us on Facebook

Follow us LinkedIn

Connect with us on Google+