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Date Submitted: 04/14/2015 10:47 PM
Aarkstore - North American Revenue Cycle Management Market By Product, (Integrated RCM, Standalone RCM), By Component, By Deployment (Web-based, On-premise, Cloud-based), By End User (Hospitals, Physicians, Labs) - Forecast to 2019
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Published: Apr 2015| 108 Pages
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Summary
The purpose of this report is to cover the definition, description, and forecast of the North American revenue cycle management system market. It involves a deep dive analysis of market segmentation which comprises sub-markets, products, component, deployment and end-users. The report also delivers in-depth insights of strategic analysis of the key players thriving in the market.
In this Market research report, the “North American revenue cycle management system market” is segmented on the basis of product, component, deployment, end-user, and geography. The North American revenue cycle management system market, by product is segmented into integrated RCM systems and standalone RCM systems, while the market by deployment is further categorized as on-premises, web-based, and cloud-based. On the basis of component, the market is segmented into hardware, software, and services.
The applications are web bill pay, web pre-registration, web scheduling, medical necessity alert at registration, medical necessity alert at scheduling, claims attachment rules, claims denial rules, biller’s dashboard, EMR documentation for claims, claims remittance updates AR, direct payer claims, EFT transaction, and eligibility transaction with payer among others. The end-users are physicians, ambulatory care solutions, hospitals, and labs.
Globally, North America is the largest revenue cycle management (RCM) system market growing at a CAGR of 12.0% from 2014 to 2019. This growth is mainly attributed to decreasing...