Revenue cycle management is the process used by healthcare systems to track the revenue from patients, from their initial appointment or encounter with the healthcare system to their final payment of the balance. The cycle can be defined as all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. It is a cycle that describes and explains the life cycle of a patient.
The revenue cycle management market is segmented on the basis of product, function, deployment and end user. Based on product the market is segmented as integrated solutions, and standalone. On the basis of function, the market is categorized as claim & denial, medical coding and insurance verification. On the basis of deployment, the market is categorized as web based, on premise, cloud based. On the basis of end user, the market is categorized as hospitals, physicians and lab.
The key players profiled in the Revenue Cycle Management Market research study includes:
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Since, the key findings in the Revenue Cycle Management Market research reports highlight crucial progressive industry trends, it allows the companies across the value chain to develop effective long-term strategies. The clients get to understand a clear picture of the competitors and can develop strategies and modify business expansion plans accordingly. The Revenue Cycle Management Market research reports cover thousands of global players that based on several parameters, such as company revenue, product portfolio, and geographic presence.
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NOTE: All the financials considered in Company Profile’s section have been standardized to US$. This has been achieved after converting the financials (for those not in US$) with respective currency exchange rates of the particular year.
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Primary research involves email interactions and telephone interviews for each market, category, segment and sub -segment across geographies. The participants who typically take part in such a process include, but are not limited to:
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