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  • Published In : May 2023
  • Code : CMI5739
  • Pages : 167
  • Formats :
      Excel and PDF
  • Industry : Medical Devices
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Medical billing outsourcing is a process of outsourcing billing by the company or any healthcare institution. It enhances the health of the patients by providing quality care and managing hospital staff and other operations effectively. Medical billing outsourcing improves the cash flow, lowers software and equipment expenses, and reduces employee costs and size.  

Market Dynamics:

Increasing digitalization in healthcare, increasing need to make billing processes efficient, growing trend of outsourcing in healthcare, increasing emphasis on compliance and risk management, and rapidly changing healthcare regulations are major factors expected to propel growth of the global medical billing outsourcing market over the forecast period. For instance, in August 2022, Access Healthcare accelerated healthcare outsourcing with automation, AI, and Big Data.

Moreover, in October 2021, R1 RCM Inc. announced that American Physician Partners (APP) has extended its revenue cycle management partnership with R1 until 2031. R1 utilized its expertise to re-design APP’s patient financial experience, implementing mobile functionality, predictive outreach solutions, and a proprietary emergency medicine billing system.

Key features of the study:

  • This report provides in-depth analysis of the global medical billing outsourcing market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global medical billing outsourcing market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include GE Healthcare, R1 RCM, Inc. (Accretive Health), Quest Diagnostics, Allscripts Healthcare Solutions, Inc., Kareo, Inc., Cerner Corporation, and Experian Information Solutions, Inc., among others.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global medical billing outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical billing outsourcing market.

Detailed Segmentation:

  • Global Medical Billing Outsourcing Market, By Component:
    • In-house
    • Outsourced
  • Global Medical Billing Outsourcing Market, By Service:
    • Front End
    • Middle End
    • Back End
  • Global Medical Billing Outsourcing Market, By End User:
    • Hospitals
    • Physician Offices
  • Global Medical Billing Outsourcing Market, By Geography:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • GE Healthcare
    • R1 RCM, Inc. (Accretive Health)
    • Quest Diagnostics
    • Allscripts Healthcare Solutions, Inc.
    • Kareo, Inc.
    • Cerner Corporation
    • Experian Information Solutions, Inc.

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Component
      • Market Snapshot, By Service
      • Market Snapshot, By End User
      • Market Snapshot, By Geography
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Growing trend of outsourcing in healthcare
      • Data breaching and high cost of outsourcing
      • Increasing need to make billing processes efficient
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Medical Billing Outsourcing Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Medical Billing Outsourcing Market, By Component, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • In-house
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Outsourced
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  6. Global Medical Billing Outsourcing Market, By Service, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • Front End
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Middle End
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Back End
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  7. Global Medical Billing Outsourcing Market, By End User, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Physician Offices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  8. Global Medical Billing Outsourcing Market, By Geography, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Service, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Service, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Service, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Service, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Service, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
  9. Competitive Landscape
    • GE Healthcare
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • R1 RCM, Inc. (Accretive Health)
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Quest Diagnostics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Allscripts Healthcare Solutions, Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Kareo, Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Cerner Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Experian Information Solutions, Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Analyst Views
  10. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on "Global Medical Billing Outsourcing Market” - forecast to 2030

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