Global Back-end Revenue Cycle Management Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.6 % from 2018 to 2025. In 2017, the global market valuation was USD 8.9 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Back-end income governance is described as the recovery and administration of income from the back-end department. The process begins after a tour and clinical records and scheduling tasks have been carried out by the supplier. Revenue process employees participate in the handling of allegations, medical billing and initial accounts of hospital economic liabilities. Increased hospital numbers worldwide has helped to expand the back-end revenue cycle management industry. Geographically, North America is expected to be the highest growing region in the global market of back-end revenue cycle management.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global back-end revenue cycle management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global back-end revenue cycle management market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product and Services Insights: On the basis of product and services, global back-end revenue cycle management market has been segmented into claim processing, denial management, payment integrity. It is predicted that in 2018-2023 the service section will be the largest CAGR. This large section is mainly because facilities such as instruction and development, assembly, upgrades in technology, advising and servicing are ongoing in essence.

By Software Type Insights: On the basis of software type, global back-end revenue cycle management market has been segmented into integrated and standalone software. In 2018, the main proportion of the back-end sales process leadership industry in the Integrated Software Segment is anticipated. This section is largely driven by the capacity to provide customers with embedded alternatives to streamline and manage various economic tasks on one single system.

By End User Insights: On the basis of end user, global back-end revenue cycle management market has been segmented into payer and provider. In 2018, the healthcare payers segment is expected to account for the largest share of the market. Insurance suppliers must conform to different legislation and regulations in the national and provincial field. Many of these laws concern the privacy and safety of customer data and rigid requirements pertaining to auditing and disclosure. Insurer’s adhere to legislative demands and decrease excessive penalties and punishments with the aid of back-end income process leadership alternatives. This leads to the implementation of back-end income flow leadership by health care providers through the increasingly restrictive legislation for payers.

Regional Analysis

The back-end revenue cycle management market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2018, a major market share is anticipated to be represented on the North American market. Factors like growing HCIT assets in the area, the existence of legislative obligations to support business development in America and increasing digitalization and favorable public financing measures in North America can be ascribed to North America's big business base.

In the APAC region, the worldwide Back End Revenue Cycle Management Market has been driven through variables such as enhancing significance of denial leadership, increasing customer quantity, improved healthcare organizations processes and decreasing refund prices. Diverse restricting variables, including elevated implementation costs, inclusion of backend income process leadership alternatives, information breaches and the lack of qualified healthcare IT experts, could, on the other side, impede the worldwide industry. During the forecast period, the European economy will develop at the largest pace. Investments in healthcare infrastructure modernization and the increasing implementation of healthcare IT technologies across Europe, initiatives to enhance healthcare supply performance within Europe as well as fast development in the European medical industry can be attributable to development in this region.

Global Back-end Revenue Cycle Management Market Size, Share Analysis by Region 2017

Global Back-end Revenue Cycle Management Market Study Objective

1. To forecast the market size of back-end revenue cycle management market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of back-end revenue cycle management market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of back-end revenue cycle management market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of back-end revenue cycle management market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the back-end revenue cycle management market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

athenahealth, Cerner Corporation, Allscripts Healthcare Solutions, Inc., eClinicalWorks, Optum, Inc., McKesson Corporation, Conifer Health Solutions, GeBBs Healthcare Solutions, The SSI Group, GE Healthcare, nThrive, DST Systems, Cognizant Technology Solutions are some of the key players in the market of back-end revenue cycle management.

Global Back-end Revenue Cycle Management Market Study Report Offer You!

The global back-end revenue cycle management market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.