Revenue Cycle Management Market

North American Revenue Cycle Management System (RCM) Market is Expected to Reach $3,161.5 Million in 2018

Micromarket Monitor reports that the North American revenue cycle management market is currently valued at $2,235 million and is estimated to grow to $3,161M by 2018.  The CAGR from 2013 to 2018 being 7.2%.

Another interesting way of measuring the current rate of growing (in the United States anyway) is to look at employment trends.  According to the April 2014 Bureau of Labor Statistics there were just 21 sectors that grew at 8% or more based on the increase in jobs.  Ambulatory Business Process Outsourcing (BPO) rated as the 13th fastest growing on that list.

Currently most of the Fortune 500 outsource administrative functions like payroll because being good at payroll doesn’t add to the core value of their offerings.  A similar revolution is happening now in the United States for medical accounts receivable.

Details for the Mircomarket Monitor report can be found below:

The North American revenue cycle management report defines and segments the concerned market in North America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/north-america-revenue-cycle-management-system-rcm-8558256575.html The North American revenue cycle management report defines and segments the concerned market in North America with analysis and forecast of revenue. The revenue cycle management […]