The report "Revenue Cycle Management Market by Offering (Eligibility Verification, Clinical Coding, CDI Solutions, Claims Processing, Denial Management, Outsourcing Services), Delivery (Cloud), End User (Payers, Hospitals, ASCs), and Region - Global Forecast to 2030"revenue cycle management market is projected to reach USD 105.35 billion by 2030 from USD 61.11 billion in 2025, at a CAGR of 11.5%.
Browse 436 market data Tables and 51 Figures spread through 381 Pages and in-depth TOC on "Revenue Cycle Management Market by Offering (Eligibility Verification, Clinical Coding, CDI Solutions, Claims Processing, Denial Management, Outsourcing Services), Delivery (Cloud), End User (Payers, Hospitals, ASCs), and Region - Global Forecast to 2030"
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The transition from fee-for-service to value-based reimbursement models is transforming the revenue cycle management (RCM) market. Unlike traditional models, which focus on the volume of treatments provided, value-based reimbursement models prioritize patient outcomes. This approach has improved the patient experience and streamlined financial workflows for healthcare providers. As a result, it has positively influenced the growth of the RCM market to some extent. Additionally, increasing regulatory requirements and government initiatives are expected to further drive the demand for the RCM market during the forecast period.
By offering, the outsourcing services segment is expected to grow at the highest rate during the forecast period.
Based on offerings, the RCM market is classified into two main categories: product offerings and outsourcing services. The outsourcing services segment is expected to experience significant growth at a considerable CAGR throughout the forecast period. This growth can be attributed to several factors, including the lack of IT infrastructure and a shortage of skilled healthcare IT (HCIT) personnel.
Furthermore, the increasing complexity of payer reimbursement rules and frequent changes in coding regulations are driving healthcare providers to seek help from third-party RCM experts. In addition, there is a growing need to reduce claim denial rates and speed up cash flow cycles, which has led many mid-sized and large hospitals to choose outsourcing solutions.
Moreover, specialized RCM vendors provide performance-based models that allow healthcare providers to manage costs effectively while improving revenue outcomes.
By delivery mode, the on-premise solutions segment is expected to account for the largest market share.
Based on delivery mode, the revenue cycle management market is segmented into on-premise and cloud-based solutions.In 2024, the on-premise solutions segment held the largest market share. The substantial market share of this segment can be attributed to the robust security and data safety features inherent in on-premise deployment. This model allows healthcare organizations to maintain complete control over their sensitive information, safeguarding against potential breaches and unauthorized access. Furthermore, the ease of data access facilitated by interconnected systems within healthcare facilities enhances operational efficiency. Staff can quickly retrieve patient information and other critical data, streamlining workflows and improving patient care outcomes. As a result, the reliability and security of on-premise solutions continue to drive their popularity in the healthcare sector.
By region, North America accounted for the largest share of the revenue cycle management market in 2024.
In 2024, North America held the largest market share for RCM solutions. This significant share can be attributed to several factors, including strict regulations, an increase in claims denials, well-established government payers, a high number of private healthcare payers, and a substantial presence of healthcare IT companies. Additionally, the widespread adoption of value-based care models has heightened the demand for advanced analytics and real-time revenue tracking tools.
The region is also experiencing a high volume of mergers and acquisitions among RCM vendors, which drives innovation and the development of integrated service offerings. Furthermore, the implementation of ICD-11 coding standards and interoperability mandates has prompted providers to either upgrade or outsource their RCM capabilities to remain compliant and efficient.
Key Players
The prominent players in the revenue cycle management market include Optum, Inc. (US), R1 RCM Inc. (US), Oracle (US), Medical Information Technology, Inc. (US), McKesson Corporation (US), Solventum (US), Experian Information Solutions, Inc. (Ireland), Conifer Health Solutions. (US), Veradigm LLC (US), eClinicalWorks (US), Cognizant (US), athenahealth, Inc. (US), The SSI Group, LLC (US), Huron Consulting Group Inc. (US), AdvancedMD, Inc. (US), GeBBS (US), Epic Systems Corporation (US), TruBridge (US), CareCloud, Inc. (US), MEDHOST (US), AdvantEdge Healthcare Solutions (US), FinThrive (US), Plutus Health (US), Omega Healthcare Management Services (India), and Vee Healthtek, Inc. (US).
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