Medical Billing Outsourcing Industry Research Report - Forecast to 2023

1. Medical Billing Outsourcing Industry Medical Billing Outsourcing Industry Advanced Technology in Emerging Economies are Major Driving Forces in Emerging Economies are Major Driving Forces Advanced Technology, Services, Competitive , Services, Competitive Growth Growth The “GlobalMedical Billing Outsourcing Industry” is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 6982 million in 2017 and is projected to register a CAGR of 12.5% over the forecast period. Medical Billing Outsourcing Industry Scenario 2019 The growing emphasis on compliance and risk management and global expansion of some of the key players are some of the key factors driving the Medical Billing Outsourcing Industry. In 2016, Allscripts acquired Core Medical Solutions, to increase its offerings in Australia. Allscripts currently supports more than 85 hospitals throughout Australia. Various other factors such as rising healthcare expenditure, increasing government support, and technological advancements are also expected to propel the growth of the market. Request https://www.marketresearchfuture.com/sample_request/7621 Free Sample Report Now at However, increasing legislative & regulatory pressure, untapped emerging markets, and high costs of technology can hamper market growth over the forecast period. Some of the key players in the Global Medical Billing Outsourcing Industry are • • • • • • • • • • • • • R1 RCM Inc. Allscripts Cerner Corporation EClinical Works Experian Information Solutions Inc. GENERAL ELECTRIC COMPANY Genpact HCL Technologies Limited Kareo Inc. McKesson Corporation Quest Diagnostics Incorporated The SSI Groups Inc and others. Medical Billing Outsourcing Industry Segmentation The global Medical Billing Outsourcing Industry is segmented based on product, material type, application, end user, and region. The global market for medical billing outsourcing, by component, is segmented into outsourced and in-house. The outsourced segment is anticipated to hold the largest market share owing to the rising adoption of medical billing software by hospitals. Based on service, the market is segmented into front end, middle, and back end. The front-end services, usually, includes preregistration, registration, eligibility, scheduling, pre-authorization, etc. Due to the market saturation, front-end services segment is facing decline. Based on end user, the market is segmented into hospitals, physician’s office, and others. The hospitals segment is expected to hold the largest market share due to rising cases of diseases. Magarpatta Road, Hadapsar, Pune Market Research Future

2. Intended Audience: Healthcare Providers, Government and Private Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers Get Exclusive Discount on this Report at https://www.marketresearchfuture.com/check- discount/7621 Medical Billing Outsourcing Industry Comprehensive Regional Analysis: The Americas dominated the global market for medical billing outsourcing owing to the increasing healthcare expenditure, the presence of major market players, and rising adoption of medical billing outsourcing software by the hospitals within the region. It was found that around 80% of hospitals considering outsourcing full revenue cycle management by 2019. Moreover, in 2018, AdvancedMD announced the availability of ePayments, which facilitates to collect outstanding patient balances and reduce aging A/R more quickly and conveniently. In 2017, it was estimated that Europe stood second in the global Medical Billing Outsourcing Industry. This can be attributed to the increasing need to make billing processes efficient. Asia-Pacific was the fastest growing region in 2017. Emerging economies, such as Singapore, Australia, India, and China, are the most lucrative markets due to the increasing patient pool and improving healthcare facilities. The increasing awareness about medical billing software and their growing importance coupled with the supportive government programs and policies are going to boost up the market. On the other hand, the Middle East and Africa held the least share in the global Medical Billing Outsourcing Industry due to the lack of healthcare awareness, and lack of advanced technology. However, Saudi Arabia and the UAE lead in terms of market shares in this region because of a good economy, skilled medical professionals, and accessibility to modern technology thus, contributing to the steady growth of the market in the Middle Eastern and African region. Browse https://www.marketresearchfuture.com/reports/medical-billing-outsourcing-market-7621 Complete Premium Research with Detailed TOC at LIST OF TABLES Table 1 Medical Billing Outsourcing Industry Synopsis, 2018–2023 Table 2 Medical Billing Outsourcing Industry Estimates And Forecast, 2018–2023 (USD Million) Table 3 Global Medical Billing Outsourcing Industry, By Region, 2018–2023 (USD Million) Table 4 Global Medical Billing Outsourcing Industry, By Component, 2018–2023 (USD Million) Table 5 Global Medical Billing Outsourcing Industry, By Service, 2018–2023 (USD Million) Table 6 Global Medical Billing Outsourcing Industry, End User, 2018–2023 (USD Million) Table 7 North America: Medical Billing Outsourcing Industry, By Component, 2018–2023 (USD Million) Table 8 North America: Medical Billing Outsourcing Industry, By Service, 2018–2023 (USD Million) Table 9 North America: Medical Billing Outsourcing Industry, End User, 2018–2023 (USD Million) Table 10 US: Medical Billing Outsourcing Industry, By Component, 2018–2023 (USD Million) Table 11 US: Medical Billing Outsourcing Industry, By Service, 2018–2023 (USD Million) Magarpatta Road, Hadapsar, Pune Market Research Future

3. Table 12 US: Medical Billing Outsourcing Industry, End User, 2018–2023 (USD Million) …Continued. We https://www.marketresearchfuture.com/enquiry/7621 also offer Customization on Reports Based on Specific Requirement: About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune +1 646 845 9312 Email: sales@marketresearchfuture.com Magarpatta Road, Hadapsar, Pune Market Research Future