Key Findings & Highlights:

Providers, hospitals, and health systems face significant challenges, from outdated technology systems, inefficient processes, poor integration across different business functions, slow innovation, and a lack of tools for optimizing their revenue cycle management (RCM) workflow. Healthcare providers face various challenges in RCM that can affect operational efficiency and financial stability. This has prompted a growing demand for outsourcing RCM processes to improve patient satisfaction, reduce administrative costs, improve patient collections, increase billing accuracies, and reduce claim denials.

This report provides key market developments, offering essential insights for Chief Executive Officers, Chief Operations Officers, Chief Financial Officers, and Chief Compliance Officers at major hospitals and healthcare systems and informing them of current market dynamics and future potential.