Growing Need of Mid-RCM Solution in Healthcare to Support the Growth of the Clinical Documentation Improvement Market
Mid-Revenue Cycle Management/Clinical Documentation Improvement Market by Product & Service (Solutions, Consulting Services), End User (Healthcare Providers, Healthcare Payers), and Geography- Global Forecast to 2025
Pune, India – June 30, 2019 /MarketersMedia/ —
Meticulous Research® – leading global market research company is researching on market titled “Mid-Revenue Cycle Management/Clinical Documentation Improvement Market by Product & Service (Solutions, Consulting Services), End User (Healthcare Providers, Healthcare Payers), and Geography- Global Forecast to 2025”.
In order to minimize healthcare costs, check the loss of revenue due to medical billing and coding errors, resolve issues raised by the decline in reimbursement rates, manage ever-increasing amounts of unstructured data, and maintain regulatory compliance, the use of mid-RCM solutions is increasing in healthcare organizations across the globe. However, the factors such as lack of IT infrastructure in developing countries, scarcity of skilled IT professionals, and the risks associated with HCIT solutions in terms of data security & privacy are hindering the growth of the market to some extent.
Download free sample report and gain crucial industry insights @ https://www.meticulousresearch.com/download-sample-report/cp_id=5012
Solutions Segment Dominate the Market in 2018
Based on product and service, mid-revenue cycle management/clinical documentation improvement market is segmented into solutions and consulting services. Solution segment commanded the largest share of the mid-revenue cycle management/clinical documentation improvement market in 2018, owing to the highly lucrative manner of improving revenue cycle productivity by eliminating coding errors allied with manual coding practices and help streamline the workflow surrounded by the healthcare organizations.
Healthcare Provider Spurs the Demand for Mid-Revenue Cycle Management/Clinical Documentation Improvement Solutions
Healthcare provider commanded the largest share of mid-revenue cycle management/clinical documentation improvement market in 2018. The growth of this segment is mainly attributed to rising demand of these solutions from healthcare providers for data accuracy in clinical documentation, minimizing coding errors to increase revenue, and shortening the claim reimbursement cycle.
North America Dominates the Market, while Asia Pacific Leads the Growth
North America commanded the largest share of the mid-revenue cycle management/clinical documentation improvement market in 2018, owing to increasing demand for advanced computer-assisted coding systems and rend of decreasing reimbursement rates throughout the region. However, the Asia-Pacific region is projected to grow at a significant pace in the next few years, mainly due to the improving healthcare infrastructure and the rising healthcare insurance coverage and medical tourism.
Key Players in the Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
The key players operating in the mid-revenue cycle management/clinical documentation improvement market are 3M Company, Nuance Communications, Inc., Iodine Software, ChartWise Medical Systems, Inc., Dolbey Systems, Inc., nThrive, Inc., Streamline Health Solutions, LLC, VitalWare, LLC., M*Modal, Optum, Inc., Craneware, Epic Systems Corporation, TruCode LLC, and Cerner Corporation.
Browse in depth report: https://www.meticulousresearch.com/product/clinical-documentation-improvement-market-5012/
Key Topics Covered in This Report:
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Introduction
3.2. Product Analysis
3.3. Regional Analysis
3.4. Key Players
4. Market Insights
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Challenges
4.5. Opportunities
4.6 Market Share Analysis, by Key Players
5. Global Mid-Revenue Cycle Management/Clinical Documentation Improvement Market, By Product & service
5.1. Introduction
5.2. Solutions
5.2.1. Clinical Documentation
5.2.2. Clinical Coding
5.2.3. Charge Capture
5.2.4. Clinical Documentation Improvement
5.2.5. Diagnosis-Related Grouping
5.2.6. Pre-Bill Review
5.3. Consulting Services
6. Global Mid-Revenue Cycle Management/Clinical Documentation Improvement Market, By End User
6.1. Introduction
6.2. Healthcare Providers
5.2.1. Inpatient Settings
5.2.2. Outpatient Settings
6.3. Healthcare Payers
7. Geographic Analysis
7.1. Introduction
7.2. North America
7.2.1. Introduction
7.2.2. U.S.
7.2.3. Canada
7.2.4. Mexico
7.3. Europe
7.3.1. Introduction
7.3.2. Germany
7.3.3. France
7.3.4. U.K.
7.3.5. Italy
7.3.6. Spain
7.3.7. Rest of Europe
7.4. Asia Pacific
7.4.1. Introduction
7.4.2. India
7.4.3. China
7.4.4. Indonesia
7.4.5. Australia and New Zealand
7.4.6. Japan
7.4.7. Rest of Asia Pacific
7.5. Rest of World
7.5.1. Introduction
7.5.2. Latin America
7.5.2.1. Introduction
7.5.2.2. Brazil
7.5.2.3. Argentina
7.5.2.4. Chile
7.5.2.5. Rest of Latin America (RoLATAM)
7.5.3. Middle East and Africa
8. Competitive Landscape
8.1. Introduction
8.2. New Product Launches
8.3. Mergers and Acquisitions
8.4. Agreements, Partnerships, and Collaborations
8.5. Expansions
11. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, Strategic Developments)
11.1. 3M Company
11.2. Nuance Communications, Inc.
11.3. Iodine Software
11.4. ChartWise Medical Systems, Inc.
11.5. Dolbey Systems, Inc.
11.6. nThrive, Inc.
11.7. Streamline Health Solutions, LLC
11.7. VitalWare, LLC.
11.9. M*Modal
11.10. Optum, Inc.
11.11. Craneware
11.12. Epic Systems Corporation
11.13. TruCode LLC
11.14. Cerner Corporation
12. Appendix
12.1 Questionnaire
12.2. Available Customization
Download free sample report and gain crucial industry insights @ https://www.meticulousresearch.com/download-sample-report/cp_id=5012
Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
Phone: +91-744-7780008
Website: https://www.meticulousresearch.com/product/clinical-documentation-improvement-market-5012/
Source: MarketersMedia
Release ID: 88891194
Copyright © 1999-2013 SproutNews.com
