U.S. Revenue Cycle Management Market Size To Reach $308.18 Billion By 2030
U.S. Revenue Cycle Management Industry Overview The U.S. revenue cycle management market size was estimated at USD 155.59 billion in 2023 and is projected to grow at a CAGR of 10.18% from 2024 to 2030. The rapidly transforming healthcare system, including digitalization, has paved the path for implementing healthcare IT services such as Revenue Cycle Management (RCM) systems to organize and streamline healthcare organization workflows using synchronized management software solutions. RCM solutions are an integration of payment models, reimbursement guidelines, codes, and third-party payers. Medical services are facing complex challenges in billing and precise payment, which is anticipated to drive the demand for innovative RCM solutions. The availability of advanced innovative RCM solutions offered by renowned third-party service providers can help healthcare organizations leverage the economic value and efficacy of these RCM solutions ...