Global Healthcare RCM Outsourcing Market Growth (Status and Outlook) 2023-2029

Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.

LPI (LP Information)' newest research report, the “Healthcare RCM Outsourcing Industry Forecast” looks at past sales and reviews total world Healthcare RCM Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected Healthcare RCM Outsourcing sales for 2023 through 2029. With Healthcare RCM Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Healthcare RCM Outsourcing industry.

This Insight Report provides a comprehensive analysis of the global Healthcare RCM Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Healthcare RCM Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Healthcare RCM Outsourcing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Healthcare RCM Outsourcing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Healthcare RCM Outsourcing.

The global Healthcare RCM Outsourcing market size is projected to grow from US$ 19580 million in 2022 to US$ 40390 million in 2029; it is expected to grow at a CAGR of 10.9% from 2023 to 2029.

Global Healthcare RCM Outsourcing key players include Conifer Health Solutions, nthrive (Medassets + Precyse), optum360, GeBBS Healthcare, Change Healthcare (Emdeon) etc. Global top five manufacturers hold a share over 30%. 
North America is the largest market, with a share over 70%, followed by Europe and Asia-Pacific, both have a share over 20% percent. 
In terms of product, Pre-intervention is the largest segment, with a share over 40%. And in terms of application, the largest application is Large Hospitals & Academic Medical Centers followed by Small/Rural Hospitals.

This report presents a comprehensive overview, market shares, and growth opportunities of Healthcare RCM Outsourcing market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Pre-intervention
    Intervention
    Post-intervention

Segmentation by application
    Small & Rural Hospitals
    Community Hospitals
    Large Hospitals & Academic Medical Centers

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Conifer Health Solutions
    nthrive (Medassets + Precyse)
    optum360
    GeBBS Healthcare
    Change Healthcare (Emdeon)
    McKesson RelayHealth
    Parallon (HCA)
    MedData (Cardon Outreach)
    MedAssist (Firstsource)
    Availity
    The SSI
    Accretive Health (R1 RCM Inc)
    Cerner

List of Tables
    Table 1. Healthcare RCM Outsourcing Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Pre-intervention
    Table 3. Major Players of Intervention
    Table 4. Major Players of Post-intervention
    Table 5. Healthcare RCM Outsourcing Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global Healthcare RCM Outsourcing Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Table 8. Healthcare RCM Outsourcing Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Healthcare RCM Outsourcing Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Table 11. Global Healthcare RCM Outsourcing Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global Healthcare RCM Outsourcing Revenue Market Share by Player (2018-2023)
    Table 13. Healthcare RCM Outsourcing Key Players Head office and Products Offered
    Table 14. Healthcare RCM Outsourcing Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global Healthcare RCM Outsourcing Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global Healthcare RCM Outsourcing Market Size Market Share by Regions (2018-2023)
    Table 19. Global Healthcare RCM Outsourcing Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global Healthcare RCM Outsourcing Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas Healthcare RCM Outsourcing Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas Healthcare RCM Outsourcing Market Size Market Share by Country (2018-2023)
    Table 23. Americas Healthcare RCM Outsourcing Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Table 25. Americas Healthcare RCM Outsourcing Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Table 27. APAC Healthcare RCM Outsourcing Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC Healthcare RCM Outsourcing Market Size Market Share by Region (2018-2023)
    Table 29. APAC Healthcare RCM Outsourcing Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Table 31. APAC Healthcare RCM Outsourcing Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Table 33. Europe Healthcare RCM Outsourcing Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe Healthcare RCM Outsourcing Market Size Market Share by Country (2018-2023)
    Table 35. Europe Healthcare RCM Outsourcing Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Table 37. Europe Healthcare RCM Outsourcing Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa Healthcare RCM Outsourcing Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa Healthcare RCM Outsourcing Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa Healthcare RCM Outsourcing Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of Healthcare RCM Outsourcing
    Table 46. Key Market Challenges & Risks of Healthcare RCM Outsourcing
    Table 47. Key Industry Trends of Healthcare RCM Outsourcing
    Table 48. Global Healthcare RCM Outsourcing Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global Healthcare RCM Outsourcing Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global Healthcare RCM Outsourcing Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global Healthcare RCM Outsourcing Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. Conifer Health Solutions Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 53. Conifer Health Solutions Healthcare RCM Outsourcing Product Offered
    Table 54. Conifer Health Solutions Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. Conifer Health Solutions Main Business
    Table 56. Conifer Health Solutions Latest Developments
    Table 57. nthrive (Medassets + Precyse) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 58. nthrive (Medassets + Precyse) Healthcare RCM Outsourcing Product Offered
    Table 59. nthrive (Medassets + Precyse) Main Business
    Table 60. nthrive (Medassets + Precyse) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. nthrive (Medassets + Precyse) Latest Developments
    Table 62. optum360 Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 63. optum360 Healthcare RCM Outsourcing Product Offered
    Table 64. optum360 Main Business
    Table 65. optum360 Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. optum360 Latest Developments
    Table 67. GeBBS Healthcare Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 68. GeBBS Healthcare Healthcare RCM Outsourcing Product Offered
    Table 69. GeBBS Healthcare Main Business
    Table 70. GeBBS Healthcare Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. GeBBS Healthcare Latest Developments
    Table 72. Change Healthcare (Emdeon) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 73. Change Healthcare (Emdeon) Healthcare RCM Outsourcing Product Offered
    Table 74. Change Healthcare (Emdeon) Main Business
    Table 75. Change Healthcare (Emdeon) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. Change Healthcare (Emdeon) Latest Developments
    Table 77. McKesson RelayHealth Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 78. McKesson RelayHealth Healthcare RCM Outsourcing Product Offered
    Table 79. McKesson RelayHealth Main Business
    Table 80. McKesson RelayHealth Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. McKesson RelayHealth Latest Developments
    Table 82. Parallon (HCA) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 83. Parallon (HCA) Healthcare RCM Outsourcing Product Offered
    Table 84. Parallon (HCA) Main Business
    Table 85. Parallon (HCA) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. Parallon (HCA) Latest Developments
    Table 87. MedData (Cardon Outreach) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 88. MedData (Cardon Outreach) Healthcare RCM Outsourcing Product Offered
    Table 89. MedData (Cardon Outreach) Main Business
    Table 90. MedData (Cardon Outreach) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. MedData (Cardon Outreach) Latest Developments
    Table 92. MedAssist (Firstsource) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 93. MedAssist (Firstsource) Healthcare RCM Outsourcing Product Offered
    Table 94. MedAssist (Firstsource) Main Business
    Table 95. MedAssist (Firstsource) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. MedAssist (Firstsource) Latest Developments
    Table 97. Availity Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 98. Availity Healthcare RCM Outsourcing Product Offered
    Table 99. Availity Main Business
    Table 100. Availity Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 101. Availity Latest Developments
    Table 102. The SSI Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 103. The SSI Healthcare RCM Outsourcing Product Offered
    Table 104. The SSI Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 105. The SSI Main Business
    Table 106. The SSI Latest Developments
    Table 107. Accretive Health (R1 RCM Inc) Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 108. Accretive Health (R1 RCM Inc) Healthcare RCM Outsourcing Product Offered
    Table 109. Accretive Health (R1 RCM Inc) Main Business
    Table 110. Accretive Health (R1 RCM Inc) Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 111. Accretive Health (R1 RCM Inc) Latest Developments
    Table 112. Cerner Details, Company Type, Healthcare RCM Outsourcing Area Served and Its Competitors
    Table 113. Cerner Healthcare RCM Outsourcing Product Offered
    Table 114. Cerner Main Business
    Table 115. Cerner Healthcare RCM Outsourcing Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 116. Cerner Latest Developments
List of Figures
    Figure 1. Healthcare RCM Outsourcing Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Healthcare RCM Outsourcing Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Healthcare RCM Outsourcing Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Healthcare RCM Outsourcing Sales Market Share by Country/Region (2022)
    Figure 8. Healthcare RCM Outsourcing Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Healthcare RCM Outsourcing Market Size Market Share by Type in 2022
    Figure 10. Healthcare RCM Outsourcing in Small & Rural Hospitals
    Figure 11. Global Healthcare RCM Outsourcing Market: Small & Rural Hospitals (2018-2023) & ($ Millions)
    Figure 12. Healthcare RCM Outsourcing in Community Hospitals
    Figure 13. Global Healthcare RCM Outsourcing Market: Community Hospitals (2018-2023) & ($ Millions)
    Figure 14. Healthcare RCM Outsourcing in Large Hospitals & Academic Medical Centers
    Figure 15. Global Healthcare RCM Outsourcing Market: Large Hospitals & Academic Medical Centers (2018-2023) & ($ Millions)
    Figure 16. Global Healthcare RCM Outsourcing Market Size Market Share by Application in 2022
    Figure 17. Global Healthcare RCM Outsourcing Revenue Market Share by Player in 2022
    Figure 18. Global Healthcare RCM Outsourcing Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas Healthcare RCM Outsourcing Market Size 2018-2023 ($ Millions)
    Figure 20. APAC Healthcare RCM Outsourcing Market Size 2018-2023 ($ Millions)
    Figure 21. Europe Healthcare RCM Outsourcing Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa Healthcare RCM Outsourcing Market Size 2018-2023 ($ Millions)
    Figure 23. Americas Healthcare RCM Outsourcing Value Market Share by Country in 2022
    Figure 24. United States Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC Healthcare RCM Outsourcing Market Size Market Share by Region in 2022
    Figure 29. APAC Healthcare RCM Outsourcing Market Size Market Share by Type in 2022
    Figure 30. APAC Healthcare RCM Outsourcing Market Size Market Share by Application in 2022
    Figure 31. China Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe Healthcare RCM Outsourcing Market Size Market Share by Country in 2022
    Figure 38. Europe Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Figure 39. Europe Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Figure 40. Germany Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa Healthcare RCM Outsourcing Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country Healthcare RCM Outsourcing Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 54. APAC Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 55. Europe Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 57. United States Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 58. Canada Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 61. China Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 62. Japan Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 63. Korea Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 65. India Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 66. Australia Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 67. Germany Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 68. France Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 69. UK Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 70. Italy Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 71. Russia Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 72. Spain Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 75. Israel Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries Healthcare RCM Outsourcing Market Size 2024-2029 ($ Millions)
    Figure 78. Global Healthcare RCM Outsourcing Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global Healthcare RCM Outsourcing Market Size Market Share Forecast by Application (2024-2029)

Conifer Health Solutions
nthrive (Medassets + Precyse)
optum360
GeBBS Healthcare
Change Healthcare (Emdeon)
McKesson RelayHealth
Parallon (HCA)
MedData (Cardon Outreach)
MedAssist (Firstsource)
Availity
The SSI
Accretive Health (R1 RCM Inc)
Cerner

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape