The American Hospital Association reported 5,564 registered hospitals in 2015. In 2015, 35,061,292 patients were admitted to these hospitals. Hospitalizations boost worldwide healthcare revenue cycle management systems. Patient records must be organized.
Over the predicted period, rising economies, particularly China and India, are expected to rise. Increased healthcare spending, better healthcare facilities, rising illness rates, and the growing necessity of researching historical patient profiles will boost market growth. Government initiatives and rigorous regulations will define the global Healthcare Revenue Cycle Management industry.
Leading Companies in the Healthcare Revenue Cycle Management Industry:
1. GE Healthcare
GE Healthcare was founded in 1992 and it’s headquarters located in Chicago, Illinois, United States. The company operates in 24 countries.
2. Eclinicalworks
Eclinicalworks founded in 1999, and its Headquarters located in Westborough, Massachusetts, United States. The company operates in 25 Countries.
3. Mckesson Corporation
Mckesson Corporation was launch in 1833 and it’s headquarter located Irving, Texas, United States.it operate over 11 country.
4. Cerner Corporation
Cerner Corporation, Inc was launch in 1997 and it’s headquarter North Kansas City, Missouri, United States.it operate over 25 country. In 2021 · Cerner announces Cerner RevElate™, the company's go-forward patient enhanced capabilities to the Cerner revenue cycle management
5. Gebbs Healthcare Solutions
Gebbs Healthcare Solutions, was founded 2005, with its headquarters in Navi Mumbai, Maharashtra India.With businesses in over 100 countries.
6. Conifer Health Solutions
Conifer Health Solutions was launch in 2008. And its headquarter Frisco, United States. It operate over 95 country. In 2023 Conifer Health Solutions, a leading provider of comprehensive Physician Revenue Cycle Management (PRCM) outsourced services
7. Epic Systems Corporation
Epic Systems Corporation Founded in 1979 and it’s headquarter located Verona, Wisconsin, United States, It operate over 20 country.
*Definition- Revenue cycle management or RCM is a combination of revenue generation, payment, and claims processing.
