HEALTHCARE REVENUE CYCLE MANAGEMENT MARKET ANALYSIS

Market News

Key Developments

1. Key companies in the market are involved in various business strategies such as collaboration and partnership, in order to provider novel products to in the global market. For instance, in January 2019, Change Healthcare and Experian Health, both working revenue cycle management market, entered into partnership to provide an identity management solution, which will answer patient duplication and identification challenges.
2. Major companies in the market are focused on different business stratifies such as product and assets acquisition, in order to gain competitive edge in the global market. For instance, in July 2018, VERITAS Capital, a private equity investment company, acquired GE Healthcare’s Enterprise Financial Management (Revenue Cycle), Workforce Management, and Ambulatory Care Management for US$ 1.05 billion in cash.
3. Key companies in the marker are focused on various business strategies such as merger and acquisition, in order to enhance the global market presence. For instance, in December 2018, ChrysCaptial, an Indian private equity firm, acquired GeBBS Healthcare Solutions, a provider of revenue cycle management.