Medical Billing Outsourcing Market, By Component (In-house and Outsourced), By Service (Front End, Middle End, and Back End), By End User (Hospitals and Physician Offices), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : May 2023

Code : CMI5739

Pages :167

Formats :

Excel and PDF

Industry : Medical Devices

Leading Companies

Global Medical Billing Outsourcing Market: Key Developments

In January 2023, Mikal Murders of Bentonville launched a HIPAA-compliant, full-service medical billing and consulting firm in Bentonville called AMB Technology LLC to help individual and small group medical and dental practices increase revenue and lower costs using a custom blend of software and services.

In August 2022, Access Healthcare accelerated healthcare outsourcing with automation, AI, and Big Data. The company’s utilizes global delivery, automation, and analytics to deliver meaningful financial results to its customers.

In March 2022, Omega Healthcare, a prominent healthcare management solution company leading the vast healthcare ecosystem acquired Reventics, a revenue cycle management solution developer that provides provider engagement solutions to improve physician reimbursement and compliance.

In February 2022, National Medical Billing Services completed the acquisition of National Billing Partners, a provider of RCM services to surgical practices and ASCs.

Global Medical Billing Outsourcing Market: Key Companies Insights

The global medical billing outsourcing market is highly competitive. This is attributed to the rise in demand for medical billing outsourcing services, as a result, players in the market are focusing on launching novel products in the market.

Some of the key players in the global medical billing outsourcing market are GE Healthcare, R1 RCM, Inc. (Accretive Health), Quest Diagnostics, Allscripts Healthcare Solutions, Inc., Kareo, Inc., Cerner Corporation, and Experian Information Solutions, Inc., among others.