This report highlights key demand-side trends in the revenue cycle management (RCM) services sector, providing healthcare providers with insights to refine their revenue cycle and operational strategies. It covers significant trends and challenges in the RCM space, as identified through Avasant’s comprehensive assessment.
Despite rising cost pressures, healthcare providers are investing in advanced technologies to deliver value-based care, aiming to boost patient satisfaction and enhance patient collection rates. By leveraging the latest automation and generative AI technologies, providers are reducing administrative expenses, optimizing care delivery, and improving margins while maintaining high-quality service standards. RCM service providers are concentrating on improving care quality, enhancing pricing transparency and reporting, and standardizing workflows and processes. These efforts collectively lead to superior patient experiences and more favorable business outcomes.
The Revenue Cycle Management (RCM) Business Process Transformation 2024 Market Insights™ aims to provide a view into important market trends and developments to help build a granular understanding of the RCM services ecosystem.
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
About the report (Page 3)
Executive summary (Pages 4–7)
Demand-side trends (Pages 8–14)
Key contacts (Page 15)
Read the Research Byte based on this report. Please refer to Avasant’s Revenue Cycle Management (RCM) Business Process Transformation 2024 RadarView™ for detailed insights on the service providers and supply-side trends.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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