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Back-end Revenue Cycle Management market | Exactitude Consultancy Reports

3 Views· 02/June/23
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Back-end Revenue Cycle Management Market Overview
Back-end Revenue Cycle Management Market is expected to grow at 5.21% CAGR from 2022 to 2029. It was valued 9.20 billion at 2020. It is expected to reach above USD 14.53 billion by 2029.

Growing importance of refusal management, rising patient numbers, improving processes in healthcare institutions, and declining reimbursement rates are some of the factors contributing to the growth of the back-end revenue cycle management market. Latest technological developments in the commercial field of delivery methods, goods and services, expansion of big data, and improvements in computer applications and programs in back-end revenue cycle management will boost the growth of the market.

Segment Analysis
Back-end Revenue Cycle Management Market is segmented based on product & services, delivery mode, end user and region, global trends and forecast.

By Product & Service the market is segmented into services and software. Services includes Integrated software and standalone software. Standalone software further segmented by claims processing software, denial management software, coding and auditing software, billing/billing review software, payment integrity software. For the forecast period, the services segment is anticipated to experience the highest CAGR.

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