USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Global Healthcare Revenue Cycle Management Market, Forecast to 2028
AI, Analytics, and Automation-enabled Solutions Enhancing Transformative Potential of Healthcare RCM
16-Nov-2023
North America
Market Research
K963-01-00-00-00
HC_2023_311
Healthcare challenges such as workforce shortages, decline in revenue and operating margins, patient payment collection issues, complex claims compliance requirements, and increased patient expectations for seamless experience are compelling healthcare providers to rethink their revenue cycle management (RCM) approach. Providers are realizing the importance of a robust RCM strategy to address revenue and margin challenges. Improving turnaround time from service to payment is a key focus of RCM strategies. Effective and efficient payer-provider coordination will be a competitive advantage for providers. Growing shift toward value-based care, process-specific inefficiencies such as the need for a digital front door, error-prone coding and documentation, and poor denial management drive the demand for technology-driven RCM solutions. Healthcare leaders consider RCM a top healthcare IT strategy, highlighting their appetite for new technology adoption. Intelligent technologies such as conversational AI, Generative AI, and automation will spur the transformational growth of the RCM market.
Author: Sagar Mukhekar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Healthcare Revenue Cycle Management (RCM) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Solution Segmentation of RCM
End User Segmentation of RCM
Segmentation by Geography
Key Competitors
Key Competitors (continued)
RCM Process Pathway—Selected Financial Metrics and Statistics
Current State of the RCM
Key Provider Challenges
RCM—Phase-wise Challenges and Key Value Propositions
Key Trend—VBC and its Impact on RCM
RCM Companies Driving Providers’ VBC Goals
Key Trend—Align Goals of Payment Integrity and Revenue Integrity
Key Trend—Growing Pressure of Claim Denials and Management
Key Trend—Automation in RCM Functions
Key Trend—Focus on Healthcare Price Transparency
Key Trend—Promising Gen AI Use Cases across RCM Cycle
Gen AI—High-impact RCM Functions
Clinical Documentation—Top RCM Function with Gen AI Activities
Voices from the Industry—How do RCM Solutions Impact the Revenue Cycle Process?
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Solution
Revenue Forecast by End User
Forecast Analysis
Pricing Trends and Forecast Analysis
Revenue Forecast by Region
Revenue Forecast Analysis by Region
Analysis of the Attractiveness of RCM Solutions
Result—Regional Attractiveness Ranking and Mapping
Competitive Environment
Revenue Share
Revenue Share Analysis
Competitive Overview
Competitive Overview (continued)
Company Spotlight
Company Spotlight
Company Spotlight
Company Spotlight
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity 1: Conversational AI for Front-end RCM
Growth Opportunity 1: Conversational AI for Front-end RCM (continued)
Growth Opportunity 2: Automation for Efficient RCM
Growth Opportunity 2: Automation for Efficient RCM (continued)
Growth Opportunity 3: Hybrid RCM Approach
Growth Opportunity 3: Hybrid RCM Approach (continued)
Growth Opportunity 4: Blockchain for RCM
Growth Opportunity 4: Blockchain for RCM (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- RCM: Provider Sentiment on Their Current Status of RCM Office, 2023
- Top Reasons for In-network Claims Denial, (% of denied claims), 2021
- Healthcare RCM: Growth Metrics, Global, 2023
- Healthcare RCM: Growth Drivers, Global, 2024–2028
- Healthcare RCM: Growth Restraints, Global, 2024–2028
- Healthcare RCM: Revenue Forecast, Global, 2023–2028
- Healthcare RCM: Revenue Forecast by Solution, Global, 2023–2028
- Healthcare RCM: Revenue Forecast by End User, Global, 2023–2028
- Healthcare RCM: Revenue Forecast by Region, 2023?2028
- Healthcare RCM: Parameters for Regional Attractiveness, Global, 2023–2028
- Healthcare RCM: Solution Opportunity Map, Global, 2023–2028
- Healthcare RCM: Revenue Share of Top Participants, Global, 2023
- Healthcare RCM: Competitive Overview, Global, 2023
- Hospitals & Ambulatory Clinics: Growth Metrics, Global, 2023
- Hospitals & Ambulatory Clinics: Revenue Forecast, Global, 2023?2028
- Hospitals & Ambulatory Clinics: Revenue Forecast by Region, Global, 2023?2028
- Physician & Specialty Practices: Growth Metrics, Global, 2023
- Physician & Specialty Practices: Revenue Forecast, Global, 2023?2028
- Physician & Specialty Practices: Revenue Forecast by Region, Global, 2023?2028
- Other Care Sites: Growth Metrics, Global, 2023
- Other Care Sites: Revenue Forecast, Global, 2023?2028
- Other Care Sites: Revenue Forecast by Region, Global, 2023?2028
Speak directly with our analytics experts for tailored recommendations.
Recent related Healthcare research
06 Aug 2026 | Global | Technology Research
Decentralized Clinical Trials Powered by Blockchain and Digital Twins
This report examines how decentralized clinical trials (DCTs), enabled by blockchain, digital twins, and artificial intelligence, are reshaping global clinical research. It traces the shift from site-centric to patient-centric models and quantifies the growing scale, globalization, and complexity of...
04 Aug 2026 | Global | Market Research
Global Capnography Devices Market, Forecast to 2031
The capnography market is undergoing a significant transformation from its traditional role in anesthesia and intensive care monitoring to a broader, continuous respiratory surveillance ecosystem. This evolution is being driven by increasing integration of capnography into multiparameter monitoring ...
31 Jul 2026 | Global | Market Research
Growth Opportunities in Small-Molecule Contract Development and Manufacturing Organizations, Global, 2026–2031
The global small‑molecule CDMO industry is undergoing a structural transformation driven by increasing molecular complexity, patent expiries, cost pressures, and the strategic need to secure resilient pharmaceutical supply chains. Demand is shifting beyond high‑volume commodity generics toward s...
30 Jul 2026 | Global | Technology Research
Innovations and Growth Opportunities in Advanced Medical Devices, Artificial Intelligence Solutions, Wearables and Drug Delivery Solutions
The latest issue of Advanced MedTech Technology Opportunity Engine (TOE) spotlights a diverse slate of innovations across advanced medical devices, artificial intelligence solutions, wearables and drug delivery solutions.
The issue features advanced medical devices such as non-invasive bimoda...
30 Jul 2026 | Global | Frost Radar
Frost Radar™: Life Sciences Regulatory Information Management Platforms, 2026
The regulatory technology market in life sciences has, over the last five years, quietly transformed from a back-office category dominated by document repositories and submission publishing tools to one of the most consequential software segments serving the pharmaceutical, biotech, and medical devi...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| Author | Sagar Mukhekar |
| Industries | Healthcare |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Revenue Cycle Management |
| Keyword 2 | Healthcare Revenue Cycle |
| Keyword 3 | Revenue Cycle Process In Healthcare |
| List of Charts and Figures | RCM: Provider Sentiment on Their Current Status of RCM Office, 2023~ Top Reasons for In-network Claims Denial, (% of denied claims), 2021~ Healthcare RCM: Growth Metrics, Global, 2023~ Healthcare RCM: Growth Drivers, Global, 2024–2028~ Healthcare RCM: Growth Restraints, Global, 2024–2028~ Healthcare RCM: Revenue Forecast, Global, 2023–2028~ Healthcare RCM: Revenue Forecast by Solution, Global, 2023–2028~ Healthcare RCM: Revenue Forecast by End User, Global, 2023–2028~ Healthcare RCM: Revenue Forecast by Region, 2023?2028~ Healthcare RCM: Parameters for Regional Attractiveness, Global, 2023–2028~ Healthcare RCM: Solution Opportunity Map, Global, 2023–2028~ Healthcare RCM: Revenue Share of Top Participants, Global, 2023~ Healthcare RCM: Competitive Overview, Global, 2023~ Hospitals & Ambulatory Clinics: Growth Metrics, Global, 2023~ Hospitals & Ambulatory Clinics: Revenue Forecast, Global, 2023?2028~ Hospitals & Ambulatory Clinics: Revenue Forecast by Region, Global, 2023?2028~ Physician & Specialty Practices: Growth Metrics, Global, 2023~ Physician & Specialty Practices: Revenue Forecast, Global, 2023?2028~ Physician & Specialty Practices: Revenue Forecast by Region, Global, 2023?2028~ Other Care Sites: Growth Metrics, Global, 2023~ Other Care Sites: Revenue Forecast, Global, 2023?2028~ Other Care Sites: Revenue Forecast by Region, Global, 2023?2028~ |
| Podcast | No |
| WIP Number | K963-01-00-00-00 |