One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
  • Report Library
  • Who Trust Us
  • inquiry@market.us
  • +1 718 618 4351 (International)
  • +91 78878 22626 (Asia)

More Results

One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
  • Report Library
  • Who Trust Us
Home » Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
Published date: Oct 2021 •Formats:
Request Sample Schedule a Call
  • Home » Mid-Revenue Cycle Management/Clinical Documentation Improvement Market

Global Mid-Revenue Cycle Management/Clinical Documentation Improvement Market By Product & Service (Solutions, Consulting Services), By End-User (Healthcare Providers, Healthcare Payers), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

  • Published date: Oct 2021
  • Report ID: 73406
  • Number of Pages: 202
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Sample
  • Mid-Revenue Cycle Management/Clinical Documentation Improvement Market Overview:

    The Mid-Revenue Cycle Management/Clinical Documentation Improvement Market is projected to reach a valuation of USD 174.95 Bn by 2032 at a CAGR of 7.9%, from USD 4.5 Bn in 2021.

    Revenue cycle management is the process used by healthcare systems to track revenues and collect cash for the treatment of patients, from their initial appointment or initial interaction with the healthcare system to their final payment of dues.

    This entire process encompasses identifying, managing, and collecting patient service revenues from insurers and patients. This process begins when a patient makes an appointment for medical services and ends when all claims and payments from a patient and their respective insurer have been collected.

    Revenue cycle management includes key components such as Pre-Cycle/Patient Access, Mid-Cycle, and Post-Cycle. The middle of the revenue cycle consists of four key elements: clinical documentation, case management, charge processing, and the charge description master, as well as coding.

    Clinical documentation captures an accurate picture of a patient’s presentation and cares offered by a healthcare organization, whether inpatient, outpatient, or physician services. Case management ensures that the patients are placed in accurate patient status and are efficiently discharged. The accuracy of the discharge disposition can financially impact a medical facility/organization through shared reimbursement methodologies.

    Charge processing is capturing all of a patient’s charges in a timely manner using the charge description master (CDM) tool. This file is a list of all services, tests, and supplies that are provided to patients. CDI will impact your case mix index, evaluation and management levels, and hierarchical condition reporting categories.

    Coding is the process of reflecting clinical documentation and charges through ICD-10-CM/PCS or CPT codes. A coder reviews clinical documentation and translates words into code to paint a clearer picture of a given payer.

    mid-revenue cycle management/clinical documentation improvement market

    Detailed Segmentation

    This market is categorized on the basis of Product & Service, End User, and Region:

    By Product & Service

    • Solutions
      • Clinical Coding
      • Clinical Documentation Improvements
      • Charge Capture
      • Clinical Documentation
      • Diagnosis-related Grouping
      • Pre-bill Review
    • Consulting Services

    By End-User

    • Healthcare Providers
      • Inpatient Settings
      • Outpatient Settings
    • Healthcare Payers

    By Region

    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East and Africa

    Market Dynamics

    Factors such as increasing healthcare expenditures, the important need to manage unstructured healthcare data, and alterations in revenue due to medical billing errors are all contributing to the revenue growth of this market.

    While changing technological scenarios in developing economies, as well as the integration of AI with the healthcare revenue cycle management is expected to provide several opportunities for this market to expand over the forecast period.

    However, constraints in developing countries concerning adequate IT infrastructure as well as data security concerns are expected to hinder the economic growth of this market to a certain extent.

    The COVID-19 pandemic is also expected to positively impact this market’s further expansion. For instance, after the re-opening of outpatient surgery centers, previously canceled elective surgeries are now being undertaken via outpatient surgery centers.

    Physicians and patients favor outpatient surgery centers due to safety issues related to this pandemic. As a result, cash flow at outpatient surgery centers is steadily increasing, requiring the aid of mid-revenue cycle management solutions. As a result, alterations in coding practices are expected to accelerate the adoption of outsourced mid-revenue-cycle solutions, in turn, positively impacting market growth prospects in the process.

    mid revenue cycle management_clinical documentation improvement market company share analysis

    Key players:

    • Nuance Communications Inc.
    • Chartwise Medical Systems Inc.
    • Craneware
    • 3M Company
    • Streamline Health Solutions LLC
    • Nthrive Inc.
    • Dolbey Systems
    • Optum Inc.
    • Cerner Corporation
    • Vitalware LLC.

    Recent Developments

    • Acquisitions/Mergers/Takeovers: In February, Nuance announced the acquisition of Saykara Inc.
    • Craneware launches Trisus pricing transparency.
    • 3M announced a strategic investment in Repairify Inc.
    • Streamline Health Solutions LLC partnered with MHMR Authority of Brazos Valley in Bryan, Texas, to supply the agency’s next EHR platform.
    • Streamline Health Solutions entered into an agreement with Methodist Hospitals for Streamline Health eValuator.
    • AMN Healthcare Services Inc. has completed two acquisitions: MedPartners, a leading national mid-revenue cycle firm; and two related brands in healthcare leadership solutions, Phillips DiPisa, and Leaders

    For the Mid-Revenue Cycle Management/Clinical Documentation Improvement Market research study, the following years have been considered to estimate the market size:

    AttributeReport Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Share
    Tweet
    Share
    Pin
    0 Shares
    Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
    Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
    Published date: Oct 2021
    add_shopping_cartBuy Now get_appDownload Sample
    keyboard_arrow_up
    • Nuance Communications Inc.
    • Chartwise Medical Systems Inc.
    • Craneware
    • 3M Company Company Profile
    • Streamline Health Solutions LLC
    • Nthrive Inc.
    • Dolbey Systems
    • Optum Inc.
    • Cerner Corporation
    • Vitalware LLC.
  • settingsSettings

Related Reports

  • Lower Extremity Prostheses Market
  • Polyferric Sulfate Market
  • Citrus Flavours Market
  • Vegan Meat Sales Market
  • Electrolyte Analysers Market
  • Refractory Fiber Cotton Market

Our Clients

  • Our Clients
Inquiry Before Buying

Mid-Revenue Cycle Management/Clinical Documentation Improvement Market
  • 73406
  • Oct 2021
    • ★★★★★
      ★★★★★
    • (24)
  • US $5,999
    US $2,999
  • US $7,999
    US $3,499
  • US $12,999
    US $4,499
Buy Now
✖
Request a Sample Report
We'll get back to you as quickly as possible

Single User
$5,999
$2,999
USD / per unit
save 50%
Multi User
$7,999
$3,499
USD / per unit
save 55%
Corporate User
$12,999
$4,499
USD / per unit
save 65%
e-Access
Data Set (Excel)
Print
Company Profile Library Access
Interactive Dashboard
Free Custumization No up to 10 hrs work up to 30 hrs work
Accessibility 1 User 2-5 User Unlimited
Analyst Support up to 20 hrs up to 40 hrs up to 50 hrs
Benefit Up to 20% off on next purchase Up to 25% off on next purchase Up to 30% off on next purchase
Buy Now ($ 2,999)Buy Now ($ 3,499)Buy Now ($ 4,499)
  • Facebook Logo
  • Twitter Logo
  • LinkedIn Logo
auto undefined
af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sundanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu
Find Help
  • Contact Us
  • How to Order
Legal
  • Privacy Policy
  • Refund Policy
  • Frequently Asked Questions
  • Terms and Conditions
Explore
  • About Us
  • All Reports
  • All Sectors
  • Infographics
  • Statistics and Facts
  • Companies
  • Report Library

© 2025 Market.Us. All Rights Reserved.