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Medical Billing Outsourcing Market Share

Report ID: GMI6305
Published Date: Jul 2023
Report Format: PDF

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Medical Billing Outsourcing Market Share

Some of the leading players operating in the medical billing outsourcing market include

McKesson Corporation
eClinicalWorks
AdvancedMD, Inc.
Allscripts Healthcare Solutions, Inc.
R1 RCM, Inc.
Kareo, Inc.
Experian Information Solutions Inc.
Cerner Corporation
HCL Technologies Limited
Athenahealth Inc

The market is fragmented in nature, with key players including local and regional companies focusing on improved service offerings to further increase the industry competition. These players are involved in strategic developments including product launches, partnerships & collaboration, mergers, and acquisition to improve their market positioning.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The global market for medical billing outsourcing was valued at over USD 14.1 billion in 2023 and it is anticipated to reach over USD 41.9 billion by 2032.

The front-end services segment and hospitals end-use segment will contribute substantially to market growth on account of accurate and efficient patient registration, along with cost saving benefits.

North America medical billing outsourcing market accounted for around USD 5.5 billion in 2022, attributable to the presence of key players, increasing prevalence of chronic diseases, growing in-patient admission, and rising awareness regarding the benefits of the software & services.

McKesson Corporation, eClinicalWorks, AdvancedMD, Inc., Allscripts Healthcare Solutions, Inc., R1 RCM, Inc., Kareo, Inc., Experian Information Solutions Inc., Cerner Corporation, HCL Technologies Limited, and Athenahealth Inc. among others.