Medicare Billing Software Market, Global Outlook and Forecast 2022-2028

March 2022 | 68 pages | ID: MFCDB910AB93EN
Market Monitor Global

Abstracts

Medical billing software is computer software designed to simplify the medical billing process. Medical billing can be very complicated, especially when medical institutions are working with multiple government agencies and private consumers to process bills to multiple insurance companies. All these groups may require different billing procedures. In addition to generating bills, the software is also used to track payments. Medicare billing involves the exchange of numerous codes between the provider or hospital and the insurance company. Rejected claims are transferred back and forth until all issues are resolved. This is a lengthy process which delays payments to a large extent.

This report contains market size and forecasts of Medicare Billing Software in Global, including the following market information:

Global Medicare Billing Software Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Medicare Billing Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Medicare Billing Software include TransactRx, Romexsoft, Healthpac, FreshBooks, Navicure, MPN Software Systems, NexTech Systems, Meditab Software and TotalMD and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medicare Billing Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Medicare Billing Software Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Medicare Billing Software Market Segment Percentages, by Type, 2021 (%)

• On-premise
• Cloud-based
• Web-based

Global Medicare Billing Software Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Medicare Billing Software Market Segment Percentages, by Application, 2021 (%)

• Hospitals
• Pharmacies
• Others

Global Medicare Billing Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Medicare Billing Software Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Medicare Billing Software revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Medicare Billing Software revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• TransactRx
• Romexsoft
• Healthpac
• FreshBooks
• Navicure
• MPN Software Systems
• NexTech Systems
• Meditab Software
• TotalMD
• CollaborateMD

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Medicare Billing Software Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Medicare Billing Software Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL MEDICARE BILLING SOFTWARE OVERALL MARKET SIZE

2.1 Global Medicare Billing Software Market Size: 2021 VS 2028
2.2 Global Medicare Billing Software Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Medicare Billing Software Players in Global Market
3.2 Top Global Medicare Billing Software Companies Ranked by Revenue
3.3 Global Medicare Billing Software Revenue by Companies
3.4 Top 3 and Top 5 Medicare Billing Software Companies in Global Market, by Revenue in 2021
3.5 Global Companies Medicare Billing Software Product Type
3.6 Tier 1, Tier 2 and Tier 3 Medicare Billing Software Players in Global Market
  3.6.1 List of Global Tier 1 Medicare Billing Software Companies
  3.6.2 List of Global Tier 2 and Tier 3 Medicare Billing Software Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Medicare Billing Software Market Size Markets, 2021 & 2028
  4.1.2 On-premise
  4.1.3 Cloud-based
  4.1.4 Web-based
4.2 By Type - Global Medicare Billing Software Revenue & Forecasts
  4.2.1 By Type - Global Medicare Billing Software Revenue, 2017-2022
  4.2.2 By Type - Global Medicare Billing Software Revenue, 2023-2028
  4.2.3 By Type - Global Medicare Billing Software Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Medicare Billing Software Market Size, 2021 & 2028
  5.1.2 Hospitals
  5.1.3 Pharmacies
  5.1.4 Others
5.2 By Application - Global Medicare Billing Software Revenue & Forecasts
  5.2.1 By Application - Global Medicare Billing Software Revenue, 2017-2022
  5.2.2 By Application - Global Medicare Billing Software Revenue, 2023-2028
  5.2.3 By Application - Global Medicare Billing Software Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Medicare Billing Software Market Size, 2021 & 2028
6.2 By Region - Global Medicare Billing Software Revenue & Forecasts
  6.2.1 By Region - Global Medicare Billing Software Revenue, 2017-2022
  6.2.2 By Region - Global Medicare Billing Software Revenue, 2023-2028
  6.2.3 By Region - Global Medicare Billing Software Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Medicare Billing Software Revenue, 2017-2028
  6.3.2 US Medicare Billing Software Market Size, 2017-2028
  6.3.3 Canada Medicare Billing Software Market Size, 2017-2028
  6.3.4 Mexico Medicare Billing Software Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Medicare Billing Software Revenue, 2017-2028
  6.4.2 Germany Medicare Billing Software Market Size, 2017-2028
  6.4.3 France Medicare Billing Software Market Size, 2017-2028
  6.4.4 U.K. Medicare Billing Software Market Size, 2017-2028
  6.4.5 Italy Medicare Billing Software Market Size, 2017-2028
  6.4.6 Russia Medicare Billing Software Market Size, 2017-2028
  6.4.7 Nordic Countries Medicare Billing Software Market Size, 2017-2028
  6.4.8 Benelux Medicare Billing Software Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Medicare Billing Software Revenue, 2017-2028
  6.5.2 China Medicare Billing Software Market Size, 2017-2028
  6.5.3 Japan Medicare Billing Software Market Size, 2017-2028
  6.5.4 South Korea Medicare Billing Software Market Size, 2017-2028
  6.5.5 Southeast Asia Medicare Billing Software Market Size, 2017-2028
  6.5.6 India Medicare Billing Software Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Medicare Billing Software Revenue, 2017-2028
  6.6.2 Brazil Medicare Billing Software Market Size, 2017-2028
  6.6.3 Argentina Medicare Billing Software Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Medicare Billing Software Revenue, 2017-2028
  6.7.2 Turkey Medicare Billing Software Market Size, 2017-2028
  6.7.3 Israel Medicare Billing Software Market Size, 2017-2028
  6.7.4 Saudi Arabia Medicare Billing Software Market Size, 2017-2028
  6.7.5 UAE Medicare Billing Software Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 TransactRx
  7.1.1 TransactRx Corporate Summary
  7.1.2 TransactRx Business Overview
  7.1.3 TransactRx Medicare Billing Software Major Product Offerings
  7.1.4 TransactRx Medicare Billing Software Revenue in Global Market (2017-2022)
  7.1.5 TransactRx Key News
7.2 Romexsoft
  7.2.1 Romexsoft Corporate Summary
  7.2.2 Romexsoft Business Overview
  7.2.3 Romexsoft Medicare Billing Software Major Product Offerings
  7.2.4 Romexsoft Medicare Billing Software Revenue in Global Market (2017-2022)
  7.2.5 Romexsoft Key News
7.3 Healthpac
  7.3.1 Healthpac Corporate Summary
  7.3.2 Healthpac Business Overview
  7.3.3 Healthpac Medicare Billing Software Major Product Offerings
  7.3.4 Healthpac Medicare Billing Software Revenue in Global Market (2017-2022)
  7.3.5 Healthpac Key News
7.4 FreshBooks
  7.4.1 FreshBooks Corporate Summary
  7.4.2 FreshBooks Business Overview
  7.4.3 FreshBooks Medicare Billing Software Major Product Offerings
  7.4.4 FreshBooks Medicare Billing Software Revenue in Global Market (2017-2022)
  7.4.5 FreshBooks Key News
7.5 Navicure
  7.5.1 Navicure Corporate Summary
  7.5.2 Navicure Business Overview
  7.5.3 Navicure Medicare Billing Software Major Product Offerings
  7.5.4 Navicure Medicare Billing Software Revenue in Global Market (2017-2022)
  7.5.5 Navicure Key News
7.6 MPN Software Systems
  7.6.1 MPN Software Systems Corporate Summary
  7.6.2 MPN Software Systems Business Overview
  7.6.3 MPN Software Systems Medicare Billing Software Major Product Offerings
  7.6.4 MPN Software Systems Medicare Billing Software Revenue in Global Market (2017-2022)
  7.6.5 MPN Software Systems Key News
7.7 NexTech Systems
  7.7.1 NexTech Systems Corporate Summary
  7.7.2 NexTech Systems Business Overview
  7.7.3 NexTech Systems Medicare Billing Software Major Product Offerings
  7.7.4 NexTech Systems Medicare Billing Software Revenue in Global Market (2017-2022)
  7.7.5 NexTech Systems Key News
7.8 Meditab Software
  7.8.1 Meditab Software Corporate Summary
  7.8.2 Meditab Software Business Overview
  7.8.3 Meditab Software Medicare Billing Software Major Product Offerings
  7.8.4 Meditab Software Medicare Billing Software Revenue in Global Market (2017-2022)
  7.8.5 Meditab Software Key News
7.9 TotalMD
  7.9.1 TotalMD Corporate Summary
  7.9.2 TotalMD Business Overview
  7.9.3 TotalMD Medicare Billing Software Major Product Offerings
  7.9.4 TotalMD Medicare Billing Software Revenue in Global Market (2017-2022)
  7.9.5 TotalMD Key News
7.10 CollaborateMD
  7.10.1 CollaborateMD Corporate Summary
  7.10.2 CollaborateMD Business Overview
  7.10.3 CollaborateMD Medicare Billing Software Major Product Offerings
  7.10.4 CollaborateMD Medicare Billing Software Revenue in Global Market (2017-2022)
  7.10.5 CollaborateMD Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Medicare Billing Software Market Opportunities & Trends in Global Market
Table 2. Medicare Billing Software Market Drivers in Global Market
Table 3. Medicare Billing Software Market Restraints in Global Market
Table 4. Key Players of Medicare Billing Software in Global Market
Table 5. Top Medicare Billing Software Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Medicare Billing Software Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Medicare Billing Software Revenue Share by Companies, 2017-2022
Table 8. Global Companies Medicare Billing Software Product Type
Table 9. List of Global Tier 1 Medicare Billing Software Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Medicare Billing Software Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Medicare Billing Software Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Medicare Billing Software Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Medicare Billing Software Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Medicare Billing Software Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Medicare Billing Software Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Medicare Billing Software Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Medicare Billing Software Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Medicare Billing Software Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Medicare Billing Software Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Medicare Billing Software Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Medicare Billing Software Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Medicare Billing Software Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Medicare Billing Software Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Medicare Billing Software Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Medicare Billing Software Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Medicare Billing Software Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Medicare Billing Software Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Medicare Billing Software Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Medicare Billing Software Revenue, (US$, Mn), 2023-2028
Table 30. TransactRx Corporate Summary
Table 31. TransactRx Medicare Billing Software Product Offerings
Table 32. TransactRx Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 33. Romexsoft Corporate Summary
Table 34. Romexsoft Medicare Billing Software Product Offerings
Table 35. Romexsoft Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 36. Healthpac Corporate Summary
Table 37. Healthpac Medicare Billing Software Product Offerings
Table 38. Healthpac Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 39. FreshBooks Corporate Summary
Table 40. FreshBooks Medicare Billing Software Product Offerings
Table 41. FreshBooks Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 42. Navicure Corporate Summary
Table 43. Navicure Medicare Billing Software Product Offerings
Table 44. Navicure Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 45. MPN Software Systems Corporate Summary
Table 46. MPN Software Systems Medicare Billing Software Product Offerings
Table 47. MPN Software Systems Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 48. NexTech Systems Corporate Summary
Table 49. NexTech Systems Medicare Billing Software Product Offerings
Table 50. NexTech Systems Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 51. Meditab Software Corporate Summary
Table 52. Meditab Software Medicare Billing Software Product Offerings
Table 53. Meditab Software Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 54. TotalMD Corporate Summary
Table 55. TotalMD Medicare Billing Software Product Offerings
Table 56. TotalMD Medicare Billing Software Revenue (US$, Mn), (2017-2022)
Table 57. CollaborateMD Corporate Summary
Table 58. CollaborateMD Medicare Billing Software Product Offerings
Table 59. CollaborateMD Medicare Billing Software Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Medicare Billing Software Segment by Type in 2021
Figure 2. Medicare Billing Software Segment by Application in 2021
Figure 3. Global Medicare Billing Software Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Medicare Billing Software Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Medicare Billing Software Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Medicare Billing Software Revenue in 2021
Figure 8. By Type - Global Medicare Billing Software Revenue Market Share, 2017-2028
Figure 9. By Application - Global Medicare Billing Software Revenue Market Share, 2017-2028
Figure 10. By Region - Global Medicare Billing Software Revenue Market Share, 2017-2028
Figure 11. By Country - North America Medicare Billing Software Revenue Market Share, 2017-2028
Figure 12. US Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Medicare Billing Software Revenue Market Share, 2017-2028
Figure 16. Germany Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 17. France Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Medicare Billing Software Revenue Market Share, 2017-2028
Figure 24. China Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 28. India Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Medicare Billing Software Revenue Market Share, 2017-2028
Figure 30. Brazil Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Medicare Billing Software Revenue Market Share, 2017-2028
Figure 33. Turkey Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Medicare Billing Software Revenue, (US$, Mn), 2017-2028
Figure 37. TransactRx Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Romexsoft Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Healthpac Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. FreshBooks Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Navicure Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. MPN Software Systems Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. NexTech Systems Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Meditab Software Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. TotalMD Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. CollaborateMD Medicare Billing Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)