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Global Medical Billing Outsourcing Market Size study, by Component (Inhouse, Outsourced, ) by Service (Front End, Middle End, Back End)by End Use(Hospital, Physician Office, Others) and Regional Forecasts 2021-2027

October 2021 | 200 pages | ID: G950A56C2ACDEN
Bizwit Research & Consulting LLP

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Global Medical Billing Outsourcing Market is valued approximately USD 10.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.6 % over the forecast period 2021-2027. Medical Billing Outsourcing is when hospitals outsource the billing task to save on time and resources. The increasing usage of billing and medical coded procedures. For instance: According to a health care Payment Insight survey report conducted by Elavon in January 2020, consumers who used different emerging payment methods results in high satisfaction rates in setting their medical bills. (The growing geographical reach by the key companies through mergers and acquisitions.) However, The increase in threat of data breaches impedes the growth of the market over the forecast period of 2021-2027. Also, with the increase in technological advancements and increasing government regulations the demand for Medical Billing Outsourcing market will increase during the forecast period.

The regional analysis of global Medical Billing Outsourcing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the high awareness level about healthcare IT services and the strong presence of market players. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as consolidation of large health care providers would create lucrative growth prospects for the Medical Billing Outsourcing market across Asia-Pacific region.

Major market player included in this report are:
Experian Information Solutions, Inc
GE Healthcare
R1 RCM, Inc(Accretive Health)
Quest Diagnostics
Allscripts Healthcare Solutions ,Inc
Kareo, Inc
Cerner Corporation
Mckesson Corporation
Genpact
Eclinical works, LLC
HCL Technologies , Ltd


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Inhouse
Outsourced
By Service:
Front End
Middle End
Back End
By End Use:
Hospitals
Physician office
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Urgent Care Centers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Global Medical Billing Out Sourcing Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Global Medical Billing Out Sourcing Market, by Component , 2019-2027 (USD Billion)
  1.2.3. Global Medical Billing Out Sourcing Market, by Service , 2019-2027 (USD Billion)
  1.2.4. Global Medical Billing Out Sourcing Market, by End Use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MEDICAL BILLING OUT SOURCING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MEDICAL BILLING OUT SOURCING MARKET DYNAMICS

3.1. Medical Billing Outsourcing Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. The increasing usage of billing and medical coding procedures
    3.1.1.2. The growing geographical reach of the key companies through mergers and acquisitions
    3.1.1.3.
  3.1.2. Market Challenges
    3.1.2.1. The increase in threat of data breaching
  3.1.3. Market Opportunities
    3.1.3.1. Increase in technological advancement and increasing government regulations

CHAPTER 4. GLOBAL MEDICAL BILLING OUT SOURCING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MEDICAL BILLING OUTSOURCING MARKET, BY COMPONENT

5.1. Market Snapshot
5.2. Global Medical Billing Outsourcing Market by Component, Performance - Potential Analysis
5.3. Global Medical Billing OutsourcingMarket Estimates & Forecasts by Component 2018-2027 (USD Billion)
5.4. Medical Billing OutsourcingMarket, Sub Segment Analysis
  5.4.1. Inhouse
  5.4.2. Outsourced

CHAPTER 6. GLOBAL MEDICAL BILLING OUTSOURCING MARKET, BY SERVICE

6.1. Market Snapshot
6.2. Global Medical Billing Outsourcing Market by Service Performance - Potential Analysis
6.3. Global Medical Billing Outsourcing Market Estimates & Forecasts by Service 2018-2027 (USD Billion)
6.4. Medical Billing Outsourcing Market, Sub Segment Analysis
  6.4.1. Front End
  6.4.2. Middle End
  6.4.3. Back End

CHAPTER 7. GLOBAL MEDICAL BILLING OUTSOURCING MARKET, BY END USE

  7.1.1. Hospitals
  7.1.2. Physicians Office
  7.1.3. Others

CHAPTER 8. GLOBAL MEDICAL BILLING OUTSOURCING MARKET, REGIONAL ANALYSIS

8.1. Medical Billing Outsourcing Market, Regional Market Snapshot
8.2. North America Medical Billing Outsourcing Market
  8.2.1. U.S. Medical Billing Outsourcing Market
    8.2.1.1. Component breakdown estimates & forecasts, 2018-2027
    8.2.1.2. Service breakdown estimates & forecasts, 2018-2027
    8.2.1.3. End Use breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Medical Billing Outsourcing Market
8.3. Europe Medical Billing Outsourcing Market Snapshot
  8.3.1. U.K. Medical Billing Outsourcing Market
  8.3.2. Germany Medical Billing Outsourcing Market
  8.3.3. France Medical Billing Outsourcing Market
  8.3.4. Spain Medical Billing Outsourcing Market
  8.3.5. Italy Medical Billing Outsourcing Market
  8.3.6. Rest of Europe Medical Billing Outsourcing Market
8.4. Asia-Pacific Medical Billing Outsourcing Market Snapshot
  8.4.1. China Medical Billing Outsourcing Market
  8.4.2. India Medical Billing Outsourcing Market
  8.4.3. Japan Medical Billing Outsourcing Market
  8.4.4. Australia Medical Billing Outsourcing Market
  8.4.5. South Korea Medical Billing Outsourcing Market
  8.4.6. Rest of Asia Pacific Medical Billing Outsourcing Market
8.5. Latin America Medical Billing Outsourcing Market Snapshot
  8.5.1. Brazil Medical Billing Outsourcing Market
  8.5.2. Mexico Medical Billing Outsourcing Market
8.6. Rest of The World Medical Billing Outsourcing Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Experian Information Solutions, Inc
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. GE Healthcare
  9.2.3. R1 RCM, Inc(Accretive Health)
  9.2.4. Quest Diagnostics
  9.2.5. Allscripts Healthcare Solutions ,Inc
  9.2.6. Kareo, Inc
  9.2.7. Cerner Corporation
  9.2.8. Mckesson Corporation
  9.2.9. Genpact
  9.2.10. Eclinical works, LLC
  9.2.11. HCL Technologies , Ltd

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Medical Billing Outsourcing market, report scope
TABLE 2. Global Medical Billing Outsourcing market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Medical Billing Outsourcing market estimates & forecasts by Component 2018-2027 (USD Billion)
TABLE 4. Global Medical Billing Outsourcing market estimates & forecasts by Service 2018-2027 (USD Billion)
TABLE 5. Global Medical Billing Outsourcing market estimates & forecasts by End Use 2018-2027 (USD Billion)

TABLE 6. Global Medical Billing Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Medical Billing Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Medical Billing Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Medical Billing Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Medical Billing Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Medical Billing Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Medical Billing Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Medical Billing Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Medical Billing Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Medical Billing Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. U.S. Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. U.S. Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 19. Canada Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Canada Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. Canada Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. UK Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. UK Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. UK Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Germany Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Germany Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Germany Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. RoE Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. RoE Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. RoE Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. China Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. China Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. China Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. India Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. India Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. India Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Japan Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Japan Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Japan Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. RoAPAC Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. RoAPAC Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. RoAPAC Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Brazil Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. Brazil Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Brazil Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Mexico Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. Mexico Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Mexico Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. RoLA Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. RoLA Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. RoLA Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Row Medical Billing Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Row Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Row Medical Billing Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Medical Billing Outsourcing market
TABLE 56. List of primary sources, used in the study of global Medical Billing Outsourcing market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Medical Billing Outsourcing market, research methodology
FIG 2. Global Medical Billing Outsourcing market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Medical Billing Outsourcing market, key trends 2020
FIG 5. Global Medical Billing Outsourcing market, growth prospects 2021-2027
FIG 6. Global Medical Billing Outsourcing market, porters 5 force model
FIG 7. Global Medical Billing Outsourcing market, pest analysis
FIG 8. Global Medical Billing Outsourcing market, value chain analysis
FIG 9. Global Medical Billing Outsourcing market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Medical Billing Outsourcing market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Medical Billing Outsourcing market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Medical Billing Outsourcing market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Medical Billing Outsourcing market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Medical Billing Outsourcing market, regional snapshot 2018 & 2027
FIG 15. North America Medical Billing Outsourcing market 2018 & 2027 (USD Billion)
FIG 16. Europe Medical Billing Outsourcing market 2018 & 2027 (USD Billion)
FIG 17. Asia pacific Medical Billing Outsourcing market 2018 & 2027 (USD Billion)
FIG 18. Latin America Medical Billing Outsourcing market 2018 & 2027 (USD Billion)
FIG 19. Global Medical Billing Outsourcing market, company market share analysis (2020)


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