Revenue Cycle Management Market Official Research Report from 2022-2027

Ravinderimarc11 Jan, 2023Health

The global revenue cycle management market reached a value of US$ 106.93 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 211.51 Billion by 2027, exhibiting a CAGR of 11.80% during 2022-2027. Revenue cycle management (RCM) is a financial process that assists healthcare facilities in collecting payments for medical bills. It also helps minimize costs, manage time, improve patient outcomes, and reduce human error in claim submission processes.