Medical Billing Outsourcing Services include Fee schedule review and analysis, Account receivables management, Management reports, etc. Third-party medical billing service providers usually charge a percentage of the collected claims amount as their fees. With medical billing outsourcing services, hospitals and private healthcare providers can tremendously increase the quality of their claims submissions and improve the process of their collections.
This report contains market size and forecasts of Medical Billing Outsourcing Services in Global, including the following market information:
Global Medical Billing Outsourcing Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Medical Billing Outsourcing Services 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.
Front End Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Medical Billing Outsourcing Services include R1 RCM, Cerner, Allscripts, Genpact, GE Healthcare, Kareo, Quest Diagnostics, Vee Technologies and The SSI Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medical Billing Outsourcing Services 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 Medical Billing Outsourcing Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Medical Billing Outsourcing Services Market Segment Percentages, by Type, 2021 (%)
Front End
Middle End
Back End
Global Medical Billing Outsourcing Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Medical Billing Outsourcing Services Market Segment Percentages, by Application, 2021 (%)
Hospitals
Physician Offices
Others
Global Medical Billing Outsourcing Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Medical Billing Outsourcing Services 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 Medical Billing Outsourcing Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Medical Billing Outsourcing Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
R1 RCM
Cerner
Allscripts
Genpact
GE Healthcare
Kareo
Quest Diagnostics
Vee Technologies
The SSI Group
Flatworld Solutions
Invensis Technologies