Black Book June 8, 2023
NASHVILLE, Tenn., June 8, 2023 (Newswire.com) – The marketplace for RCM software and outsourced services has grown to include hundreds of vendors and thousands of products. It is highly segmented, with around a dozen very large vendors offering full RCM software suites, platforms, or major components, as well as outsourcers — most of which also compete in the broader market for financial bolt-on or modular solutions. Alongside the large vendors are numerous small providers of very niche functions, such as complex claims management, patient engagement, revenue analytics, and cost accounting.
Sixty-nine percent of senior financial managers in hospitals and health systems participating in this year’s Black Book study indicate their organization preference is leading to end-to-end revenue cycle solutions that...
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