RevCycle Intelligence May 13, 2021
The mid-revenue cycle management market is projected for significant growth due to the increasing need to manage healthcare data, improve financial outcomes, and resolve medical billing errors.
The mid-revenue cycle management and clinical documentation improvement (CDI) market is expected to be worth $4.55 billion by 2027, according to a recent report by Meticulous Market Research.
Projections expect the market to grow at a compound annual growth rate (CAGR) of 6.6 percent from 2020 to 2027.
“The growth of this market is primarily driven by factors such as rising healthcare expenditure, a growing need to manage unstructured healthcare data, and alterations in revenue due to medical billing errors,” a May 11th press release...