Revenue Cycle Management Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Report Covers Global Healthcare Revenue Cycle Management Companies and is Segmented by Deployment (Cloud-Based and On-Premise), Function (Claims and Denial Management, Medical Coding and Billing, Electronic Health Record (EHR), Clinical Documentation Improvement (CDI), Insurance, and Other Functions), End User (Hospitals, Laboratories, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD Million) for the Above Segments.

Revenue Cycle Management Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Revenue Cycle Management Market Size

Revenue Cycle Management (RCM) Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 86.45 Billion
Market Size (2030) USD 141.20 Billion
CAGR (2025 - 2030) 10.31 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Revenue Cycle Management Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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Revenue Cycle Management Market Analysis

The Global Revenue Cycle Management Market size is estimated at USD 86.45 billion in 2025, and is expected to reach USD 141.20 billion by 2030, at a CAGR of 10.31% during the forecast period (2025-2030).

The growth of the Healthcare Revenue Cycle Management industry is attributed to the increasing government initiatives to boost the adoption of RCM solutions, increasing revenue loss due to billing errors, and process improvements in healthcare organizations.

Revenue for healthcare providers depends on the accurate processing of medical claims. Healthcare organizations must maintain quality Revenue Cycle Management in Healthcare and insurance billing to improve financial outcomes. For instance, in October 2023, an article published in the Journal of Healthcare mentioned that RCM can be employed in countries with increasing private sector participation, such as Saudi Arabia, to facilitate payments and justify expenses and budget allocation. Additionally, the same source reported that RCM effectively codes and documents clinical tasks, thus maximizing revenue generation in governmental hospitals. This factor may boost the market's growth over the forecast period.

The most common billing errors include failure to verify insurance, filing an incomplete claim, coding errors, and lack of specificity. Many care providers now address these challenges by working with third-party medical billing professionals and experts in overall Revenue Cycle Management Companies. Thus, healthcare providers prefer RCM solutions to address the challenges and eliminate the errors associated with medical billing, which is anticipated to contribute to the market's growth.

Strategic initiatives taken by the market players, such as acquisitions, to improve their capabilities are expected to contribute to the market's growth. For instance, in August 2023, Waystar completed the acquisition of HealthPay24, a Healthcare Payment Solutions provider and patient payment platform, to ease the healthcare payments for providers and patients and improve the patient financial experience according to the healthcare services, thus focusing on maximizing revenue and bringing financial predictability to the providers.

Similarly, in July 2023, Ventra Health, one of the Largest Revenue Cycle Management Companies, expanded its services by acquiring ArcMed, an India-based provider of billing and automation services. This acquisition boosts the company's strength in providing high-quality services with data-driven and transparent solutions to solve the complicated revenue and reimbursement concerns for clinicians and improve operational efficiency.

RCM systems are becoming increasingly popular as the healthcare industry progresses to digitization. Government initiatives like encouraging physicians to adopt electronic health records and significant investments are expected to boost the Revenue Cycle Management Market's growth. For instance, in June 2023, the European Union invested USD 22 billion (EUR 20 billion) as a seven-year budget, in which USD 11.3 billion (EUR 10.3 billion) was allotted to fostering digital health research and innovation in the Horizon Europe program and USD 5.8 billion (EUR 5.3 billion) was allotted to the EU4 Health program. Thus, such initiatives and programs are expected to propel the adoption of electronic health data among clinicians and boost the growth of the RCM market over the forecast period.

Thus, the providers of specialty Revenue Cycle Management Services can prevent revenue loss to hospitals due to billing errors. However, high pricing and maintenance of RCM solutions and lack of proper IT infrastructure are expected to hinder the RCM Industry's growth over the forecast period.

Revenue Cycle Management Industry Overview

The Revenue Cycle Management Market is moderately competitive and consists of several major players. Companies are implementing specific strategic initiatives, such as mergers, new product launches, acquisitions, and partnerships, to strengthen their market positions. Some key players in the market are McKesson Corporation, R1 RCM Inc., eClinicalWorks, Allscripts Healthcare Solutions Inc., and Veradigm LLC.

Revenue Cycle Management Market Leaders

  1. Mckesson Corporation

  2. R1 RCM Inc.

  3. eClinicalWorks

  4. Allscripts Healthcare Solutions, Inc.

  5. Veradigm LLC

  6. *Disclaimer: Major Players sorted in no particular order
Revenue Cycle Management Market Concentration
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Revenue Cycle Management Market News

  • February 2024: Konwtian Health was awarded as the top healthcare revenue cycle management company in the United States by the Health Tech Outlook Magazine due to its innovative technological contributions to the advancement of healthcare administration.
  • November 2023: Nym expanded its strengths to revenue cycle management solutions by helping hospitals and healthcare facilities automate medical coding for inpatient care.

Revenue Cycle Management�(RCM) Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Initiatives to Boost the Adoption of RCM Solutions
    • 4.2.2 Increasing Revenue Loss Due to Billing Errors
    • 4.2.3 Process Improvements in Healthcare Organizations
  • 4.3 Market Restraints
    • 4.3.1 High Pricing and Maintenance of RCM Solutions
    • 4.3.2 Lack of Proper IT Infrastructure
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Deployment
    • 5.1.1 Cloud-based
    • 5.1.2 On-premise
  • 5.2 By Function
    • 5.2.1 Claims and Denial Management
    • 5.2.2 Medical Coding and Billing
    • 5.2.3 Electronic Health Record (EHR)
    • 5.2.4 Clinical Documentation Improvement (CDI)
    • 5.2.5 Insurance
    • 5.2.6 Other Functions
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Laboratories
    • 5.3.3 Other End Users
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Veradigm LLC
    • 6.1.2 Athenahealth
    • 6.1.3 R1 RCM Inc.
    • 6.1.4 Conifer Health Solutions LLC
    • 6.1.5 Constellation Software Inc.
    • 6.1.6 eClinicalWorks
    • 6.1.7 Epic Systems Corporation
    • 6.1.8 GeBBs
    • 6.1.9 Mckesson Corporation
    • 6.1.10 Infosys Limited
    • 6.1.11 Oracle
    • 6.1.12 Accenture
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Revenue Cycle Management Industry Segmentation

As per the scope of the report, the term revenue cycle management refers to solutions that support various hospitals and medical facilities in increasing their revenue by addressing the mistakes in billing and helping with efficient billing, documentation, and claim management.

The revenue cycle management market is segmented by deployment, function, end user, and geography. By deployment, the market is segmented into cloud-based and on-premise. The market is segmented by function into claims and denial management, medical coding and billing, electronic health record (EHR), clinical documentation improvement (CDI), insurance, and other functions. By end user, the market is segmented into hospitals, laboratories, and other end users. The market is segmented by geography into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. For each segment, the market size is provided in terms of value (USD million).

By Deployment Cloud-based
On-premise
By Function Claims and Denial Management
Medical Coding and Billing
Electronic Health Record (EHR)
Clinical Documentation Improvement (CDI)
Insurance
Other Functions
By End User Hospitals
Laboratories
Other End Users
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Revenue Cycle Management�(RCM) Market Research FAQs

How big is the Global Revenue Cycle Management Market?

The Global Revenue Cycle Management Market size is expected to reach USD 86.45 billion in 2025 and grow at a CAGR of 10.31% to reach USD 141.20 billion by 2030.

What is the current Global Revenue Cycle Management Market size?

In 2025, the Global Revenue Cycle Management Market size is expected to reach USD 86.45 billion.

Who are the key players in Global Revenue Cycle Management Market?

Mckesson Corporation, R1 RCM Inc., eClinicalWorks, Allscripts Healthcare Solutions, Inc. and Veradigm LLC are the major companies operating in the Global Revenue Cycle Management Market.

Which is the fastest growing region in Global Revenue Cycle Management Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Revenue Cycle Management Market?

In 2025, the North America accounts for the largest market share in Global Revenue Cycle Management Market.

What years does this Global Revenue Cycle Management Market cover, and what was the market size in 2024?

In 2024, the Global Revenue Cycle Management Market size was estimated at USD 77.54 billion. The report covers the Global Revenue Cycle Management Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Revenue Cycle Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

RCM in Healthcare Industry Report

This comprehensive report offers a deep dive into the revenue cycle management industry, providing a detailed analysis of key market drivers and market segments. Mordor Intelligence offers customization based on your specific interests, including: 1. Structure: In-house and Outsourced 2. Product: Software and Services 3. Type: Integrated and Standalone

RCM in Healthcare Market Report Snapshots