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The Real Benefits of Revenue Cycle Outsourcing Value Beyond Costs

The Real Benefits of Revenue Cycle Outsourcing Value Beyond Costs

According to The Market Reports, the revenue cycle outsourcing market will reach $23 billion by the end of 2022, growing at a CAGR of 11.9% between 2017 and 2023. We anticipate that the growth rate of RCM outsourcing will continue to sustain at the same level as healthcare providers are reeling under the worst economic and labor crisis of the century. When you look at the mission statements of healthcare institutions, the common thread is to provide high-quality medical care to patients. While the goal seems straightforward, healthcare institutions must achieve financial efficiencies to find the cash for technology investments and process improvements to achieve the objective of patient care.

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