Back-End Revenue Cycle Management Market Valued at USD 10.4 billion by 2023 marketsandmarkets.com
The Back-End Revenue Cycle Management Market is projected to reach USD 10.4 billion by 2023, at a CAGR of 5.0%. Factors such as the growing importance of denials management, increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the market. However, the high cost of deployment, integration of back-end revenue cycle management solutions, data breaches and loss of confidentiality, and lack of skilled IT professionals in healthcare are expected to limit market growth to a certain extent in the coming years.
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