Navigation Links
Frost & Sullivan: Growing Reimbursement Challenges Force Hospitals to Reengineer Revenue Cycle Management
Date:4/17/2013

ceiving unprecedented attention as hospitals seek to ensure maximum collections in the face of growing financial challenges.  Healthcare reform and the push for deficit reduction is forcing hospitals to address long-standing inefficiencies and shortfalls around the RCM process, driving the market for a host of next-generation RCM solutions.

Frost & Sullivan Connected Health Principal Analyst Nancy Fabozzi , author of the analysis, emphasizes the urgency hospitals are feeling around the need to ensure financial stability for the future. "The focus in recent years was clearly on installing or upgrading clinical systems, particularly electronic health records (EHRs), and that is still a top concern for many healthcare providers," explained Fabozzi.  "But the reality of 2014 is sinking in fast."

Legacy RCM solution providers, particularly the large, diversified healthcare IT (HIT) vendors, failed to innovate over the past decade, which opened the door for vendors of point solutions that provide added functionality to core systems.

"However, as competitive pressures heat up and the market for clinical systems matures, the large, established HIT vendors will increasingly take on more of an entrepreneurial spirit and broaden their efforts to drive innovation across all their product offerings, not just clinical solutions," continued Fabozzi.  "This scenario will likely create a highly dynamic market characterized by robust M&As as large vendors seek to quickly add new functionalities required by healthcare reform."

The hospital RCM market is primarily a replacement market, and this may or may not include a switch in vendors. Explained Fabozzi, "hospitals, in general, are rather conservative and most would prefer not to rip and replace unless they must."

U.S Hospital Revenue Cycle Management: Overview and Outlook 2012-2017 and its companion analysis, U.S. Physician Revenue Cycle Mana
'/>"/>

SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Western European Endoscopic Devices Market to Benefit from Increase in Minimally Invasive Surgeries, Says Frost & Sullivan
2. Advances in Surgical Technologies Boost Demand for Efficient Bone Graft Substitutes, Finds Frost & Sullivan
3. Frost & Sullivan: Not All Telehealth Markets are Equal
4. Competitive Pricing Vital in the Asia-Pacific Digital and Computed Radiography Market, Finds Frost & Sullivan
5. Rising Disease Prevalence Boosts Mexican Healthcare Industry, Finds Frost & Sullivan
6. Frost & Sullivan Honours CapsoVision for CapsoCam SV-1, its Game-changing Gastrointestinal Capsule Endoscope
7. Researchers Expect a Marginal Increase in Laboratory Product Budgets for 2013, Finds Frost & Sullivan
8. Bio-Rad Receives the 2012 Frost & Sullivan North America Laboratory Researchers Choice Award for Future Market Leader
9. Frost & Sullivan Recognizes Cytomedix for its Pioneering System that Supports the Emerging Regenerative Therapies Market
10. Frost & Sullivan: Government Support Vital to Encourage Venture Capital Investments in the North American Healthcare Industry
11. Product Differentiation to Boost European Human Growth Hormones Market, Says Frost & Sullivan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/15/2014)... 15, 2014 myMatrixx has extended its contract ... with an expanded role that includes direct involvement in ... a nationally recognized physiatrist and pain management specialist, published ... and workers, compensation, is Board Certified in physical medicine ... of Pain Medicine and subspecialty boarded by the American ...
(Date:9/15/2014)... The Society of Corporate Compliance and ... than 4,500 compliance and ethics professionals from across ... corporate fines and settlements.  The SCALENDAR is designed ... ready reference to demonstrate to employees the consequences ... to help compliance and ethics officers looking for ...
(Date:9/15/2014)... 15, 2014 Research and Markets ... Transfer Systems to 2020" report to their offering. ... to humans has been receiving increasing amounts of scrutiny ... become more clearly understood. For caregivers and their patients, ... attempts to mitigate exposure to cytotoxic drugs is clinical ...
Breaking Medicine Technology:myMatrixx Announces Expanded Role for Medical Director Steven P. Stanos, Jr., DO 2More than $55 billion in fines and settlements added by SCCE to its 2015 Corporate Scandal Calendar 2Closed Drug Transfer Systems to 2020 2Closed Drug Transfer Systems to 2020 3
... Nov. 5, 2010 EnVivo Pharmaceuticals today announced it ... agonist, possesses a novel mechanism not previously seen in ... Acetylcholine (ACh) to enhance cognition. By acting ... makes it possible for smaller amounts of naturally occurring ...
... Nov. 5, 2010 Cadence Pharmaceuticals, Inc. (Nasdaq: ... developing and commercializing proprietary product candidates principally for use ... the three and nine months ended September 30, 2010. ... U.S. Food and Drug Administration (FDA) approved OFIRMEV™ (acetaminophen) ...
Cached Medicine Technology:EnVivo Pharmaceuticals Research Shows EVP-6124 Acts as Acetylcholine Co-Agonist 2EnVivo Pharmaceuticals Research Shows EVP-6124 Acts as Acetylcholine Co-Agonist 3Cadence Pharmaceuticals Reports Third Quarter 2010 Financial Results 2Cadence Pharmaceuticals Reports Third Quarter 2010 Financial Results 3Cadence Pharmaceuticals Reports Third Quarter 2010 Financial Results 4Cadence Pharmaceuticals Reports Third Quarter 2010 Financial Results 5Cadence Pharmaceuticals Reports Third Quarter 2010 Financial Results 6
(Date:9/16/2014)... 2014 Today, the Diamond in the ... to be held, Sunday, October 19, 2014 at the ... annual awards show honors the dare-devil stuntwomen of film ... stars. Over 12 categories will be recognized in ... Mayne. , Special honors will be given to ...
(Date:9/16/2014)... 16, 2014 The Fertility Centers of ... Fairfax Egg Bank. The collaboration will give patients access ... egg offering at the Fertility Centers of New England. ... offers the nation’s largest selection of frozen donor eggs. ... reasons:, , The Donor is already ...
(Date:9/15/2014)... September 16, 2014 Club wear is provocative, ... a sensual atmosphere with a very relaxed dress code. There ... to clubs based on the location of the club, the ... club wear manufacturer and retailer, has delightedly pronounced its new ... offered at incredibly low prices. , A nightclub (also known ...
(Date:9/15/2014)... Web-based training targeted at college-aged men is an effective ... U.S. campuses, according to a researcher in the School ... RealConsent program reduced sexually violent behavior and increased the ... sexual assault, said Dr. Laura Salazar, associate professor of ... the paper, “A Web-Based Sexual Violence Bystander Intervention for ...
(Date:9/15/2014)... Authors Christine Snow and Donna Albury highlight the ... alcoholics. Born out of love and pain and the authors’ ... The Life... ” (published by Xlibris) reveals the struggles with ... the same fate. , Night life is popular among ... this. This book chronicles a typical night in the life ...
Breaking Medicine News(10 mins):Health News:Hollywood's Action Icon Awards to Honor Legendary Stuntwomen In A Star-Studded Gala and Awards Ceremony 2Health News:FCNE Announces Partnership with Fairfax Egg Bank 2Health News:Delicate Club Wears Are For Sale At Fecbek.com 2Health News:Study: Web Based Training Can Reduce Campus Rape 2Health News:Authors show perils of alcohol abuse in new graphic novel 2Health News:Authors show perils of alcohol abuse in new graphic novel 3
... researchers hope will cast a lifeline to HIV patients ... in long-awaited trials, The Lancet reports on Saturday. ... an alternative for patients who are resistant to a ... ,An international consortium of doctors has been ...
... pet turtle, while 22 other people were infected by the ... authorities said. ,The Centers for Disease Control and ... Friday reminding Americans of the health risks associated with small ... infect children. ,The infant girl was taken to ...
... took part in a "Running of the Nudes" Thursday to ... Spanish town of Pamplona . ,The demonstrators ran ... as the traditional red bandana worn by those who take ... of the bulls involves the release of bulls every morning ...
... Hippel-Lindau disease may suddenly experience hearing loss because of a ... study in the July 4 issue of JAMA. ... sporadically but may be associated with von Hippel-Lindau disease (VHL; ... tumors in the retina of the eye and in the ...
... felt the desire to imbibe reported fewer heavy drinking days ... pill, but both groups reported marked reductions in heavy drinking ... heavy drinkers in Finland, who took either a placebo or ... has a robust and sustained effect in reducing harmful heavy ...
... is just no end to bizarre things that can happen in ... ,A 3-year-old girl is attacked savagely by her mothers boyfriend, ... some treatment for the poor child, but she would not betray ... are arrested. ,,New Bedford police in Massachusetts announced Wednesday ...
Cached Medicine News:Health News:New "second-line" AIDS Drug Shows Promise in Trials 2Health News:US Baby Dies of Salmonella from Pet Turtle 2Health News:Genetic Disease Causes hearing loss 2Health News:New Strategy to Counter Problem Drinking 2Health News:New Strategy to Counter Problem Drinking 3Health News:Boyfriend Bites Off Lip and Ear of 3-year-old Daughter of His Girlfriend 2
... the corrosion resistance of stainless steel ... copper, SANYO offers an electro-polished copper-alloy-stainless ... maintenance-free. The sterile environment promotes the ... and the safety of laboratory staff. ...
ArcticTemp Upright Freezer -20C. Quick, even freezing. Heavy duty compressor. Deep door racks. Front gated bottom shelf. Interior light. Locks One year warranty on unit and 5 year warranty on compres...
Undercounter Freezer -25C. White. Front opening freezer. 4 cubic ft capacity. Reversible door. Three slide-out drawers. Extra thick CFC insulation. Front lock. Front indicator lights. Attractive tabl...
... F 265 is a highly accurate portable, waterproof ... temperature measurements. Temperature compensated pH results can be ... or a 3-in-1 electrode. • This GLP/GMP compliant ... a printer or a computer. Up to 100 ...
Medicine Products: