Here are three insights:
1. An increase in healthcare needs for the geriatric population will spur market growth. The increase in the older population will lead to more people insured by Medicare, which will in turn, result in more healthcare business and RCM solutions.
2. A rise in recovery audits because of shifting regulations will also advance the RCM market. Providers are outsourcing their RCM processes to third-party vendors in order to decrease the negative revenue impact of recovery audits.
3. An increase in the need to subdue revenue leakage, from elements like incorrect claims or older records management, will contribute to RCM market growth.
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