A Review of Revenue Integrity Technology in the Healthcare Industry 2020: COVID-19 Pushes Need for Automation and Reduced Administration Costs
Sep 15, 2020, 13:30 ET
DUBLIN, Sept. 15, 2020 /PRNewswire/ -- The "Revenue Integrity in Healthcare: Solutions Driving Payment Performance" report has been added to ResearchAndMarkets.com's offering.
Revenue cycle issues manifest in the claims process of submission, appeal, and remittance, but causes are found much earlier in clinical workflows. Rather than think of these as disparate issues, they should all be considered under a broader category of revenue integrity.
This latest report reveals a market in flux as new technologies are applied to old problems, increasingly complicated by contracts that include performance and reporting requirements.
These activities are essential for healthcare enterprises of all sizes, scopes, and specialties. They are needed whether the organization is primarily concerned with fee-for-service (FFS) reimbursement or value-based care (VBC).
The ongoing COVID-19 public health emergency has made the need for automation and reduced administrative costs even clearer. With appointment volumes dropping, provider organizations are faced with the need for reliable, accurate payments for their care activities more than ever. These solutions are equally valuable for traditional provider care and for modern virtual care solutions like telehealth.
The report reviews the current state of the market, the maturity of solutions, and the strengths and weaknesses of each solution type. While the current market is valued at more than $20 billion, projections within the report show growth should approach $35 billion in the next five years. The report shows which segments of this market can expect annual growth rates exceeding 10% and which will slow to under 2.5%.
Each type of solution (EHR, Platform, Best of Breed) is evaluated based on how they address the needs of provider enterprises. In addition to the categorical analyses, this report includes 13 profiles of major and promising vendors. Each profile includes an assessment of the vendors strengths and challenges, detailed descriptions and evaluations of the product capabilities and market execution, and rankings across 24 categories.
Key Topics Covered:
Chapter 1: Executive Summary
- Key Takeaways
Chapter 2: Revenue Integrity Technologies and Markets
- The Push and Pull
- Revenue Integrity Technology Review
- Computer-Assisted Coding
- Prior Authorization
- Clean Claims, Denials, and Appeals
- EHRs and Claims Data
- Healthcare Provider Use Cases
- Hospital
- Non-Hospital Primary Care/Family Practice
- Outpatient Ambulatory Specialty and Surgical
- Vendor Types
- EHR Vendors
- Independent Platform Vendors
- Specialized Best-of-Breed Solution Vendors
- Market Trajectory and Growth
Chapter 3: Vendor Evaluations and Profiles
- Vendor Letter Grades
- Detailed Vendor Ratings
- Vendor Product Capabilities
- Vendor Profiles
Vendor Profiles
- 3M
- Allscripts
- Athenahealth
- Cerner
- Change Healthcare
- Hayes - Mdaudit
- Medicomp Systems
- Optum
- PatientMatters
- Revspring
- Sift
- ZOLL
For more information about this report visit https://www.researchandmarkets.com/r/1r5x9r
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
