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Revenue Cycle Management Market Size 2021 | Is Expected to Reach USD 258.16 Billion, Registering a CAGR of 13.0%

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Pune, India, May 10, 2021 (GLOBE NEWSWIRE) — The global Revenue Cycle Management Market size is expected to reach USD 258.16 billion, registering a CAGR of 13.0% during the forecast period. RCM process enables hospitals to streamline the patient revenue collection procedure. With RCM, hospitals can design and implement their methods for speedy collection. Fortune Business Insights™ has presented this information in an upcoming report titled, “Revenue Cycle Management Market, 2020-2027”. The market size stood at USD 96.27 billion in 2019.

According to the report, the RCM market is gaining swift traction due to several reasons. For instance, many countries are witnessing an unparalleled inflow of patients due to the COVID-19 pandemic. The health crisis has almost brought the hospital industry to a near-collapse. This has put tremendous stress on the healthcare industry, and they are therefore relying on RCM services to ensure adequate revenue collection.

COVID-19 Impact

The global pandemic has wreaked unprecedented havoc on several industries and markets. Healthcare systems are on the verge of collapsing in many nations. The healthcare industry is under tremendous stress due to the massive inflow of patients. Efforts are being made to strengthen the medical infrastructure worldwide. The negative impact of the COVID-19 crisis is expected to gradually fade away as economies are trying to wade their way through the pandemic. It is uncertain to say how long the situation may persist this way. Nonetheless, our research report’s in-depth analysis will help you gain an exhaustive understanding of this niche market.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/revenue-cycle-management-market-100275

Industry Developments-

  • January 2020: R1 RCM launched R1 professional platform. The company also launched an innovation hub in collaboration with Intermountain Healthcare.
  • June 2019: Homecare Homebase LLC launched RCM service to eradicate revenue generation-related burden.

Report Coverage

The report provides a comprehensive analysis of the RCM market. The report is developed using bottom-up and top-down approaches for an exhaustive study of the market. The report encompasses the effects of the COVID-19 pandemic on the market, PESTLE Analysis, and Porters’ Five Forces Analysis for an infallible prediction of the prospected market. The report contains information gathered through interviews with multiple stakeholders at regional, country, and global levels. The report also highlights the competitive landscape of the compact satellite market, including the information on rankings of key players, key market trends, recent industry developments, etc., that are contributing to the market’s growth.

Integration of Artificial Intelligence in RCM Services to Augment Market Growth

The adoption of RCM services is rising in the global market. RCM provides a spectrum of IT products like advanced predictive analysis, automated patient collection systems, and business intelligence tools. This helps the healthcare providers in streamlining their revenue collection processes and is driving the growth of the RCM market. The incorporation of artificial intelligence in RCM is expected to further swell the market growth as it helps in automating processes and optimizing clinical outcomes.

Most recently, Healthcare Financial Management Association (HFMA) revealed in a survey that around 75% of leaders in the healthcare industry are focusing on employing Artificial intelligence in RCM. The launch of Electronic Health Records (EHRs) has transformed the patient data collection, analysis, and reporting process in healthcare organizations and is expected to benefit the RCM market. Future technological advancements are expected to create further growth opportunities for the market.
However, the ambiguity related to IT infrastructure due to budgetary constraints are expected to restrain the market growth to a limited extent.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/revenue-cycle-management-market-100275

Segmentation

On the basis of structure, the market bifurcates into outsource and in-house. On the basis of its type, the RCM market divides into software and service. Based on functions, the market segments into insurance, claims & denial management, clinical documentation improvement (CDI), medical coding & billing, etc. On the basis of its end-user, the market fragments into physician’s office, hospitals, etc. Geographically, the market is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America to Remain Dominant in the Market

North America is expected to hold the lion’s share in global market growth. Key players present in the region, coupled with the launch of advanced solutions and increasing utilization of RCM software in the U.S. are expected to augment market growth in North America. For instance, R1 RCM and Intermountain Healthcare collaboratively launched a new innovation hub to bolster RCM technology restructuring. Technological advancements in RCM solutions for better financial, clinical, and healthcare management in Canada are also expected to flourish the revenue cycle management market growth in North America.

The emergence of start-ups and their provision in developing efficacious financial technologies is expected to create opportunities for RCM market growth. This is expected to help Europe hold the second position in global market growth.

Quick Buy Revenue Cycle Management Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100275

Technological Advancements and New Product Launches to Intensify Market Growth

The global RCM market is relatively consolidated, with regional and international players competing in stiff competition. Major players are focusing on developing high-end technology-enabled RCM services to stay at the top of the game. For instance, in March 2019, APPRIOHEALTH was launched by Apprio Inc. The new RCM system will deliver advanced solutions to healthcare organizations and fulfill the revenue cycle management requirements

Key Players in the Revenue Cycle Management Market:

  • Allscripts Healthcare LLC (Illinois, U.S.)
  • Cerner Corporation (Missouri, U.S.)
  • Conifer Health Solutions LLC (Texas U.S.)
  • Epic Systems Corporation (Wisconsin, U.S.)
  • GeBBS Healthcare Solutions (California, U.S.)
  • McKesson Corporation (Texas, U.S.)
  • Mediical Information Technology Inc (MEDITECH) (Massachusetts, U.S.)
  • MEDHOST (Tennessee, U.S.)
  • eClinicalWorks (Massachusetts, U.S.)

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/revenue-cycle-management-market-100275

Detailed Table of Content:

  • Introduction
    • Market Scope
    • Market Segmentation
    • Market Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Statistical Overview of Hospital Admissions – For Key Countries, 2019
    • Technological Advancements in the Revenue Cycle Management
    • New Product Launch
    • Overview of Regulatory Scenario
    • Key Industry Developments – Mergers, Acquisitions, and Partnerships
    • Overview of COVID-19 Impact on Revenue Cycle Management Market
    • Major Factors Driving the Impact of COVID-19
    • Reimbursement Changes -In Response to COVID-19 Impact
    • Opportunities Offered by the Impact of COVID-19
  • Global Revenue Cycle Management Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Structure
      • In-house
      • Outsource
    • Market Analysis, Insights and Forecast – By Type
      • Software
      • Service
    • Market Analysis, Insights and Forecast – By Functions
      • Claims & Denial Management
      • Medical Coding & Billing
      • Clinical Documentation Improvement (CDI)
      • Insurance
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Hospitals
      • Physician’s Office
      • Others
    • Market Analysis, Insights and Forecast – By Geography
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa
  • North America Revenue Cycle Management Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Structure
      • In-house
      • Outsource
    • Market Analysis, Insights and Forecast – By Type
      • Software
      • Service
    • Market Analysis, Insights and Forecast – By Functions
      • Claims & Denial Management
      • Medical Coding & Billing
      • Clinical Documentation Improvement (CDI)
      • Insurance
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Hospitals
      • Physician’s Office
      • Others
    • Market Analysis, Insights and Forecast – By Country
  • Europe Revenue Cycle Management Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Structure
      • In-house
      • Outsource
    • Market Analysis, Insights and Forecast – By Type
      • Software
      • Service
    • Market Analysis, Insights and Forecast – By Functions
      • Claims & Denial Management
      • Medical Coding & Billing
      • Clinical Documentation Improvement (CDI)
      • Insurance
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Hospitals
      • Physician’s Office
      • Others
    • Market Analysis, Insights and Forecast – By Country/Sub-region

TOC Continued……!!!!!!

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/revenue-cycle-management-market-100275

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Artificial Intelligence

Military Cybersecurity Market to Reach $68.5 Billion, Globally, by 2033 at 15.4% CAGR: Allied Market Research

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PORTLAND, Ore., May 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Military Cybersecurity Market by Type (Endpoint Security Solutions, Network Security Solutions, Content Security Solutions), Deployment (On-Premises, Cloud), and Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the military cybersecurity market was valued at $15.7 billion in 2023, and is estimated to reach $68.5 billion by 2033, growing at a CAGR of 15.4% from 2024 to 2033.

The global military cybersecurity market is driven by factors such as growing demand for end-point security solutions and surge in cyber-attacks which are increasing need for military cybersecurity.
Prime Determinants of Growth
The global military cybersecurity market is driven by factors such as an increase in demand for defense IT expenditure. Adoption of IoT in cyber security technology provides lucrative growth opportunities. On the other hand, limited awareness related to cybersecurity is projected to hinder market growth.
Request Sample of the Report on Military Cybersecurity Market Forecast 2033
https://www.alliedmarketresearch.com/request-sample/A323349
(We are providing Military Cybersecurity Industry report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and Russia-Ukraine War Impact Analysis)
123 – Tables63 – Charts378 – PagesReport coverage & details:
Report Coverage 
Details 
Forecast Period
2023–2033
Base Year
2023
Market Size in 2023
$15.7 Billion
Market Size in 2033
$68.5 Billion
CAGR
15.4 %
No. of Pages in Report
324
Segments covered
Type, Deployment, Solution and Region.
Drivers 
Increase in demand for defense IT expenditure to drive the market growth.
Opportunities
Adoption of IoT in Cyber Security Technology
Restraints
Limited awareness related to cybersecurity is restricting the market growth
Procure Complete Report (323 Pages PDF with Insights, Charts, Tables, and Figures)https://www.alliedmarketresearch.com/checkout-final/military-cybersecurity-market-A323349
The endpoint security solutions segment to maintain its leadership status throughout the forecast period
Based on type, the endpoint security solutions segment held the highest market share in 2023, accounting for more than two-fifths of the global military cybersecurity market revenue and is estimated to maintain its leadership status throughout the forecast period.
Endpoint security solutions are undergoing continuous evolution to combat the ever-changing landscape of cybersecurity threats. One prominent trend is the widespread adoption of Endpoint Detection and Response (EDR) solutions. EDR offers real-time monitoring of endpoint activities, allowing for swift detection and response to advanced threats.
The on-premises segment to maintain its leadership status throughout the forecast period
Based on deployment, the on-premises segment held the highest market share in 2023, accounting for more than half of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. However, the cloud segment is projected to manifest the highest CAGR of 15.88% from 2023 to 2033. Moreover, cloud computing offers advanced security features and capabilities that strengthen military cybersecurity defense. Leading cloud service providers invest heavily in robust security measures, such as encryption, identity and access management, and threat detection, to protect data and applications hosted in the cloud.
The identity and access management segment to maintain its leadership status throughout the forecast period
Based on solution, the identity and access management segment held the highest market share in 2023, accounting for nearly one-fifth of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. Moreover,
Identity and access management (IAM) plays a crucial role in military cybersecurity by ensuring that only authorized personnel can access sensitive information and critical systems. IAM encompasses processes, policies, and technologies designed to manage digital identities, control access to resources, and protect against unauthorized access and insider threats.
North America to maintain its dominance by 2033
Based on region, North America held the highest market share in terms of revenue in 2023, accounting for more than half of the global military cybersecurity market revenue and is likely to dominate the market during the forecast period. The advancements in sensor technology, artificial intelligence, and communication systems have contributed to the evolution of military cybersecurity, enabling greater autonomy, flexibility, and effectiveness in engaging both stationary and moving targets with reduced collateral damage.
To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A323349
Leading Market Players:
AT&TBAE SystemsBoeingCisco Systems, Inc.DXC Technology CompanyEclecticIQ B.V.IBM CorporationIntel CorporationLockheed Martin CorporationNorthrop Grumman CorporationPrivacera, Inc.SentineIOneSecureworks, Inc.Thales GroupThe report provides a detailed analysis of these key players in the global military cybersecurity market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected] Web: www.alliedmarketresearch.com AMR Resource Center: https://www.alliedmarketresearch.com/resource-center
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Dahua Network Camera Series Obtains CC EAL 3+ Certificate

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HANGZHOU, China, May 20, 2024 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, is proud to announce that its network cameras have successfully obtained Common Criteria (CC) EAL 3+ certificate. This achievement demonstrates Dahua’s dedication to delivering secure and reliable solutions that comply with the industry’s highest information security standards and best practices.

The Evaluation Assurance Level (EAL) 3+ certificate, issued by the Common Criteria for Information Technology Security Evaluation (CC), represents a widely used industry standard for evaluating the security features of IT products and systems. It has been recognized by 31 member countries of the Common Criteria Recognition Arrangement (CCRA) organization, which consists of the United States, Germany, the United Kingdom, the Netherlands, Japan, etc.
As the most authoritative and influential information security standard worldwide, obtaining the CC EAL 3+ certificate verifies Dahua’s robust measures against potential security threats throughout the entire R&D, production, and delivery processes. This also signifies that Dahua’s information security management capabilities meet internationally recognized industry standards.
The certification process involves comprehensive testing and evaluation of Dahua’s development environment, production environment, supply chain, vulnerability assessment, personnel security, as well as many other aspects. The security evaluation is completed by SGS Brightsight, a globally renowned security assessment laboratory in the Netherlands and approved by the Netherlands Scheme for Certification in the Area of IT Security (NSCIB).
“At Dahua, we prioritize the security needs and trust of our customers above all else. With the addition of CC EAL 3+ certificate, customers can be confident that they are investing in a secure and reliable solution that delivers unparalleled peace of mind, safeguarding their assets and ensuring uninterrupted operations,” stated Max Xiang, IPC Product Director at Dahua Technology.
Dahua always follows best industry practices and maintains the highest standards of security across all aspects of the company’s operations. In addition to product security and privacy protection, Dahua implements strict quality control measures to strengthen supply chain security. Forging ahead, Dahua will remain dedicated to advancing the security industry through innovative and secure solutions, further enhancing its cybersecurity and data protection capabilities, and working with industry partners to build a trustworthy AIoT environment.
For more in-depth insights into Dahua’s cybersecurity practices, please visit www. dahuasecurity.com 
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AGI to Debut at COMPUTEX 2024

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TAIPEI, May 20, 2024 /PRNewswire/ — AGI Technology, a pioneering provider of high-performance storage solutions from Taiwan, will make its inaugural appearance at COMPUTEX 2024. This grant event will take place from June 4 to June 7 at the Taipei Nangang Exhibition Center, where AGI will be showcasing its latest innovations at Booth #J0218.

Event DetailsDate: June 4 – 7, 2024Time: 9:30 a.m. – 5:30 p.m.Location: Taipei Nangang Exhibition Center, Hall 1Booth: #J0218
AGI will present cutting-edge technology across three main themes:
Spotlight Innovations
– Supreme Pro TF138 2TB microSD: The world’s first 2TB microSD card, exclusively produced by AGI, sets a new standard in mass production and storage capacity.
– TURBOJET RGB DDR5 Series: This DDR5 series, featuring RGB lighting and a heat sink for overclocking, delivers exceptional performance.
– EDM38 Portable SSD for Mobile: A portable SSD with MagSafe-compatible magnetic attachment that offers lightweight portability.
Ultra-Spec Solutions
– SATA 8TB SSD: This 8TB SATA SSD is pushing the limits of consumer-grade storage, setting a new benchmark for capacity.
– PCIe 16TB SSD: A 16TB PCIe SSD that leads in the HMB domain, providing unmatched performance.
Customization Zone
AGI will showcase tailored storage solutions that meet unique customer needs.
We welcome you to visit AGI at Booth #J0218 to discover these innovations and explore collaboration opportunities.
About AGI
AGI is a leading provider of high-performance storage solutions, offering a range of innovative products that meet the evolving needs of its customers. With a commitment to delivering cutting-edge storage capacities and superior performance, AGI empowers its customers to achieve exceptional digital experiences.
Contact Information
Sales [email protected]+8862-27937256www.agi-gear.com 
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