Medical Billing Market: $16.8B to $27.7B Growth Forecast (2024-2029) | MarketsandMarkets™ [Yahoo! Finance]
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McKesson Corporation (MCK)
Last mckesson corporation earnings: 2/4 07:00 am
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Source: Yahoo! Finance
Management), Type (Account receivable, Claim, Coding, Analytics), Service (Managed, Professional), End User (Hospital, Speciality), & Region- Global Forecast to 2029" report highlights substantial growth projections. It anticipates the market to escalate from $16.8 billion in 2024 to $27.7 billion by 2029, at a notable CAGR of 10.5%. The global medical billing market is experiencing significant growth, driven by increasing patient numbers, the rising complexity of medical billing and coding procedures, expanding healthcare insurance coverage, and growing healthcare expenditure. The need for regulatory compliance and the shift towards electronic health records (EHR) integration and digitalization also contribute to this growth. Outsourcing medical billing services for better revenue cycle management and adopting advanced technologies such as AI, cloud solutions, and automation further propel market expansion. The growing geriatric population and prevalence of chronic diseases increase
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News
- McKesson Shares Fall Following Sale of Rexall, Well.ca to Birch Hill [Yahoo! Finance]Yahoo! Finance
- Why is the British government investigating the Oasis reunion tour? Take our business quiz for the week of Sept. 6 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- McKesson Corporation (MCK) Wells Fargo 2024 Healthcare Conference (Transcript) [Seeking Alpha]Seeking Alpha
- Private equity firm Birch Hill signs deal to buy Rexall Pharmacy and Well.ca [Financial Post (Toronto, Ontario, Canada)]Financial Post
- McKesson Co. (NYSE: MCK) had its price target lowered by analysts at Leerink Partners from $670.00 to $665.00. They now have an "outperform" rating on the stock.MarketBeat
MCK
Earnings
- 8/7/24 - Beat
MCK
Sec Filings
- 9/6/24 - Form 4
- 9/6/24 - Form 424B5
- 9/5/24 - Form FWP
- MCK's page on the SEC website