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U.S. Medical Billing Outsourcing Market Is Expected To Reach Revenue Of USD 16.9 Bn By 2033, At 12.5% CAGR: Dimension Market Research [Yahoo! Finance]

R1 RCM Inc. (RCM) 
Last r1 rcm inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
New York, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Overview The U.S. Medical Billing Outsourcing Market is projected to reach USD 5.9 billion in 2024 which is further anticipated to reach USD 16.9 billion by 2033 at a CAGR of The U.S. medical billing outsourcing market is showing rapid growth, as health expenditure and regulatory complications have increased in this region. In this respect, healthcare organizations choose to outsource some of the billing functions to improve operational efficiency, maintain minimal administrative complications, and eliminate the possibility of errors in billing. In this regard, a complete medical billing process may include different tiers: front-end, mid-end, and back-end services. As more and more healthcare providers take advantage of cutting-edge billing software and electronic records of patients, the demand for outsourced services is expected to rise further in the coming years. This reflects a strategic move to focus on core patient care whil Show less Read more
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