Australia Revenue Cycle Management Market Size & Outlook
Australia revenue cycle management market, 2018-2030 (US$M)
Related Markets
Australia revenue cycle management market highlights
- The Australia revenue cycle management market generated a revenue of USD 2.6 million in 2023 and is expected to reach USD 6.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Integrated is the most lucrative type segment registering the fastest growth during the forecast period.
Revenue cycle management market data book summary
| Market revenue in 2023 | USD 2.6 million |
| Market revenue in 2030 | USD 6.0 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Integrated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Standalone |
| Key market players worldwide | The SSI Group, Veradigm Inc, Athenahealth, Experian PLC, R1 RCM Inc, Epic Systems Corporation, McKesson Corp, NXGN, CareCloud Inc, Quest Diagnostics Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 0.8% of the global revenue cycle management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India revenue cycle management market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 39.4 million by 2030.
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Revenue Cycle Management Market Scope
Revenue Cycle Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia revenue cycle management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to revenue cycle management market will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 69.23% in 2023. Horizon Databook has segmented the Australia revenue cycle management market based on integrated, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
The Australian healthcare is financed majorly by Medicare, a universal public health insurance policy and is regulated and managed by federal government, state government, and local government bodies. The healthcare expenditure endured in 2015–2016 stood at 10.3% of the GDP with the government contributing 67.0% to it, as per Commonwealth Fund Australia as of June 2020.
The increasing rate of chronic diseases and need for cost reductions in healthcare is pushing development of digital healthcare services in Australia. Government support through Australian Digital Health Agency, established in 2016, overlooks the nation’s digital health development.
The Australian EHR recorded 6 million patients and 13.4 million healthcare providers as of 2019. These factors are driving the growth of RCMs in Australia.
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Our clientele includes a mix of revenue cycle management market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia revenue cycle management market , including forecasts for subscribers. This country databook contains high-level insights into Australia revenue cycle management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia revenue cycle management market size, by type, 2018-2030 (US$M)
Australia Revenue Cycle Management Market Outlook Share, 2023 & 2030 (US$M)
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