In the post-pandemic era, healthcare providers’ priorities have shifted, with an increased focus on reducing administrative spend, enhancing processes with digital/technology adoption, and prioritizing the integration of Revenue Cycle Management (RCM) operations. This shift has prompted RCM service providers to undertake the inorganic route to quickly develop the capabilities and digital prowess required to serve enterprises’ evolving priorities.
In 2021, Private Equity (PE) investments and M&As in the RCM service provider space surged and included Omega Healthcare’s acquisition of himagine and AccessOne’s takeover of CueSquared. In this viewpoint, we examine the driving factors behind market consolidation, analyze its benefits, and examine how these strategies will evolve in the future.
Scope
Industry: healthcare provider (RCM)
Geography: North America
Contents
This report examines:
PE investments and M&A activity in the RCM service provider market
Investment and M&A trend analysis
Key factors behind market consolidation
Service provider acquisition strategies in the future
The Revenue cycle management (RCM) outsourcing market experienced stagnated growth, especially in Q2 and Q3 of 2020, on account of healthcare providers facing new challenges, adding to their legacy burden. Key issues such as reduction in patient foot…