BC Advantage - 2024 Issue 7

Medical Billing Outsourcing Industry: New Solutions, Investments, and M&A to Raise Industry Demand

The medical billing outsourcing market is a critical component of the healthcare industry, providing services to manage complex billing processes for healthcare providers. This includes services, such as coding, billing, and revenue cycle management, which are outsourced to specialized third-party providers. The growing complexity of medical billing, increasing healthcare costs, and the need for efficient revenue cycle management is driving the growth of this market.   A report published by The Brainy Insights shows that the global medical billing outsourcing market is expected to grow from $13 billion USD in 2022 to $40.3 billion USD by 2032, at...

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