Category Forecast
The healthcare financial and revenue cycle management market is expected to grow at a CAGR of 5.8% from 2022 to 2027.
Regulations (as of May 2023)
US regulations include HIPAA, ACA, CMS rules, and legal pressures: False Claims Act, Stark Law, and Anti-Kickback Statute.
Common Procurement Hurdles
In this category, there is a lack of pricing transparency and standardization. Provider comparisons are challenging as a result.
Contracting Tips
Consider a longer bid evaluation process and budget for managing complex contracts in financial and revenue cycle management.