Technology Spending on Revenue Cycle Management Market Technology Spending on Revenue Cycle Management Ma | Página 2

and has greater growth opportunities in the forecast years due to its accessibility
and lower costs.
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APAC Grows Stronger in Demand for Revenue Cycle Management
North America played the leading role among all key regions in technology spending
on revenue cycle management in 2015. However, over the coming years,
technology spending on revenue cycle management in Asia Pacific will exhibit the
leading CAGR of 8.5%, between 2016 and 2024. Asia Pacific is therefore expected to
hold an important position in the sustainable growth of the global technology
spending on revenue cycle management industry over the above forecast period.
The Asia Pacific region is still relatively behind in terms of adoption and
development of new technologies. Although the expenditures on technology in
modern revenue cycle management is currently low in the region, the market is
expected to grow substantially, owing to factors such as the positive modulations in
global regulatory reforms, the evolving economic scenario and its consequent
increase in purchasing power of consumers and enterprises, growing awareness of
the advantages of modern revenue cycle management processes and the presence
of a large and growing number of patients suffering from various chronic disorders.
Japan currently represents a highly lucrative market in terms of spending, compared
to the rest of the APAC nations.
Cerner Corporation, McKesson Corporation, DST Systems, Inc., Allscripts, 3M, and
Perot Systems have been some of the key players that have led the global market in
technology spending on revenue cycle management. A large number of the more
prominent entities from this market are known to be located within the U.S.
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