Study: Providers increasingly outsourcing revenue cycle management #ICD10 #ICDRemediator #ICD10Matters #HealthIT

Study: Providers increasingly outsourcing revenue cycle management | Healthcare Dive 

By Anne Zieger | November 26, 2014



Dive Brief:



Driven by pressure from changing value-based payment models, providers are increasingly outsourcing revenue cycle management services, according to industry research house Black Book.

Black Book has found that over the past two years, hundreds of providers have outsourced their RCM function, and that the number continues to grow. This should result in the outsourced RCM market hitting $10 billion by 2016, the firm projects.



In-house RCM operations cost providers $252 billion this year, with reimbursements costing $30 to $90 per transaction, Black Book estimates.



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