US Medical Billing Outsourcing Market

US Medical Billing Outsourcing Market, updated 4/17/25, 1:48 PM

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US Medical Billing Outsourcing Market
US Medical Billing Outsourcing Market Size Worth USD 18.88 Billion
by 2034 | CAGR: 11.7%
US Medical Billing Outsourcing Market Size, Share, Trends, Industry
Analysis Report: By Component, Services, and End Use (Hospitals,
Physician Offices, and Others) – Market Forecast, 2025–2034

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US Medical Billing Outsourcing Market
• The US medical billing outsourcing market size was valued at USD
6.26 billion in 2024. The market is expected to grow from USD 6.97
billion in 2025 to USD 18.88 billion by 2034, exhibiting a CAGR of
11.7% during 2025–2034.
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billing-outsourcing-market/request-for-sample
US Medical Billing Outsourcing Market
• Key Market Players :
• AdvancedMD, Inc.
• Care Cloud
• eClinicalWorks
• Kareo, Inc.
• McKesson Corporation
• Oracle (Cerner Corporation)
• Promantra Inc.
• Quest Diagnostics
• R1RCM Inc.
• Veradigm LLC (Allscripts Healthcare, LLC)

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US Medical Billing Outsourcing Market
US Medical Billing Outsourcing Market Report Highlights

In terms of component, the outsourced segment accounted for the largest market share in 2024
due to increasing healthcare provider reliance on third-party revenue cycle management (RCM)
solutions to streamline administrative workflows and reduce operational costs.
• Based on end use, the hospitals segment accounted for the largest market share in 2024,
driven by the increasing complexity of billing procedures, high patient volumes, and regulatory
compliance requirements.
• Some of the key market players are AdvancedMD, Inc.; Care Cloud; eClinicalWorks; Kareo,
Inc.; McKesson Corporation; Oracle (Cerner Corporation); Promantra Inc.; Quest Diagnostics;
R1RCM Inc.; and Veradigm LLC (Allscripts Healthcare, LLC).
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