In this Industry Perspective we provide a contemporary update on the revenue cycle management (RCM) sector and highlight the innovative companies reinvigorating the sector and reshaping the competitive landscape. A number of market dynamics will contribute to the success and opportunity set of these next generation of RCM companies: patient pay dynamics, patient access, payer-provider alignment challenges, high-dollar, specialized RCM opportunities, increased payment complexities, enhanced connectivity, data-driven insights, and automation.
Across the TripleTree platform, we believe the RCM industry will continue to experience positive disruption and change over the long-term, perhaps even more so than other areas of healthcare. As a result, Next Gen RCM vendors will find themselves at the nexus of the transformation shaping tomorrow’s healthcare landscape.