AI In Revenue Cycle Management Market Size, Share & Trends Analysis Report By Product, By Type, By Application, By Delivery Mode, By End Use, By Region, And Segment Forecasts, 2025 - 2030
The global AI in revenue cycle management market size was estimated at USD 20.63 billion in 2024 and is projected to grow at a CAGR of 24.16% from 2025 to 2030. Rising healthcare claim denials & complexity in payer rules, shift from transactional to value-based revenue cycle management (RCM), and growing focus on interoperability & ecosystem integration are factors contributing to market growth.
One of the most significant drivers of artificial intelligence in the revenue cycle management market is the increasing volume and complexity of healthcare claim denials. Claim denials are rising in volume and are increasingly difficult to appeal due to varying payer policies and frequent regulatory shifts.
AI-enabled solutions offer predictive denial management, real-time eligibility checks, and automated appeals processing, significantly improving denial resolution rates. Healthcare providers are thus investing in AI to reduce denials, predict them, and intervene earlier in the billing cycle. For instance, in December 2024, Care.fi launched RevNow, an AI-powered RCM platform for hospitals in India to manage insurance claims. This platform uses advanced analytics and automation to streamline the insurance claims process, including patient admission through to final discharge, pre-authorization to post-authorization, and claim adjudication to settlement.
"By harnessing AI and automation, we're enabling hospitals to overcome the traditional challenges of claims processing-delays, rejections, and inefficiencies-and transform them into streamlined, transparent workflows."
Sidak Singh, Co-founder, Care.fi.
Moreover, healthcare facilities are outsourcing RCM software solutions owing to the multiple advantages associated such as easy availability of trained and skilled professionals, enhanced efficiency, compliance, adherence to required regulations, and cost-effectiveness. A survey by Salucro Healthcare Solutions in January 2024, involving 176 healthcare professionals, found that 50% of respondents are generally satisfied with their organization's revenue cycle management, with 34% considering it somewhat efficient and 16% very efficient. However, hands-on revenue cycle leaders are less likely to view the system as efficient compared to executive leaders.
Furthermore, acute workforce shortages in medical billing and coding departments drive market growth further. AI helps offset staffing gaps by automating routine, manual RCM tasks such as charge entry, coding validation, claims status checks, and payment posting. For instance, in July 2024, Thoughtful AI launched human-capable AI agents' CAM, EVA, and PHIL to reduce human intervention in healthcare providers' RCM departments.
"Back office staffing and reimbursement are core reasons why the U.S. healthcare system is so expensive and inefficient," explained Zekoff. "In many industries, collections cost less than a penny on the dollar, but collections can cost 10 times that in healthcare. Imagine a healthcare provider making $100 million a year yet having to spend $10 million to collect that revenue. Those dollars should go to the patient experience, not inefficient collections processes."
Alex Zekoff, Thoughtful AI co-founder and CEO
AI solutions that can seamlessly integrate with existing RCM platforms, electronic health record (EHR), and payer systems are gaining traction. Interoperability is essential for enabling real-time claims processing and ensuring payment integrity workflows. Vendors are increasingly providing APIs and cloud-based platforms that improve data flow between clinical and financial systems. AI plays a crucial role in unifying various revenue cycle processes, ranging from prior authorizations to denial appeals, resulting in a more cohesive and real-time financial environment.
Global AI In Revenue Cycle Management Market Report Segmentation
This report forecasts revenue growth at the global, regional & country level and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the global AI in revenue cycle management market report based on product, type, application, delivery mode, end use, and region:
Product Outlook (Revenue, USD Million, 2018 - 2030)
Software
Services
Type Outlook (Revenue, USD Million, 2018 - 2030)
Integrated
Standalone
Application Outlook (Revenue, USD Million, 2018 - 2030)
Medical Coding and Charge Capture
Claims Management
Payment Posting & Remittance
Financial Analytics & KPI Monitoring
Others
Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
Web-based
Cloud-based
On-premise
End Use Outlook (Revenue, USD Million, 2018 - 2030)
Physician Back Offices
Hospitals
Diagnostic Laboratories
Other
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Type
1.2.2. Product
1.2.3. Application
1.2.4. Delivery Mode
1.2.5. End Use
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. GVR's Internal Database
1.5.3. Secondary Sources
1.5.4. Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
1.9. List of Secondary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Segmentation and Scope
3.2. Market Lineage Outlook
3.2.1. Parent Market Outlook
3.2.2. Related/Ancillary Market Outlook
3.3. Market Trends and Outlook
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunity Analysis
3.3.4. Market Challenges Analysis
3.4. Business Environment Analysis
3.4.1. PESTLE Analysis
3.4.2. Porter's Five Forces Analysis
3.5. Case Studies
Chapter 4. AI in Revenue Cycle Management Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Global AI in Revenue Cycle Management Market Product Movement Analysis
4.3. Global AI in Revenue Cycle Management Market Size & Trend Analysis, by Product, 2018 to 2030 (USD Million)
4.4. Software
4.4.1. Software market, 2018 - 2030 (USD Million)
4.5. Services
4.5.1. Services market, 2018 - 2030 (USD Million)
Chapter 5. AI in Revenue Cycle Management Market: Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Global AI in Revenue Cycle Management Market Type Movement Analysis
5.3. Global AI in Revenue Cycle Management Market Size & Trend Analysis, by Type, 2018 to 2030 (USD Million)