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Revenue Cycle Management

10 Top Revenue Cycle Management Companies in 2025

March 19, 2025
9 min read

Revenue cycle management companies play a critical role in the healthcare industry by optimizing financial performance and enhancing operational efficiency.

These firms help providers navigate the complexities of billing and reimbursements, enabling healthcare organizations to focus more on patient care.

With a variety of solutions ranging from patient access services to advanced technologies like automation and AI, these companies drive significant improvements in revenue generation for healthcare providers.

In this article, readers will explore key players in the market, including public revenue cycle management companies and the services they offer.

TL;DR

  • Revenue cycle management companies specialize in claims processing, medical billing, patient financial services, and denials management to optimize healthcare revenue cycles.
  • Top RCM providers leverage advanced tools like artificial intelligence, data analytics, and cloud-based platforms to enhance efficiency and accuracy in financial operations.
  • By streamlining billing and payment processes, these companies help healthcare providers reduce administrative burdens, improve cash flow, and maintain compliance with regulatory standards.

10 largest revenue cycle management companies in 2025

In 2025, the landscape of revenue cycle management (RCM) is dominated by companies that leverage cutting-edge technology and comprehensive solutions. 

“Simplify healthcare operations with Keragon’s automation tools by exploring our platform today.”

Here is a look at some of the largest firms driving innovation and efficiency in healthcare RCM:

1. NextGen

NextGen stands out as a significant player in healthcare revenue cycle management. They offer integrated solutions that focus on electronic health records (EHR), practice management, and patient engagement.

Their RCM services streamline billing processes, improve claim accuracy, and enhance patient financial experiences.

The company emphasizes automation and data analytics to reduce denials and optimize collections.

Their solutions cater to various healthcare providers, including small practices and large health systems.

NextGen's commitment to flexibility and customization helps different organizations meet unique revenue cycle challenges.

2. Change Healthcare

Change Healthcare is a well-known leader in the RCM industry, providing comprehensive solutions across healthcare settings. Their suite includes claims management, payment analytics, and electronic data interchange services.

They focus on enhancing financial performance for healthcare providers through advanced technology and data-driven insights.

Their systems integrate with existing healthcare platforms to streamline the billing cycle and improve revenue collection.

Change Healthcare's approach to leveraging AI and machine learning addresses inefficiencies in the revenue cycle, driving sustainable financial growth.

3. Eclinicalworks

Eclinicalworks is prominent in both practice management and revenue cycle management. Their integrated offerings provide seamless EHR and RCM solutions tailored for ambulatory healthcare settings.

They focus on boosting operational efficiency and improving financial outcomes through robust billing management systems.

Their platform supports automated claim processing and detailed financial analytics.

By offering a comprehensive suite of tools, Eclinicalworks enables healthcare providers to focus on patient care while ensuring revenue maximization.

4. Oracle Cerner

Oracle Cerner brings a wealth of experience with a focus on transforming healthcare efficiency. Their RCM services are designed to complement integrated clinical and financial systems within healthcare environments.

By leveraging data-driven insights, they enhance the accuracy of coding and billing activities.

With a commitment to technology-driven revenue cycle transformation, Oracle Cerner supports healthcare organizations in streamlining their workflows.

They focus on minimizing lost revenue opportunities and optimizing financial outcomes across enterprises.

5. CareCloud

CareCloud is notable for its cloud-based healthcare technology solutions. Specializing in RCM, CareCloud offers a platform that combines practice management, medical billing, and patient experience enhancements.

Their scalable solutions cater to small practices and mid-sized healthcare organizations.

The focus on interoperability and user experience helps providers efficiently manage their revenue cycles.

CareCloud uses advanced analytics to drive financial improvements and reduce administrative burdens.

Their commitment to innovation ensures continual enhancements to billing precision and financial performance.

6. Experian Health

Experian Health provides an integrated suite of revenue cycle management solutions, helping healthcare facilities manage patient identity, eligibility, and billing processes.

They focus on minimizing financial risk and improving patient collections through automated solutions.

Their services include analytics-driven financial assessment and detailed reporting tools that facilitate decision-making.

Experian Health harnesses extensive healthcare data to enable better financial planning, reducing write-offs and accelerating claims reimbursement.

7. R1 RCM

R1 RCM offers comprehensive revenue cycle services to various healthcare organizations, from hospitals to physician practices.

Their focus includes improving cost-effectiveness and enhancing financial results through automation and optimization of the billing and collections processes.

The company's robust technology platform is designed to integrate seamlessly into different healthcare systems.

R1 RCM emphasizes collaboration with clients to address specific financial challenges and improve overall healthcare operations.

8. PwC Revenue Cycle Managed Services

PwC Revenue Cycle Managed Services provides solutions that integrate across the healthcare continuum. They focus on improving the revenue cycle by reducing billing errors and speeding up collection times.

Their services blend operational support with strategic insights to address healthcare financial challenges.

The company's strength lies in its ability to customize solutions to meet unique client needs, supporting improved financial health and operational efficiency.

PwC relies on extensive industry experience, ensuring their methodologies align with current trends in healthcare management.

9. Athenahealth

Athenahealth is recognized for its cloud-based electronic health records and revenue cycle management services. They provide tools that support effective billing and collections processes, striving to improve cash flow and reduce administrative costs for providers.

Their flexible RCM solutions are suitable for a variety of healthcare environments.

Athenahealth's commitment to innovation focuses on streamlining workflows and enhancing the provider-patient financial experience. Their services aim to create efficiencies and optimize revenue for healthcare facilities.”

10. Trizetto Provider

Trizetto Provider, part of Cognizant, offers tailored revenue cycle management solutions that focus on improving clinical, financial, and operational outcomes.

Their technology-driven approach addresses billing challenges to enhance the revenue cycle.

Their solutions include comprehensive healthcare IT platforms that integrate with existing systems.

Trizetto's commitment to continuous innovation and efficiency positions it as a leader in the RCM sector, striving to ensure sustainability and growth for healthcare providers.

“Enhance your revenue cycle efficiency with Keragon’s seamless automation and integrations by exploring our solutions today.” 

What to consider when choosing between the healthcare RCM companies

When selecting a healthcare revenue cycle management (RCM) company, it's essential to evaluate experience and expertise.

Not all RCM vendors offer the same level of service, and some may specialize in specific healthcare sectors or sizes of practice.

Assessing a company's track record can provide insights into their capabilities.

Technological capabilities are crucial.

The best RCM companies leverage innovative technology to streamline processes like claims processing, charge capture, and patient collection.

A tech-enabled approach can enhance efficiency and reduce errors in medical billing.

Consider the support system provided by revenue cycle outsourcing companies.

A strong support infrastructure ensures that healthcare providers can rely on their RCM partner for timely assistance and problem resolution.

This aspect can significantly impact operational efficiency.

Aligning with a company that offers customizable services is important for meeting unique practice needs.

Top revenue cycle management vendors adapt their services to specific operational requirements, whether for small practices or large hospital systems.

Evaluating the company's reputation and reviews helps in understanding their industry standing.

Checking for testimonials or third-party evaluations can provide perspectives on customer satisfaction and reliability.

Finally, consider the cost and return on investment when choosing between healthcare revenue cycle companies.

Balancing service costs with potential financial improvements can guide decisions towards more sustainable partnerships.

1. Experience and expertise

When selecting a healthcare revenue cycle management (RCM) company, it's essential to evaluate their experience and expertise in the field. Companies with a proven track record often demonstrate a deeper understanding of industry complexities, including regulatory compliance, insurance requirements, and healthcare-specific billing challenges.

Not all RCM vendors offer the same level of service, and some may specialize in certain healthcare sectors, such as primary care, specialty practices, or large hospital systems. For example, a vendor that excels in managing revenue for small clinics might not be equipped to handle the complexities of a multi-hospital network.

Researching the company's portfolio, client testimonials, and years of experience can provide valuable insights into their capabilities and alignment with your specific needs.

2. Technological capabilities

Technological capabilities are a cornerstone of effective RCM services. Leading RCM companies use innovative technology to streamline critical processes such as claims processing, charge capture, and patient collection.

Advanced tools like AI-powered analytics, robotic process automation (RPA), and electronic health record (EHR) integration can significantly reduce manual work, enhance efficiency, and minimize errors in medical billing. Additionally, robust reporting tools provide healthcare providers with real-time insights into their revenue cycle, enabling proactive decision-making.

When evaluating RCM vendors, inquire about their tech stack, automation capabilities, and compatibility with your existing systems. Choosing a tech-enabled partner ensures your revenue cycle management stays efficient and future-proof.

3. Support system

The support system provided by an RCM company can make or break the success of the partnership. A strong support infrastructure ensures that healthcare providers receive timely assistance and problem resolution. This includes help with denied claims, addressing billing disputes, and resolving patient queries.

A responsive and knowledgeable support team can improve cash flow by ensuring that revenue disruptions are quickly addressed. Additionally, having a dedicated account manager or 24/7 support availability can enhance operational efficiency, reduce provider stress, and foster a smooth working relationship.

Be sure to evaluate the vendor's support protocols, response times, and customer service reputation before making a decision.

4. Customizable services

Every healthcare provider has unique needs, and aligning with a company that offers customizable services is crucial for achieving operational harmony. Top revenue cycle management vendors tailor their offerings to fit specific practice requirements, whether for small practices, mid-sized clinics, or large hospital systems.

Customization might include tailored workflows, personalized reporting, or industry-specific expertise. For instance, a pediatric practice may require different billing codes and processes than an orthopedic clinic.

A customizable approach ensures that the RCM vendor can accommodate your practice's unique operational, financial, and regulatory needs, leading to better results and a more seamless partnership.

5. Reputation and reviews

A company's reputation and reviews provide valuable insights into its industry standing and reliability. Checking for client testimonials, case studies, and third-party evaluations can help you gauge customer satisfaction and overall performance.

Independent review platforms or industry awards can also signal credibility and competence. Look for evidence of long-term client relationships, as these often indicate consistent, high-quality service. Additionally, consider the company’s transparency regarding challenges they’ve faced and how they resolved them.

Positive reviews, backed by verifiable results, can give you confidence in your choice of RCM partner.

6. Cost and return on investment

Finally, the cost and return on investment (ROI) are critical factors when choosing an RCM partner. It’s important to assess whether the service fees align with the financial improvements the company can deliver.

Some RCM companies charge a percentage of collections, while others offer flat-rate pricing. Comparing pricing models and understanding the potential benefits, such as increased collections, reduced claim denials, and time savings, can help you make an informed decision.

A well-chosen RCM partner should provide clear, measurable improvements in your financial outcomes, making the partnership not just a cost but a valuable investment in your practice’s sustainability and growth.

Final thoughts on the top revenue cycle management companies

Revenue cycle management (RCM) companies are indispensable to modern healthcare, driving efficiency and financial performance through innovative solutions. 

By leveraging advanced technologies such as AI, automation, and data analytics, these firms streamline critical processes like billing, claims management, and patient financial services. 

Key players in the RCM market, including Optum, Change Healthcare, and R1 RCM, exemplify the industry's commitment to reducing administrative burdens and improving cash flow for providers. 

As healthcare organizations navigate an increasingly complex financial landscape, choosing the right RCM partner is essential for achieving operational success and focusing on quality patient care.

“Boost efficiency with Keragon’s automation platform by signing up for free today.”

FAQ

Which are the top healthcare revenue cycle management companies?

The top 10 healthcare revenue cycle management companies include leaders like R1 RCM, Change Healthcare, and Athenahealth. These firms specialize in automation and AI-driven solutions to streamline financial operations.

Leading providers focus on reducing claim denials, improving cash flow, and tailoring their solutions to meet diverse healthcare needs.

How do revenue cycle management companies support medical practices?

Revenue cycle management companies help medical practices streamline claims processing, improve patient collections, and enhance financial operations. Leading providers focus on compliance, automation, and advanced technology to optimize revenue cycles.

Selecting the right partner ensures operational efficiency and a steady revenue stream for healthcare organizations.

Who are the largest RCM companies in the USA?

The largest RCM companies include Optum, Change Healthcare, and Trizetto Provider. These leading RCM companies in the U.S. offer integrated services to streamline billing and collections.

Many providers leverage advanced technology to improve accuracy, enhance compliance, and optimize revenue cycle operations.

Kerago Team
March 19, 2025
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