Laboratory Revenue Cycle Management Market Companies and Market Trends Analysis

Top Companies in the Laboratory Revenue Cycle Management Market

• Optum360
• Change Healthcare
• Cerner Corporation
• Epic Systems Corporation
• Waystar
• AdvancedMD
• Medicare Revenue Cycle Management (MRCM)
• R1 RCM Inc.
• Quest Diagnostics
• LabCorp
• McKesson Corporation
• athenahealth, Inc.
• NextGen Healthcare
• Allscripts Healthcare Solutions
• eClinicalWorks
• ZS Associates
• Kareo
• SSI Group
• CitiusTech
• Navicure (Waystar)

Market Forecast

The global laboratory revenue cycle management market is on an upward trajectory, poised to generate substantial revenue growth, potentially climbing into the hundreds of millions over the forecast years from 2025 to 2034. This surge is attributed to evolving consumer preferences and technological advancements reshaping the industry.

Trends in the Laboratory Revenue Cycle Management Market

The globe is revolutionizing diverse areas with the greater adoption of AI and its respective approaches, which are also boosting the global market development.

• In July 2025, Omega Healthcare entered into a collaboration with Microsoft to introduce 20+ AI solutions to transform revenue cycle management.
• In April 2025, Thoughtful.ai, a company specializing in artificial intelligence (AI)-powered revenue cycle automation, received a strategic investment from New Mountain Capital to assist Thoughtful.ai’s continued expansion and boost the adoption of automation and AI solutions.

Latest Announcements by Industry Leaders

• In June 2025, SmartLabs, the leading provider of flexible laboratory infrastructure and resourcing solutions, and International Workplace Group (IWG), the world's largest flexible and hybrid workspace platform, announced a 10-year global alliance to meet rising demand for fully managed lab environments in emerging and established life sciences hubs. Brian Taylor, CEO of SmartLabs, commented that this partnership will support delivering fully managed, high-performance R&D environments directly to underserved markets across Europe, Asia, and beyond.
• In March 2025, Infinx, a company in AI-powered revenue cycle management solutions, announced the acquisition of Glidian, a market player in prior authorization automation, to strengthen Infinx's patient access solutions while boosting its footprint in the laboratory market. Jaideep Tandon, CEO of Infinx, said that Glidian's expertise in prior authorization technology, especially within the laboratory space, complements Infinx's suite of patient access solutions.

Recent Developments in the Market

• In September 2025, IKS Health, a global company in care supporting clinical, administrative, and financial efficiencies across the patient journey, unveiled Scribble Now, its ambient AI scribe, integrated with revenue cycle management, coding, and clinical documentation solutions.
• In  August 2025, RCM Matter, a subsidiary of TechMatter, introduced its flagship product, a next-generation Medical Billing and Revenue Cycle Management (RCM) software solution that’s built for modern-day healthcare practices.
• In June 2025, Collectly, the AI-driven platform reshaping patient billing and revenue cycle management, introduced Billie, an advanced AI agent for patient billing and RCM available to patients 24/7 across chat, email, text, and voice.
• In January 2025, IntelligentDX, a leading healthcare technology company in India, launched its transforming AI-based deep learning software, established to optimize Electronic Health Records (EHR) and Electronic Medical Records (EMR) systems.

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