U.S. Emergency Medical Services Billing Software Market Report 2024-2030: In-House, Outsourced, Land Ambulance, Air Ambulance, Water Ambulance Size, Share & Trends Analysis

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "U.S. Emergency Medical Services Billing Software Market Size, Share & Trends Analysis Report By Component (In-house, Outsourced), By Type (Land Ambulance Services, Air Ambulance Services), And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. emergency medical services billing software market size is anticipated to reach USD 814.58 million by 2030, expanding at a CAGR of 8.72% from 2024 to 2030

The increasing demand for software that enhances processes and generates revenue for clients is expected to propel growth of the market. EMS billing platforms enable EMS providers to focus on improving patient care without the need for complex and lengthy billing operations. This is anticipated to drive the market's growth.

Furthermore, the COVID-19 pandemic had a significant impact on the use of EMS billing software in the U.S., resulting in both challenges and opportunities for the sector. According to the survey conducted by the National Association of Emergency Medical Technicians (NAEMT), around 61% of EMS agencies experienced a one-third decrease in call volume during the early stages of the pandemic.

This decline in service demand led to a substantial drop in revenue for many agencies, with nearly three-quarters reporting financial strain due to increased COVID-related costs. However, the pandemic has accelerated the adoption of automated billing solutions and data management practices. Agencies are now more focused on utilizing technology to streamline their billing processes, improve reporting, and enhance decision-making capabilities. This has increased the growth in the adoption of advanced EMS billing software and innovative billing strategies, expanding the market for future expansion.
Managing complex billing software and handling patient data are challenging and time-consuming tasks for emergency care organizations. As a result, various providers have started launching automated software to streamline processes, decrease time spent on administrative tasks, and enable patient data to be accessed from multiple sources.
U.S. Emergency Medical Services Billing Software Market Report Highlights

• On the basis of component, the outsourced segment dominated the market in 2023, and is expected to witness the fastest growth over the forecast period. The companies find the outsourced option to be more cost-effective than developing their software in-house. The availability of integrated and advanced billing software has made the billing process more efficient for service providers
• On the basis of type, land ambulances dominated the market in 2023, due to faster response time for transporting patients suffering from cardiac arrest or accidental emergency cases
• Rising demand for land ambulances from the Medicare-insured population is expected to drive growth in land ambulance services. Air ambulance services are expected to have the fastest CAGR during the forecast period

Companies Featured

• MEDAPOINT (MP CLOUD TECHNOLOGIES)
• eso
• Ambubill - Ambulance Billing Service.
• AIM EMS SOFTWARE & SERVICES
• ImagineSoftware, Technology Partners, LLC
• Change Healthcare
• Isalus Healthcare
• Lexipol (EMS1)
• iTech Workshop Pvt Ltd
• Kareo, Inc.
• AdvancedMD, Inc.
• Digitech Computer LLC
• Intermedix (R1 RCM)
• Wittman Enterprises, LLC
• Traumasoft
• ZOLL Medical Corporation

Key Attributes:

Report Attribute	Details
No. of Pages	140
Forecast Period	2023 - 2030
Estimated Market Value (USD) in 2023	$455.26 Million
Forecasted Market Value (USD) by 2030	$814.58 Million
Compound Annual Growth Rate	8.7%
Regions Covered	United States

Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Information Procurement
1.5. Information or Data Analysis
1.6. Market Formulation & Data Visualization
1.7. Model Details
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 Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Trends and Outlook
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Outsourced billing services maximize revenue
3.3.1.2. Technology driven solutions improve efficiency
3.3.1.3. Enhanced accuracy of EMS billing records
3.3.1.4. Improved error & data validation with reduced processing time
3.3.1.5. Growing collaboration with healthcare technology companies
3.3.2. Market Restraint Analysis
3.3.2.1. Cybersecurity threat for EMS billing software
3.3.2.2. Biased outcomes from in-house billing
3.4. Regulatory Framework
3.5. Business Environment Analysis Tools
3.5.1. Porter's Five Forces Analysis
3.5.2. PESTEL Analysis
Chapter 4. U.S. EMS Billing Software Market: Component Estimates & Trend Analysis
4.1. U.S. EMS Billing Software Market: Component Segment Dashboard
4.2. Component Movement & Market Share Analysis, 2023 & 2030
4.3. U.S. EMS Billing Software Market Size & Forecast and Forecasts, By Component, 2018 - 2030 (USD Million)
4.4. In-House
4.5. Outsourced
Chapter 5. U.S. EMS Billing Software Market: Type Estimates & Trend Analysis
5.1. U.S. EMS Billing Software Market: Type Segment Dashboard
5.2. Type Movement & Market Share Analysis, 2023 & 2030
5.3. U.S. EMS Billing Software Market Size & Forecast and Forecasts, By Type (USD Million)
5.4. Land Ambulance Services
5.5. Air Ambulance Services
5.6. Water Ambulance Services
Chapter 6. Competitive Landscape
6.1. Participant's overview
6.2. Financial Performance
6.3. Product/service Benchmarking
6.4. Company Categorization
6.5. Company Market Position Analysis
6.6. Strategy Mapping
6.6.1. Expansion
6.6.2. Acquisition
6.6.3. Collaborations
6.6.4. Others
6.7. Company Profiles/Listing

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• U.S. Emergency Medical Services Billing Software Market

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