Revenue Cycle Management (RCM) Services: Enhancing Financial Health and Operational Efficiency in He
August 4, 2023 ⚊ 1 Min read ⚊ Views 44 ⚊ BLOG
Revenue Cycle Management (RCM) services refer to the process of managing and optimizing the financial aspects of a healthcare organization’s operations, specifically related to patient care revenue. RCM encompasses various tasks and activities that involve the financial lifecycle of a patient’s interaction with a healthcare provider, from appointment scheduling and registration to insurance verification, medical billing, and payment collection. The primary goal of RCM is to streamline and maximize revenue collection while ensuring compliance with relevant regulations.
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