How to overcome RCM Staffing Challenges through Automation
August 1, 2023 ⚊ 1 Min read ⚊ Views 48 ⚊ TECHNOLOGY
Explore how automation revolutionizes the Revenue Cycle Management landscape, empowering your team to conquer challenges and achieve peak efficiency
Revenue Cycle Management (RCM) is a critical component of the healthcare industry. It includes the processes of managing patient revenue, billing, and coding. Thus, the RCM departments are responsible for the financial health of the organization. Hospitals and healthcare organizations must maintain accuracy and timeliness in all aspects of patient care—from registration to billing and insurance follow-up—to avoid problems with cash flow. Yet, the healthcare sector is experiencing acute staffing shortages because there aren’t enough people available for these jobs. Lack of staffing in this domain influences the organization’s bottom line and patient experience.
