Archives for January 2022

Revenue cycle management (RCM) isn’t as simple as claim out and money in. As a healthcare organization, you deal with the complexities of increased regulation, coding requirements, managing claims, value-based reimbursement, and skyrocketing patient financial responsibilities. All of these play a role in the effectiveness of your RCM and ultimately the financial health of your …

In medical practices, the terms Revenue Cycle Management and Billing Cycle Management are often used interchangeably. However, RCM is generally accepted as a more comprehensive view of all of the procedures that encompass the entire revenue lifecycle from patient registration to final payment. RCM unifies the business and clinical sides of healthcare. The effectiveness of …