Healthcare revenue cycle management (RCM) is the process of managing the financial aspects of healthcare services, from patient registration and appointment scheduling to the final payment collection. By optimizing each stage of the revenue cycle management in medical...
Healthcare providers face unique challenges when it comes to managing their revenue cycle. From billing and claims processing to payment collection and patient communication, there are numerous stages to manage and keep track of. That’s why many providers are...
Healthcare policies and reforms are ever-changing, so it is important to keep up with this changing landscape with effective RCM (Revenue Cycle Management) strategies. Medical practices need to streamline their administrative operations so that financial outcomes can...
An increasing number of healthcare organizations have moved from in-house medical billing or revenue cycle management (RCM) to medical billing outsourcing. Technological advancements and changing government regulations are the key factors driving the trend to seek...
Medical coding is a key component of revenue cycle management (RCM). It involves translating patient health information from physician’s notes, diagnoses, and procedures into universal alphanumeric CPT, HCPCS and ICD-10 codes. Accurate medical coding is...
