Master Revenue Cycle Management (RCM) from Scratch
What Is RCM and Why Does It Matter?
Introduce the concept of RCM and its significance in healthcare.
Revenue Cycle Management is the process healthcare providers use to track patient care from scheduling appointments to the final payment.
- Ensures healthcare providers are reimbursed for services.
- Minimizes billing errors and payment delays.
- Helps patients understand their financial responsibilities.
- A poorly managed RCM system leads to surprise bills and financial stress for patients.
- Efficient RCM ensures transparency and better patient experiences