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.
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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.
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- A poorly managed RCM system leads to surprise bills and financial stress for patients.
- Efficient RCM ensures transparency and better patient experiences