Archive for the
‘Revenue Cycle Management’ Category

The concept of healthcare revenue cycle management is largely used by a majority of the hospitals or clinics for successfully managing all the administrative/clinical data. RCM also called ‘revenue cycle management’ is a procedure through which the healthcare practices can streamline the overall medical billing facilities, right from scheduling patient’s appointment to the final payment. [...]
Revenue Cycle Management (RCM) is facing a transition phase with the increase in patients, by taking cash from hand, and due to the bad debt write-offs within the medical practices. To get ahead of the curve, many practices start to explore health care technology solutions that provide better financial performance insights. In the year 2021, [...]