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Understanding the Challenges in Healthcare Revenue Cycle Management: Navigating Billing Complexity and Evolving Regulatory Environments
Revenue Cycle Management (RCM) is a financial process that involves billing, tracking, and collecting payments from patients and insurance companies within healthcare institutions. RCM includes activities from patient registration to payment collection. It is a critical aspect of medical practice operations across the United States. However, RCM faces many challenges, mainly due to billing complexities, […]...
18 Oct 2024