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Exploring the Vital Role of Revenue Cycle Management in Enhancing Patient Revenue from Entry to Payment
RCM consists of various processes that manage patient revenue from the initial point of service to payment collection. These include pre-registration, appointment scheduling, insurance verification, charge capture, claim submission, remittance processing, denial management, and patient collections. Each step is important for helping healthcare organizations operate efficiently and avoid financial losses. Key Phases of Revenue Cycle […]...
31 Oct 2024