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Understanding the Key Components of Effective Revenue Cycle Management in Modern Medical Practices
Revenue Cycle Management (RCM) is essential in healthcare administration. It involves tracking patient care from registration and appointment scheduling to payment completion. In the United States, effective RCM is important for financial stability, patient satisfaction, and regulatory compliance. As healthcare evolves, medical practice administrators, owners, and IT managers need to know the main components of […]...
31 Oct 2024