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Exploring the Essential Elements of Revenue Cycle Management in Healthcare Organizations for Enhanced Financial Performance
Revenue cycle management refers to the financial processes that healthcare organizations implement to track patient care episodes, from registration to payment. This includes billing, collections, coding, and claims management, which are essential for the financial health of healthcare institutions. RCM consists of front-end, mid-cycle, and back-end processes, each playing a specific role in maintaining cash […]...
24 Oct 2024