Revenue Cycle Management in Medical Billing: Maximizing Revenue and Efficiency

Revenue Cycle Management

In the healthcare industry, medical billing plays a vital role in managing the financial aspect of patient care. However, it can be a complex process, and revenue cycle management (RCM) is necessary to ensure a seamless and efficient revenue flow. RCM is a process that involves managing every step in the healthcare revenue cycle, from patient registration to claim submission and payment. In this article, we will explore the various aspects of revenue cycle management in medical billing and the strategies to optimize it. The first step in revenue cycle…