In the healthcare industry, revenue cycle management, or RCM for brief, is considered as essential since it allows for that the provider receives compensation for the services they offer. Despite this, the rising frequency of claim denials is one of the biggest challenges facing health care providers. The potential for lost revenue, cash flow, and […]
The Impact of Rising Denial Rates on RCM and How to Combat Them Read More »
The growing importance of Revenue Cycle Management (RCM) to operation success cannot be overstated in the rapidly changing healthcare environment. It is however pertinent noting that for healthcare providers, the overcoming concerns of billing and collecting payment is the rather unsophisticated aspect of revenue cycle management. RCM is thus a dual responsibility that helps healthcare
Revenue Cycle Management (RCM): The Backbone of Modern Healthcare Read More »
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