Mastering Revenue Cycle Management in Medical Billing
Revenue cycle management in medical billing encompasses the entire lifecycle of a patient's account, from scheduling appointments to receiving payments. It involves a series of interconnected processes, including patient registration, insurance verification, claims submission, coding, billing, and payment collection. The goal of revenue cycle management is to optimize each stage of the process to maximize revenue, minimize claim denials, and improve cash flow for healthcare providers.
16 views • 2 slides