What Is Revenue Cycle Management in Healthcare
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In the healthcare industry, Revenue Cycle Management (RCM) is a critical process that ensures healthcare providers receive payment for services rendered to patients. It involves the financial management of patient care from the moment the patient makes an appointment, to the final payment for services rendered. RCM encompasses various steps, from patient registration and insurance verification to coding and billing, and eventually to collecting payment.
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What Is Revenue Cycle Management in Healthcare
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