What is Revenue Cycle Management (RCM)?
Revenue Cycle Management involves all the processes needed to follow the episodes of care of the patients, all the way starting with the initial contact of the patient to the end when the full payment of the services is settled. It entails a number of main elements each of which is important in ensuring financial wellbeing of a medical practice. RCM assists healthcare providers in getting through insurances claims, denials, and collections by focusing on efficiency, accuracy, and compliance.










