Choosing the right revenue cycle management (RCM) solution for your practice is an important decision. In healthcare, RCM encompasses the entirety of the patient’s journey from scheduling the first appointment through patient billing. It also extends throughout the lifecycle of the patient’s relationship with your organization.
In most consumer-related RCM practices, the process is simplified. In healthcare, RCM involves the coordination of all the administrative and clinical functions of the practice. There are several options.
Some healthcare organizations hire in-house staff to manage the revenue cycle management process, while others outsource all or some parts of RCM. For organizations handling any of the RCM processes internally, finding the right software solution is integral to managing all of the moving parts effectively.
Read more: RCM in Healthcare