In the healthcare world, proper and efficient revenue cycle management can provide your organization with the best workflow and processes to increase payments. It is crucial to the financial health of your business to manage your office’s claims process, payment, and revenue generation. By incorporating Revenue Cycle Management, or RCM, your healthcare organization can keep tabs on the claims process to ensure that you are not losing money or writing off bad debt. Patient billing can be a hassle for any office. Trying to coordinate patient eligibility, co-payment collection, medical coding, claims management, bill collection, and denied claims can be…
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