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Revenue cycle management (RCM) is a crucial element in running a successful medical practice. RCM is the financial process used to track patients’ care journey right from when they first initiate contact with the practice to the final payment due for services rendered. To ensure the financial health of your practice, it is important to
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10 Best Practices for Healthcare Revenue Cycle Management
As a healthcare provider, your focus should be caring for your patients and delivering positive patient outcomes. However, it is also essential to acknowledge that effective revenue cycle management is crucial to running a successful hospital practice or healthcare organization. Revenue cycle management (RCM) is a process of handling all the financial aspects of a
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