Healthcare IT Today June 29, 2023
Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. When things are simple and easy to pay for, patients are happy, the staff is happy, and you are most definitely happy. But if any part is misaligned, the whole sculpture can be disformed or even fall apart. So how do we improve? How do we make our sculpture be more realistic? The key lies in optimization. We need to be looking for areas that...