What Is Revenue Cycle Management, and How Does It Benefit Health Organizations?

HealthTech December 23, 2021
Jordan Scott

Implementing automation and other technologies can make healthcare organizations’ revenue cycle management processes more efficient and accurate.

If you’re wondering what revenue cycle management is, it helps healthcare organizations maintain their financial health. RCM encompasses a patient’s entire financial journey in healthcare, from billing and collections to coding and provider enrollment.

Implementing technologies such as automation and digital patient intake forms can make the collection, processing and management of patient billing information more efficient and accurate.

What Are the Goals of Revenue Cycle Management in Healthcare?

Successful RCM does more than just help healthcare organizations; it also benefits patients. Richard Gundling, senior vice president of professional practice for the Healthcare Financial Management Association, says it’s important for everyone to be...

Today's Sponsors

Today's Sponsor