RCM: Can Partnerships Also Include Outsourcing?
RCM, which stands for “revenue cycle management,” is the procedure a healthcare institution goes through to submit and receive reimbursement for medical services. This procedure consists of a pre-visit (verifying patient eligibility and insurance coverage), patient check-in. Charge capture, entry, claims processing and assembly, claims submission. Payment posting, claims follow-up, and patient collections. It is […]