Revenue cycle management (RCM) is the process used by healthcare systems in the United States and other countries to track the revenue from patients, from their initial appointment or encounter with the healthcare system to final payment of a balance. It is a normal part of health administration in some countries.
Revenue cycle management (RCM) is the process used by healthcare systems in the United States and other countries to track the revenue from patients, from their initial appointment or encounter with the healthcare system to final payment of a balance. It is a normal part of health administration in some countries.
Source: Wikipedia "Revenue cycle management" · CC BY-SA 4.0
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