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Why is Revenue Cycle Management Important? | HugeCount

In the ever-evolving landscape of healthcare, the financial health of medical practices and healthcare organizations is paramount. One crucial aspect of maintaining this financial health is effective revenue cycle management (RCM). RCM encompasses a series of processes and tools that healthcare providers use to track patient care episodes from registration and appointment scheduling through to final payment. It plays a pivotal role in ensuring the financial stability and sustainability of healthcare institutions, and in this article, we will delve into the importance of revenue cycle management. Revenue Cycle Management Important Financial Stability: Financial stability is the lifeblood of any healthcare […]

Source: https://hugecount.com/health/why-is-revenue-cycle-management-important/

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