REVENUE CYCLE MANAGEMENT FUN FACT

Dec 22, 20151. Soaring market growth. The revenue cycle management market, valued at nearly $18.3 billion in 2014, is expected to soar to $32.2 billion by ⁽¹⁾ …

With revenue cycle management’s emphasis on accurate data collection, billing, and coding, providers are much less likely to submit inaccurate information (if ⁽²⁾ …

5 Benefits of Revenue Cycle Management | PayrHealth

Successful revenue cycle management puts a heightened focus on accurately completing front-end tasks to ensure claims are paid the first time they’re submitted.⁽³⁾ …

Revenue cycle management (RCM) is the financial process, utilizing medical billing software, that healthcare facilities use to track patient care episodes ⁽⁴⁾ …

What Is Revenue Cycle Management? (And Why It’s More …

Younger: RCM refers to any process healthcare organizations use to track patient interactions from registration through payment. The revenue cycle encompasses ⁽⁵⁾ …

Sep 14, 2018In fact, according to data gathered from an R1 RCM earnings report, a typical $3 billion health system can expect a $100 million income ⁽⁶⁾ …

Apr 2, 2015When it comes to your revenue cycle management, special attention must be paid to this most important part of the financial element of your ⁽⁷⁾ …