Managing the financial aspects of patient care is known as revenue cycle management (RCM). It is a crucial part of the healthcare sector. RCM aims to make sure that healthcare providers are promptly and effectively compensated for the services they render. Patient registration, appointment scheduling, claims submission, payment processing, and patient billing are just a […]
Healthcare Fraud, According to NHCAA financial loss due to healthcare fraud is billions of dollars. Approximately 3% of total health care expenditures, while some government and law enforcement agencies place the loss as high as 10% of our annual health outlay. Fraud in Revenue Cycle Management (RCM fraud) is a significant concern for healthcare providers […]