<a href="https://asprcmsolutions.com/solutions/revenue-cycle-management-services/">Revenue Cycle Management</a>
In the healthcare industry, financial stability and efficiency are essential for providing quality patient care. One of the critical processes that ensure a healthcare provider’s financial health is Revenue Cycle Management (RCM). RCM services involve the management of all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. It begins the moment a patient schedules an appointment and continues until the healthcare organization receives full payment for the services rendered. Effective RCM is the backbone of a successful healthcare practice or hospital.
