Revenue cycle management (RCM) is a critical process for both patients and medical establishments, as it involves the management of financial transactions in the healthcare industry. For Patients:  1) RCM ensures accurate and timely billing for the services received, which helps avoid confusion or disputes about the cost of care.  2) RCM helps...

The healthcare industry is heavily regulated, with numerous government agencies ensuring that hospitals follow the required standards and procedures. Healthcare revenue cycle management is one of the most critical components of running a healthcare institution, and automating it can help you grow income and enhance patient happiness. If you're not sure why you should automate...

It is commonly said that digital healthcare is the future of the medical sector and it has indeed revolutionized healthcare like never before. It has improved the efficiency of the field of medical healthcare by leaps and bounds, and in more recent times, it has truly been a boon in containing infections and developing better...

The pandemic has transformed the healthcare sector and digital health has emerged as the need of the hour. This has given the much-needed push to the medical sector to upgrade itself in accordance with the latest digital healthcare technology, in order to cater to the rising demand for quality personalized intelligent care. With the introduction...

The 2020 pandemic was a wake-up call for the entire medical sector and in the wake of it, there has been a steady rise in the number of medical facilities that have adopted digital healthcare solutions for their business. Medical institutions that were facilitated with quality digital health technology and services were clearly better equipped...

The Covid 19 pandemic has brought to the forefront, the crucial need for the healthcare sector to be equipped better to handle such a mass emergency situation. In the wake of this need, it is high time that the medical sector invests in quality healthcare technology, that streamlines the administrative and clerical functioning of an...

The global pandemic has opened our eyes to the immense need for the healthcare industry to be better equipped to deal with emergencies and mass healthcare needs. In the light of this scenario, managed IT services for healthcare are the future of the healthcare business. Over the last decade digitization of Patient Health Information (PHI)...

In this day and age, medical and healthcare IT services have started using revenue cycle management concepts like never before. It is a must to have a billing department which is efficient, or else one would lose out a lot of money in payer reimbursements, or even patient payments and more. Therefore, for healthcare IT...

There are many factors which are taken into consideration when running a medical practice successfully- Revenue Cycle Management being one of them. When it comes to healthcare, RCM or revenue cycle management ensures that healthcare services are proper and prompt; both for the provider and the patient as well. What is revenue cycle management? Exactly...

Revenue Cycle Management (RCM) is the process of identification, collection and management of a healthcare institution’s finances, with the use of medical billing software. Right from billing to the collection, as well as expenditure and payments, all the revenue and associated transactions, are recorded and handled in one single accessible database. A robust RCM process...