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IMPORTANCE OF RCM IN HEALTHCARE INDUSTRY

12h Dec 2018 Estimated reading time : 7 Minutes IMPORTANCE OF RCM IN HEALTHCARE INDUSTRY What is RCM? Revenue-cycle management (RCM) can be defined as the process of handling claims, processing payment and generating revenue in the healthcare industry. Itis about how an organization handles finances and processes associated withdifferent steps of patient care, beginning from the time when…