Definition of Revenue Cycle Management. That for-profit enterprises need consumer revenue to thrive marks a sentiment best characterized as "blindingly obvious." Yet many companies look at the ...

For these reasons, revenue cycle management teams monitor and support the collection of cash receipts. In particular, teams perform several actions to ensure the cycle functions properly.

The revenue cycle is truly a “cycle” - each step feeds the other and the success, and efficiency of each step depends on other steps. When full payment for a service has been received and ...

Since outsourcing its revenue cycle management processes, Hutchinson Clinic has seen a reduction in accounts receivable days from 38 days to 33 days, thus shortening the time it receives payments ...

Revenue Cycle Management Systems – 6 Factors What to look for First, take it as read that an efficient RCM process needs to be automated; 92% of hospital CFOs and revenue cycle leaders agree ...

Taking a holistic approach to your revenue cycle with end-to-end RCM can improve the entire workings of your organization while empowering teams to work better—and to work better together.

Waystar plans to acquire AI-driven revenue cycle management company Iodine Software, its first acquisition since going public last year. | Waystar plans to acquire AI-driven revenue cycle management ...

What’s the secret to Ignite's revenue management success? It’s more of a “who,” in the form of Emily Kopsias, senior vice ...

The ability to develop revenue cycle management that can succeed in this environment requires that all components of the system, especially physicians, are thoroughly integrated into the process.

Susan Gurzynski-Wells, director of product management at HealthStream, joins this episode of Healthcare Insider to discuss the urgent need for AI in revenue cycle management – and how RCM ...