Supercharging RCM
In times of market stress, cash is critical–and aggressive cash management becomes even more important (see;Change Takes Cash;and;Successfully Managing Through Chaos: An;OPEN MINDS;Health & Human Service Executive Guide).;Revenue cycle management (RCM) is a critical component of those cash management initiatives.;
Concerns about health plan collections are increasing the focus on revenue cycle management, particularly an increased rate of health plan claims denials. That was a key takeaway from a recent survey of health system executives from across the country, 2023 State Of Healthcare Performance Improvement Report . . .