RCM As Sustainability Strategy

Revenue cycle management companies (RCM) in the health care space are ‘hot.’ RCM is defined as a process that integrates the management of payment models, reimbursement guidelines, and third-party payer coding to streamline collection workflows. Demand for RCM services is on the increase.

The U.S. revenue cycle management (RCM) market size had a value of $140.4 billion in 2022 (almost the size of the U.S. automobile industry) and is expected to expand over the next decade with a compound annual growth rate of over 10% (see U.S. Revenue Cycle Management Market Size, Share & Trends . . .