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Revenue Cycle Management is the process used by healthcare systems in the United States to track the revenue from their patients from their initial appointment or encounter with the healthcare system to their final payment of balance. The cycle can be defined as, "all administrative and clinical functions that contribute to the capture, management, and collection of patient service.


Revenue Cycle Management

The Revenue Cycle Management process begins when a patient schedules an appointment and it ends when the healthcare provider has accepted all payments.[2] Errors in Revenue Cycle Management can lead to the healthcare provider receiving delayed payments or no payment at all. Because the revenue cycle process is complex and subject to regulatory oversight, healthcare providers can turn over their Revenue Cycle Management to companies

Medical billing is getting increasingly more complicated, especially as medical code guidelines are making the switch from ICD-9 to ICD-10. Proper Revenue Cycle Management ensures that billing errors are reduced so that reimbursements from the insurance companies are maximized.



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The Revenue Cycle Management process begins when a patient schedules an appointment and it ends when the healthcare provider has accepted all payments.[2] Errors in Revenue