Revenue cycle management. RCM
mohammed irshad
Revenue cycle management. RCM in Healthcare is the business process that enables organizations to be paid for providing services. There are 17 unique steps in the revenue cycle, which begins with patient scheduling and ends with payment reconciliation. We can view the revenue cycle in three different phases, One order to intake, two care to claim and three claim to payment. Here are the steps in the full revenue cycle presented within the three primary revenue cycle phases. Order to intake 1. Scheduling 2. Pre Registration three. Clearance four, Financial Counselling 5. Online In Person Arrival 6. Pre Service Payments Care to Claim Seven, Level of care 8. Case Management 9. Utilization Review 10. Charge Optimization 11. Coding 12. Acuity Capture Claim to Payment 13. Billing 14 Patient Payments 15 Denials Management 16 Customer Service 17 Reconciliation.