In this whitepaper, we will discuss the importance of Revenue Cycle management (RCM) for healthcare organizations and how the use of Hyperautomation, when employed strategically can efficiently automate the process to streamline operations.
Revenue Cycle Management (RCM) in healthcare focuses on aligning and managing all administrative and clinical functions involved in the care delivery process of patients. From patient registration to payment and claims processing, RCM encompasses everything concerning revenue generation. An optimized revenue cycle management ensures the survival and sustainability of provider organizations. It is an end-to-end process that consists of a complete journey from a patient encounter with a physician to claim remittance.