The Increasing Need For Specialized Rcm In Healthcare Today

April 6, 2023 ⚊ 1 Min read ⚊ Views 52 ⚊ BUSINESS

According to CAQH 2016, manual billing systems must improve in the revenue cycle to eat up to 15 cents of every dollar earned. Denials, poor negotiations, and underpayments cause healthcare practices to lose 5–12% of their revenue. Fortunately, increased awareness has led to a growing understanding among healthcare professionals of the benefits of implementing cutting-edge RCM solutions in their operations. To innovate and streamline revenues, they determine the value RCM systems provide.

Read details: https://ai-techpark.com/the-increasing-need-for-specialized-rcm-in-healthcare-today/

Tags: EHR, EHR SYSTEM, healthcare industry, MEDICAL BILLING

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