An Introduction To Revenue Cycle Management

Understanding the revenue cycle is an essential part of running a successful hospital. The numbers do not lie, and for some hospitals, there is just a slim margin between being in the red or black. Here’s what you need to know about revenue cycle management. What Is a Revenue Cycle? A revenue cycle is all activities related to creating and collecting customer payments for goods and services. It includes patient billing, collection, and payment processing, which can be incredibly complicated. Read More»