How Medical Coders Contribute to Healthcare Revenue Cycle Management (RCM)
In today’s healthcare landscape, accurate and efficient Revenue Cycle Management (RCM) is essential for the financial health of hospitals, clinics, and other medical organizations. At the heart of this process lies a critical yet often underappreciated role— medical coders . Their expertise ensures that clinical services are translated into standardized codes, directly influencing timely reimbursements, compliance, and overall revenue flow. Know More Understanding Revenue Cycle Management (RCM) Revenue Cycle Management refers to the financial process healthcare facilities use to manage the entire patient journey—from appointment scheduling and registration to billing and final payment. The ultimate goal of RCM is to maximize revenue while maintaining compliance with regulations. The process involves multiple steps, such as: Patient registration and eligibility verification Clinical documentation Medical coding Claim submission Payment posting Denial managemen...