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A uae based company providing innovative revenue cycle management rcm services and solutions to healthcare providers payers and government healthcare bodies in compliance with dha doh and moh guidelines.
Revenue cycle management in us healthcare. Revenue cycle management is a time consuming and resource intensive initiative so connecting with a management solutions partner can be extremely helpful in getting programs up and running quickly and effectively. Revenue cycle management in the us healthcare is the financial process which utilizes medical billing software to track patient care information from appointment schedule to the insurance payment or patient payment of a balance. Revenue cycle management is the process used by healthcare systems in the united states and all over the world to track the revenue from patients from their initial appointment or encounter with the healthcare system to their final payment of balance. This process or the revenue cycle begins when a patient calls a healthcare service provider to make an appointment and concludes when the payment for the service hits the service provider s accounts.
Revenue cycle management rcm is the process in which healthcare facilities and practices manage the entire billing lifecycle of the patient from patient scheduling and registration to final payment. Revenue cycle management rcm is the financial process utilizing medical billing software that healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. About us exelcius practice management dmcc. Contact us to learn more.
The cycle can be defined as all administrative and clinical functions that contribute to the capture management and collection of patient service revenue it is a cycle that describes and explains the life cycle of a patient through a typical. It helps healthcare companies manage the complexities of merging their financial and clinical responsibilities by providing a uniform platform where they can get paid for the care they provide. We are a team of qualified and certified professionals with local and international experience. Increasing technological advancement coupled with rising healthcare spending is the key factors driving for the growth of healthcare revenue cycle management market.
Revenue cycle management rcm is a process used in the healthcare industry to track patient revenue from the scheduling of an appointment to the final payment of all balances. Scp health now offers management solutions explicitly focused on revenue cycle management. The process encompasses the identification management and collection of patient service revenue.
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