Breezy Billing

What is the RCM in medical billing? RCM stands for  Revenue Cycle Management  in medical billing. It’s the process of managing the financial aspects of healthcare organizations related to patient care. RCM involves tracking patient care episodes from registration and appointment scheduling to the final payment of a balance. It includes: Patient Registration:  Gathering and entering patient information into the system. Insurance Verification:  Verifying patient insurance coverage and eligibility. Coding:  Assigning appropriate medical codes to diagnoses and procedures for billing. Billing:  Generating and sending bills or claims to insurance companies or patients. Claims Processing:  Managing claims, ensuring they comply with regulations and are accurately submitted. Payment Posting:  Recording payments received and reconciling accounts. Denial Management:  Addressing and appealing claim denials from insurance companies. Reporting and Analysis...