10 Revenue Cycle Management Resources to Level Up Your Skills
June 06, 2023
Revenue Cycle Management (RCM) is an important process for healthcare providers, as it is the primary means of collecting payment for services rendered. It is a complex system of activities that starts when a patient presents for care, and ends when the provider receives payment from the payer. To improve their RCM process, healthcare providers need to stay up to date on the latest technology, techniques, and trends. Here are 10 RCM resources to help level up your skills:
- Healthcare Financial Management Association (HFMA): The HFMA is a leading membership organization for healthcare finance professionals. They provide a variety of educational resources, including webinars, podcasts, and e-books, to help healthcare organizations improve their RCM processes.
- American Hospital Association (AHA): The AHA is a national organization that represents more than 5,000 hospitals, health systems, and other healthcare providers. They offer a variety of resources to help healthcare providers with their RCM processes, including webinars, newsletters, and educational materials.
- RCM software: RCM software can often be used to automate certain tasks, such as claims processing and payment reconciliation. This can help to streamline the RCM process, as well as reduce errors and improve efficiency.
- The American Health Information Management Association (AHIMA): AHIMA is a professional organization for health information management professionals. They offer a variety of educational resources related to RCM, such as webinars, courses, and certifications.
- The Centers for Medicare and Medicaid Services (CMS): CMS is the government agency that administers the Medicare and Medicaid programs. They provide a variety of resources to help healthcare organizations manage their RCM processes, including webcasts, e-newsletters, and manuals.
- RCM Consultants: Consulting firms specializing in RCM can provide valuable advice and guidance on how to improve your organization's RCM process. They can also help develop and implement new systems and processes to ensure a more efficient RCM process.
- RCM Conferences: Conferences and seminars focusing on RCM can provide valuable insights and best practices for improving your RCM process. Attendees can also participate in networking opportunities, which can be beneficial for finding new solutions and partners.
- RCM Journals: Several peer-reviewed journals are dedicated to the topics of RCM and healthcare finance. These journals often provide in-depth articles on the latest research and best practices for improving RCM processes.
- RCM Podcasts: Podcasts can be a great way to stay up to date on the latest RCM trends and topics. There are several podcasts dedicated to RCM, as well as podcasts that discuss healthcare finance in general.
- Social Media: Social media is a great resource for staying up to date on the latest RCM trends and topics. Several Twitter accounts and Facebook pages are dedicated to RCM, and they provide valuable insights and information on a regular basis.
By using these 10 RCM resources, healthcare providers can stay up to date on the latest trends and technologies, and improve their RCM processes. By leveraging these resources, healthcare providers can ensure they have the most efficient and effective RCM process possible.