Revenue Cycle Management (RCM) in Medical Billing

Description

Do you know that you can help health care organizations identify inefficiencies, optimize processes, reduce denials, and increase revenues? The key to all these things is to master Revenue Cycle Management (RCM).

Our Accredited Revenue Cycle Management Course walks you through all the steps in revenue cycle management. Revenue cycle management is a way for healthcare providers to manage their administrative and clinical functions. With proper RCM, care providers can maximize their claim reimbursements, improve their medical billing process and increase their patient service revenue.

This course teaches you the 16 steps to revenue cycle management for effective medical billing. We'll teach you everything you need to know about pre-registration and insurance verification. You will also get a basic understanding of medical coding, charge entry and claim submission.

In addition, you'll learn about account receivable, denial management, and medical billing reporting best practices. If you are looking for a quick and effective guide to revenue cycle management, then this course may be the one for you.

Don't miss this chance to become a revenue cycle management expert. Earn an accredited certificate and enjoy lifetime access by enrolling today.

This course comes with the following Sections:

1. Introduction to Revenue Cycle Management (RCM) in Healthcare : You will learn the basics of revenue cycle management in medical billing including the steps involved and knowledge requirement to become an expert in RCM.

2. Pre-Registration and Insurance Verification: We will show you how to explain and clarify financial transactions, including the steps involved in the pre-registration and insurance verification process.

3. Medical Coding, Charge Entry and Claim Submission: This section will teach you medical coding standards and systems, charge entry and claim submission to ensure accurate medical billing, reimbursement, and financial operations.

4. Introduction to CPT Coding: Learn the basics of CPT coding, its history, and its critical role in healthcare for accurate documentation, billing, and reimbursement processes.

5. Structure of CPT Codes: Understand the categories, format, symbols, and modifiers of CPT codes to accurately interpret and use them in medical billing and coding.

6. Accounts Receivable (A/R) and A/R Follow-up : We will cover accounts receivable (A/R) process, best practices and challenges in medical billing. You will also learn how to reduce A/R days and automate process from this RCM course.

7. Denial Management and Reporting in RCM: You will learn the strategic process of analysing, correcting, and preventing claim denials. We will also teach revenue reporting process metrics in revenue cycle management (RCM).

Who this course is for:

• RCM specialists and medical billing experts aiming to update their skills with the latest practices and technologies in the field.
• Healthcare professionals seeking to expand their knowledge in revenue cycle management and enhance their skills in medical billing.
• Finance and accounting professionals in the healthcare sector looking to deepen their understanding of medical billing processes.
• Health administrators and managers responsible for overseeing the financial operations of healthcare facilities.
• Healthcare students and recent graduates aiming to establish a career in medical billing or RCM.
• Individuals aspiring to work in hospitals, medical billing companies, or any healthcare facility, seeking a comprehensive understanding of RCM.
• Career changers or individuals from non-medical backgrounds who have a keen interest in the healthcare industry, particularly in the financial and billing aspects.