Revenue cycle management (RCM) is the method of identifying, collecting, and managing a medical practice, a hospital, or clinic’s payments from patients or insurance companies. Errors in revenue cycle management can lead to the healthcare provider receiving delayed payments or no payment at all. Because the revenue cycle process is complex and subject to regulatory oversight, healthcare providers can turn over their revenue cycle management to Healthcare BPO companies that handle this complex process 24/7 with specialized experts and proprietary technologies to manage healthcare provider revenue cycles.
The revenue cycle management process provided by Rely Services can help healthcare providers maintain an uninterrupted cash flow, avoid any delay in payments, minimize the instances of denied and rejected claims, and increase the amount of income recovered in the billing processes.
Using Rely Services as your outsource Revenue Cycle Management Services partner will save you more than time and money. Since we are relentlessly refining our business methods, our constant pursuit of perfection will benefit your operational practices.