As the complexity of the healthcare revenue cycle exploded over the past several decades, the sophistication of RCM (revenue cycle management tools) and services increased on a parallel path to keep pace.
This tandem upward spiral convinced many practices they simply didn’t have the desire or resources to be RCM experts. Instead, they turned to outside specialized suppliers (medical billing services) and tools to fill that role in their practices.
For these groups, the bet paid off wonderfully. Through outsourced billing and RCM arrangements, they stayed current and compliant with the myriad new regulations being released, and achieved improved profitability and patient satisfaction in the evolving healthcare delivery landscape.