Health coverage plans across the U.S. have always been the savior for preventing unanticipated fiscal burdens that make you a victim of the rising medical costs. This is no different when it comes to our American Indian and Alaska Natives (AI/AN). But one thing that sets them apart from the rest and gives them an edge in health coverage is the unique set of initiatives by the Indian Health Service (IHS).
Today, the healthcare industry is not just about physicians, surgeons, and allied healthcare staff. With the world being synced with information technology, it has become crucially important to professionally manage, organize, and analyze the enormous amounts of data that is generated daily in any healthcare setting – whether it is a physicians’ practice or a large hospital.
Revenue Cycle Management, or RCM as it is commonly called, is a multi-step process that is important in any healthcare organization. From the time a patient checks in for any kind of appointment to the time that the last bill is settled, the entire process plays a crucial role in the financial health and management of your organization, whether it is a small clinic or a large hospital.