What is Revenue Cycle Management?

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Learn More About How Leading Healthcare Systems Track Patient Revenue in Specialty Healthcare.

Overview of Revenue Cycle Management

Revenue cycle management is the system through which a healthcare organization records the revenue they receive from patients and their insurance companies. This includes the entire process from the patient’s initial appointment to receiving payment on the final bill.

This can be a complicated process as patients often share the cost of care with insurance companies, and they may need care that can last many months or even years. It is also highly regulated, which means the healthcare provider is responsible for ensuring they adhere to all legal guidelines. 

That is why it is so important to have a solid system in place to ensure your specialty healthcare organization is being fairly compensated for the life-saving services you provide. 

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Challenges of Revenue Cycle Management in Specialty Healthcare

Specialty healthcare organizations face unique challenges when it comes to RCM. Certain services may not be covered or may only be partially covered by insurance. Healthcare providers may need to get prior approval before providing service. You may also need to work with various specialists to provide care, and it can be challenging to ensure that all providers are being compensated properly.

Benefits of Revenue Cycle Management Software

When you are in specialty healthcare, having the right software can make your job a lot more efficient. RCM programs are designed to improve cash flow and revenue and increase point-of-service collection.

RCM software can also help your administrative team submit and track more clean claims to insurance companies, understand why a claim was denied, determine patient responsibility, and more. It can also save your staff time, allowing them to get more done. 

How to Get Our Revenue Cycle Management Software 

Step 1: Request a Demo

We’ll show you and your staff how easy it is to use our intuitive RCM software. Feel free to ask any questions and try it out for yourself. 

Step 2: Get Our Exclusive Software

When you get our RCM software, you enjoy the support of a leader in the billing technology field. Our software is scalable, secure, and can grow with your business. 

Step 3: Improve Your Cash Flow

When you invest in the right technology, you make it easy for your billing department to do their job with ease. Give us a call to get started. 

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Why Choose Unlimited Systems?

Unlimited Systems has been a leading healthcare software solution provider for almost twenty years. Our revenue cycle management software has a 93% clean claims rate, a 90% success rate for point-of-service collections, and improves staff efficiency by 35%. 

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How Much Does It Cost?

Our RCM software is an excellent investment into the efficiency of your healthcare organization. Give us a call to find out how affordable it can be.

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Get More Efficient Revenue Cycle Management Today

If you are ready to improve the efficiency of your billing department, give us a call. We’ll be happy to tell you more about our RCM software and other healthcare solutions. 

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