Revenue Cycle Management (RCM) is a term used to describe the process of managing the billing and financial activities of a business. It includes tracking patient information, coding and pricing services provided, processing insurance claims, collecting payments from patients and third-party payers, managing denials and appeals, generating reports for management analysis, and more. RCM streamlines this process by automating many of these activities to help healthcare organizations optimize their revenue from patient care. This technology helps provide accurate billing records and timely reimbursements while ensuring compliance with relevant regulations. By leveraging RCM solutions, healthcare providers can improve operational efficiency while minimizing costs associated with manual processes. Overall, Revenue Cycle Management helps reduce administrative overhead while ensuring that all payment cycles remain efficient and accurate.