healthcare billing errors

The Role of Coding and Billing in Healthcare Revenue Cycle Management

Healthcare revenue cycle management (RCM) is a critical process that ensures healthcare organizations are paid for the services they provide. This comprehensive system encompasses the entire lifecycle of a patient’s encounter with the healthcare system from the initial appointment to the final payment. Central to RCM are two key components: coding and billing. These functions are fundamental in ensuring that healthcare providers receive accurate and timely reimbursement from insurers and patients. Let’s explore the roles of coding and billing in