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How does medical coding affect RCM for New York healthcare providers?
Medical coding is often referred to as the lifeblood of Revenue Cycle Management (RCM). For healthcare providers in New York, where compliance regulations are rigorous, medical coding and Revenue Cycle Management go hand in hand. Accurate coding can mean the difference between financial health and operational struggles, emphasizing its critical role in efficient RCM. Key Takeaways Accuracy in Medical Coding: Essential for reducing claim denials and ensuring faster reimbursements. Compliance: Adhering to New York’s stringent billing regulations protects providers from