Revenue Cycle Management (RCM) in Medical Billing 2024

 

Pre Registration | Insurance Verification | Charge Entry | Claim Submission | A/R | Denial Management | Reporting (RCM) Revenue Cycle Management (RCM) in Medical Billing 2024

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What you'll learn

• You will gain an understanding of the 16 steps involved in Revenue Cycle Management in Healthcare.
• You’ll learn how to explain and clear up financial transactions in medical billing, including pre-registration and insurance verification.
• You will Learn what makes up a high performance pre-registration unit and what information is needed during patient registration.
• You will discover how to verify a patient's insurance coverage and the financial responsibility of the patient in medical billing.
• You’ll learn about the three categories of CPT along with an overview of ICD-10-CM and HCPS.
• You will discover the definition, five step process, and best practices for charging in medical billing.
• You will learn what is included in a medical claim, how to submit a claim in 4 steps, and what happens after submission.
• You’ll Know about the KPIs that needs to be tracked to maintain healthy accounts in medical billing.
• You will learn how to improve the efficiency of your A/R process by automation.
• You will discover the six steps of an effective denial management process, master best practices, and devise strategies to effectively manage denials.
• you will actively engage with supplemental materials, course notes, and quizzes in each section of thisto measure and enhance your understanding in RCM.
• You'll utilize the RCM Course audiobook provided in the resource section of each unit to deepen your understanding and complement your learning experience.
• You will receive tutor support & communicate with tutor through inbox.
• You will obtain a Certificate of Completion in Revenue Cycle Management (RCM) in Medical Billing 2024।

Requirements

• Basic computer literacy and strong organizational skills are necessary to manage complex billing cycles and adhere to deadlines.
• Open to all with no prior experience in medical billing or RCM; ideal for beginners eager to explore the field.

Do you know that you can help health care organizations identify inefficiencies, optimize processes, reduce denials, and increase revenues? The key to all these things is to master Revenue Cycle Management (RCM).

Our Accredited Revenue Cycle Management Course walks you through all the steps in revenue cycle management. Revenue cycle management is a way for healthcare providers to manage their administrative and clinical functions. With proper RCM, care providers can maximize their claim reimbursements, improve their medical billing process and increase their patient service revenue.

This course teaches you the 16 steps to revenue cycle management for effective medical billing. We'll teach you everything you need to know about pre-registration and insurance verification. You will also get a basic understanding of medical coding, charge entry and claim submission.

In addition, you'll learn about account receivable, denial management, and medical billing reporting best practices. If you are looking for a quick and effective guide to revenue cycle management, then this course may be the one for you.

Don't miss this chance to become a revenue cycle management expert. Earn an accredited certificate and enjoy lifetime access by enrolling today.

As a side note, this course is now fully accredited by the CPD! The certificate with the accredited logo can be obtained upon request. In any case, you will receive your official Udemy certificate of completion (since it is available for download immediately after the final lecture).

This course comes with the following Sections:

1. Introduction to Revenue Cycle Management (RCM) in Healthcare : You will learn the basics of revenue cycle management in medical billing including the steps involved and knowledge requirement to become an expert in RCM.
2. Pre-Registration and Insurance Verification: We will show you how to explain and clarify financial transactions, including the steps involved in the pre-registration and insurance verification process.
3. Medical Coding, Charge Entry and Claim Submission: This section will teach you medical coding standards and systems, charge entry and claim submission to ensure accurate medical billing, reimbursement, and financial operations.
4. Accounts Receivable (A/R) and A/R Follow-up : We will cover accounts receivable (A/R) process, best practices and challenges in medical billing. You will also learn how to reduce A/R days and automate process from this RCM course.
5. Denial Management and Reporting in RCM: You will learn the strategic process of analysing, correcting, and preventing claim denials. We will also teach revenue reporting process metrics in revenue cycle management (RCM).

Who this course is for:

• RCM specialists and medical billing experts aiming to update their skills with the latest practices and technologies in the field.
• Healthcare professionals seeking to expand their knowledge in revenue cycle management and enhance their skills in medical billing.
• Finance and accounting professionals in the healthcare sector looking to deepen their understanding of medical billing processes.
• Health administrators and managers responsible for overseeing the financial operations of healthcare facilities.
• Healthcare students and recent graduates aiming to establish a career in medical billing or RCM.
• Individuals aspiring to work in hospitals, medical billing companies, or any healthcare facility, seeking a comprehensive understanding of RCM.
• Career changers or individuals from non-medical backgrounds who have a keen interest in the healthcare industry, particularly in the financial and billing aspects.

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