Revenue Cycle Management and HME
Revenue cycle management (RCM) is a term that
gets you used a lot in healthcare business
management these days, and that includes in the
realm of home medical equipment (HME).
However, not all HME providers may be clear on what
RCM actually is, how it can benefit their businesses, and
the tools available to implement it. If you find yourself in
the camp where you might have those questions
hovering over your head, don’t worry. We talk to Sunil
Krishnan, the vice president of Revenue Cycle
Management for HME software company Brightree, as
well as Fadi Haddad, the director of Business Analytics
for Brightree, who take a deep dive into RCM, analytics,
and HME.
This Viewpoint will provide the answers to:
- What is RCM?
- How can it help providers better manage their businesses?
- How can providers shape performance metrics around their RCM?
- How can they measure and analyze their performance to improve their RCM?