
Glossary
Revenue Cycle Management Glossary
A curated collection of terms that bridge the realms of blank.
Financial management
Revenue Cycle Management (RCM)
Revenue Cycle Management (RCM) is the entire end-to-end financial workflow that tracks a patient encounter from scheduling, payer authorization, and through to payment. It is the financial and revenue collection engine of a healthcare organization, connecting clinical service delivery with financial realization.
RCM encompasses every administrative and clinical function related to the billing and collections, transforming patient care into financial viability. Read this study to learn more about the role that RCM plays for clinical practices.