siliconindia | | MAY 20214One of the most pressing issues in the healthcare industry is revenue collection. Lawmakers keep a close eye on medi-cal billing and revenue collections of the sector. Legal ramifications and higher regulations in the industry make it difficult for healthcare providers to collect their dues properly. Ad-ditionally, many healthcare organizations use outdated technology to maintain their books. The combination of poor technology and the involvement of insurance providers further complicates the billing process.Revenue cycle management is undoubtedly the most important part of the healthcare sector's income. Estimates suggest that this in-dustry will grow by 12.4 percent until 2026. To sustain the organi-zation and avoid losses, let's understand revenue cycle management techniques in detail. This management cycle involves all the process-es related to the finances of the healthcare organization. It includes costs associated with each patient's care process from the beginning to the end. It starts with the patient's first encounter or the appoint-ment scheduling process and ends with collecting the amount for the provided services.Meanwhile, Healthcare costs are increasing with technology adoption in a time when an aging population is foreshadowing in-creased demand for care. Insurance and medical suppliers are placing an increased burden on patients and providers. Value-based health-care payment models are also reshaping how providers can approach revenue cycle management. In this edition of SI Healthcare, we bring forth a pressing yet often overlooked segment of a healthcare ecosystem. Since the realization, the RCM service providers for healthcare segment have genuinely catapulted healthcare providers finances helping them to focus on their more important and core competency.Doo let us know what you think. Emmanuel Christi DasEditoreditor@siliconindia.comHealthcare RCM can Catapult Healthcare Itself Vol 09 · Issue 10 - 03 · May 2021 Publisher Alok Chaturvedi Managing Editor Editorial Team Aveek Pal Chaudhuri Avinash Roy Mandvi Singh Abantika Bhattacharjee VP - Sales & Marketing Virupakshi Pattar GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Suanya Chakraborty Krishna Mohan Group Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Circulation Manager Magendran PerumalAnupreethi Danila.D Chander Thyagaraj Felisha Rita Correspondents Sambit Satpathy Subhadarshani MohantyEmmanuel Christi Das
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