Detail the four components required for a successful health care RCM implementation

RCM is a comprehensive approach that evaluates, improves, and manages  all components in obtaining patient encounter information and applying  it to ensure patient safety, while creating a simplified, integrated  workflow designed to optimize and expedite reimbursement. Although the  integrated, end-to-end, revenue-cycle process is at the core of the  process-centered management model, its success depends upon four key  components:

Search the Internet for information on medical billing. The following Web sites may be useful to begin your search:

  • Jobs, skills, staffing, and structure;
  • Information and information systems;
  • Organizational alignment and accountability; and
  • Performance measures and evaluation systems.

https://www.cms.gov/

https://www.medicare.gov/forms-help-resources

Construct a  2 page document in APA style with subheading and In text citation included as well.

  • Detail the four components required for a successful health care RCM implementation.
  • Identify how an RCM implementation for health care  differs from a generic revenue management approach for a non-health care  business.
  • Describe the various types of staffing required for an RCM implementation.
  • Explain the concept of organizational alignment and how it impacts cash flow.
  • Describe procedures involved in measuring performance.

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