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ACC»Glossary of Terms»Revenue cycle management (RCM)

Revenue cycle management (RCM)

Revenue cycle management (RCM) is the process of managing the financial aspects of patient care, from initial medical billing to final payment.

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Healthcare Services and Management

Related Terms

Activities of daily living (ADL) Ambulatory care Assistance level Coding audits CPT codes (Current Procedural Terminology) Eyeglass prescriptions Functional activities Gait observation HCPCS (Healthcare Common Procedure Coding System) ICD-10 (International Classification of Diseases, 10th Revision) Inpatient pharmacy Instrumental activities of daily living (IADL) IV medication preparation Joint mobilization Medical claims Medical records Medication Non-sterile compounding OTC (Over-the-counter medications) Patient advocacy Perioperative care Prescription verification Retail pharmacy Sensory processing skills Sterile compounding Therapeutic exercise Triage Vital signs
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