Revenue Cycle Management (RCM)

RCM encompasses: patient registration, eligibility verification, charge capture, claim submission, payment posting, denial management, patient billing, and collections. Key metrics include: clean claim rate (target >95%), days in A/R (target <35), denial rate (target <5%), and collection rate (target >95%). PRACTIS automates the entire RCM workflow, reducing billing staff workload by 60% and increasing net collections by an average of $127K annually per practice.