About the workshop:
This webinar will provide an introduction to Revenue Cycle Management (RCM) in healthcare. The session will cover the key stakeholders involved in RCM, the processes involved in managing the revenue cycle, the technologies used to support these processes, and the current trends and areas of focus in RCM. We will also look at areas such as medical coding, the differences between RCM in India and the US, the transition from sick care to Value Based Care
1. Gain a comprehensive understanding of what Revenue Cycle Management (RCM) is and why it is important in healthcare practices.
2. Understand the key components of RCM including patient registration, coding, billing, claims management, and collections.
3. Understand the key differences in RCM in the US and India.
4. Understand the importance of accurate and complete documentation in RCM including the impact of coding and billing errors on reimbursement.
5, Understand the role of technology in RCM, including Practice Management Systems, Electronic Health Records (EHRs), and billing software.
6. Understand the regulatory requirements for RCM, including HIPAA, the Affordable Care Act, and Medicare and Medicaid regulations.
7. Understand the impact of RCM on healthcare revenue, including the revenue cycle timeline, revenue benchmarks, and revenue cycle performance metrics.
8. Understand the challenges associated with RCM, including denials management, insurance verification, and collections.
9. Understand the role of RCM in population health management and accountable care.
Session date : 30th June, 2023 (Friday)
Timings : 06:00 p.m. – 08:00 p.m.
Mode of Workshop : Online.
About the Instructor(s)
Ms. Vaishnavi has 3+ years of experience in the Healthcare Provider Strategy, both across Indian and American markets. With experience in solution for Providers, she has supported various initiatives with organisations like NASSCOM bridging the gap between industry and research, specifically for the healthcare market. She has created learning curriculum and had conducted various domain training sessions for college students and industry professionals of varied expertise. Vaishnavi holds a B.Tech in Biotechnology and a global MBA in Healthcare Administration and Information systems .
Ms. Rajeswari comes with 18+ years of content development in Healthcare and other streams. With a Corporate Secretary certification, she has helped in produce documentation, market research material, blogs, articles, and capability documents across several HC streams. She also has extensive experience in domain specific conceptual training, creating comprehensive learning journeys and curricula across stakeholders of multiple expertise levels.
Applications of this topic
1. Career Opportunities:
RCM is a rapidly growing field, and healthcare organisations are seeking individuals with the skills and knowledge to manage RCM processes effectively. Understanding RCM concepts can increase students’ career opportunities in healthcare organisations.
2. Broad Understanding of Healthcare Industry:
Understanding RCM concepts can provide a broader understanding of the healthcare industry, including the complex financial systems and processes that are integral to healthcare operations.
3. Cost Control:
As healthcare costs continue to rise, healthcare organisations are under pressure to control costs.Those with knowledge of RCM concepts can help healthcare organisations to optimize billing and collections processes, resulting in improved financial performance and cost control.
4. Improved Patient Care:
RCM processes can impact patient care by improving the accuracy of billing and collections, reducing claim denials, and ensuring that healthcare providers are appropriately reimbursed for services rendered.
Registration fees and Certificate
Course Fee : Rs 236/- ( Rs 200 +18% GST)
Certificates will be provided to participants who attend the workshop.