Healthcare Revenue Cycle Training
The Healthcare Revenue Cycle Training is a four-hour virtual course that covers the fundamentals of the healthcare revenue cycle. Upon completion, participants will receive a certificate of completion, training manual, access to the Agilite Consulting Group's portal for upcoming job opportunities and projects, a referral for job opportunities. Jobs in this field typically range from $65,000 to $110,000 annually, depending on the certifications obtained. This course is designed to help you start a new and rewarding career in the healthcare industry. The cost for this course is $150. After the receipt of a paid registration, you will receive an email with dial in instructions for the event.
Topics Include:
1. Overview of Revenue Cycle Management
• Definition of RCM
• Importance in Healthcare Settings
• Key Stakeholders
2. Steps in the Revenue Cycle
• Patient Scheduling and Registration
• Insurance Verification
• Charge Capture
• Coding and Documentation
• Claim Submission
• Payment Posting
• Denial Management
• Patient Collections
3. Key Components of Revenue Cycle Management
• Role of Physicians
• Role of Hospital Staff
• Role of Billing and Coding Specialists
4. Common Challenges in RCM
• Denials and Rejections
• Regulatory Compliance
• Patient Financial Responsibility
5. Best Practices for Efficient RCM
• Accuracy in Coding and Documentation
• Timely Claim Submission
• Effective Denial Management
• Patient Engagement and Education
6. Technology in RCM
• Electronic Health Records (EHRs)
• Practice Management Systems
• Automation and AI in Billing
7. Compliance and Legal Considerations
• HIPAA
• The Affordable Care Act (ACA)
• CMS Guidelines