Revenue Cycle Management (RCM)

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.