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Revenue Cycle Management (RCM) is an important aspect of any healthcare business. It involves processes that ensure that patients are afforded the right healthcare treatments and are billed accurately, while healthcare service providers are paid by patients and reimbursed accordingly by insurance companies.

US Healthcare today is largely dependent on technology-enhanced systems for administrative and clinically-based functions such as claims and care management, computerized physician order entry systems, radiology, pharmacy, and laboratory systems and self-service applications. Through electronic health records (EHR) and protected health information (PHI), patient data can be accessed rapidly and from multiple locations, making healthcare service better.

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