Oncology revenue cycle management
Oncology revenue cycle management (RCM) is uniquely challenging due to the complexity and high cost of cancer treatments. Effective oncology RCM requires precise coordination from patient registration through to final payment collection, ensuring accurate insurance verification and authorization for expensive therapies. Detailed documentation and coding are critical to capturing the extensive services provided, from chemotherapy to advanced imaging. Utilizing specialized RCM software can help streamline these processes, minimize claim denials, and optimize reimbursement rates.
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