Inside Revenue Cycle Management: The Six Stages That Decide If Practices Get Paid
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Inside Revenue Cycle Management: The Six Stages That Decide If Practices Get Paid
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About this listen
Revenue cycle management has become one of the most mission-critical—and most strained—functions in healthcare. In this episode, we unpack why rising patient responsibility, high-deductible health plans, slow insurance payments, and manual workflows are creating a perfect storm for practices.
We break down the six stages inside revenue cycle management, revealing where revenue leaks occur and how small breakdowns quickly turn into delayed payments, staff burnout, aging A/R, and lost revenue. We explore why traditional, people-powered billing processes can’t scale—and how automation, visibility, and flexible payment options are transforming the way practices get paid.
From pre-visit cost transparency and multi-channel billing to automated reminders, payment plans, financing, and integrated collections, we show how modern RCM systems help practices stabilize cash flow, reduce administrative burden, and deliver a better patient experience. If your team is still chasing payments manually, this episode explains why automation is no longer optional—it’s essential.