Accounting in Healthcare
Revenue Cycle Management (RCM) is the process used by healthcare systems in the United States to track the revenue from patients, from their initial appointment or encounter with the healthcare system to their final payment of balance. RCM is split into three cycles. Pre-Cycle, Mid-Cycle, and Post-Cycle. Within the three cycles of RCM, there are currently 90 different categories. AI/ML and RPA are wrapped in and out of the cycles. Below is the industry's most current list of healthcare RCM companies offering accounting solutions.
Accounting in Healthcare Revenue Cycle: What You Need to Know
Managing Revenue Cycles is crucial for any organization but becomes particularly complex in healthcare. Accounting in Healthcare Revenue Cycle Management-RCM involves tracking and analyzing payments received from patients throughout their entire care process. This means that the cycle begins with the first appointment and continues until the final balance of the patient's total cost of care is paid. By managing the Revenue Cycle, healthcare providers can predict cash flow and track transactions from start to finish. This information helps providers optimize their Revenue Cycle processes and improve their overall financial performance. Despite the challenges, effective Healthcare Revenue Cycle Management ensures that healthcare organizations can provide quality patient care while maintaining financial stability.
At the RCR|HUB, our online directory, lists the best accounting companies in healthcare Revenue Cycle Management. Our staff of experienced and knowledgeable professionals will work closely with our online business partners to ensure that your search for the perfect accounting partner is met with accuracy and efficiency.
View Accounting Business Partner List
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Our goal is to provide our RCM commUnity with a comprehensive list of resources. This page is free to use, and we welcome you to list your company and website and give a brief (10 words or less) description of your service or solution. You also get to choose two categories to be listed under. Please use the link below the how-to video to be added to our site. Thank you for being a part of RCR | HUB!
| Business Partner | Company Website | Description |
|---|---|---|
| BDO USA | https://www.bdo.com | Delivers assurance, tax, and financial advisory services that are tailored to our clients' industry, unique needs and goals. |
| BKD CPAs & Advisors | https://www.forvis.com | CPA and advisory firm dedicated to helping people and businesses realize their goals. |
| Blue & Co., LLC | https://www.blueandco.com | Blue & Co., LLC is an independent accounting and advisory firm with more than 400 people in 10 offices across Indiana, Ohio, and Kentucky. |
| CBIZ KA Consulting Services, LLC | https://www.cbiz.com | Hospitals and health care systems with the intricacies of revenue assurance |
| Crowe LLP | https://www.crowe.com | A public accounting, consulting, and technology firm |
| Deloitte | https://www2.deloitte.com/ | Help create new growth by elevating the human experience—with connected ideas, technology, and talent. |
| Eide Bailly LLP | https://www.eidebailly.com | Business advisory, accounting and technology firm |
| EZ ERC | https://www.ez-erc.com | EZ-ERC is the only ERC advisory firm to have CPAs from the largest tax firms in the world under the same roof as attorneys from the largest law firms in the world. |
| Forvis | https://www.forvis.com/ | Accounting and advisory board services |
| Multiview | https://multiviewcorp.com | We deliver a true partnership experience; powerful, data-centric financial enterprise resource planning software combined with a compassionate team who will guide you on your climb towards operational excellence. |
| ND Accounting and Tax Services, LLC | https://ndaccountingandtax.com/ | Our mission is to provide impactful long-term solutions to small businesses and individuals who seek to optimize their financial health. |
| Physicians Revenue Group, Inc. | https://prgmd.com/ | One of the best Medical Billing Companies in the USA empowering medical practices to achieve better financial outcomes. |
| Plante Moran | https://www.plantemoran.com | As advisors, collaborators, and creative thinkers, we have a stake in your success. |
| RSM US LLP | https://www.rsmus.com | Leading U.S. provider of audit, tax and consulting services focused on the middle market. |
| VonLehman & Company Inc. | https://www.vlcpa.com | Beyond accounting, tax and auditing services to offer strategic business advice for small and mid-sized organizations. |
| Wipfli, LLP | https://www.wipfli.com | Private and publicly held companies with industry-focused assurance, accounting, tax and consulting services. |
| Wolters Kluwer Law & Business | https://www.wolterskluwer.com | Global provider of professional information, software solutions, and services. |