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In Healthcare Payments, Lockbox Environment Key to Meaningful Revenue Cycle
By John Reynolds, FIS Healthcare Payment Solutions
Ideally, revenue cycle management (RCM) for healthcare providers is simple: Eliminate the paper chain from claims and payments handling and significantly reduce the time spent exchanging information about payment responsibility. The outcome should allow a provider to considerably speed its receivables by collecting from the patient at the point of care, accepting an electronic payment from the insurer, and easily linking it to the ori
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