Results for tag: "Front End Revenue Cycle Management"

The Front End Revenue Cycle Management (FERCM) market within the context of Hospital Management is a rapidly growing sector. It is focused on streamlining the process of collecting payments from patients and insurance companies. FERCM solutions provide hospitals with the ability to automate and manage the entire revenue cycle, from patient registration to payment collection. This includes patient eligibility verification, billing, and collections. Additionally, FERCM solutions can help hospitals reduce administrative costs and improve patient satisfaction. FERCM solutions can also help hospitals improve their financial performance by providing real-time analytics and reporting. This allows hospitals to identify areas of improvement and make informed decisions about their revenue cycle. Companies in the FERCM market include Cerner Corporation, Allscripts, Epic Systems Corporation, McKesson Corporation, Athenahealth, and Meditech. Show Less Read more