CFOs: What modules are part of revenue cycle management? 13 statistics

Revenue cycle management is a key function of any healthcare organization, but the definition of RCM can vary, depending on who you ask. 

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Nearly all CFOs agree payments and collections are RCM modules, according to peer60’s Healthcare Revenue Cycle Management: 2015 report. Here are 13 statistics on what modules CFOs consider as part of the revenue cycle process.

• Claims: 100 percent
• Payments: 98 percent
• Collections: 98 percent
• Registration: 98 percent
• Denial management: 97 percent
• Eligibility and benefits: 97 percent
• Custom edits: 84 percent
• Contract management: 83 percent
• Scheduling: 79 percent
• Benchmarking: 71 percent
• Referrals: 49 percent
• Coding: 10 percent
• Other: 5 percent

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