Revenue Cycle Management (RCM) is the process that healthcare organizations use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. It involves managing the financial aspects of patient care, ensuring that healthcare providers are reimbursed for their services efficiently and accurately. The RCM process includes several key steps, such as patient registration, insurance verification, coding of diagnoses and procedures, billing, and collections. By optimizing these steps, healthcare organizations can improve cash flow, reduce errors, and enhance overall financial performance, ultimately leading to better patient care and satisfaction.