Are you staying ahead of new coding changes impacting federally qualified health centers (FQHCs) in the coming year? By keeping up with the latest medical billing and coding changes, you’ll ensure high rates of correct and quickly paid claims for reimbursement. In healthcare, medical coding uses alphanumeric sequences to track every diagnosis, medical service, procedure, and piece of equipment used during patient appointments. As a result, all healthcare providers and reimbursement sources nationwide have a universal language to process payments for medical services rendered.
Healthcare is at a critical crossroads. An aging population and a growing number of chronic illnesses are increasing demand for services. At the same time, patients expect greater clarity and control over their medical bills. These shifts create new challenges for revenue cycle management (RCM), affecting everything from billing accuracy to payment collection. This blog examines these shifts and offers practical insights on how revenue cycle management in medical billing must evolve to keep pace, improve accuracy, and protect financial performance.