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Revenue Cycle Management and Medical Billing for Beginners

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Master Revenue Cycle Management (RCM), Medical Billing, Insurance, AR, Denial Management, and Payment Posting
4.6
4.6/5
(1,111) Ratings
4,830 students
Created by RCM Academy
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What you'll learn

  • Gain a clear understanding of the US healthcare system, revenue cycle management (RCM), and its critical role in healthcare administration.
  • Learn the complete medical billing process, from patient registration to final payment posting, ensuring accuracy and efficiency at every step.
  • Acquire detailed knowledge of insurance types, including Medicare, Medicaid, Tricare, HMO, PPO, and POS plans, and understand their impact on billing and claims
  • Develop the skills to process claims, manage denials, and apply best practices to maximize reimbursements and minimize delays.
  • Build a solid foundation to launch or advance your career in medical billing, RCM, or healthcare operations with confidence and competence.
This course includes:
2.5 total hours on-demand video
0 articles
1 downloadable resources
70 lessons
Full lifetime access
Access on mobile and TV
Certificate of completion
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Course content

Requirements

  • No Prior Experience Needed: This course is designed for beginners, so no prior knowledge of medical billing or healthcare revenue cycle management is required.
  • Basic Computer Skills: Learners should have a basic understanding of how to use a computer and navigate the internet.
  • Access to a Computer and Internet: You’ll need a computer or device with internet access to complete the course.
  • A Willingness to Learn: Bring a positive attitude and the determination to explore a rewarding career in healthcare RCM.

Description

Are you looking to build a solid foundation in Medical billing and revenue cycle management (RCM)?

This course is your comprehensive guide to mastering the essentials of RCM and medical billing, even if you’re starting from scratch.

In this beginner-friendly course, you’ll:

  • Gain a deep understanding of the healthcare system: Learn how the U.S. healthcare system operates, the importance of health insurance, and why RCM is essential for smooth operations.

  • Distinguish between RCM and medical billing: Discover the key differences between these two vital aspects of healthcare finance and how they work together.

  • Get familiar with insurance basics: Understand how different insurance plans, including Medicare, Medicaid, and private insurance, impact the billing process.

  • Verify patient eligibility and benefits: Learn the step-by-step process of verifying insurance eligibility, benefits, and understanding referral requirements.

  • Grasp medical coding essentials: Master ICD-10, CPT codes, and modifiers, and understand how accurate coding ensures proper reimbursement.

  • Navigate the claim creation and submission process: Learn how to complete claim forms, work with practice management systems, and submit claims through clearinghouses.

  • Manage Accounts Receivable (AR): Understand the key methods for AR follow-up, including aging buckets and best practices for efficient collections.

  • Master denial management and appeals: Learn the steps to handle claim denials, rejections, and how to submit effective appeal requests.

  • Understand payment processing: Dive into the process of payment posting, EOBs, ERA, and EFT to ensure timely and accurate payments.

By the end of this course, you’ll be equipped with the knowledge and skills needed to confidently manage the revenue cycle in any healthcare setting.

Who this course is for:

  • Aspiring medical billers and coders: Individuals aiming to start a career in medical billing, coding, or healthcare RCM.
  • Healthcare professionals: Doctors, nurses, or administrators who want to enhance their understanding of billing and revenue processes.
  • Students and graduates: Those studying or recently graduated in healthcare, business, or IT fields interested in RCM career opportunities.
  • Small healthcare practice owners: Entrepreneurs seeking to improve their practice’s revenue cycle and billing efficiency.
  • Career changers: Professionals from other industries looking to transition into the growing field of healthcare administration.
  • Tech and data enthusiasts: Individuals skilled in data analysis, MS Excel, or healthcare analytics wanting to apply their expertise to RCM.
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