GERMANTOWN, Md. -- Once upon a time, doctors would only be reimbursed if they knew their patients or if the treatment was successful. However, as society progressed and realized the importance of proper medical care, regulations and structure were incorporated into the healthcare industry. Decades later, with countless new technological innovations, the revenue cycle management (RCM) industry was born. Many occurrences over the past few years, such as the continued attempts to repeal the Affordable Care Act (ACA), several large-scale mergers and acquisitions (M&A), and President Trump ceasing the Federal Government from providing cost-sharing subsidies to participating insurers in the ACA marketplaces, have impacted and will continue to affect the RCM industry.
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