Healthcare Admin: Revenue Cycle Management - The Revenue Cycle Process

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  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 109

  • @SoulShiner1115
    @SoulShiner1115 2 роки тому +45

    I’m a corporate Rev Cycle Manager, and I agree. It’s the BEST. I’ve been in the field for 22 years and in management for 15. I still love it. If you are trying to get your foot in the door with little or no experience or school, try to find a payment posting or patient access job in a LARGE healthcare provider or RCM company and work your way up. You can always get certified later to start making more money. Healthcare is a job that offers job security, and you get to help people. What more can you ask for? I will say, if you don’t love numbers or problem solving, this isn’t for you. If you love money AND analyzing and solving problems…. You’ll love RCM.

    • @MsLove2Inspire
      @MsLove2Inspire Рік тому

      Do I need a college degree to get certified or obtain a position in RCM? After obtaining my CPC I want RCM as my next credential

    • @SoulShiner1115
      @SoulShiner1115 Рік тому +3

      @@MsLove2Inspire No. There are certifications you can get. My certification is through the HFMA, and I just bought the manual and studied at home for 6 months then took the test. Although you will get higher paying positions more easily with a college degree, they aren’t always required. I don’t have a degree and have held positions up through Senior Management, because I was certified and had work experience.

    • @ebbzexclusives
      @ebbzexclusives Рік тому

      Hi! Do you think medical billing would be a great start to get into RCM?

    • @SoulShiner1115
      @SoulShiner1115 Рік тому +1

      @@ebbzexclusives Absolutely. That’s where I started. Billing or collections (claims follow up, not collecting from patients directly) are both really good places to start and grow your experience.

    • @ebbzexclusives
      @ebbzexclusives Рік тому

      @@SoulShiner1115 ok thank you so much!

  • @jasminelove2836
    @jasminelove2836 3 роки тому +16

    Love this breakdown! I have never been able to explain what I do in RCM and this has given me the words, thank you!

  • @pcoswellnessgroup
    @pcoswellnessgroup 2 роки тому +3

    Thanks for the breakdown. My current job is Revenue Cycle Rep and couldn’t actually explain what I do lol. But I’ve been doing A/R for the last 6 years. Now I’m graduating with my Associates in Health Services Management.

  • @boniworldwide
    @boniworldwide День тому +1

    I just got promoted as a revenue cycle cdr . & I’m
    So blessed thankful & excited 🩷 thank you for this video 🩷

  • @family.845
    @family.845 Рік тому +1

    This video brings it all together perfectly. I've been in the Revenue Cycle Management field for 8 years and love it. Thank you for the video. 😉

  • @Ms1Deviouskiller
    @Ms1Deviouskiller Рік тому +1

    I'm currently learning about health information systems and revenue cycle management right now, and coming back to this video was pretty helpful! Thank you!

  • @kungfuken432
    @kungfuken432 3 роки тому +5

    This explanation was absolutely crystal clear. Extremely helpful!

  • @oriana0525
    @oriana0525 2 роки тому +4

    I just found your channel! So happy I did. I would love to see more videos on Health Information Management. That’s the degree I’m going for.

  • @juancleon1299
    @juancleon1299 2 роки тому +2

    You are a natural educator! The video was superb. Thanks👏

  • @ManekaAgarwal
    @ManekaAgarwal 2 роки тому +2

    Really clear, concise, and to-the-point relevant information. I am new to healthcare and your extensive work experience really gave me a good overview of the US healthcare systems and related terminologies. Thank you so very much dear Courtney and may you stay blessed!

  • @ronbezanson6304
    @ronbezanson6304 2 роки тому +1

    I am teaching various programs here in Calgary Alberta Canada to adult learners on business topics A to Z in Health Management and Leadership Program. In HIM we are taking this cycle and this video was awesome in explaining this cycle to my students rather than the listen to the lecturer off notes slides. You were our awesome guest speaker courtney!!!

    • @CourtneySharea
      @CourtneySharea  2 роки тому

      Hi Ron,
      WOW! What an honor!! I'm so glad to hear that you were able to use my content in your classroom. I am extremely flattered. Thank you so much for having me :)

    • @ronbezanson6304
      @ronbezanson6304 2 роки тому

      @@CourtneySharea Your welcome !

  • @daniellemartin9947
    @daniellemartin9947 3 роки тому +5

    This was a great video! I’m currently an A/R specialist. I’d love to see a video that discusses the next tier opportunities you can get into after entry level within this field ❤️

  • @Lauren.E.
    @Lauren.E. 3 роки тому +2

    That was a great and engaging breakdown in laymen's terms for those who are interested in how the process works! Definitely can also help those who are interested in RCM figure out an interest point for entry level!

    • @CourtneySharea
      @CourtneySharea  3 роки тому +1

      Thank you! I struggled with keeping it simple! Lol
      Thank you for offering your time and knowledge! We appreciate that 🤗 Please let everyone know how they can contact you.

    • @Lauren.E.
      @Lauren.E. 3 роки тому

      @@CourtneySharea Well you did an amazing job! Oh girl, I meant YOUR video can help with those figuring out where to start in RCM. lol. I guess I worded that funny. I am a Healthcare Administrator and Consultant myself, I've been thinking about youtube as an outlet. You do an amazing job educating in an engaging manner and make it look so easy.

  • @caitlindaab1969
    @caitlindaab1969 2 роки тому +1

    SOO helpful and you have a talent for explaining complicated topics in simplified terms! Thanks!

    • @CourtneySharea
      @CourtneySharea  2 роки тому

      thank you! I do my best to keep it simple!

  • @CarFreeKC
    @CarFreeKC 3 роки тому +2

    Thanks for this! I'm taking a revenue cycle management class at school soon and not sure what to expect!

    • @CourtneySharea
      @CourtneySharea  3 роки тому

      I hope this was helpful! Best of luck with your class! Let me know it goes.

  • @adhamm5503
    @adhamm5503 2 роки тому

    Informative, well explained. Loved the RCM model and you're right ..A/R just sounds better!🧡🌹

  • @estherpeters7588
    @estherpeters7588 Рік тому

    This video is so informative. Thank you so much.👏🏽👏🏽👏🏽👏🏽

  • @marielsandoval2991
    @marielsandoval2991 3 роки тому +1

    Love your channel! Would you please do a video on what you did as a Service Account Manager. Pls!

  • @InvictumLupus
    @InvictumLupus Рік тому

    I just called about a job posting. I was asked if I have worked in RCM. I had no idea how to answer because Revenue Cycle Management sounded intimidating. I’ve been doing this for the past four years. 🤦🏻‍♀️I feel so dumb. The people I’ve been working for just don’t bother explaining why I’ve been what I’ve been doing. I just been learning on my own so I’m intimidated by even applying for other jobs. Thank God I have an interview on Friday.

  • @dashiagrant9952
    @dashiagrant9952 3 роки тому +3

    I love your video’s. I been applying for jobs as Revenue Cycle Management, but I keep getting turn down. I have been in the healthcare field over 5years. I have worked as medical front office receptionist and done medical records. When it comes to education I have my medical assistant diploma and I just received my bachelor in healthcare administration. I just don’t know where to start. Guidance Please!

    • @mariazambrano4696
      @mariazambrano4696 2 роки тому

      You might want to get a certificate for (Certified Revenue Cycle Representative (CRCR) that will definitely help get your foot in the door. ☺️

  • @rosbudgetlife3324
    @rosbudgetlife3324 3 роки тому +1

    This information was so helpful, thank you! the only thing holding me back from getting my bachelors degree is having to have student loans, currently working and saving for tuition

    • @CourtneySharea
      @CourtneySharea  3 роки тому +1

      Don’t fret, you don’t need a degree for many jobs in healthcare admin.

    • @rosbudgetlife3324
      @rosbudgetlife3324 3 роки тому

      Thank you so much

    • @rosbudgetlife3324
      @rosbudgetlife3324 3 роки тому

      I currently have 4 years of experience.. just working and building my experience

  • @reneeupson2418
    @reneeupson2418 3 роки тому +2

    Thank youuuu for the vid. What is needed to get a position on the revenue cycle mgmt team? I’ve got a MHA.

    • @CourtneySharea
      @CourtneySharea  3 роки тому +1

      Hey Renee, Check out ua-cam.com/video/pMqXjebhtKs/v-deo.html
      I hope it helps answer some of your questions!

  • @gg1x454
    @gg1x454 8 місяців тому

    Is comprehensive coding & revenue integrity specialist the same thing as this? I seen this on my school website and i started researching on Yt and your video came up

  • @caitlinm5544
    @caitlinm5544 Рік тому

    Hey, thank you for the content!Can you go straight from practice administrator to revenue cycle management?

  • @margiefriendofGod
    @margiefriendofGod 2 роки тому

    Thank you beautiful Courtney! Excellent video!

  • @blue89girl
    @blue89girl 2 роки тому

    RCM explained from 02:00 ... very well explained tyvm ♥ ♥

  • @ivanreyes6824
    @ivanreyes6824 Рік тому

    Do you have to be a medical coder or have a medical coding degree to be Revenue Cycle Analyst entry level? What are the steps to getting into the job without HIM, Medical Coding, or IT degree? I do have a Bachelors in Business Administration that I obtained very recently but I have been a clinician for 10 years. Im a healthcare worker in short but would like to get into business side. Thanks in advance.

  • @mayraz7436
    @mayraz7436 3 роки тому +1

    Hello there, I have my first client and I don’t know how to break down the costs? He wants me to handle claims submit, AR management, payment posting etc. I just don’t know how to break down the cost.

    • @CourtneySharea
      @CourtneySharea  3 роки тому +1

      Contact @askthebiller on IG. She will definitely be able to help you breakdown costs. Good luck!

  • @marygarcia2304
    @marygarcia2304 2 роки тому

    Hello, great video. Question 🙋‍♀️ I’m a certified professional coder with 7 years of coding experience but I don’t know billing, can I do this revenue cycle job?

  • @natalieriv28
    @natalieriv28 2 роки тому +2

    Hi Courtney, do you recommend the HFMA CRCR (Certified Revenue Cycle Representative) certification for those interested in pursuing a career in RCM? I currently have a BA in Business Admin and MHA. Completing a fellowship

    • @justinabenson4797
      @justinabenson4797 2 роки тому

      typically I would say yes. I know a lot of people that work in the Revenue Cycle side in the health technology space with that certification.

  • @kehinde711
    @kehinde711 2 роки тому

    Hello! I would like to become a clinic director but don’t have enough financial experience. I meet all of the qualifications but this aspect. Can you go over financial interview questions and step by step budget preparation for healthcare administrators?

  • @Michellelinks100
    @Michellelinks100 Рік тому

    I have a question, does manage care Medicare roll back follow the same rules as Medicare? If you could send me the information or direct me to the correct website where I could zone in on this exact information for billing, I would appreciate your assistance. Thank you.

  • @Idratherbecleaning
    @Idratherbecleaning 2 роки тому

    Hello so I’ve worked in registration and am looking to move to the next step-could you give your recommendation on whether. Would be better to go into a payment posting or a billing and follow up (following up with claims that have been denied etc) next ? What would be the next step for growth after working in either of those positions?

  • @chinasmithy3538
    @chinasmithy3538 2 роки тому

    So glad I found this

  • @robinpettis5979
    @robinpettis5979 3 роки тому +1

    Yassssssss DONT STOP SIS PLEASE!

  • @joetwitter1741
    @joetwitter1741 Рік тому +1

    I got selected for a job at a RCM company as an operations executive. I will be starting from next week. Wish me luck.

  • @dilciamunoz7928
    @dilciamunoz7928 2 роки тому

    Hi Courtney
    How can a obtain a revenue cycle certificate?

  • @navitaw8876
    @navitaw8876 Рік тому

    Thank you SO much!

  • @anupriyabaddham5335
    @anupriyabaddham5335 9 місяців тому

    Hi courtney ,this video was really really helpful can you please also guide and make a video on how to prepare resume for RCM-PP analyst jobs please!!!

  • @jenniferjones2015
    @jenniferjones2015 3 роки тому +1

    Girl I missed u just thought abt you!!! 🤗🥰

    • @CourtneySharea
      @CourtneySharea  3 роки тому

      Awe! It's nice to be missed! Hope all is well with you 🥰🥰🥰

  • @jimmycharles7192
    @jimmycharles7192 3 роки тому +2

    Hi, I am looking to get a masters in HA.. Which school would you recommend? Thanks..

    • @amrutat1533
      @amrutat1533 3 роки тому

      could you tell me if a mechanical enineering bachelors student can switch to MBA in healthcare management?!

    • @CourtneySharea
      @CourtneySharea  3 роки тому

      You definitely can. Talk with the advisor at your school!

    • @CourtneySharea
      @CourtneySharea  3 роки тому

      Totally up to you!

    • @amrutat1533
      @amrutat1533 3 роки тому

      @@CourtneySharea we don't have any advisors honestly, we dont get that exposure or liberty to choose. I really love healthcare but I lack of guidances. And it really hurts.

  • @shaniquewatkis2905
    @shaniquewatkis2905 3 роки тому +1

    Do you have anymore tips for becoming an RCM analyst?

    • @Sparkle-ey7iw
      @Sparkle-ey7iw 3 роки тому

      I am a revenue cycle analyst. What questions do you have?

    • @stephanieh2863
      @stephanieh2863 3 роки тому

      @@Sparkle-ey7iw I’m also interested in an analyst role. I’m a certified medical coder with years of experience as well as some billing. I’m having a hard time transitioning into another area. Very discouraging. I also have 4 year degree in Business Admin. Would love to know what I’m doing wrong. Constantly turned down for promotions. Great reviews… Any suggestions?

    • @CourtneySharea
      @CourtneySharea  3 роки тому

      Hi Stephanie! It sounds like you may need to update your resume and start applying at other companies.
      If you're interested in discussing this in further detail along with a resumé review, click the below like to schedule a 1:1 session.
      calendly.com/courtneysharea

  • @Sonyexplorer
    @Sonyexplorer 3 роки тому +1

    is it better to do diploma in HCASM and how are the job opportunites

  • @evelinarriaza2340
    @evelinarriaza2340 Рік тому

    Just wow!🙌 You did a great job explaining this!! && *** you are beautiful! ... i also subscribed**

  • @ashsmith1364
    @ashsmith1364 Рік тому

    Im at a stand still with my career. I am currently a coding assistant and cannot pass the cpc exam to save my life. I have experience in revenue cycle so I wanted to switch my focus

  • @emmachacon8399
    @emmachacon8399 3 роки тому +2

    When are you going live again ? I have several questions, I am working on mba in hrm however im interested in healthcare administration. I’m worry about working in the wrong masters program but, everyone I know says I’m fine.
    I need to get your professional advice.

    • @CourtneySharea
      @CourtneySharea  3 роки тому +1

      Hi Emma! I probably won’t go live again until the end of August. If you need a 1:1 in depth convo you can schedule some time with me. calendly.com/courtneysharea/

  • @sheena.j
    @sheena.j 2 роки тому

    Hi Courtney, I am currently working in Revenue Cycle Management and hate it :( it is definitely not a good fit. I have 10+ years in claims processing for an insurance company but this is TOTALLY different. I want to put my experience to use but I don't know what job to look for. I am looking for remote work with minimal/no phone work due to health/medical reasons. Any suggestions?

    • @ashleyelisabeth3684
      @ashleyelisabeth3684 2 роки тому

      Ensemble is always hiring for revenue cycle specialists so I’m pretty sure they are hiring for management also.

  • @porscheastansberry7935
    @porscheastansberry7935 Рік тому

    Do you offer Career Coaching..I need your guidance real bad and I am local

  • @mustakes
    @mustakes Рік тому

    Thank you 🙏

  • @barbjones6829
    @barbjones6829 2 роки тому

    Thanks for sharing

  • @leaveit2b684
    @leaveit2b684 2 роки тому

    Great video. I want to go into Revenue cycle management/ consultant. I am about to begin my BS in business admin and have three years experience as an appeals & grievance coordinator for UHC. What are some entry level jobs that I should look into that will give me an advantage on my resume?

  • @305heat_
    @305heat_ 2 роки тому

    This is EVERYTHING!!

  • @stephanieawuah
    @stephanieawuah 3 роки тому +1

    This is good

  • @mpnicemaster
    @mpnicemaster 3 роки тому +1

    do you answer emails?

  • @charsmith5970
    @charsmith5970 2 роки тому

    5/15/22 New Subscriber 💎💎💎Thanks for info, looking at possiblecareer change.

  • @deepdesire6967
    @deepdesire6967 3 роки тому +2

    healthcare should be free.. its sad to see patients are charged money ..revenue cycle is evil..good presentation

  • @euphoria7179
    @euphoria7179 3 роки тому +1

    Ah you so good 💘

  • @simplyash4165
    @simplyash4165 3 роки тому +1

    Second!!!!!!

  • @brothers_8511
    @brothers_8511 3 роки тому +1

    First 😁😊😍🤗😘💙🌹

  • @saqibkhan-dw4gs
    @saqibkhan-dw4gs 2 роки тому

    video and content is awesome but the disturbing thing in this video is background music, you should remove that in upcoming videos.

  • @nemesischange
    @nemesischange Рік тому

    Hi

  • @Joey0911
    @Joey0911 2 роки тому

    Hey is for Horses !

    • @CourtneySharea
      @CourtneySharea  2 роки тому +3

      Hay is for horses. "Hey" is a friendly greeting! Hope that helps :)

  • @raunij7967
    @raunij7967 Рік тому

    Courtney I need you for help how do I email you I’m Revenue Cycle Specialist need to ask some questions.