SMBC365 Launches RCM Initiative to Address Proposed 7% Medicare Reimbursement Cut

SMBC365 has introduced a Revenue Cycle Management (RCM) initiative aimed at assisting medical providers in mitigating the financial impact of a proposed 7% reduction in Medicare reimbursements by the Centers for Medicare & Medicaid Services (CMS). This initiative focuses on optimizing billing and collections processes to maintain revenue streams amid changing CMS policies. The program reflects a strategic response within the healthcare insurance sector to evolving reimbursement challenges faced by providers in managing Medicare payments.