Revenue Cycle Optimization (RCO) is improving the efficiency, accuracy, and effectiveness of revenue cycle management (RCM) services in healthcare organizations. RCO aims to increase revenue by enhancing the speed and accuracy of claims processing, reducing denied claims, and identifying revenue opportunities. RCO involves identifying and addressing inefficiencies and errors in the RCM process and utilizing technology and best practices to improve the process. This includes but is not limited to automating certain aspects of the…
