Healthcare revenue cycle management (RCM) is the financial process that facilities management of the administrative and clinical functions associated with medical claims processing, payment, and accounts receivable follow up. Without this key financial process, healthcare organizations cannot keep their doors open to treat patients. US healthcare constitutes of three entities, namely, patients, providers, and payers. Providers are hospitals, clinics, and practices where physicians, surgeons, nurses etc. work to provide healthcare to patients. Payers are insurance companies which collect premiums from patients as their members and pay healthcare providers treating their members.