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Level 3 Award in Revenue Cycle Management (RCM) in Healthcare

Level 3 Award in Revenue Cycle Management (RCM) in Healthcare

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Course Overview

HiQual UK delivers the Level 3 Award in Revenue Cycle Management (RCM) in Healthcare, designed for learners progressing into supervisory and compliance roles within healthcare finance and administration. The qualification develops competence in patient billing, claims processing, compliance auditing, and financial reporting. Learners gain the expertise required to oversee revenue cycle operations, support staff training, and produce audit‑ready documentation aligned with international healthcare finance standards.

Qualification Details

Qualification Title Level 3 Award in Revenue Cycle Management (RCM) in Healthcare
Total Credits 12
Guided Learning Hours 24
Qualification Time 48
  1. Principles of Revenue Cycle Management in Healthcare: Introduces the end‑to‑end process of patient registration, billing, and reimbursement.

  2. Patient Registration and Data Accuracy: Focuses on demographic verification, insurance validation, and compliance with data standards.

  3. Medical Coding and Documentation Standards: Explains ICD, CPT, and HCPCS coding systems for accurate billing.

  4. Claims Processing and Submission Procedures: Covers electronic and manual claim workflows, clearinghouses, and payer requirements.

  5. Payment Posting and Account Reconciliation: Details allocation of payments, adjustments, and reconciliation with financial records.

  6. Denial Management and Appeals Processes: Teaches identification of claim denials, root cause analysis, and corrective actions.

  7. Compliance with Healthcare Finance Regulations: Reviews HIPAA, NHS finance policies, and international auditing standards.

  8. Revenue Cycle Performance Metrics and Reporting: Introduces KPIs, dashboards, and audit‑ready financial reporting.

  9. Supervisory Roles in Revenue Cycle Operations: Defines leadership, accountability, and staff training responsibilities.

  10. Practical Assessment and Portfolio Development in RCM: Applies case studies, simulations, and compliance‑ready documentation.

  • Develops advanced skills in healthcare revenue cycle management

  • Strengthens competence in claims processing, denial management, and compliance auditing

  • Enhances ability to monitor KPIs and produce audit‑ready financial reports

  • Provides practical assessments and portfolio evidence for compliance readiness

  • Supports progression into Level 4 and Level 5 healthcare finance qualifications

  • Healthcare finance professionals progressing into supervisory roles

  • Supervisors and team leaders in billing, coding, and claims departments

  • Individuals seeking advanced skills in healthcare revenue cycle management

  • Learners preparing for higher‑level healthcare finance and compliance qualifications

  • Assessment Type: Practical assessments, written exam and portfolio review

  • Format: MCQs, RCM simulations, documentation tasks, oral discussion

  • Total Questions: 50 theory plus multiple practical tasks

  • Passing Score: 70 percent

  • Duration: 10–14 weeks (160–200 hours)

  • Certification: Level 3 Award in Revenue Cycle Management (RCM) in Healthcare

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