Final answer:
Revenue cycle management in healthcare is effectively managed through a patient financial service system which includes billing, payment processing, and revenue generation, among other functions.
Step-by-step explanation:
Revenue cycle management in the healthcare sector is a critical aspect of financial viability for medical institutions and involves various processes to track patient care from registration and appointment scheduling to the final payment of a balance. The correct answer to the question, "Revenue cycle management is accomplished through use of which of the following systems?" is c. Patient financial service system. This system incorporates a range of functions, including billing, claims processing, payment processing, and revenue generation. While other options like eligibility verification, form creation, and registration-admission, discharge, transfer (ADT) systems play roles in the broader context of healthcare administration, they do not encapsulate the entirety of revenue cycle management as does the patient financial service system.
Additionally, understanding different health care financing models such as fee-for-service and health maintenance organizations (HMOs), as well as challenges like adverse selection, are important when considering policies that balance treatment costs, patient quality of life, and privacy issues in the development of an efficient revenue cycle management strategy.