Question

Each healthcare organization should have a revenue cycle process that oversees the administrative and clinical functions that support the capture, management and collection of charges for delivering patient care.

Explain the role of the revenue cycle in relation to healthcare.
Explain the key elements that ensure accurate reimbursement for the healthcare organization.

Answer 1

the role of the revenue cycle in relation to health care is that The Healthcare Revenue Cycle is the Healthcare Financial Management Association as the set of all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. ... Some patients have no health insurance and may be billed directly for services.