Posted: February 24th, 2022
Explain the purpose of revenue cycle management and identify sources of revenue.
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Explain the purpose of revenue cycle management and identify sources of revenue. Read and analyze the case study in Health’s Information Management on page 420. Answer the questions in the case study. Be sure to present strategies and measures to improve the revenue cycle. How does revenue cycle management affect a facility’s cash flow for the operating budget? Will financial policies and procedures to collect revenues expedite the collection of funds from the consumer? Research and share financial policies and procedures utilized in the healthcare environment.
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