Explain why the revenue function of a healthcare organization is usually more complex than that of a non-healthcare, or for-profit, business. Healthcare organizations generally will group sources of revenue by payer. Thus services might be grouped as follows: Medicare, Medicaid, Commercial Insurance, and Managed Care Contract Payer. Why is this important to the healthcare provider ?

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The revenue function of a healthcare organization is typically more complex than that of a nonhealthcare or forprofit business due to several factors ... View the full answer