Question: Identify and explain the revenue cycle process Assignment Description: Create a diagram which demonstrates the revenue cycle process from beginning to end. Start with the
Identify and explain the revenue cycle process
Assignment Description:
Create a diagram which demonstrates the revenue cycle process from beginning to end. Start with the registration of a patient for a service and end with closure (full payment) on the account. Be sure to include in your diagram, different payment methodologies for different visit types (for example, an inpatient will use PPS, MS-DRG, and indices while outpatient will use APCs and RBRVS). Also include items such as claim forms, bill reconciliation, RAs, EOBs, ABNs, LCDs, and NCDs.
Your diagram should completely demonstrate the entire revenue cycle and include small text boxes within the diagram for very brief explanations.
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