HCAD 640 White Paper on The Basic Steps of The Revenue Cycle

HCAD 640 White Paper on The Basic Steps of The Revenue Cycle essay assignment

HCAD 640 White Paper on The Basic Steps of The Revenue Cycle essay assignment

You have been recently hired at UMGC Health as a financial consultant. One of your job duties entails educating new hires on the revenue cycle process.

For this assignment, you will prepare a 3-5 page white paper outlining the basic steps of the revenue cycle.

• Identify the various steps within the revenue cycle process, including admissions, case management, documentation, coding, billing, et cetera.

Get solution to your nursing paper : HCAD 640 White Paper on The Basic Steps of The Revenue Cycle

• For each step identified, provide details pertaining to the following:
  • Purpose of the step identified.
  • The individuals involved in the process (e.g., providers, transcriptionists, coders, registration clerk, etc.).
  • The key components of the function, such as verifying insurance, financial counseling, coding of documented services provided etc.
  • The consequences of failure to properly conduct the function identified.