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16 January, 00:46

What factors contribute to the complexity of the revenue cycle in health care?

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  1. 16 January, 04:22
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    The Healthcare Financial Management Association defines the revenue cycle. This cycle means that all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. the following factors contribute to the complexity of the revenue cycle in health care:

    - The nature and importance of the services provided; Regulations that complicate documentation and billings; and te existence of different payment methods and rates for multiple payers.
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