During those days the patient receives care, food, medications, and the room. During this entire time the nursing staff, physician, financial department, HR, administrators, laboratory, radiology, and pharmacy all have hands on this patient care and their chart. This whole process needs to run
hand in hand with the revenue cycle and how everything is tracked. The financing department and the Information Management are the two most important departments because they have the knowledge to make sure the documentation is correct before sent for processing. FIGURE 1 Scheduling of patient services, demographics Front End Registration and insurance verification Secure source of payment, financial counseling Delivering of services, Case management Charge Capture, Coding Middle Process Correction of Claims, Appeals Back End Processing Bills Posting Payments
References Harrington, M. K. (2016). Health care finance and the mechanics of insurance and reimbursement. Burlington, MA: Jones & Bartlett Learning RevCycleIntelligence. (2016, October 17). What Is Healthcare Revenue Cycle Management? Retrieved November 5, 2018, from - healthcare-revenue-cycle-management
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