Why is coding important to the revenue cycle?
Financial Management in the Health care and Public Sector
Order Description
Using the textbook and other sources answer the following questions in the essay: (no first person point of view)
What are the components of Revenue Cycle Management (RCM) and why is revenue cycle management important? Incorporate the different phases of the revenue cycle in your answer (front middle and end)
-Why is coding important to the revenue cycle?
-What is the significance of managed care organizations and the prospective payment systems discussed in Chapters 6 7 8 to the revenue cycle?
-Understanding the importance of the revenue cycle management process explain its role in preventing healthcare fraud and abuse.
-Mention some challenges faced
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