Patient Insurance and Revenue Process Question

In addition to the core EHR administrative and clinical functions, system applications are often acquired to support additional departments within the hospital or other healthcare organizations Health Information Technology. One application is a supporting Financial System with components to assist the billing and coding department in capturing and processing patient claims as part of the Revenue Cycle Management process.

It is recommended that you work on this assignment as you complete your Unit 3 activities, and view lectures and interviews. Your responses should be thorough, well-conceived college-level responses that are grammatically correct. When you answer these questions, justify your responses with facts and details from the readings, and with your conclusions. Please write your answers in complete sentences.

1. Identify three steps in the revenue cycle management process and apply its relationship to the billing and coding process
2. Discuss the responsible party and their role (ex: pre-registration, front desk, clinical, etc.) in executing each of the three steps.
3. Assess the impact of each of the three steps on the revenue cycle management process when not completed accurately. Recommend one method for revising inaccuracies in each step.