How Healthcare Reimbursement Tie into the Revenue Cycle

How Does Reimbursement Tie into the Revenue Cycle
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How Does Reimbursement Tie into the Revenue Cycle
Health care institutions need to have successful processes that ensure their financial health if they are to survive. The healthcare cycle comes as the administrative and clinical process that facilitates the capturing, organization, and revenue collection earned through services to patients. For the cycle to be effective, it must be executed correctly by ensuring that all clinical functions make up the cycle function at an optimal level.
As one of the clinical functions of the revenue cycle, reimbursement makes up the principal chunk of revenue in medical practice. To ensure the success of a practice, you have to provide speedy and efficient processes of turning in claims to eli...