Which of the following is a goal of revenue cycle management?
A) maximizing accounts receivable
B) increasing staff to improve patient flow
C) paying bills on time
D) minimizing time between providing service and getting paid

Question

Quizplus · Accepted Answer

The goal of revenue cycle management in healthcare is to streamline the billing and collection cycles, thereby minimizing the time between providing a service and receiving payment. This process involves managing claims processing, payment, and revenue generation efficiently to ensure that the healthcare provider is paid as quickly as possible for the services rendered.

Which of the Following Is a Goal of Revenue Cycle