What is the definition of revenue cycle?
A) all administrative and clinical functions which ensure that sufficient monies flow into the practice to pay bills
B) clinical care provided for patients, from appointment to discharge
C) all coding and billing steps involved in preparing correct claims
D) complete documentation that is submitted to third-party payers

Question

Quizplus · Accepted Answer

The revenue cycle encompasses all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue, which includes ensuring that the practice receives sufficient funds to cover its operational costs.

What Is the Definition of Revenue Cycle