Financial diss and assnt9

Instructions

You have been recently hired at UMGC Health as a financial consultant. One of your job duties entails educating new hires on the revenue cycle process.

For this assignment, you will prepare a 5-10 page white paper outlining the basic steps of the revenue cycle.

· Identify the various steps within the revenue cycle process, including admissions, case management, documentation, coding, billing, et cetera.

· For each step identified, provide details pertaining to the following:

· Purpose of the step identified.

· The individuals involved in the process (e.g., providers, transcriptionists, coders, registration clerk, etc.).

· The key components of the function, such as verifying insurance, financial counseling, coding of documented services provided etc.

· The consequences of failure to properly conduct the function identified.

Please Note: Support your research with at least five peer-reviewed sources. The use of professional charts / graphs to reinforce written content is expected.

Discussion 9

Read “Hospital revenue cycle trends to watch in 2019 — 8 thoughts” ( https://www.beckershospitalreview.com/finance/hospital-revenue-cycle-trends-to-watch-in-2019-8-thoughts.html.  Based on the trends you read about in the article, which of the eight trends are most evident in the healthcare industry today?  Support your statements with research in a few paragraphs and post your work to the discussion forum in an original post.  Once you have completed your post, review the link of at least  two of your peers.