Revenue Cycle, the Function That Adds the Most Days to the Payment

question 12

Multiple Choice

Revenue cycle, the function that adds the most days to the payment processing and collection cycle, is

• A) Accumulating charges during a patient stay
• B) Billing the accumulated charges after patient discharge
• C) Receiving payment from the patient and/or their insurer
• D) Depositing payments into the bank after they are received

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Definitions:

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the CNS to limbs and organs.

Nerve Cells

The basic building blocks of the nervous system, responsible for transmitting information throughout the body through electrical and chemical signals.

Brain

The organ located in the skull responsible for central nervous system functions, including processing, interpreting, and storing information; as well as controlling many body activities.

Autonomic System

Part of the nervous system that controls involuntary bodily functions such as heart rate, digestion, and respiration.