Discuss the major steps in traditional revenue cycle


Assignment:

Part 1

(Application of Healthcare Financial Management Concepts Summary)

1. Provide a diagram, or list the major steps in the traditional revenue cycle.

2. Discuss how primary payer, secondary payer, deductibles and co-pays affect what is billed.

3. Discuss how bundled care will change the traditional billing cycle.

Part 2 IP

Quality measures (This will be a new section as part of your project)

  • Research and describe at least 2 measures that you plan to use in your facility that are currently used to gauge quality in health care.
  • Identify how data for these measures will be collected and analyzed.
  • Set realistic benchmarks for each proposed measurement, and explain the rationale behind the benchmarks that you set. You should include a minimum of 3 references with the new content (200 to 300 words)

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Financial Management: Discuss the major steps in traditional revenue cycle
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