Explain the role of remittance advice in the revenue cycle, Accounting Basics

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Explain the role of remittance advice in the revenue cycle

Question: Explain the role of Remittance Advice in the revenue cycle. a. It identifies services that may not be covered by insurance. b. It allows the MAC to process Medicare claims. c. It indicates the types of service insurers don't consider medically necessary. d. It links the electronic transfer of funds with specific services.

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Accounting Basics: Explain the role of remittance advice in the revenue cycle

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