Benefits of revenue cycle in healthcare.

Benefits of revenue cycle in healthcare.

Benefits of revenue cycle in healthcare.

Instructions

It is beneficial for all health care employees to understand their role in the organization’s revenue cycle. Creating a flowchart of the revenue cycle is one way to illustrate the process. The document you create for this assignment will be informative and educational. It will help provide relevance and context for your team – showing how their work is interlinked to others’ in your organization, and why their role is so important.

At the top of your document, provide a name for the organization you are depicting (this may be fictional or real). Then, state your audience. [Example] Organization: Herzing Regional Hospital, Audience: Billing office staff

In approximately 250 words, summarize what the revenue cycle is, and why it is important for everyone to understand. Keep this information focused for your target audience.

Create a flowchart using a program like Microsoft Word, Publisher, PowerPoint, or any software of your choosing. You do not need to purchase software to complete this task.

The content of your flowchart should represent the cyclical nature of a health care organization’s revenue cycle.

Revenue cycle activities (segments of your chart) should reflect your organization’s size and scope.

Be sure to include what stakeholders are involved in each step of the cycle. For example: Front office staff, physicians, patients, billing staff, etc.

APA Requirements: A title and reference page are required. In-text citations are not necessary

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You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.


 

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