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What are the steps in the revenue cycle? Select and discuss one of the credits and...

What are the steps in the revenue cycle?
Select and discuss one of the credits and collections laws described.
Discuss the collection process.
Describe the statements, dunning notices, and rules regarding the collection process.
Explain the differences between of the bankruptcy laws.
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Answer #1

1) The revenue cycle is characterized as all administrative and clinical activities that lead to collecting, maintaining, and gathering revenue from patient care.It is the whole life of a medical account from development to settlement, in the most concise and simple words.

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