Are you able to assist in the following?

Outline the basic steps of the revenue cycle in a hospital system.

Identify the steps within the revenue cycle process that includes 1. admissions, 2. case management, 3. documentation, 4. coding, 5. billing, etc. For each step identified, provide details pertaining to the following:

oPurpose of the step identified.

oThe individuals involved in the process (e.g., providers, transcriptionists, coders, registration clerk, etc.).

oKey components of the function, like verifying insurance, financial counseling, coding of documented services provided etc.

oConsequences of failure to properly conduct the function identified.