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The number of patients who do not pay for their services (uncompensated patients) are not included when you are calculating total cost. Select one: True

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The number of patients who do not pay for their services (uncompensated patients) are not included when you are calculating total cost. Select one: True What is meant by the revenue cycle and when do revenue cycle activities occur? Choose the best, most complete answer. a. None of these b. Revenue Cycle is the activities health care organizations undertake to collect payment for the services they perform. Critical revenue cycle activities occur before, during and after a service is performed and involved collecting correct information on the payer, getting necessary authorizations, documenting services performed and the reason, and submitting claims. @c. Revenue cycle is creating the bills and documenting payment. All revenue cycle activities occur after the services are performed. d. The revenue cycle is processing payments once they are received in a medical provider's office. It is turning receipts into revenue that can be spent. In a fee for service payment system: a. the quantity of services provided impacts both revenue and fixed costs b. none of these c. the quantity of services provided impacts variable costs but not revenue d. the quantity of services provided impacts revenue but not variable costs e. the quantity of services provided impacts both revenue and variable costs

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