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The revenue cycle describes how a firm turns its goods or services into payments (cash flows). It begins with the point of contact of the

The revenue cycle describes how a firm turns its goods or services into payments (cash flows). It begins with the point of contact of the patient with the provider setting, continues with the processing of third - party insurance claims, involves collection follow-up activities, and ends when a complete payment is received by the provider for those services. true or false

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