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hospital revenue

QuestionAnswer
step 1 Pre Register Patient
step 2 Establish Financial Responsibilty
step 3 Cheek in Patient
Step 4 Check out Patient
Step 5 Review Coding Complaince
Step 6 Billing Compliance
Step 7 Prepare & Transmit Claims
Step 8 Monitor Payor Adjudication
Step 9 Generate Patient Statement
Step 10 Follow up on Patient Payment & handle Collections
Define Hospital Cycle Entire life of a patient account from creation to payment
When is the first contact made with patient during the cycle ? when the patient calls to schedule an appointment
whats included in the Patient Financial Policy ? -Expectations of payment due at times of service -statement of responsibility for payment lies with patient -collection process
Created by: IzzyMOA
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