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2 years ago

What is the definition of revenue cycle management?

Business

2 answers:

Maru [420]2 years ago

8 0

Answer/Explanation:

Definition of Revenue Cycle Management also known as (RCM) is the supervision of all administrative and clinical functions that contribute to the capture, management and collection of patient service revenue.

Stels [109]2 years ago

6 0

Answer:Revenue cycle management is the process used by healthcare systems in the United States and all over the world to track the revenue from patients, from their initial appointment or encounter with the healthcare system to their final payment of balance. It is a normal part of health administration

Explanation:

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You own a local coffeeshop. recently, you noticed that customers were doodling on your white paper cups. intrigued, you set up a

Kaylis [27]

<span>This is an example of crowdsourcing. Crowdsourcing is the act of obtaining information or gathering input on something from a large group of people. When gathering ideas for doodles that could be placed on the cups in the coffee shop, the owner was engaging in crowdsourcing because they were collection different options from the group of customers in their coffeeshop.</span>

8 0

3 years ago

Regardless of whether a tax is levied on sellers or buyers, taxes encourage market activity.

jeyben [28]

The answer is true because activity is important and shouldn't be discouraged.

5 0

3 years ago

4. Will car insurance be more expensive leasing a car or buying a car?

Snezhnost [94]

Answer:

Insurance companies are primarily concerned with your driving record and the type of vehicle you are insuring. Insurance rates are based on how safe of a driver you are and the amount they will have to pay out if you total your vehicle. It makes no difference to them if you have leased the car or purchased it.

3 0

2 years ago

Read 2 more answers

When a country imposes tariffs, it is likely to cause

bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

3 0

2 years ago

Read 2 more answers

On January 1, 2017, Marin Company purchased 12% bonds, having a maturity value of $320,000, for $344,260.74. The bonds provide t

kap26 [50]

Answer and Explanation:

The Journal entry is shown below:-

1. Debt Investment Dr, $344,260.74

To Cash $344,260.74

(Being cash paid is recorded)

2. Interest Receivable Dr, $38,400

To Debt Investment $3,973.93

To Interest Revenue $34,426.07

(Being interest received is recorded)

Fair Value Adjustment Dr, $1,713.19 ($342,000 -$340,286.81)

To Unrealized Holding Gain or Loss - Equity $1,713.19

(Being fair value adjustment is recorded)

3. Unrealized Holding Gain or Loss - Equity $7928.68

($335,915.49 - $329,700 + $1,713.19)

To Fair Value Adjustment 7,928.68

(Being unrealized loss or gain is recorded)

Working note

Book value of Interest Interest Amortization Book value

debt beginning Revenue Receivable (d = c - d) of debt

(a) b=(a × 10%) c at the end

($320,000 × 12%) (e - d)

$344,260.74 $34,426.07 $38,400 $3,973.93 $340,286.81

$340,286.81 $34,028.68 $38,400 $4,371.32 $335,915.49

8 0

3 years ago