Discussion Question

In your post, analyze the interrelationship between the revenue cycle and reimbursement and assess its contributors. Think about questions such as how revenue is generated throughout the healthcare organization, which departments impact revenue as well as reimbursement, and what would happen if no payments were received. How would you describe the interrelationship between the revenue cycle and reimbursement? What seems to be working? What seems to need improvements? Explain how efficient implementation and maintenance of the hospital Chargemaster plays a critical role in revenue cycle integrity. Please refer to the readings as support for your answer.

In response to your peers, support the points they made around what seems to be working and what needs improvements with one additional idea.