Revenue Cycle Management
Data is collected at each step of the revenue cycle, and an error or lack of action at any step in the cycle may result in delayed or lost revenue.
Discuss three steps in the revenue cycle, explaining what action occurs; provide an example for each step.
Describe a negative result, for each of your selected three steps, which may occur if the action is completed incorrectly or not at all.
Select one impact, from those you identified, and apply a policy which notes the process to be taken to prevent or minimize future occurrences of the noted negative event.