Merging the managed care cycle and revenue cycle to meet strategic goals.
By integrating the functions of the managed care cycle and the revenue cycle, providers can more readily obtain appropriate payment. The managed care cycle emphasizes strategy, while the revenue cycle emphasizes day-to-day business functions. The four phases of the managed care cycle are interlinked. Management requires information obtained from the revenue cycle to decide upon action needed in the managed care cycle.
Stevenson
Paul
P
MedTactics, Arlington, Virginia, USA. paulstevenson@medtactics.com
Messinger
Stephen
S
D000067:Accounts Payable and Receivable; D017598:Efficiency, Organizational; D005377:Financial Management, Hospital / Q000379:methods*; D008329:Managed Care Programs / Q000191:economics / Q000458:organization & administration*; D017008:Negotiating; D009937:Organizational Objectives; D014481:United States