Response to students' posting on Revenue Cycle Assignment

Response to students' posting on Revenue Cycle - Assignment Example h patient with the proper maintained history of procedures, through which the patient went through, along with the insurance provider details, to facilitate the funds collection process. In this modern time, hospitals use digital networking techniques to integrate various departments, which make the above mentioned tasks efficient and accurate. The main purpose of the whole practice is to monitor the costs and expenses on each medical procedure (Cleverley & Cameron, 2007). The observations shared by Courtney are valuable to the discussion. It is correctly mentioned, that the participation of the doctor in the process of recordkeeping is as important as other activities concerning this practice, because if doctor does not provide the details of prescription accurately, then the rest of the process becomes meaningless. The entire costing and inventory of equipment and medicines consumed while treating a patient solely depends upon the suggested treatment (Cleverley & Cameron,