Question

Effective Revenue Cycle Management (RCM) does not impact the patient. True/False Quality-adjusted life-years (QALYs) are designed...

Effective Revenue Cycle Management (RCM) does not impact the patient.

True/False

Quality-adjusted life-years (QALYs) are designed to provide a common metric to assess the value of different health interventions based on how long they extend life expectancy and patient’s evaluation of the value of those additional years.

True/False

Clinical staff in health care are never responsible for financial budgeting.

True/False

Homework Answers

Answer #1
ans 1 False
Effective RCM impacts patient, when
An RCM cycle is dividend into three parts Patient finnacial services, Access solution for patients, and also mid revenue cyle solutions. So these involves patients records and services to it, So effective revenue cycle management effts patient
ans 2 True
QALY involed both quality of services and quantity i.e the life increased .
It provides a common metric which assess value from different intervention which is based on life expectency .
ans 3
FALSE
The clinical staff can support in preparing financial budget, as they have idea of cost of treatment, medicines
and test etc, so that can always suggest what cost can be included
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