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Revenue Cycle Management is the key to success in any business, and in the healthcare business, the process is complex and subject to frequent change. Healthcare facilities can cope with these challenges in numerous ways, such as investing in automation technology, remaining open to new technology solutions, outsourcing some or all revenue cycle management tasks, and focusing more on the individual consumer’s role in the healthcare revenue cycle.
Please answer the following question for this week’s assignment. Based on the reading and the video presentation, what do you think can be an obstacle to good revenue cycle management and why?
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