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Understanding the Order to Cash Process: A Simple Guide

Nanonets

The  OTC process  encompasses a series of steps, starting from when a customer makes a purchase to when the business receives and clears cash for that purchase. It includes  order management ,  credit management ,  order fulfillment , invoicing, accounts receivable, payment collection, and  data management.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

The patient may receive an Explanation of Benefits (EOB) detailing the payment breakdown. Copayments are normally collected upfront at the time of service. This bill includes details about the services provided, the insurance payment received, and the patient’s portion of the cost.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

The patient may receive an Explanation of Benefits (EOB) detailing the payment breakdown. Copayments are normally collected upfront at the time of service. This bill includes details about the services provided, the insurance payment received, and the patient’s portion of the cost.