Which of the following are key components of the revenue cycle?

The selection of patient registration, charge capture, claim submission, payment posting, and accounts receivable management as key components of the revenue cycle reflects the essential processes that ensure the financial viability of healthcare organizations. Each of these components plays a crucial role in managing the flow of revenue from the point of patient care to the collection of payment.

Patient registration is the first step where necessary information is collected to facilitate billing and communication. Charge capture involves documenting the services provided to ensure that all services are billed correctly and efficiently. Claim submission is the next critical step where the healthcare provider submits claims to payers for reimbursement. Payment posting occurs when payments are received and recorded in the financial system, which is necessary for tracking incoming revenue. Lastly, accounts receivable management involves monitoring outstanding payments and following up on claims that have not yet been paid, which is vital for maintaining the financial health of the organization.

Other options include components that contribute to the overall patient experience and operational excellence but do not capture the core financial flows of the revenue cycle as thoroughly as the selected option does. While they are important in different contexts, they do not encompass the entirety of the revenue cycle management processes that drive revenue extraction and financial performance.