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The U.S. healthcare system, valued at $4 trillion, requires effective revenue cycle management for payment collection post-service. The process begins with recording patient demographics and verifying benefits. Medical reports are coded using systems like ICD-10 or CPT. Claims are generated from charge sheets, with attention to accurate patient information to avoid rejection primarily caused by human error. Once a claim is submitted, it's adjudicated, with early recognition and correction of denials. Payment posting is crucial for tracking finances, but some claims remain unprocessed after 30 days, creating uncertainty in the revenue cycle.