🇸🇦 SaudiBizCode 2026
🔍
SSIC 702031 activity

Revenue cycle management

إدارة دورة الإيرادات

Compliance Risk Score

95/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems
  • Nitaqat localization rules mapped
  • Regulatory compliance requirements detailed

📌 Description

SSIC 702031: Revenue cycle management. Supervised by Council of Health Insurance. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

📖 Description

‘RCMs contracted with healthcare providers to do: Orginize documentation cycle, reauthorization and rejected claims process and determine how to fix problems, Reduce cost and increase revenues healthcare providers, reduce disputation between providers and payers, Enhance and simplified operational procedures, Convert heath services to billable services, Mitigate claims rejection, prepare medical coding through using the acceptable coding standards like ICD

Supervisory entity: Council of Health Insurance

Licensing entity: Council of Health Insurance

Occupations Related to this Activity

121302 Risk-Management Manager 121314 Project Management Manager 134935 Crowd Management Manager 214909 Project Management Engineer 232002 Business and Management Trainer 241312 Government Revenue Specialist

Related Codes

702011 Granting certificates of conformity for management systems 702012 Validation of documents and data 702013 Management consulting activities 702014 Rehabilitation and restructuring of the administrative? financial and operations of the establishments 702015 Public relations and communication 702016 Labour consulting activities

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

📋
Licensing

Permits from supervisory authorities

📊
Statistics

National reporting — GASTAT

FAQ

What is SSIC code 702031?

SSIC code 702031 corresponds to 'Revenue cycle management' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.

When should I use SSIC 702031?

Use SSIC code 702031 when your main business activity is 'Revenue cycle management'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.

What Saudization rate applies to SSIC 702031?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 702031. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.

This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.
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