Analyze the impact of at least one unique regulatory requirement for third-party payers on the organization’s strategic planning and financial performance
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Analyze the impact of at least one unique regulatory requirement for third-party payers on the organization’s strategic planning and financial performance
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- Analyze the impact of at least one unique regulatory requirement for federal payers on the organization’s strategic planning and financial performanceAnalyze the revenue-cycle errors that may occur in internal and external workflows that can impact a healthcare organization’s cash flow and financial strength.Describe how patient perception towards payment can affect the revenue cycle for a healthcare organization
- Determine how overall strategic planning can potentially be improved by applying financial management and teamwork principles within your organization.Summarize how other healthcare organizations have successfully used financial management principles to inform and improve their overall strategic planning.Describe at least two advantages and disadvantages of the different payment systems from a healthcare administrator's perspective, and explain how these models influence organizations' strategic plans.
- briefly describe a strategic planning, staffing impact, reimbursement compliance and revenue cycle process in healthcare reimbursementDescribe the phases of the revenue cycle for healthcare billing.Discuss the impact of any failure in the claims production and claims submission areas of the revenue cycle
- Analyze the impact of the Physician Self-Referral Law on a healthcare organization’s reimbursement, revenue cycle, and strategic planningDescribe payor sources, reimbursement entities and how reimbursement is influenced by organizations responsible for reimbursementExplain the importance of accounting and finance management in the context of a Health and Social Care organisation (with references). Give typing answer with explanation and conclusion
