Hs 440 Finance for Health Care Unit 2 Assignment

HS 440 Finance for Health Care Unit 2 Assignment

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Unit 2 Assignment:

Third-Party Payers

Unit outcomes addressed in this Assignment:

List the features of third-party payers.

Describe third-party payers.

Explain reimbursement methods used by third-party payers.

Explain the effects of coding on reimbursement.

Course outcome assessed/addressed in this Assignment:

HS440-1: Describe the current financial environment in healthcare and its influence on decision

making.

HS440-2: Describe international standard diagnosis classification use in the US health care

reimbursement and billing system.

GEL 1.1: Demonstrate college-level communication through the composition of original

materials in Standard American English.

Instructions

For this Assignment, you will be writing a report to the Board of Directors of Health Care

Systems, Inc. regarding the importance of proper coding in order to ensure prompt

reimbursement. In the report, the Board requires an introductory paragraph that should

summarize the role of finance in Health Care Systems, Inc., the primary users of the financial

information, any associated legal or regulatory issues, and a brief statement on the legal form of

Health Care Systems, Inc.

The body of your report to the Board of Directors should include a detailed description of the

features of third-party payers, the reimbursement methods used, and the effects of coding on

reimbursement.

To conclude your report to the Board of Directors, summarize in a one paragraph conclusion the

key points of your report and include a final statement on how you, as the CFO, will ensure

proper coding to facilitate prompt reimbursement in the future.

Requirements

This report should be no less than 5 total pages in length, including the title page

and separate reference page. The body of this report should be no less than

three full body pages.

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